The NCUA approved only eight mergers in March.
That's the lowest number of consolidations approved in the month of March over the last 10 years, according to a review of the NCUA's Insurance Reports of Activity for the month of March since 2008.
In March 2015 and March 2011, the federal agency approved 12 and 11 mergers, respectively. But since March 2008 when 33 consolidations were approved, the number of mergers given the nod by the federal agency ranged from 18 to 34.
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.
