NCUA Creates ‘Bridge’ Credit Unions: Entities Ensure Continuity for Conserved CUs. NCUA says it will use a “Good Bank/Bad Bank” model to facilitate the corporate resolution process. Bridge corporate credit unions will be highly liquid and operated to ensure stability and minimize disruption of service to member credit unions. The plan for bridge corporates includes development of a long-term plan to transfer operations to a new corporate credit union or sell the operations to another. This process could take up to 24 months.”]
Source: https://www.cuinfosecurity.com/ncua-creates-bridge-credit-unions-a-2983