The NCUA said Friday it will hold a meeting of potential bidders for U.S. Central Bridge Corporate at 1 p.m. CDT on Oct. 3, probably in the Kansas City, Mo., area.
“This meeting is an important first step in the process for potential acquirers to learn about U.S. Central Bridge’s operations and the process for submitting a proposal to acquire operations,” Scott Hunt, agent for the conservator of U.S. Central Bridge, said in a statement.
“NCUA seeks a solution that minimizes disruption to U.S. Central Bridge members and their downstream credit union members, while minimizing costs to the Corporate Stabilization Fund,” Hunt said.
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