GREENSBORO, N.C.-Though most of the discussion on the future of the corporate credit union system has revolved around troubled large institutions and "pass throughs," medium-sized corporates could provide a strong business model going forward.

"Some very efficient, mid-sized corporates do have needed resources to capably provide the same products as large corporates, and they should be included in the discussion," said David Brehmer, CEO of $1.7 billion First Carolina Corporate CU. "The mid-sized corporates may, to varying degrees, need to be recapitalized, but they have the resources to continue to be value-added providers to their member credit unions. It should be noted that innovations have come from many different-sized corporates, not just those that are the largest."

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