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Credit union mergers. Credit union mergers. (Source: Shutterstock)

Mergers approved by the NCUA in the second quarter of 2019 totaled 32, slightly higher than the 29 mergers approved in the first quarter but substantially down compared to the second quarter consolidations over the last five years.

At the end of last year’s second quarter, the independent federal agency approved 47 consolidations, 51 in 2017, 47 in 2016, 72 in 2015 and 70 at the end of the second quarter in 2014.

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Peter Strozniak

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