NCUA official seal. Credit/NCUA
The NCUA approved 26 mergers during the first quarter of 2024, down from the 32 and 48 first quarter consolidations in 2023 and 2022, respectively.
Twenty-two mergers got the green light for expanded services, two for inability to obtain officials, one for poor financial condition and one for poor management, according to the federal agency's Q1 Merger Activity and Insurance Report released Monday.
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