Integrations

Hampton Roads Catholic Federal Credit Union had $5.3 million in assets and about 1,000 members before it merged with ABNB earlier this month.

Community 1st Credit Union now has roughly $150 million in assets and more than 12,000 members after absorbing Generations Credit Union.

At $3.3 billion in assets, the combined organization would be the second-largest CU in Washington state.

Delmar Owens Corning Fiberglass Federal Credit Union had less than $1 million in assets and about 130 members when it merged into Sunmark.

His knack for public policy, dedication to technological improvements once considered the province of big banks, and willingness to tear up a business model that he and his father built make him our top Best in Banking honoree.

Kekaha CU will keep its brand identity following the merger, operating as "a division of Aloha Pacific Federal Credit Union."

At one time 27 CUs served the store’s employees, and the closure of the last one is a microcosm of the issues plaguing many single-SEG credit unions.

The California company will pay $280 million for Leerink Holdings, which focuses on health care and life science firms.

The $20 million-asset Stephens-Franklin Teachers Credit Union will merge into Peach State later this week.

OceanFirst Financial's acquisition of Capital Bank of New Jersey would strengthen its presence in the southern part of the state and Philadelphia.

With desirable merger partners hard to find, some credit unions are starting to look well beyond their home base.

Ballinger National Bank would be renamed Keystone Bank and its headquarters would move to an Austin suburb.

Queen of Peace Arlington Federal Credit Union had just $2.6 million in assets and one employee prior to the merger.

McCone County Federal Credit Union has added roughly $9 million of assets with the merger of Fallon County Federal Credit Union.

More than half of all federally insured credit unions have less than $50 million of assets. But challenges, including increased demands for technology, are making it harder for small institutions to thrive, forcing some to look for merger partners.

The two institutions scuttled their original plans to merge earlier this year after a court invalidated some parts of the NCUA's field of membership rules for federally chartered institutions.

With its CEO planning retirement, tiny Coast-Tel Federal Credit Union is seeking approval to merge into Bay FCU.

The added heft will help companies like Independent Bank and Berkshire Hills better compete with the bigger banks that control much of the region’s deposits, and perhaps give them a leg up on other giants, including JPMorgan Chase, moving into the Boston market.

First Merchants in Indiana would pass $10 billion in assets by acquiring MBT Financial in Michigan.

The combined institution will serve roughly 13,700 members with $300 million of assets and six branches.