Mergers and acquisitions

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Merger grows north-east credit union to more than 15,000 members

Northumberland Community Bank, which formed from a merger in 2017, has now become part of NEFirst…

Canada’s credit union apex calls for streamlining of merger rules

Changes are needed to help the sector face down growing competition from big banks, fintechs and…

Vancity and First credit unions given regulatory approval to merge

The new entity will have 585,000 members, more than 2,400 employees and 60 branches across British…

Central Co-op CEO Debbie Robinson on a new chapter for Chelmsford Star

Set up in 1867 by Essex iron workers, the iconic independent retail society merged with Central…

Desjardins signs deal to take over global investor Guardian Capital

The credit union federation says the deal marks a “significant milestone” in its bid to strengthen…

Agri giant CHS continues acquisition plan to grow market access

The farmer-owned co-op has bought a grain facility in Nebraska to optimise supply chain and connect…

Minnesota grocery co-ops propose merger

Members will vote on the proposal this autumn

Great Lakes Credit Union collects 10,000 supply items for local schools

Items such as workbooks, pens and backpacks were donated in northern Illinois via GLCU branches

Chelmsford Star members make final approval of Central merger

The combined society will operate over 500 trading sites across 23 counties, with a turnover of…

Four US credit unions finalise mergers

East Chicago Fireman’s Credit Union will merge with Great Lakes, while UK Federal will merge with…

Scottish agri-support co-ops confirm merger after members vote

HBS Ring and Ringlink Scotland will combine the strength of more than 4,000 members and an…

Chelmsford Star passes first member hurdle for Central merger

The transfer of engagements now requires a simple majority at a second special members' meeting on…