The yearend buzz on credit union mergers presages a bumper year in 2011 but one leading Oregon consultant, Merger Solutions Group, said that the volume in both numbers and size is dramatically down in 2010.
The dropoff underscores what the Forest Grove firm found is a five-year trend of slowing consolidation, said its president J. David Bartoo.
"The total asset volume of credit union mergers is down by 24% from a year ago and the actual numbers by 19%," he said. "Even the average size is down year over year and this is the first time that has occurred in a decade."
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