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UCU, Changing Seasons credit unions look to merge

UCU, Changing Seasons credit unions look to merge
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Orono , Maine , United-states , Farmington , Penobscot-county , Kennebec-county , Presque-isle , Hampden , Machias , Rob-picard , Renee-ouellette , Credit-union-of-bath

Two Maine credit unions agree to merge, with aim to serve more farmers

Less than three years after Maine Harvest opened for business in Unity, the credit union has agreed to merge with a larger one serving southern and midcoast Maine. ....

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NCUA lowering barriers for startup credit unions

With new guidance and a simplified chartering process, the National Credit Union Administration seeks to counter the trend of closures and consolidations. ....

Maine , United-states , Waterville , Acadia , Todd-harper , Rodney-hood , Andrew-morris , Scott-budde , National-credit-union-administration , Maine-harvest-federal-credit-union , Deposit-insurance-corporation , Maine-harvest-federal-credit-union-in-unity

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. ....

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The number of credit unions is shrinking. Can the trend be slowed?

The number of credit unions is shrinking. Can the trend be slowed?
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