Integrations

Members at Starcor Credit Union have approved the merger into St. Cloud Financial.

Having already recently absorbed Los Angeles-based Cedars-Sinai FCU, Credit Union of Southern California is now set to pick up tiny FedONE FCU.

There have been six of these transactions announced this year and more are likely as credit unions look for loan and deposit growth.

The two leagues expect to spend the rest of this year integrating the merger, which will become effective no later than Jan. 1.

Rising premiums and lengthy earn-back periods have made investors more skeptical than ever about M&A. So the sooner banks are able to convert systems and rebrand, the sooner they'll be able to meet the promised cost-cutting and revenue targets.

When M&T Bank was acquiring Wilmington Trust in 2011, it tapped into Abigail Mrozinski's deep understanding of its newly added wealth business to help the merger go smoothly.

The combined organization, representing nearly 500 member credit unions, is expected to launch early next year.

National Credit Union Administration regulations make it difficult for banks to buy credit unions, but one Texas bank may have found a partial way around that.

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

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

Among other accomplishments, Dresang engineered a merger that brought more than a dozen credit unions together to create Community First.

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

OnApproach was launched in 2005, while Trellance was launched just two years ago as a division of CSCU

M&A editor Paul Davis explores the practical and political implications of the proposed merger between BB&T and SunTrust.

The merged bank would set up an innovation and technology center in Charlotte as part of its bid to compete better against the largest institutions and fintech startups.

Members at Star Credit Union, which has just $32,000 in assets, have approved the proposed merger into Summit.

Volume was steady, but deal values would've been the lowest in years if not for one big, and very intriguing, transaction.

After a nearly $100,000 loss in 2018, $30 million-asset Alliance Blackstone Valley Federal Credit Union is set to merge into Rhode Island CU and its network of branches across the state.

The Lake Mary, Fla., credit union has agreed to buy Fidelity Bank of Florida, which the SBA designated as a certified lender in 2017.

The $1.9 billion-asset Schools Financial Credit Union has plans to merge into SchoolsFirst, which is already the largest credit union in California.