LAKE BUENA VISTA, Fla. — Gaming, solar projects and small business lending are promising niches.
Sollievo offers risk monitoring, information security services, business continuity and training/consulting services.
Second half of 2013 saw spike driven by jump in China and global diversification of targets, APWG says.
Seventeen consolidations were approved in February, down from 20 in February 2013 and 19 in February 2012.
The NCUA liquidated the $14 million Mayfair Federal Credit Union in Philadelphia on March 31.
Hints about future regulations on payday lending from CFPB indicate the rules could effectively shut down alternatives at credit unions.
CEO moves top list of credit union people news this week.
The CFPB hasn't officially said it is writing new rules, but Director Richard Cordray hinted new regs are underway in a recent payday lending report.
Mayfair FCU had been in NCUA conservatorship since last year. The regulator couldn't right the ship in time, and pulled the plug on Monday.
Grace F. Meighen, 94, founder, manager and board member of the $60 million Washington FCU in Washington, Pa., died on March 18.