This week, small corporate credit unions whose business models have historically depended upon U.S. Central FCU products and services are meeting at the Rio Hotel in Las Vegas to hear pitches from new providers.
The so-called "pass-through" corporate attendees form a loose association that includes the $830 million First Corporate CU, the $147 million Louisiana Corporate CU, the $280 million Kansas Corporate CU, the $576 million Missouri Corporate CU, the $812 million TriCorp FCU, the $221 million West Virginia Corporate FCU, the $444 million Kentucky Corporate FCU and the $376 million Treasure State Corporate CU.
"This group of corporates has been meeting continuously since 2004, at least annually, to discuss operations and brainstorm," said event planner Jim Thompson, CEO of Kentucky Corporate. "We are all pretty similar in philosophy and strategy."
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