A new name, a new home, and a new deal. All of that now appears to be coming out of the combination of Georgia Corporate with Southwest Bridge. The new name, the two corporate credit unions recently announced, will be Catalyst Corporate Federal Credit Union.

"Choosing a name that represents the forging of a new corporate entity is an important step forward," said Greg Moore, CEO of Georgia Corporate, in a prepared statement. The new home will be in Plano, Texas, where Southwest Bridge is currently based, said Amy Fuller, chief operating officer of Georgia Corporate, in an interview.

As for the combination, what now appears to be happening is that instead of a merger, as earlier announced, Georgia Corporate will acquire Southwest Bridge in a purchase and assumption, said Fuller.

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