Nine of the approved mergers will allow credit unions to expand services to members. One credit union received the green light to merge because of its inability to attract a new CEO, and consolidations for two credit unions were approved because of poor financial condition, according to the NCUA report.

The $10.7 million, Local #170 Teamsters Federal Credit Union in Worcester, Mass., was one of the two credit unions that received approval to merge because of poor financial condition.

The 1,260-member credit union's total loans dropped from $4.3 million in 2009 to $3.3 million in 2013, while its loan income fell from $292,567 to $206,231 in the same years, according to NCUA financial performance reports.

Moreover, Local #170 Teamsters FCU posted a total net income loss of more than $987,000 over the last five years, NCUA financial performance reports show.

The credit union is expected to merge with the $48 million, 6,515-member New England Teamsters Federal Credit Union in Arlington, Mass.

The $6 million, 849-member Keystone First Federal Credit Union of Hazelton, Pa. also claimed poor financial condition to receive its NCUA approval to consolidate with the $117 million, 8,538-member PPL Gold Credit Union in Allentown, Pa.

Nearly all of Keystone First FCU's financial performance numbers available on the NCUA's website were below peer averages, including return on average assets, loan yield, investment yield, non-interest income and net margin. Though its operating expenses were higher than peer averages, its cost of funds was lower than peers.

With only $404,000 in assets and 137 members, R.C.S. Federal Credit Union in Randolph, N.Y., was unable find anyone to become its manager and received the NCUA's nod to consolidate with $41 million Jamestown Area Community Federal Credit Union in Jamestown, N.Y., which serves more than 6,000 members.

The other NCUA approved mergers were: the $746,146 Wiremold Federal Credit Union of West Hartford, Conn., with the $80 million Hartford Federal Credit Union in Hartford, Conn.; the $2.9 million Trenary Cooperative Federal Credit Union in Trenary, Mich., with the $27.6 million Munising Community Credit Union in Munising, Mich.; the $6.3 million Chob Federal Credit Union in Buffalo, N.Y. into the $5.9 million Kaleida Health Federal Credit Union of Buffalo, N.Y.; the $10.8 million Newton Municipal Credit Union in Newton Center, Mass., into the $1.2 billion Metro Credit Union in Chelsea, Mass.; the $2.4 million Rutland City Teach & Municipal Employees Credit Union in Rutland, Vt., into the $21.3 million Green Mountain Credit Union in South Burlington, Vt.; the $16.8 million Pensacola Credit Union in Pensacola, Fla., into the $45.7 million Pensacola Government Credit Union in Pensacola, Fla.; the $3.1 million Miller County Teachers Credit Union in Texarkana, Ark., into the $104 million Mil-Way Credit Union in Texarkana, Ark.; the $3.8 million United Methodist Ministries Credit Union in Bloomington, Ill., into the $188 million Land of Lincoln Credit Union in Decatur, Ill., and the $47 million Boise U.S. Employees Federal Credit Union in Boise, Idaho into the $163 million Icon Credit Union in Boise, Idaho.