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 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.
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