Consolidations

Portland’s Legacy FCU, Consolidated Community to merge

02/09/21

The combined institution will hold assets of more than $335 million and serve over 20,000 members across eight counties in Oregon.

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Pandemic drives small Scranton credit union to merge

02/01/21

After rising losses in 2020, First Credit Union of Scranton is seeking members' approval to merge into Penn East FCU.

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Maine credit unions wrap up 18-month merger process

01/07/21

Discussions to combine Penobscot County Federal Credit Union and The County FCU began in June 2019 but the deal was not completed until the end of 2020.

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Small credit unions in Muncie, Ind., plan merger

01/06/21

The combined institution will hold roughly $30 million in assets and serve about 4,000 members.

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2020 in review, from COVID upheaval to the taxi medallion mess

12/28/20

A look back at a year in which little went according to plan for credit unions.

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Merger bolsters Telhio’s presence in Columbus

12/15/20

Columbus Metro Federal Credit Union members will have access to more products, including commercial loan services, and 14 branches with the merger.

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Tiny postal credit union to merge into Gain FCU

12/08/20

Canoga Postal's merger plans mark the second consolidation in a month for institutions serving USPS employees.

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Credit union-bank deals could pick up as pandemic recedes

12/04/20

Acquirers shelved plans to buy banks this year as the coronavirus became widespread but a combination of factors in the months ahead could spur the confidence to restart those conversations.

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