trending Market Intelligence /marketintelligence/en/news-insights/trending/fEz0QqPpVYEw49oRGwwsvw2 content esgSubNav
In This List

NCUA approved 18 credit union mergers in November

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Blog

Insight Weekly: US recession outlook; mortgage activity slowdown; climate disclosure push


NCUA approved 18 credit union mergers in November

The National Credit Union Administration approved 18 credit union mergers in November, according to the agency's latest Insurance Report of Activity.

The NCUA listed "expanded services" as the reason behind 12 of the mergers. Three mergers were attributed to "poor financial condition," two were chalked up to "loss/declining field of membership," and one was due to "lack of sponsor support."

The merging credit unions had a total of approximately $426.5 million in assets, according to the report.

SNL Image

SNL Image

SNL Image