Credit Union Merger Approvals – February 2017

Credit Union Merger Approvals - February 2017

NCUA approved 14 mergers in February 2017 which decreased from 21 last month. The number of mergers are down and the combined assets of merged credit unions are down nearly $990M compared to last month.  For the month… Read More

Credit Union Mergers – June 2016

NCUA Approved Credit Union Mergers June 2016

NCUA approved 16 mergers in June 2016 which is up from 10 last month. The number of mergers are up and the combined assets of merged credit unions are also up nearly $10 million compared to last month.  Compared to… Read More

Credit Union Merger Approvals – March 2016

Credit Union Mergers March 2016

Mergers approvals picked up in March.  NCUA approved 23 mergers in March 2016 which is the highest approval rate so far this year.  March credit union merger approvals is nearly twice the number of mergers from March of… Read More

Credit Union Merger Approvals – November 2015

Credit Union Mergers November 2015

Similar to last month the NCUA approved 19 mergers in November 2015, which is down from the 22 mergers in October of last year. The combined assets of merged credit unions is up nearly $50 million compared to… Read More

NCUA Approves 19 Mergers in October

The number of mergers is down compared to last month and year.  The NCUA approved 19 mergers in October 2015, which is down from the 28 mergers last month and 28 in October of last year. The combined… Read More

Credit Union Merger Approvals September 2015

Credit Union Merger Approvals - September 2015

The number of mergers is up compared to last month and year.  The NCUA approved 28 mergers in September 2015, which is up from the 16 mergers last month and 20 in September of last year. The combined… Read More

August Delivers 16 Credit Union Mergers

August 2015 Credit Union Mergers

The number of mergers is down compared to last month and year.  The NCUA approved 16 mergers in August 2015, which is down from the 20 mergers in July and 25 in August of last year. While the… Read More

NCUA Approves 20 Credit Union Mergers in July

Credit Union Merger Approvals - July 2015

Mergers declined in July compared to last month and a year ago.  The NCUA approved 20 mergers in July 2015, which is down from the 25 mergers in July of last year. Not only were the number of… Read More

Wisconsin Credit Unions Merge with Great Energy and Enthusiasm

Wisconsin Credit Union Merge - Video

Two Wisconsin based credit unions have taken the steps to be better together.  Community Credit Union, with $123 million in assets is merging into Verge, a Credit Union with just under $600 million in assets. Community CU is… Read More

NCUA Approves 27 Mergers in June 2015

Credit Union Merger Approvals June 2015

  For the second month in a row the number of mergers is up compared to last year.  The NCUA approved 27 mergers in June 2015 which is up from the 20 mergers in June of last year…. Read More

NCUA Approved Credit Union Mergers – May 2015

Reversing a trend, the number of mergers is up compared to last year.  The NCUA approved 19 mergers in May 2015 which is up from the 16 mergers in May of last year. Not only were the number… Read More

NCUA Approved Credit Union Mergers – April 2015

Credit Union Mergers & Acquisitions April 2015

For the third month in a row the number of credit union mergers is down compared to last year.  The NCUA approved 25 mergers in April 2015 which is down from the 32 mergers in April of last… Read More

Credit Union Merger Approvals Up Slightly in March

The NCUA approved 12 mergers in March 2015 which is down from the 22 mergers in March of last year. The combined assets of the merged credit unions are $237 million.  The mean and median assets of merged… Read More

Top 20 Credit Union Mergers 2014

Largest Credit Union Mergers 2014

The 20 largest mergers approved by the NCUA in 2014 accounted for nearly $3 billion in assets.  This represented nearly 20% of the assets of the credit unions they merged into (continuing credit unions).  Mergers of equals are… Read More

NCUA Approves 8 Mergers in February

Credit Union Mergers February 2015

The NCUA approved 8 mergers in February 2015 which is half the number of mergers from February of last year. While there were not many mergers, the average size was relatively large compared to most months.  The combined… Read More

January 2015 Merger Approvals

The NCUA approved 21 mergers in January 2015 which is up from the 12 mergers in January of last year. While credit union mergers continue to be primarily smaller credit unions, the January numbers were an aberration from… Read More

NCUA Approves 19 Mergers in December

The NCUA approved 19 mergers in December 2014 which is up from the 28 mergers in December of last year. Very small, boutique credit unions were absorbed in December.  The combined assets of the merged credit unions are… Read More

NCUA Approves 22 Mergers in November

Credit Union Merger Approvals In November 2014

The NCUA approved 22 mergers in November 2014 which is up from the 17 mergers in November of last year. The combined assets of the merged credit unions are $434 million.  The mean and median assets of merged… Read More

Merger Approvals Peak Again in October

NCUA Merger Approvals October 2014

The NCUA approved 28 mergers in October 2014 which is the second highest merger approval rate for the year. The combined assets of the merged credit unions are $458 million.  The mean and median assets of merged credit… Read More

Merger is a Win for the Community!

Community Wins

Community wins in First West Credit Union’s and Island Savings’ recent announcement of intention to establish endowment in conjunction with their proposed merger.