Maryland's financial regulator and the FDIC have approved the purchase of Advance Mutual Savings Bank in Baltimore by Municipal Employees Credit Union of Baltimore.
Tennessee food maker workers credit union merges into California-based Western.
Pennsylvania credit union has been struggling, will merge into $3.2 billion New York institution.
The mergers of three small credit unions in Connecticut were finalized in October.
As credit union mergers increase, some CUSOs might be considering following that same path.
Michigan-based core processor buys Montana-based processing, draft, print mail and security services provider.
The NCUA approved 18 mergers across 14 states in September, bringing the total number of consolidations to 190 so far this year, according to the agency’s monthly Insurance Activity Report.
Agency says 190 so far this year among federally insured credit unions.
If you’re a small dog and you want to play with the big dogs, you may need to find a larger buddy.
A few years ago, I had the pleasure of being elected the president of the board of an arts organization in my home city of St. Louis. The group was mostly healthy but the economy was in the tank. We started soul searching. How were we different than any of...