Beyond nostalgia, the chairman of Treasure State Corporate Credit Union said this week he has no real regrets about the demise of the Montana corporate because all of the existing wholesale and processing services look to be handled seamlessly by its new parent, Kansas Corporate Credit Union of Wichita.
The major caveat as a result of the Jan. 1 merger will be ensuring a Montana voice in the restructuring, said Kevin Mayer, the outgoing head of Helena-based Treasure State who also is president/CEO of the $56 million Richland CU of Sidney.
On that, the president/CEO of Kansas Corp., Larry Eisenhauer, said his board at its first meeting in late January under the new structure does expect to consider the representation issue based on the number of Montana CUs agreeing to recapitalization.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
