credit union mergers

• Greater Norwalk Area Credit Union Merges into NEA Federal Credit Union

  By Peter Strozniak  |  January 9, 2013

  Consolidation creates $93 million credit union based in Bardonia, N.Y.

• Poor Financial Condition, Lack of Growth Drive Troubled Mergers

  By Heather Anderson  |  January 3, 2013

  NCUA approves 23 mergers in latest insurance fund activity report. Three were because of financial condition; three from lack of growth or sponsor support.

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  AgFirst Federal Credit Union Merges into Carolina Collegiate Federal Credit Union

  By Peter Strozniak  |  January 2, 2013

  Columbia, S.C., consolidation results in $86 million institution.

• Garden Savings Merging Morristown FCU in New Jersey Consolidation

  By Marc Rapport  |  December 26, 2012

  Combined credit union will have about $275 million in assets and more than 21,000 members.

• Texas Twosome: Air Force FCU Takes in Tiny Peoples Choice in San Antonio Merger

  By Peter Strozniak  |  December 21, 2012

  The $915,704 Peoples Choice of San Antonio FCU has merged into the $350 million Air Force Federal Credit Union, also in San Antonio.

• Firefighters Community CU Completing Second Cleveland Conversion in Two Months

  By Marc Rapport  |  December 20, 2012

  This time, $194 million CU is taking in $220,000 church credit union on city's east side while seeking additional opportunities to spread services.

• Five Mergers in Five States On Track or Completed

  By Peter Strozniak  |  December 17, 2012

  Small credit unions in Florida, New York, New Hampshire, Minnesota and Hawaii in mergers with larger credit unions as the new year nears.

• Niagara County Merger in New York

  By Peter Strozniak  |  December 14, 2012

  The $47 million Niagara County’s Federal Credit Union in Lockport, N.Y., has merged into the $77 million Niagara’s Choice Federal Credit in Niagara, N.Y.

• Regulators Approve Credit Union Mergers in California and Hawaii

  By Peter Strozniak  |  December 12, 2012

  Valley First acquires State Center in Fresno; Aloha Pacific completes fifth merger in five years.

• Mission FCU Merges San Diego JACL FCU

  By Marc Rapport  |  December 11, 2012

  The $2.3 billion Mission FCU has merged the $638,000 San Diego Japanese American Citizens League Federal Credit Union.