The trend toward state league consolidation picked up new momentum Tuesday with plans by the Credit Union Associations of Colorado and Wyoming to pursue a formal merger ending a 12 year old management compact in which Wyoming CUs were served out of the Colorado group's Denver offices.

Officials of the two trade groups said the planned merger and formation of a new organization, yet to be named, reflects ongoing moves by CUs to pare budget expense and achieve "economies of scale" during a period of trade consolidation across the industry.

Last month, the Florida and Alabama Leagues formally constituted the regionally-focused League of Southeastern Credit Unions set to begin full scale operations by year-end.

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