Growth Strategies

There were 70 CU mergers in the first six months of 2021, down one from last year at this point but continuing a decades-long trend.

Credit unions without a differentiated strategy will sooner or later be acquired.

Mergers of equals, and mergers of peers of larger-asset credit unions, appear to be taking hold.

See data on CU-bank acquisitions, annual merger rates, how many CU assets were merged away each year and more.

Successful CUs differ in size, location, FOM and charter, but tend to make the same five strategic moves.

ICBA says CU-bank buy deals have topped 100, but numbers from the FDIC, NCUA and CU Times databases reveal it's much lower.

The proposed acquisition of Home Savings Bank will expand Dupaco Community CU's market in the Badger State.

Texas Federal Credit Union members vote in favor of consolidating with Texas Trust.