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 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.

NCUA Approves 20 Mergers in September 2014

The NCUA approved twenty (20) mergers in September 2014 which is down slightly from the previous two months. The combined assets of the merged credit unions are $393 million. The mean and median assets of merged credit unions… Read More

Wake-Up Call

Wake-Up Call for Merger

The recession of the last two years has been a wake-up call for the credit union industry. Despite the continuing troubling signs in the economy and for individual credit unions’ financial performance, credit union boards and management keep… Read More