CEO Advisory GroupNCUA Approves 25 Mergers in July 2014
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.
NCUA to Host Merger Webinar
The NCUA’s Office of Small Credit Union Initiatives will host a free webinar on mergers on Wednesday, September 17th, 2014.
New Trend? Credit Union Acquires Bank
Tallahassee-based First Commerce CU acquires First National Bank ($85M) of Crestview, FL….
Members Win
As the services a credit union offers expands, it grows member roots deeper into the culture and future of the organization.
Employees Win
The future of credit union jobs teem with growth through benefits such as increased total compensation and a new range of career advancement opportunities
The Community Wins
As a credit union’s potential expands, they have the ability to make a greater impact in the community.
