ARVADA, Colo. – SunCorp Corporate CU and Rocky Mountain Corporate CU merged. The merged corporate now has about $1.9 billion in assets. There was one very unique aspect of this merger. The corporates did not want to lose their branding momentum, so each maintained its own name in its FOM. SunCorp President/CEO Eric Kenealy said recently however that this policy may be revisited as there are cost and legal issues that may be too detrimental to warrant continuing on. No decisions have been made as of yet.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.