The NCUA approved only 11 mergers in April, the second lowest number of consolidations approved so far this year.

The 11 mergers was the lowest number of consolidations for the first month of the second quarter over the last nine years. In the last four Aprils, there were 20 mergers approved in 2016, 24 in 2015, 32 in 2014 and 22 in 2013.

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Credit Union Times

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