mergers and acquisitions Source: Shutterstock

The NCUA approved 58 mergers in the third quarter, according to the federal agency’s Q3 Merger Activity and Insurance Report released Monday. This quarter’s number of mergers approved was considerably higher when compared to the 43 consolidations during 2021’s third quarter and 34 during the same quarter in 2020.

In the first three quarters of 2022, 134 consolidations have been approved by the federal agency, compared to 117 last year and 93 in 2020.


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Peter Strozniak

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