Search
Copyright © 2025 ALM Global, LLC. All Rights Reserved.
NCUA headquarters. Credit/NCUAThe NCUA approved 41 mergers during the fourth quarter of 2024, bringing the total number of last year’s consolidations to 162, up from the 145 approved consolidations in 2023, but lower than the 181 credit unions that got the green light to merge in 2022.
Twenty-seven consolidations were approved for expanded services. Among the six credit unions that were merged because of poor financial condition, Electro Savings Credit Union and Vocality Community Credit Union lost millions over the last three years, according to NCUA financial performance reports.
NOT FOR REPRINT
© 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.
Report
Sponsored by Velera
The Psychology of Payments: Understanding Your Member's Mindset To Achieve Long-term Growth
Members make payment decisions based on more than just convenience--psychological factors play a crucial role. Learn how to align your credit union’s strategies with member mindsets to enhance engagement, encourage loyalty, and drive sustainable growth. Discover key insights from new research that can help you connect with members in more meaningful ways.
Playbook
Sponsored by Alkami
The 2025 Digital Banking Playbook
The future of banking demands more than innovation--it requires actionable strategies. This 2025 playbook outlines 3 key strategies your credit union must adopt to thrive.
White Paper
Sponsored by Elan Credit Card
Optimizing Your Credit Card Rewards Program
Struggling to find the balance between an appealing credit card rewards program and the cost of managing it? These consumer trends and industry perspectives will help guide your credit union to building a viable program in 2025.
Copyright © 2025 ALM Global, LLC. All Rights Reserved.
Sign In
Sign In
