Troubled CU Mergers in 2012

There were 73 troubled credit union mergers in 2012.

A troubled credit union merger occurs if the following three reasons are cited by NCUA when approving the merger: Poor Management, Poor Financial Condition, and Loss/Declining Field of Membership.

The median size of a troubled credit union acquired in 2012 was approximately $5.4 million. The average asset size was almost $24.4 million.

Montgomery County Teachers FCU was the largest troubled credit union to be acquired in 2012 with $393 million in assets.