New corporates will assume existing business of Members United and Southwest Corporate.
November 15, 2010
The newly created institutions will be known as Members United Bridge Corporate FCU and Southwest Bridge Corporate FCU . The first two bridge corporates created by NCUA were U.S. Central Bridge Corporate FCU and Western Bridge Corporate FCU.
The Consumer Finance Protection Bureau announced Wednesday it is proposing to delay the effective date of the Know Before You Owe integrated mortgage disclosure rule until Oct. 3, a Saturday, instead of Oct. 1.