Integrations

Florida created headaches for the Georgia company during the financial crisis. Increased discipline, and wholesale changes to banking, make the $3 billion purchase of FCB Financial less risky, CEO Kessel Stelling says.

LAFCU will now serve more than 63,000 members with $670 million in assets.

The three-state league will serve 180 credit unions with more than 6.5 million members.

PFCU and SageLink Credit Union have combined to create an institution with more than $533 million in assets.

Cornerstone Credit Union will acquire tiny Milledgeville Community Credit Union in a merger set to take effect later this summer.

The resulting institution has more than $190 million in assets and serves more than 24,000 members.

The deal, which still requires regulatory approval, will give Credit Union ONE about $1.4 billion in assets and 26 branch locations throughout the state.

The two Wisconsin-based credit unions say bringing the two organizations together would bring an "enhanced experience" to members.

The combined institution will have $880 million in assets and keep Vibe Credit Union name.

The $2.9 million-asset Dugway Federal Credit Union served fewer than 700 members.

UNCLE Credit Union is continuing its expansion into the Stockton, Calif., market via merger with Allied Trades CU.

CorePlus Federal Credit Union will acquire Connecticut Community CU in a merger expected to close later this year, pending regulatory and member approval.

While the merger was legally completed nealry a year ago, it was not until recently that the process of integrating the two institutions' technology was wrapped up.

The Arlington, Texas-based credit union now has more than $1.2 billionin assets and serves more than 114,000 members. The merger was first announced last spring.

If the merger is approved, the combined $2.2 billion-asset credit union would serve members in five states: Alaska, Arizona, California, Washington and Wyoming.

With the $14 million-asset credit union’s CEO retiring, Monad membership voted to merge.

Hutchinson, Kan.-based Central Kansas Credit Union has signed an intent-to-merge agreement with Wichita-based Credit Union of America.

Newly expanded Justice Federal Credit Union now has 27 branches in 8 states, plus D.C.

Choice, which has a history of acquisitions, is buying a financial institution that largely focuses on business banking.

Net income at Lansing Postal Community Credit Union has been on the decline and the CU has struggled due to the consolidation of postal services from Lansing to other parts of the state.