TrustUS FCU and Texas Trust CU plan to consolidate in September.
An exec with competitor NCR says the potential deal would only create confusion for customers.
One league CEO predicts 2015 could bring the first non-contiguous state league merger.
An almost merger of equals between $65M and $150M credit unions is among the planned consolidations.
Oregon’s St. Helens Community Federal Credit Union is now facing a recall of five of its directors to be heard after the Labor Day weekend.
In a change of heart, Maryland’s $388 million Educational Systems Federal Credit Union is putting to rest the idea of a merger conversion fee to help defray expenses in its takeover of the once-ailing $401 million Montgomery County Teachers FCU of Derwood, Md.
Educational Systems FCU and Montgomery County Teachers FCU combine assets.
Two New Hampshire credit unions, the $720 million Northeast Credit Union of Portsmouth and the $112 million Woodlands CU of Berlin, announced last week they intend to merge by year end.
Jane Pannier, CEO of the $75 million REALTORS Federal Credit Union, will take a position as senior vice president at NeighborBench, a cloud-based platform that connects credit unions with a team of compliance experts, on Aug 1.