Like other corporates, the $4 billion Southeast Corporate Federal Credit Union said today it is on target to submit its final business and capital plans to the NCUA by March 31. It continues to receive support from its member owner credit unions, it says, as evident from a webcast last week.
"Members will be asked to indicate their support via a nonbinding letter of intent," said Brad Miller, Southeast Corporate's President/CEO. "Through ongoing member communication, webinars and town hall meetings, we've laid out our strategy and have asked credit unions for feedback and with that input, we're ready to put forward our final plans."
Miller said member comments "generally have been positive, with many credit unions indicating they want to go forward."
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