ALEXANDRIA, Va. – NCUA has approved the merger of the $4.5 billion Empire Corporate and the $6.4 billion Mid-States Corporate. This is one of a number of large corporate mergers in the corporate network. Just recently, the $10 billion Southwest Corporate announced plans to merge with the $4 billion Southeast Corporate. There is also a merger in the works between the $26 billion WesCorp and the $900 million VolCorp, but it is facing regulatory problems on the state level in Tennessee. Empire’s members will vote on the merger next month. If approved, the merger is expected to be completed by June. The new corporate’s name will be Members United Corporate Federal Credit Union.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.