Two institutions join forces to create Connecticut’s sixth-largest credit union The vote is in, and it wasn’t close. More than 85% of Scient Federal Credit Union members approved the merger with CorePlus Credit Union, clearing the last hurdle in a deal that will reshape the credit union landscape in southeastern New England. The combined institution,...
Mergers in the vendor space don’t always turn heads. But the recent marriage of CU Books and BankSocial deserves a closer look from credit union executives. It’s not just about two companies combining; it’s about the convergence of back-office discipline and frontier technology. And that convergence could reshape how credit unions approach modernization, scale, and...
In a move that could reshape the financial services landscape, President Donald Trump has revoked a 2021 Biden-era executive order designed to tighten oversight of mergers and acquisitions. While the headlines center on banks, credit union executives would be wise to read between the lines: the regulatory pendulum is swinging back toward easier consolidation —...
After nearly half a century at Associated Credit Union, C. Lin Hodges has announced his retirement, set for July 2026. His tenure spans 46 years of service, 18 of them as CEO — an era that reshaped ACU’s balance sheet, culture, and influence across Georgia and the broader movement. When Hodges assumed leadership, ACU...
Another major credit union consolidation is on the horizon in Central Massachusetts. St. Mary’s Credit Union in Marlborough and MetroWest Community Federal Credit Union in Framingham have announced plans to merge, forming a $1.15 billion institution under the St. Mary’s name and charter. The deal, expected to close in early 2026, will unite more than...
$28.7B in Assets. Nearly Two Million Members. One Unified Vision. In a merger that looks less like acquisition and more like cooperative evolution, Digital Federal Credit Union (DCU) and First Tech Federal Credit Union have agreed to combine as equals. When finalized—pending NCUA approval and member affirmation—this partnership will yield a $28.7 billion credit union...
$19.2 Billion in Assets. One Million Members. One Giant Leap for Cooperative Finance.
An Alaskan-rooted leader pivoting a $1.5 B credit union toward next-level member impact Las Vegas-based One Nevada Credit Union (ONCU) has made a quietly significant leadership move. With over $1.5 billion in assets and a membership base hovering around 74,000–78,000 Nevadans, ONCU has tapped long-time executive Steve O’Donnell as its new President/CEO, succeeding Paul Parrish after his retirement....
Credit unions pool purpose and capital to lead fintech innovation—not follow it Credit unions just made history—not by lending, but by investing. Curql Collective, the network of 160+ credit unions, has closed Curql Fund II at $360 million, the largest credit union–led fintech fund ever. That makes it a top‑25 U.S. venture capital closing in early 2025,...