Central Corporate CU CEO Bill Walby said he's optimistic his members will vote to approve a merger with the $1.4 billion Alloya Corporate FCU.
The NCUA approved the merger request Thursday, allowing the two to clear one more hurdle along the way to forming the industry's second largest corporate.
Most of the $1.37 billion CenCorp's 330 members will vote by mail, Walby said, but others will travel to the corporate's Southfield, Mich., headquarters April 4 for a special meeting to cast their votes in person.
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
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.
