Merger and acquisition business strategy.
One of the clearest trends in U.S. credit unions today is organization consolidation. CUNA Mutual Group's most recent Credit Union Trends Report commented on this trend with the following, "As of April 2018, CUNA estimates 5,724 credit unions were in operation, three fewer than March (2018). During the first four months of 2018, approximately 76 credit unions ceased to exist because of mergers, purchase and assumptions, or liquidation. This rate is slightly faster than the 65 reported during a similar time period in 2017. Expect the annual decline in the number of credit unions to be about 250 per year over the next two years as competitive pressures rise on smaller institutions."
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
© 2025 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.
