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CU System
Corporates consolidation topic of 10 town hall meetings
PLANO, Texas and DULUTH, Ga. (3/4/11)--Executives of Southwest Bridge Corporate FCU in Plano, Texas, will host 10 town hall meetings statewide this month. The purpose of the meetings is to provide member credit unions another opportunity to obtain information about the proposed consolidation of Southwest Bridge Corporate and Georgia Corporate, Duluth, Ga. “The proposed business plan is based on less capital, less risk and uninterrupted delivery of products and services to our member credit unions,” said Dianne Addington, CEO of Southwest Bridge (LoneStar Leaguer March 3). “Our goal for these meetings is to communicate why this business plan was selected, what the new corporate would look like, why it would carry less risk, and how much capital credit unions would need to invest,” she added. “We want credit unions to understand the plan completely and get all their questions answered.” Southwest Bridge is conducting 26 town hall meetings in eight states. The meetings are part of ongoing member communication efforts regarding the future of Southwest Bridge Corporate. Some information will be repeated from previous webinars conducted by the corporate, but new information will be presented. Three webinars were conducted in December and January.


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