Despite recent activity, the NCUA has said it is not in the business of pushing mergers in 2012. According to an agency spokesman, there is “an upsurge in mergers this year which is likely due to the ability of continuing credit unions to assume the responsibilities associated with mergers as...
Tuesday order did not catch merger partner unaware, Educational Systems president/CEO says.
Maryland credit union in process of merging with Educational Systems FCU.
Educational Systems and Montgomery County Teachers similar in size, have long geographic, people ties.
Merger would create $750 million credit union, the state's seventh largest.