CEO Advisory GroupCredit Union Merger Approvals 2Q 2024
NCUA approved 46 mergers in Q2 of 2024 which increased from 26 last quarter. The combined assets of merged credit unions total $3.3B, which compares to $3.7B last quarter and $2.7B in Q2 2023. The mean and median… Read More
Credit Union Merger Approvals – 2Q2020
NCUA approved 25 mergers in Q2 of 2020 which decreased from 34 last quarter. The combined assets of merged credit unions is $404M, which compares to $404M last quarter and $2.1B a year ago. The mean and median… Read More
Credit Union Merger Approvals – May 2018
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
Credit Union Merger Approvals – January 2018
NCUA approved 20 mergers in January 2018 which increased from 8 last month. The combined assets of merged credit unions are up nearly $342M compared to last month. However, for the month of January, the total merged assets… Read More
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 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
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
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
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
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
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
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
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
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
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
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