The $2.9 billion Catalyst Corporate Federal Credit Union announced July 3 it has completed its consolidation with Western Bridge Corporate. The weekend of June 30, Catalyst Corporate took the final successful steps in the conversion process, including transferring core systems, billing, wire services and Internet connectivity.

"Each phase of this very complex conversion process has gone smoothly," said Catalyst Corporate President/CEO Kathy Garner. "Because of the efforts of the integration teams at both corporates, we are well-positioned to provide the full Catalyst value proposition to each of the 315 Western Bridge members that transitioned to Catalyst as capitalizing members, and to serve the needs of all Catalyst members well into the future."

Over the past several months, Catalyst Corporate transitioned services such as ACH, remote deposit and check processing for former Western Bridge members. As a result of the item processing transition, Catalyst Corporate's daily check processing volume  jumped from approximately 420,000 items per day in April to an approximate average of nearly 700,000 items per day during June, and included one day when Catalyst Corporate processed more than 1.2 million checks.