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
Posted on September 30, 2014 by Glenn Christensen
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Strategic planning season once again upon us. It is occasionally helpful to take a big step back from the annual planning cycle and truly contemplate the long term future of the credit union industry and the strategic implications… Read More
Category: Insights Tags: 2014, 2033, Asset Growth, Average Assets, Consolidation, credit union trends, Credit Union Wins, Credit unions, CU, CUNA, Economies of Scale, Economies of Scale; Risk Diversification; Geographic Expansion; Economies of Scope; Critical Mass, Financial Forecast, forecast, Growth, Merger, mergers, NCUA, outlook, prediction, predictions, Projections, The 4 Wins, trend
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