Growth Strategies

Deal with Fred Meyer chain follows a major field of membership expansion in June.

The expansion comes with a new name and statewide membership.

The Winston-Salem credit union will acquire WJC Federal Credit Union in the state's southwest.

The Madison, Wis.-based organization announces its second major acquisition in less than a month.

Consolidations are substantially down from last year's third quarter; in the fourth quarter so far, four CUs complete mergers.

Favorable industry conditions, a well-traveled regulatory path and proven member focus will give CUs an advantage in the space.