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NCUA approved 14 credit union mergers in June 2018

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NCUA approved 14 credit union mergers in June 2018

The National Credit Union Administration approved 14 credit union mergers in June, according to the agency's latest Insurance Report of Activity.

Eleven of the mergers were attributed to "expanded services," while two mergers were due to "poor financial condition" and one for "lack of growth."

The merging credit unions reported a combined $245.7 million in assets.

Click here for a spreadsheet listing all NCUA-approved credit union mergers since Jan. 1, 2011.

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