Nearly all the credit union's financial performance numbers available on the NCUA's website were below peer averages, including loan yield, investment yield, non-interest income and net margin, while cost of funds and operating expenses were higher than peers.

According to the credit union's website, GOFCU was first chartered in 1940 and converted to a community charter in 1982. It was located in sparsely populated Harney County, which according to the 2010 Census is home to 7,600 residents spread out over 10,000 square miles, making it the largest county in Oregon and the ninth largest in the U.S. It merged into the $1 billion SELCO Community Credit Union of Eugene, Ore.

The $34.2 million Alameda Credit Union of Alameda, Calif. also claimed it suffered from poor financial condition when it merged into the $1.7 billion Provident CU of Redwood City, Calif. However, ACU's numbers were comparably better than GOFCU's.

Net worth was 6.21% as of March 31, according to the 3,162-member credit union's financial performance reports, and had been in that range for some time. Delinquencies were higher than peer numbers but not wildly out of control, at 2.53% as of March 31. Despite higher than peer operating expenses, the credit union was earning an about average net margin and had robust non-interest income.

Other mergers of note included the $27.4 million Lutheran Credit Union of America of Brea, Calif. into the $256.5 million America's Christian Credit Union of Glendora, Calif.; the $17.5 million CWA Long Island FCU of Ronkonkoma, N.Y. into the $908 million Island FCU of Hauppauge, N.Y.; the $13.4 New York Metro FCU of New York, N.Y. into the $829 million USAlliance FCU of Rye, N.Y.; and the $15.5 million Veterans Administration Credit Union of Milwaukee, Wis. into the $1.9 billion Summit Credit Union of Madison, Wis.