NCUA Approves 27 Mergers in June 2015

Credit Union Merger Approvals June 2015

  For the second month in a row the number of mergers is up compared to last year.  The NCUA approved 27 mergers in June 2015 which is up from the 20 mergers in June of last year…. Read More

Credit Union Merger Approvals Up Slightly in March

The NCUA approved 12 mergers in March 2015 which is down from the 22 mergers in March of last year. The combined assets of the merged credit unions are $237 million.  The mean and median assets of merged… Read More

NCUA Approves 19 Mergers in December

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

Merger Approvals Peak Again in October

NCUA Merger Approvals October 2014

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

NCUA Approves 20 Mergers in September 2014

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

NCUA Approves 25 Mergers in July 2014

25 Mergers Approved 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.

New Trend? Credit Union Acquires Bank

Tallahassee-based First Commerce CU acquires First National Bank ($85M) of Crestview, FL….