The NCUA approved 46 mergers by the end of the second quarter, down from 54 mergers approved by the federal agency in the first quarter of 2016.

The second quarter consolidations are substantially less than previous second quarters. In the second quarter of 2015, the NCUA approved 72 mergers, 70 in 2014 and 62 in 2013.

Peter Strozniak


Credit Union Times

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