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
Category: Blog, Industry News Tags: 2014, acquisition, credit union, credit union merger, credit union mergers, Credit Union Mergers 2014, financial performance, Merger, Merger News, NCUA Merger Approvals, stats
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
Category: Blog, Industry News Tags: acquistion, credit union, credit union merger, Credit Union Mergers 2014, CU, FCU, Industry News, M&A, Merger, Merger & Acquisitions, merger approvals, NCUA
Posted on November 28, 2014 by Glenn Christensen
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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
Category: Blog, Industry News Tags: American Heritage Credit Union, American Nickeloid Employees Credit Union, Anheuser-Busch Employees Credit Union, Augusta Metro Credit Union, Bayport Credit Union, City Credit Union, Connex Credit Union, credit union, Credit Union Mergers 2014, Credit Union of Southern California, Credit unions, CU, Directions Credit Union, Fire Star Credit Union, Firefighters Community CU, Georgia's Own Credit Union, Horizon CU, Houston Credit Union, Industry News, Land of Lincoln Credit Union, Merger, Merger News, mergers, Michigan First Credit Union, Monroe County Community Credit Union, Mountain America CU, PCM Credit Union, Peidmont Advantage Credit Union, Red River Employees Credit Union, Southeastern Credit Union, St. Agnes Credit Union, Tennessee Valley Credit Union, UFCU, United Community Credit Union, Washington Gas Light Credit Union
Community wins in First West Credit Union’s and Island Savings’ recent announcement of intention to establish endowment in conjunction with their proposed merger.
Category: Blog, Industry News Tags: community wins, credit union merger, credit union mergers, Credit Union Mergers 2014, Endowment, First West Credit Union, First West Foundation, Foundation, Gulf Island, Island Savings, Island Savings Community Endowment, mergers, Partnership Model, Vancouver Island
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
Category: Blog, Industry News Tags: Alliant Credit Union, Belco Community Credit Union, Bowater Employees Credit Union, Community Star Credit Union, Corporate America Family Credit Union, Credit Union Mergers 2014, Credit Union of New Jersey, Erie Credit Union, Glacier Hills Credit Union, Great Lakes Credit Union, Hawaii Central Credit Union, Inova Credit Union, ISU Credit Union, Kearney Credit Union, Lafayette Schools Credit Union, Luso-American Credit Union, Members Credit Union, MembersFirst Credit Union, Merger, Merger News, mergers, Navy Federal Credit Union, NCUA, NCUA Approved Mergers, Nupath Community Credit Union, Self-Help Credit Union
Posted on September 23, 2014 by Glenn Christensen
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Just as last month the NCUA approved twenty-five (25) mergers in August 2014. However, the asset-size of mergers in August was much smaller. Combined the total assets of the credit unions was $236 million, which is less than a quarter of the assets merged in July. The mean and median assets were $9.5 million and $3.8 million, respectively….
Category: Blog, Industry News Tags: Affinia CU, Alabama State Employees CU, Bailey Controls CU, Bay CU, Best Reward CU, Cardinal CU, Community First CU, Cove CU, Fiberlas CU, First Capital CU, First Kingsport CU, First Point CU, Foothills CU, Generations Community CU, Heartland CU, International Harvester Employees CU, Jefferson County CU, Kelly Community CU, Land of Lincoln CU, Mountain Laurel CU, Nebraska State Employees CU, New Jersey Bureau of Parole Empl CU, Norsco CU, Oshkosh Central CU, Partnership financial CU, Peirce CU, Pelican State CU, Reliance CU, Sandia Area CU, St. Joseph Cold Spring CU, Team Financial CU, Trumark Financial CU, U.P. Connection CU, West York Area School Dist Empl CU, Wittenberg University
Posted on September 3, 2014 by Glenn Christensen
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Two credit unions with assets exceeding $300 million (Endura Financial CU & State Employees CU) were among the 25 credit union mergers approved by the NCUA in July 2014. The merged credit unions represented over $1 Billion in assets. Three-quarters of the credit unions sited expanded services as the reason for growth.
Category: Blog, Industry News Tags: Advia, Aloha, Alton & Southern Railroad Employees, American Meter Employees, Ameritas Employees, Bethel Community, Boulder Municipal Employees, California Community, Carus Employees, Catholic & Community, Central Minnesota, Central Washington, Community Financial, Connexus, credit union, Credit Union of Southern California, Credit unions, CU, EDCO Community, Endura Financial, FCU, Financial Plus, First Florida, GESA, Greater Institutional A.M.E. Church, Greater West Haven, Greenleaf Employee, Hawaii USA, IBW Employees, Industry News, Interstate, Marine, Meadville Area, Membersown, Merger, Merger News, mergers, Mobility, Moorhead Teachers, Mountain Laurel, Nail Workers, NCUA, NE PA Community, Paducah City Employees, Piney Grove Community, River City Community, Robins, Sherwin Williams Employees, Signet, Southland, Southwest Michigan, State Employees, TCC, Tri State Rail, US Alliance, Wacopse, Western Valley, Westside Employees, Wright-Patt
Posted on September 2, 2014 by Glenn Christensen
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The NCUA’s Office of Small Credit Union Initiatives will host a free webinar on mergers on Wednesday, September 17th, 2014.
Tallahassee-based First Commerce CU acquires First National Bank ($85M) of Crestview, FL….
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