As November comes to an end, a dozen merger deals were announced or completed in Georgia, Hawaii, Illinois, Iowa, Massachusetts, Nebraska, North Carolina, Ohio, Oregon, Pennsylvania, Virginia and Washington.
Read the latest in merger news and best practices in this Focus Report.
If the FHLB of Seattle merges into the FHLB of Des Moines, it would be the system's first voluntary merger.
The $38M Butte FCU in California merges with the N.C.-based Self Help FCU.
OSCUI specialists and a regional office analysts will advise credit unions on merger structure, negotiations and other topics.
The $348M Endura Financial FCU of Minneapolis will merge into the $628M Connexus CU in Wausau, Wis.
If approved by members and the NCUA, the deal will create the industry's largest corporate by member count.
Sean Jelen, president/CEO at Tobyhanna FCU says more is lost by indecision than a wrong decision.
The NCUA approved 32 mergers in April; 21 cited a desire to expand services.
Download this report to learn how mergers can produce operational efficiences, increase collaboration and grow revenues.