MIDFLORIDA Credit Union completing conversion of six Tampa-area branches from Space Coast Credit Union, plans to merge the $50 million Bay Pines FCU.
Texas-based credit union's foundation seeks to help through four Colorado branches.
Vermont’s fourth largest credit union, the $346 million Vermont Federal Credit Union, may be charting new ground in dealing with the Occupy movement. It now has a Burlington activist on its board.
The so-called cleansing theory – that there are too many underperforming or heavily capitalized small or midsize credit unions that need to be merged by larger brethren – is coming in for fresh debate this summer.
Despite recent activity, the NCUA has said it is not in the business of pushing mergers in 2012. According to an agency spokesman, there is “an upsurge in mergers this year which is likely due to the ability of continuing credit unions to assume the responsibilities associated with mergers as...
The $620 million Michigan First Credit Union of Lathrop Village is enjoying a burst of new card business–700 applications a month–from a rewards program stressing statewide tourism and patronage of local businesses.
The $317 million Heritage Family Credit Union of Rutland, Vt. has merged the ailing $16 million Central Vermont Public Service Employees Credit Union.
The WCLA Credit Union in Olympia, Wash., was operating with boarded up windows Friday, victim of vandals who spray painted graffiti on its building.
Two of four steps completed in bid for Massachusetts credit union to buy New Hampshire bank.
Granite City credit union seeks to expand into more Illinois counties.