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ABA and ACB Announce Plans To Merge, CU Trades Must Be Vigilant

Two longtime credit union foes are joining forces in the most literal sense: the American Bankers Association and America's Community Bankers have announced merger plans.

By Sarah Snell Cooke | Updated on July 03, 2007

WASHINGTON — Two longtime credit union foes are joining forces in the most literal sense: the American Bankers Association and America’s Community Bankers have announced merger plans.

ACB will hold a member vote in October and, with approval, the merger should be completed in November. The new organization would retain the American Bankers Association name, but rename its Community Banker Council, America’s Community Bankers Council. Ed Yingling would remain in his current role of president/CEO of the ABA, while ACB President/CEO Diane Casey-Landry would become executive vice president/chief operating officer of the combined entity.

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