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

2017 saw a total of 7 credit union-buying-bank deals announced, with one being terminated. As of March 22, 2018, there have already been four deals of the same nature announced. More and more of the smaller community bank… Read More

The success of credit union mergers is largely dependent upon CEOs’ perceptions of the process. There are typically many unknowns when a credit union is first approached as a merger partner. Of course, human nature tends to fear… Read More

NCUA approved 12 mergers in June 2018 which decreased from 19 last month. The number of mergers is down, and the combined assets of merged credit unions are also down nearly $422M compared to last month.  For the… Read More

NCUA approved 19 mergers in May 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 $421M compared to last month.  For the… Read More