Name reflects credit union's ability to provide advantages via innovative financial solutions.
The NCUA approved 18 mergers across 14 states in September, bringing the total number of consolidations to 190 so far this year, according to the agency’s monthly Insurance Activity Report.
Agency says 190 so far this year among federally insured credit unions.
The $704 million First Community FCU and $278 million E & A Credit Union announce board approval for consolidation.
Too many merging credit unions disregard credit and debit card portfolios in their merger negotiations and preparations and this can result in needless expense and member problems, according to credit union and CUSO executives.
In the end it wasn’t any one thing that led the Inspire Community Development Federal Credit Union to look for a merger partner. It was the impact of many smaller things.
Promotions, hirings, retirements.
The week prior to the official Bank Transfer Day, credit unions were busy encouraging consumers to take action.
This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
First American Credit Union, Beloit, Wis., was one of 16 area businesses that participated in the second annual Reality Store, sponsored by the Greater Beloit Economic Development Corp.