The board of directors of Georgia Corporate on Wednesday issued the final approval needed to give rise to Catalyst, the new corporate formed out of a merger of Georgia Corporate with Southwest Bridge.
Tuesday the members of Southwest Bridge voted in favor of the merger. Monday the NCUA gave its approval. The 875-member corporate plans to open as a newly merged entity next week.
"The Georgia Corporate Board has been committed to ensuring that member interests are at the forefront of every decision," said Lin Hodges, chair of the Georgia Corporate board and president of Associated Credit Union in Atlanta.
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