Integrations

The two Lima, Ohio-based CUs will combine to create a $44 million-asset institution.

Federal credit union regulators approved the merger late last year, and the two institutions are targeting a final closing date of June 11, 2018.

York County FCU and Atlantic FCU announce intent to merge. The announcement came on the heels of news that another CU's expansion into York County was granted.

The Wisconsin-based Marine CU, $759 million in assets, has acquired the tiny Bent River Community CU of Iowa, with just over $18 milllion in assets.

Utah-based America First CU is expanding into Arizona.

Portland FCU will convert to a state charter as part of the merger, and all employees of both institutions are expected to be retained.

Another tiny credit union is being absorbed by its much larger counterpart in the ongoing consolidation of the industry.

My Choice FCU had assets of just $1.5 million, compared to the $3.7 billion assets held by Tinker FCU.

Small Michigan CU will merge into BlueOx Credit Union of Battle Creek.

Citizens Community CU -- which entered conservatorship after a ten-fold rise in delinquent loans -- will merge with First Community of Jamestown, N.D. early next year.