The slower pace of credit union mergers continues.
Seventeen consolidations were approved in February, down from 20 in February 2013 and 19 in February 2012, according to the latest NCUA Insurance Activity Report.
February's number of mergers, however, was higher than January's number of mergers when only 12 were approved by the NCUA. That number is down from the 17 mergers approved in January 2013 and 22 consolidations in January 2012.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
