Consolidations

The two banks’ CEOs used a public hearing to argue their merger will be a boon for underserved markets. But other speakers warned that bank consolidation hurts communities.

Deutsche Bank and Commerzbank ended talks on a historic tie-up, throwing the future of the lenders into question after a series of failed turnaround plans.

Members of Bard Employees Federal Credit Union approved the merger into Baxter Credit Union earlier this month.

The proposed combination of Sharon Credit Union and Crescent Credit Union still needs approval from regulators and members.

Price Chopper Employees Federal Credit Union is the second institution to merge into the Latham, N.Y.-based Sunmark in recent months.

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The Delray Beach-based credit union entered into the deal as part of a broader expansion push along Florida's Treasure Coast.

Power Financial Credit Union's deal for TransCapital Bank marks the fourth time this year a bank has agreed to be sold to a credit union in the Sunshine State.

Incenta Federal Credit Union in Englewood, Ohio, will merge into Pathways Financial in Columbus next week.

The Tacoma, Wash.-based Sound touted the deal as the first time a credit union bought a bank in the state of Washington.

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Members of Credit Union South, which has lost money during the past five years, voted to approve the merger.

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European banks need to look beyond their home countries for mergers in order to tap the region's full economic power and become more competitive, JPMorgan Chase Chief Executive Jamie Dimon said.

Members of Cheshire County Federal Credit Union have approved the merger into the Gardner, Mass.-based GFA.

Soo Line Credit Union would merge into Central Minnesota Credit Union, creating an institution with more than $1.1 billion in assets.

Members of District 8 Highway Employees CU have approved a proposal to become part of Metro Credit Union.

A new initiative aims to help small credit unions survive and thrive, but a plethora of trends are working against them.

Members of NBC (NY) Employees Federal Credit Union have approved the merger into the Bloomfield, N.J.-based XCEL.

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