Credit Union Merger Approvals – December 2016
NCUA approved 18 mergers in December 2016 which stayed the same from 18 last month. The difference is that there is one credit union, Indianhead, that merged 4 tiny credit unions this month. The number of mergers are… Read More
How Small Credit Unions Benefit From Mergers
Today’s financial market is extremely competitive and most smaller banks and credit unions face a difficult uphill battle in trying to survive among their larger competitors. The larger a credit union is, the more resources it has at… Read More
Instant Gratification Through Mergers
Small credit union managers can be forgiven for feeling a little stressed. They regularly face one of the most challenging jobs in the financial industry: trying to operate a small, community credit union in the same field as… Read More
The Squeeze On Small Credit Unions
There was a time when a quaint, small credit union could compete with the bigger organizations in town. In simpler times, things were a lot different; however, today’s ultra-competitive credit union economy relies on economies of scale in… Read More
Credit Union Mergers Approvals – November 2016
NCUA approved 18 mergers in November 2016 which decreased from 11 in October. For the month of November, the total merged assets are up 500 percent to $426 million compared to last year’s $85 million. That’s an increase… Read More