Posted on September 23, 2014 by Glenn Christensen
Leave a Comment
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
1 Comment
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
Leave a Comment
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….
Posted on July 15, 2014 by Glenn Christensen
1 Comment
As the services a credit union offers expands, it grows member roots deeper into the culture and future of the organization.
Posted on July 15, 2014 by Glenn Christensen
1 Comment
The future of credit union jobs teem with growth through benefits such as increased total compensation and a new range of career advancement opportunities
As a credit union’s potential expands, they have the ability to make a greater impact in the community.
More Together – more resources, services, branches, efficiency.
The great thing about credit union mergers is Everyone Wins!