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The industry was well positioned in terms of net worth before the pandemic and recession, but some institutions could run into issues with sluggish earnings and a surge in deposits.
June 12 -
The Odon, Ind.-based credit union would gain six branches by acquiring Community State Bank of Southwestern Indiana.
June 11 -
The merger between the two Corpus Christi, Texas-based institutions is expected to close this summer.
May 14 -
Suncoast Credit Union and Apollo Bank have called off their plans to merge.
May 12 -
C&NW Proviso, which has no website or online services, will gain a slate of new products and additional locations from the deal.
May 12 -
Members of West York Area School District Employees Federal Credit Union approved the merger into First Capital, and the deal is expected to close this summer.
May 8 -
Local 229 IBEW Federal Credit Union, which had less than $2 million in assets, has merged into White Rose Credit Union.
May 7 -
TruStone Financial and Firefly Credit Union have announced plans to merge, pending regulatory approval and charter changes.
May 5 -
The integration of Habersham Federal Credit Union into HALLCO Community Credit Union is expected to take several months.
May 1 -
Members of Maryland-based GEICO Federal Credit Union are set to vote on whether to merge into Illinois-based Baxter Credit Union.
April 29