Credit union mergers are a huge undertaking. They can be confusing, are most certainly exhausting, and create a bit of chaos during the process. However, you can minimize all of this if you know what to expect and… Read More

In this atmosphere of hyper-competition in the financial services industry, credit unions throughout North America are exploring the potential of strengthening their positions through beneficial consolidations and mergers. In British Columbia, the potential benefits of a major consolidation… Read More

NCUA approved 16 mergers in August 2018 which increased from 14 last month. The number of mergers is up, and the combined assets of merged credit unions are also up nearly $1.0B compared to last month.  For the… Read More

NCUA approved 14 mergers in July 2018 which increased from 12 last month. The number of mergers is up, and the combined assets of merged credit unions are also up nearly $159M compared to last month.  For the… Read More

As the recent acquisition of a community bank branch by Vocal Credit Union demonstrates, mergers aren’t the only avenue open to credit unions aiming to expand their reach and membership. Vocal CU, a $30 million financial cooperative based… Read More