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The regulatory pileup and heavy compliance burden is triggering a fresh look at mergers among small and medium-size credit unions, said the CEO of a Texas credit union that plans to be consolidated into Texas Dow Employees CU.

Speaking out as his struggling $60 million Pasadena, Texas CU agrees to a merger plan. Courtland Crochet, head of San Jacinto Area CU, said he was surprised at how many of his peers have put merger consideration on a front burner, something that was not the case four to five years ago.

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