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May 18, 2012

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CenCorp 1st Quarter 2012 Financial Results Available
CenCorp’s net income in the first quarter 2012 was $1.2 million. This was slightly better than the net income projected in the Future Direction Plan communicated to members previously. These results and additional information are discussed in the 1st Quarter 2012 Financial Review.

If you have any questions, please contact either Bill Walby or Ron Boehnlein at (248) 304-3004 or (248) 304-3008, respectively.

CenCorp and Alloya Consider Merger
Warrenville, Ill. and Southfield, Mich. (Apr. 10, 2012) – Alloya Corporate FCU (“Alloya”) and Central Corporate Credit Union (“CenCorp”) announced today that their respective boards signed a non-binding letter of intent to merge the two Corporates. This action allows for ongoing discussions, due diligence, and joint planning. The new organization would serve nearly 20% of the nation’s credit unions, primarily in a ten-state region spanning from the Midwest to the East Coast. Read More

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Weekly Economic Commentary

by Stone & McCarthy Research Associates

5/14/2012 - After a relentless stream of disappointing reports, it’s nice to receive a dollop of good news for a change.
Make no mistake; nothing that came out of Washington’s data mills this week can be considered a game-changer. Read More

Contingency Plan and Disaster Recovery Statement