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.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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
NOT FOR REPRINT

© 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.

Credit Union Management