Consolidations

Ball State FCU has announced plans to merge into Financial Center First CU following losses tied to high charge-offs, particularly in the used car area.

The Biloxi, Miss.-based institution has been adding branches and entering markets and now has absorbed Mississippi Farm Bureau Employees Credit Union.

San Francisco Bay Area Educators Credit Union became part of San Francisco Federal Credit Union earlier this month.

Tony Aylsworth, chief risk officer, is taking over as president so CEO David Milligan can concentrate on acquisitions.

When small banks leave the community, it makes sense for credit unions to fill the void.

When small banks leave the community, it makes sense for credit unions to fill the void.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

If regional banks really want to compete against behemoths and nonbank entrants they need to emphasize products over M&A.

Chesterfield's proposed merger into Virginia Credit Union is expected to be completed in early 2020.

Three Rivers Credit Union in Bainbridge, Ga., and DOCO Credit Union in Albany, Ga., are expected to operate independently once the transactions are completed.

Arkansas Democrat-Gazette FCU, originally chartered to serve newspaper employees, has received regulatory approval to merge into a larger institution.

The tiny Monarch Federal Credit Union joined Firefighters & Company FCU in order to offer its 1,000 members a wider range of products.

The deal was announced in August and would have created a $1.3 billion-asset institution.

Readers react to whether the next presidential debate will discuss banking, how California's financial policies are bleeding into other blue states, suggested reforms to the Community Reinvestment Act and more.

Hawaii Pacific Federal Credit Union merged into the Honolulu-based institution last week.

Once the Pennsylvania Credit Union Association and the New Jersey Credit Union League complete their merger, the group will go by CrossState Credit Union Association.

The merger of Bi-County PTC Federal Credit Union into BlueOx is expected to be completed on Jan. 1.

Chairman Rodney Hood has pledged to put forth a rule on CU-bank purchases before the end of the year. It's likely to lead to another clash with bankers.

A deal to join the Illinois- and Maine-based institutions was called off because of differences that came up during the due diligence process.