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NCUA approved 16 credit union mergers in October

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NCUA approved 16 credit union mergers in October

The National Credit Union Administration approved 16 credit union mergers in October, according to the agency's latest Insurance Report of Activity.

Ten of these mergers were attributed to "expanded services," while four mergers were due to "poor financial condition."

The merging credit unions totaled approximately $297.7 million in assets.

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

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