Consolidations

Largest state-chartered credit union in Mass. to grow via merger

12/03/20

Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.

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Achieva Credit Union lands fourth merger in 10 years

11/25/20

Coast 2 Coast Financial Credit Union has agreed to join the Florida-based Achieva, which previously acquired two community banks.

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Credit union mergers accelerated in Q3: Report

11/23/20

New analysis from CEO Advisory Group shows the asset size of merged institutions rising along with the number of mergers.

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Merger would expand PenFed's reach to Wisconsin

11/10/20

The deal, PenFed's second merger announcement with a significantly smaller credit union, would expand its footprint into the Midwest.

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Maine-Illinois credit union merger could foreshadow a trend

11/06/20

Infinity FCU sought out a merger partner after realizing that even at $338 million in assets it was too small to provide the technologies members wanted. It could be a harbinger of more deals among larger players.

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Akron Municipal seeks members' OK for merger, private deposit insurance

11/05/20

If the deal is approved, the $6.4 million-asset credit union would drop its federal share insurance upon joining Towpath Credit Union.

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SC Federal’s merger wave continues

11/03/20

A deal bringing Charleston County Teachers Federal Credit Union into the fold is South Carolina Federal’s third acquisition of 2020.

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Two Ohio credit unions set to merge by end of October

10/26/20

Members of First Choice Community Credit Union will have access to mobile banking and other products once the institution becomes part of Credit Union of Ohio.

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Volunteer recruitment struggles push small Pa. credit union to merge

10/21/20

State College FCU is seeking member approval to fold into Horizon CU, citing ongoing challenges finding members to serve on its board of directors and supervisory committee.

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Pike Teachers in Alabama to merge into Guardian Credit Union

10/20/20

The combined institution will serve almost 75,000 members with nearly $660 million in assets.

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