A Massachusetts credit union is making an acquisition, but the acquiree isn’t another financial cooperative. It’s a bank.

Mergers and acquisitions across all ends of the size spectrum were the hot topic in the local banking sector in 2024.

The unprecedented number of deals came in a year when banks struggled to find merger partners in their markets.

Hanscom Federal Credit Union in Massachusetts said it would acquire Peoples Bancorp and its insurance agency. It marked the 21st deal of the year involving a credit union buying a bank.

The plug has been pulled on merger plans involving two small credit unions in Pittsburgh's South Hills four months after ...

With over 8 million members, Navy Federal is the nation's largest credit union, and its mission is to ... USA Today, The New York Times, MarketWatch, MSN, NBC's "Today," ABC's "Good Morning ...