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SHREWSBURY, N.J. — There is no denying the ongoing consolidation trend in the credit union industry, but is it a welcome or unwelcome trend for the future of credit unions?

Consolidation is most evident among natural person credit unions. In the first quarter of this year NCUA approved 62 credit union mergers. There has also been consolidation on the corporate network (four mergers currently pending), league and vendor levels.

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