Since 2012, 10 credit unions have purchased 11 banks. And in 2016, two new deals were announced and one acquisition was completed.

What’s more, three additional deals are in the making and could be announced in the near future, according to Michael M. Bell, a Royal Oak, Mich.-based attorney, who has been involved in 10 of the credit union bank acquisition deals.

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Peter Strozniak

Credit Union Times

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