Here's an institution-by-institution recap:

Closing Down

Iowa Corporate
Liquidating. Many members are expected to move into a service provided by the National Cooperative Bank and The Members Group, according to Sara Flynn, CEO of Iowa Corporate.

Midwest Corporate
Liquidated. Many former members have joined ProDraft, a CUSO that delivers correspondent services, according to Doug Wolf, a ProDraft executive and the former CEO of Midwest Corporate.

U.S. Central
Will close. But no date has been set, said Austin Braithwait, a U.S. Central executive. The NCUA did not respond to a request for a timetable.

Open for Business

TriCorp
Adequately capitalized. “We will meet our capital target, coming in with around $17 million,” said Steve Roy, CEO of the Westbrook, Maine-based corporate serving 103 northern New England natural person credit unions. Assets are around $500 million. Leverage ratio is around 4.3%, per Roy.

Mid-Atlantic
Adequately capitalized, at a 4.77% ratio when last reported by the Middletown, Penn. corporate. Serves around 800 members. Assets around $3.4 billion.

First Carolina
Adequately capitalized. Set a $60 million capital goal, had accumulated over $65 million, from 147 members, at last count, according to CFO Mark Brown. Assets of the Greensboro, N.C. corporate are around $1.625 billion.

EasCorp
Well-capitalized, with a leverage ratio of 8.64%, according to Allen Bernstein, president of Vertifi, an EasCorp subsidiary and a spokesperson for the Burlington, Mass. corporate. Membership numbers 260. Assets total $482 million.

Corporate One
Well-capitalized, with a leverage ratio of 8.6%, according to senior vice president Robert Coyan. Members number 776. Total assets at the Columbus, Ohio, corporate are $4.2 billion.

VolCorp
Adequately capitalized, per CFO Jeff Merry, with a ratio of 4.28%. Headquartered in Nashville, Tenn., VolCorp has 204 members and assets of $1.4 billion.

First Corporate
Adequately capitalized, at around 5.85%, said CEO Pete Pritts. There are 48 members but Pritts said the Phoenix-based corporate expects growth. Assets about $860 million.

Corporate America
Adequately capitalized, at 4.13%, said CEO Thomas Bonds. Bonds put the membership of the Irondale, Ala.-based corporate at around 500.

Kansas Corporate
Well capitalized, said CEO Larry Eisenhauer, who added that Wichita-based Kansas Corporate's final numbers are not yet known, but they will exceed the “well capitalized” yardstick. Assets $342 million. Membership count is above 140.

Central Corporate
Adequately capitalized. Jim Zimmerman, vice president, marketing at this Southfield, Mich.-based corporate, said CenCorp has a leverage ratio of 5.2% and assets of $1.9 million. Membership totals 340.

Missouri Corporate
Adequately capitalized. According to CEO Dennis DeGroodt, “Our interim leverage ratio as of 7-31-11 was 4.60%. As of [August 26], we have 124 members. Our assets at 7-31-11 were $464.6 million.” Based in St. Louis.

Corporate Central
Well capitalized, at 10.5%, according to Robert Fouch, CEO of the Muskego, Wis. corporate.

SunCorp
Claims to have achieved adequate capitalization. According to Brandt Peterson, executive vice president of the Westminster, Colo.-based corporate, “We have commitments and escrow deposits totaling over $60 million from 176 credit unions. We are gathering the final paperwork to close escrow. The escrow period runs until Sept. 30, but capital will move out of escrow as soon as the minimum paper work total of $56 million is gathered. We are on target for early to mid-September escrow close based on the paperwork flow to date.”

Merging

Southwest Bridge and Georgia Corporate
Merging into a new corporate to be renamed Catalyst. In mid-August, Catalyst claimed 867 members – closing in on an expected total of “around 900,” per Greg Moore, CEO of Georgia Corporate. He indicated Catalyst “will be above the 4% requirement for achieving adequate capitalization.” As of Aug. 25, a total of 875 members have committed $92.7 million to capitalize Catalyst Corporate Federal Credit Union. That is adequate capitalization, per Amy Fuller, a senior vice president at Georgia Corporate.

Treasure State
Merging into Kansas Corporate, according to CEO Steve Howke. The Helena, Mont. corporate presently serves 56 members. Said Howke: “We did a lot of due diligence before deciding on a merger partner. We have so many things in common with Kansas. For instance, they are on the same data system as we are. Conversion for our members will be seamless.”

VACORP
Merging into Mid-Atlantic. The Lynchburg, Va. corporate announced this plan in late 2010. The merger is expected to come up at the September NCUA meeting.

Southeast
Seeking to merge, according to CEO Brad Miller, who indicated Tallahassee-based Southeast had failed in its capitalization drive. Miller also said Southeast had narrowed the field of merger candidates and would be announcing its new partner imminently.

Louisiana Corporate
Merging into Corporate America, per Louisiana Corporate CEO David Savoie.

West Virginia Corporate FCU
Merging into VolCorp. According to Jeff Merry, a senior vice president at VolCorp, “Our merger efforts are proceeding according to schedule as we are on track to submit our merger application at the end of September. While we still have many steps to take, we feel optimistic about the speed at which the process is moving and have been very encouraged by the positive feedback we have received from members of both corporates.”

Question marks

Members United
Set to emerge as Alloya, a newly chartered corporate headquartered in Warrenville, Ill., that will represent around 1,000 members. Initially targeted a capitalization level of $100 million. Cut that to $70 million as many large credit unions declined to fund the new corporate. Motorola Employees Credit Union CEO John Fiore, a prime mover in the capitalization drive, expressed confidence that Alloya will succeed.

Kentucky Corporate
Still raising capital. As of late August did not have sufficient capital on hand, but was still actively engaged in raising more, said President Jim Thompson who was adamant that Louisville-based Kentucky Corporate had not thrown in the towel.

Western Bridge
Every indication is that an attempt to recapitalize as United Resources will fail. A $200 million goal had been set but in mid-August reports put the capital raised at only around $50 million. Even so, the core membership has not given up. Matt Davidson – CFO of Kern Schools FCU and a member of the board of directors of United Resources – “Every day we are getting more credit unions writing checks. We are hoping beyond hope to meet the $200 million goal.”

No official death notice has been issued, by NCUA (which owns the conserved corporate) or by the capitalization committee. Word is that if Western Bridge – which served 885 members as of June – fails to achieve its capital goal it will get one year to wind down its operations and close shop.