15 credit unions that have acquired banks since 2023

Complimentary Access Pill
Enjoy complimentary access to top ideas and insights — selected by our editors.

The pace of credit union acquisition of banks has been increasing rapidly, with four deals already announced since the start of 2024, compared to 11 deals in the whole of 2023. 

The size of the deals has also grown this year. In the largest deal based on the bank's assets announced so far, the credit union has nearly $12 billion in total assets and the target bank more than $1.5 billion in total assets.

Scroll through to find out more about the 15 credit union acquisitions of banks since January 1, 2023.

American Banker_15 credit union acquisitions since 2023_Advia Credit Union_1.jpg
American Banker_15 credit union acquisitions since 2023_Beacon Credit Union_2.jpg
American Banker_15 credit union acquisitions since 2023_Global Federal Credit Union_3.jpg
American Banker_15 credit union acquisitions since 2023_Hudson Valley Credit Union_4.jpg
American Banker_15 credit union acquisitions since 2023_Avenir Financial_5.jpg
American Banker_15 credit union acquisitions since 2023_Five Star Credit Union_6.jpg
American Banker_15 credit union acquisitions since 2023_MSU Federal Credit Union_7.jpg
American Banker_15 credit union acquisitions since 2023_Innovations Financial Credit Union_8.jpg
American Banker_15 credit union acquisitions since 2023_MSU Federal Credit Union_9.jpg
American Banker_15 credit union acquisitions since 2023_Five Star Credit Union_10.jpg
American Banker_15 credit union acquisitions since 2023_Harborstone Credit Union_11.jpg
American Banker_15 credit union acquisitions since 2023_Nusenda Federal Credit Union_12.jpg
American Banker_15 credit union acquisitions since 2023_All In Federal Credit Union_13.jpg
American Banker_15 credit union acquisitions since 2023_Land of Lincoln Credit Union_14.jpg
American Banker_15 credit union acquisitions since 2023_4Front Credit Union_15.jpg
MORE FROM AMERICAN BANKER