The Delaware Credit Union League board of directors said Thursday it intends to merge with the Marlborough, Mass.-based Cooperative Credit Union Association.
Both trade organizations have been discussing the consolidation for many months, according to a statement released by the Cooperative association.
The Delaware league, one of the smallest independent trade organizations in the nation with about 20 credit unions, has seen its revenues decline over the last few years. Industry consolidation trends have forced other small state leagues to merge in recent years.
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.
