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
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
The recession of the last two years has been a wake-up call for the credit union industry. Despite the continuing troubling signs in the economy and for individual credit unions’ financial performance, credit union boards and management keep… Read More
Category: Insights Tags: acquiree, Board, credit union, credit union directors, Credit Union Mergers 2014, CUES Article, financial troubled, Insights, Member, Mergee, Merger, Volunteer
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