The NCUA approved only eight mergers in March.
That's the lowest number of consolidations approved in the month of March over the last 10 years, according to a review of the NCUA's Insurance Reports of Activity for the month of March since 2008.
In March 2015 and March 2011, the federal agency approved 12 and 11 mergers, respectively. But since March 2008 when 33 consolidations were approved, the number of mergers given the nod by the federal agency ranged from 18 to 34.
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