Growth Strategies

The controversial consolidation of Vermont State Employees CU with New England FCU will be finalized next year.

The NCUA approves 58 mergers, a substantial increase from the 35 in the second quarter and 41 in the first quarter.

Wings Financial says the acquisition will jump start its market presence in Wisconsin.

In one week, Vermont State Employees CU members will decide whether to consolidate with New England FCU.

The consolidation, which will create a five-state trade group, is set to take effect on Dec. 31.

Winston-Salem, N.C., credit union adding four locations south of the border.