The slower pace of credit union mergers continues.
Seventeen consolidations were approved in February, down from 20 in February 2013 and 19 in February 2012, according to the latest NCUA Insurance Activity Report.
February's number of mergers, however, was higher than January's number of mergers when only 12 were approved by the NCUA. That number is down from the 17 mergers approved in January 2013 and 22 consolidations in January 2012.
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