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Discussions to combine Penobscot County Federal Credit Union and The County FCU began in June 2019 but the deal was not completed until the end of 2020.January 7
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The combined institution will hold roughly $30 million in assets and serve about 4,000 members.January 6
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A look back at a year in which little went according to plan for credit unions.December 28
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Columbus Metro Federal Credit Union members will have access to more products, including commercial loan services, and 14 branches with the merger.December 15
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Canoga Postal's merger plans mark the second consolidation in a month for institutions serving USPS employees.December 8
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Acquirers shelved plans to buy banks this year as the coronavirus became widespread, but a combination of factors could spur the confidence to restart those conversations in the months ahead.December 4
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Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.December 3
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Coast 2 Coast Financial Credit Union has agreed to join the Florida-based Achieva, which previously acquired two community banks.November 25
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New analysis from CEO Advisory Group shows the asset size of merged institutions rising along with the number of mergers.November 23
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The deal, PenFed's second merger announcement with a significantly smaller credit union, would expand its footprint into the Midwest.November 10
