Four credit unions announced bank purchases so far in December, driving the total number of such deals beyond 2021’s level.
There have now been 15 announcements in 2022 of a credit union buying a bank, surpassing last year's total of 13.
The most credit union-bank deals ever announced in one year was 16, in 2019, but a few of those deals ultimately failed to close.
Below is a compilation of American Banker coverage of the 2022 deals.