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Credit union executives will find the latest information concerning credit union mergers and acquisitions, lending trends and revenue growth.
If approved by members, the combined organization would manage $3.9 billion in assets, $2 billion in loans, and serve more than 178,000 members.
But a strong plus comes with a few minuses — like a consolidation by Self-Help CU in Columbia, S.C.
Educational Systems FCU welcomes in Howard University Employees FCU.
The acquisition of Mountain America branches will close sometime in early 2025.
New organization serves to be a resource for credit unions and industry professionals to support tribal communities through collaborative efforts.
Formed in July 2024, the CUSO provides additional insurance and other services for large-dollar depositors.
If approved, the merger will result in a $165 million credit union.
The two organizations will formally join together on Jan. 1, 2025.
Credit union plans to add three new branches over the next year, including one opening in December.
The combined financial cooperative would manage a projected $965 million in assets and serve more than 70,000 members.