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Connecticut credit unions finalize 2025 merger plans

CEO warns that current conditions are forcing small CUs to look for partners. Nutmeg State Financial Credit Union in Rocky Hill and First Bristol Federal Credit Union in Hartford said this week that First [...]

Atlanta credit union conserved by NCUA

1st Choice Credit Union becomes the first institution conserved by the regulator in 2024. The National Credit Union Administration said the action was taken in consultation with the Georgia Department of Banking and Finance. [...]

Another CU-bank Deal Lands in Washington

Richland, Washington-based Gesa Credit Union plans to acquire Centralia, Washington-based Security State Bank. The $5.5 billion-asset Gesa CU becomes the fourth credit union to announce the acquisition of a Washington bank in 2024. Earlier [...]

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