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Massachusetts deal signals return of larger credit union mergers in 2022

The joining of Align Credit Union and Alltrust Credit Union is among the first of several deals in the pipeline where both institutions have more than $250 million of assets, as the ongoing pressures of the COVID-19 pandemic prompt more firms to pair up, experts say. Carmen Sylvester, Alltrust's CEO, will lead the combined organization.

Massachusetts
United-states
Michael-fryzel
Peter-duffy
Piper-sandler
Vincent-hui
Geoff-bacino
Carmen-sylvester
National-credit-union-administration
Global-credit-union
Alaska-united-states-federal-credit-union
Alltrust-credit-union

Credit union startups rise after NCUA simplifies chartering rules

The National Credit Union Administration approved four new credit unions in 2021 the most in six years after revamping the application process.

Lubbock
Texas
United-states
Florida
Maine
Pennsylvania
New-jersey
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Geoff-bacino
Michael-bell
National-credit-union-administration

Lenders hunker down in response to spread of delta variant

Lenders hunker down in response to spread of delta variant
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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Florida
United-states
Elkhart
Kansas
Michigan
Americans
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Chris-nichols

Credit unions started in '21 reflect last year's upheaval

Credit unions started in '21 reflect last year's upheaval
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Delaware
United-states
Maine
Pennsylvania
New-jersey
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Washington
Americans
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Geoff-bacino

As credit unions resume M&A, bankers renew attacks on tax exemption

As credit unions resume M&A, bankers renew attacks on tax exemption
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Miami
Florida
United-states
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Georgia
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Minnesota
Nebraska
Iowa
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North-liberty
Illinois

How long can credit unions keep sacrificing fees?

How long can credit unions keep sacrificing fees?
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Columbus
Ohio
United-states
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National-credit-union-administration
Clackamas-community
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Paycheck-protection-program

How long can credit unions keep the mortgage momentum going?

Home loans accounted for the bulk of the industry’s lending gains in 2020, but inventory shortages in some markets and an uneven economic recovery may dim prospects this year.

Arkansas
United-states
California
Oklahoma
Houston
Texas
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National-credit-union-administration

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