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.
NCUA has released its new call report form and accompanying instructions, which become effective Sept. 30. For credit unions engaged in commercial lending, most notable are the updates reflecting the January 2017 changes to the member business lending rule.