The $4.8 billion America First Federal Credit Union, Utah's largest, has taken over the $50 million Mountain High FCU of Provo, Utah, in an NCUA supervisory merger.

Last week the score on deposit insurance coverage was even. One for the NCUA and one for American Share Insurance.

Utah, a late bloomer on foreclosure and delinquency filings, has apparently become the latest sand state, the head of the Utah League of Credit Unions said Wednesday.

For the time being, credit union concerns in Virginia and elsewhere over companion bills in the state Senate and House enabling banks to buy and merge credit unions have eased following committee action leading to likely passage.

In a follow up to the "Move Your Money" campaign of New York pundit Arianna Huffington, New Mexico lawmakers may give credit unions and community banks a big boost when it comes to the deposit of public funds.

The $914 million University of Iowa Community Credit Union, the state's second largest, is making its mark this month in further field of membership expansion by merging with the $46 million Best of Iowa Community CU of Hiawatha.

Michigan regulators have two merger applications pending this month, one being the largest in years, a $1.4 billion consolidation of NuUnion CU of Lansing and Detroit Edison CU of Plymouth and the other a regional compact involving a troubled Detroit CU.

Fulfilling a five-year commitment, the Credit Union Association of New Mexico said this week it has now raised $1 million to build a pediatric emergency unit for the University of New Mexico Children's Hospital in Albuquerque.