PLANO, Texas (12/30/11)--Catalyst Corporate FCU announced Thursday the schedule for town hall meetings it will conduct in January and February to help credit unions transition from Western Bridge Corporate FCU during 2012.
Catalyst Corporate was selected by the National Credit Union Administration (NCUA) to acquire Western Bridge Corporate's operations earlier this month. NCUA's decision put into place a plan for a non-disruptive, low-cost transition, said Catalyst in a press release. Interested credit unions can attend one of 20 free town hall sessions in six states.
"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 the corporate, who also noted Catalyst Corporate executives will present the session and respond to individual credit union concerns.
The meetings will:
- Provide information about the Catalyst Corporate business model;
- Explain the capital investment necessary to join;
- Review products and services available;
- Outline transition timeframes; and
- Answer questions.
The meetings are open to credit union executives and board members. In California, the corporate will conduct the meetings in: San Diego, Long Beach, Anaheim, Burbank, Pomona, Sacramento, Oakland, San Francisco, San Jose, Fresno and Bakersfield.
Other meetings will be in:
- Portland, Ore.;
- Tacoma, Seattle and Spokane, Wash.;
- Las Vegas, Nev.;
- Honolulu and Lahaina, Hawaii; and
- Boise and Pocatello, Idaho.
For the complete schedule or to register, use the link. Additional updates on the transition are located on the special Western Bridge Member region of Catalyst Corporate's website. The updates include the 2012 Strategic Business and Capital Plan, a sample Perpetual Contributed Capital offering memorandum and Subscription Agreement; and upated Frequently Asked Questions.