During the first quarter of the year, the NCUA approved 54 mergers across 30 states, a significantly higher number than the 41 mergers approved in Q1 2015.

What’s more, the NCUA’s final number of completed mergers in 2015 totaled 235. That tally was considerably lower than the 257 completed mergers in 2014, the 254 completed consolidations in 2013, and the 277 completed consolidations in 2012. In 2011, there were 238 completed mergers and in 2010, 197 consolidations were consummated.

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Peter Strozniak


Credit Union Times

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