Catalyst Corporate Federal Credit Union is planning a series of town hall meetings in January and February to help credit unions make the move from Western Bridge.
The NCUA recently awarded Plano, Texas-based Catalyst the right to buy the operations of Western Bridge, itself the remnants of WesCorp.
The meetings will focus on Catalyst's products and services, business model, capital investment requirements and transition details and are intended to help Western Bridge member credit unions make a “non-disruptive, low-cost transition” to Catalyst.
“We are eager to meet credit union leaders one-on-one, and help put a face on Catalyst Corporate,” said Dianne Addington, president/CEO of Catalyst Corporate, itself created by a merger of Southwest Bridge and Georgia Corporate.
Meetings will be held in six states: California (San Diego, Long Beach, Anaheim, Burbank, Pomona, Sacramento, Oakland, San Francisco, Fresno, Bakersfield and San Jose), Oregon (Portland), Washington (Tacoma, Seattle, Spokane), Nevada (Las Vegas), Idaho (Boise and Pocatello) and Hawaii (Honolulu and Lahaina).
The corporate said it also has updated a new section of its website for the Western Bridge region with information that includes a business plan, Perpetual Contributed Capital sample memorandum and agreement and an FAQ area.
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