Graph Of The Week: Mergers Completed During The Quarter

Credit union mergers increased slightly compared to the first half of 2008.

 
 

Through the first half of 2009 the credit union industry experienced 114 mergers, up slightly (4.6%) from the first half of 2008. Despite fluctuations in merger activity during recent years, the rate of consolidation in the industry has not dramatically changed. A consistent 3-3.5% of the industry has consolidated each year over the past 5 years. Because of the time it takes to initiate and complete a merger, the effects of any new merger dynamics generated by recent economic turmoil or fallout from Corporate Stabilization expenses, may not be observed for another 9-12 months.

Credit Union Mergers Completed During the Quarter

 

 

 

Oct. 5, 2009


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