NCUA official seal NCUA official seal. (Source: NCUA)

The NCUA approved 35 mergers in the second quarter, down from 41 consolidations in the first quarter, according to the federal agency’s Q2 Merger Activity and Insurance Report released this week.

This year’s second quarter mergers were lower compared to the 41 consolidations approved by the NCUA during 2021’s second quarter, but higher than the 25 mergers approved in the second quarter of 2020.

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Peter Strozniak

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