The federal regulator approved just 17 mergers in November 2013, lower than previous months and the 23 approved in November 2012.
The $34.6 million Ace Community Credit Union in Ames, Iowa, intends to merge into the $389 million Community Choice Credit Union in Johnston, Iowa.
Credit unions that informed members and replaced cards early are reporting few to no losses.
Deal adds seven new shared branching locations in the state, including a location in Cedar Falls, home of the University of Northern Iowa.
Credit unions have been preparing to comply with several new mortgage rules that take effect Jan. 10.
CUNA attorney says credit unions will continue to make QM business decisions up to today's compliance deadline.
The $34.6M Ace Community CU of Ames will merge into the $389M Community Choice CU of Johnston pending member vote and regulator approval.
Processor says data shows two-year jump of 12% in average debit transaction.
Retired Iowa Credit Union League exec takes another interim job after serving as credit union volunteer.
This Opinion piece looks at using data analytics to increase card marketing effectiveness.