The NCUA approved 19 mergers in December, bringing 2014's total number of consolidations to 262, which was considerably higher than the 243 mergers in 2013 and slightly higher than the 258 consolidations in 2012.
Mergers active in Kansas, Louisiana, Ohio, Michigan and Texas.
See what your credit union peers have planned to boost loan volume in the fourth quarter.
The $1.3 billion Gesa Credit Union in Richland, Wash., is now offering its 118,300 members a person-to-person payment option.
LAKE BUENA VISTA, Fla. — In 2010, nine credit unions began talking about how to launch a CUSO that could help them all lower compliance costs.
After launching investment services five years ago, the $1.2B Gesa has $44M in assets under management.
Credit unions that informed members and replaced cards early are reporting few to no losses.
Facilities expected to open early next year in Pasco and Richland, Wash.
Lethlean resignation effective July 5. Don Miller, chief sales officer, named interim CEO at Richland, Wash., credit union.
$25 million credit union in Kennewick, Wash., touts launching mobile tools ahead of its big brethren.