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NCUA Approves 43 Consolidations in 2018’s First Quarter

Two larger consolidation deals are in the works in Michigan and Wisconsin.

Dozens of CU consolidations/mergers early in 2018.

The NCUA approved 14 mergers in March bringing 2018’s first quarter total consolidations to 43, down only one from the 44 mergers approved by the federal agency at the end of last year’s first quarter.

While all of the 14 credit unions were small, managing assets well under $50 million, two recently announced larger deals are in the works in Michigan and Wisconsin.

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