Mergers and acquisitions

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Yorkshire credit unions merge as consolidation trend in sector continues

Sheffield Credit Union and Laser Credit Union hope to create one of the region’s most robust…

West Midlands credit unions Just and Fairshare announce plans to merge

'Both boards agreed that a single credit union for the region will provide many benefits to…

British Columbia credit unions Vancity and First explore merger

Canadian credit unions Vancity and First say a merger would strengthen local community banking and enhance…

Illinois credit union merger will create $1.65bn, 113,000-member lender

Members of the 98-year-old Chicago Municipal Employees CU voted in favour of a merger with Great…

Coventry Building Society completes takeover of the Co-op Bank

The deal returns the 152-year-old bank to mutual ownership after it was sold to private investors…

Minnesota co-op members approve $250m merger with CHS

West Central Ag Services will join CHS as an agricultural retail business unit called CHS West…

Three major Saskatchewan credit unions explore merger

Conexus, Cornerstone and Synergy credit unions currently manage a total of $15bn in assets

Nationwide plan to buy Virgin Money divides analysts and members

The £2.9bn deal would mark an expansion for the UK mutuals sector – but some of…

Renfrewshire credit unions merge as sector’s consolidation trend continues

Tail O' The Bank CU in Greenock says increased regulatory reporting and a lack of volunteers…

South Wales credit unions merge in bid to tackle high street banking deserts

Newport Credit Union says its merger with Smart Money Cymru will deliver access to online banking…

First Milk co-op acquires Dorset product maker BV Dairy

'This provides a genuine extension to our business, extending our manufacturing and market reach'

Co-op bank transfer: Belgium’s vdk bank takes on clients from NewB

25,000 clients were transferred from NewB, which hit trouble last year after it failed to meet…