mergers

• TheoDavies FCU Disappears Into Hawaii Central FCU

  By Peter Strozniak  |  April 5, 2013

  After years of losses, the $9.4 million TheoDavies FCU merged this week with the $156 million Hawaii Central FCU, the Honolulu credit unions said.

• Cornerstone of Change: Texas, Arkansas, Oklahoma League Merger Seen As Inevitable

  By Peter Strozniak  |  April 5, 2013

  Texas credit union CEO said he felt it in the air. Two smaller states set to vote next.

• CenCorp Members Approve Merger With Alloya

  By Heather Anderson  |  April 4, 2013

  Illinois-based Alloya to maintain suburban Detroit office of CenCorp after merger closes on April 30.

• Texas League Agrees to Join With Arkansas, Oklahoma

  By Peter Strozniak  |  April 3, 2013

  Lone Star credit unions approve merger Wednesday. Arkansas, Oklahoma league votes coming up next.

• Mass. Merger: Hanscom FCU Takes in North Shore Manufacturers FCU

  By Peter Strozniak  |  April 3, 2013

  The $5 million NSMFCU had lost money three of the past four years.

• South Carolina Credit Unions Merge

  By Peter Strozniak  |  April 3, 2013

  1st Patriots folded into ArrowPointe after four years of losses, 58 years of service.

• April Springs New Credit Union Mergers in Ohio, Wisconsin

  By Peter Strozniak  |  April 2, 2013

  Consolidations include second for Heritage in less than a year and first for Powerco since it was created in triple merger last year.

• Vantria FCU to Merge into Apple FCU in Early May

  By Peter Strozniak  |  April 2, 2013

  Virginia consolidation to combine $72 million Springfield credit union into $1.7 billion suburban Washington institution.

• Lake Trust Planning New Headquarters in Michigan

  By Peter Strozniak  |  March 28, 2013

  New facility will consolidate corporate offices in Lansing and suburban Detroit following 2010 merger.

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  Indiana Merger: Financial Center Takes In Horizon One

  By Peter Strozniak  |  March 25, 2013

  Consolidation to create $492 million, 57,000-member Indianapolis institution.