X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.

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 TreasuryandRisk.com and Law.com.

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

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.