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CU executive strategizes for the future.

Credit unions have always bonded well with other credit unions. They share best practices, attend the same conferences, regularly read CU Times and even call themselves co-ops. Evidently, credit unions also like to merge. This year has been no different. According to NCUA reports, there were 43 consolidations in the first quarter of 2018.

During most instances, the decision to merge is a noble strategy to strengthen and expand membership for the joining credit unions. There are three primary reasons credit unions typically merge:

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