Consolidations

Columbus Metro Federal Credit Union members will have access to more products, including commercial loan services, and 14 branches with the merger.

Canoga Postal's merger plans mark the second consolidation in a month for institutions serving USPS employees.

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.

Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.

Coast 2 Coast Financial Credit Union has agreed to join the Florida-based Achieva, which previously acquired two community banks.

New analysis from CEO Advisory Group shows the asset size of merged institutions rising along with the number of mergers.

The deal, PenFed's second merger announcement with a significantly smaller credit union, would expand its footprint into the Midwest.

Infinity FCU sought out a merger partner after realizing that even at $338 million in assets it was too small to provide the technologies members wanted. It could be a harbinger of more deals among larger players.

If the deal is approved, the $6.4 million-asset credit union would drop its federal share insurance upon joining Towpath Credit Union.

A deal bringing Charleston County Teachers Federal Credit Union into the fold is South Carolina Federal’s third acquisition of 2020.