University Credit Union Acquires Abilene Christian University Credit Union

Utah Community Credit Union Completes Merger with TransWest Credit Union

July 1, 2025

Financial Services

Utah Community Credit Union (UCCU) has completed the merger with TransWest Credit Union, finalizing a core-systems conversion just five months after signing the letter of intent. The conversion—executed with support from Best Innovation Group using AI-assisted tools—was completed with zero member downtime and positions UCCU to expand services and product offerings to TransWest members.

UBS Acquires Credit Suisse

March 20, 2023

Financial Services

UBS Group AG agreed to acquire Credit Suisse Group AG in a government-supported deal announced March 2023, with Credit Suisse shareholders receiving UBS shares as consideration. The transaction (and subsequent merger of the Swiss operating entities) was structured to stabilize Credit Suisse, expand UBS's wealth and asset-management scale, and realize cost synergies across the combined bank.

Beacon Credit Union Acquires Mid-Southern Savings Bank, FSB

January 26, 2024

Financial Services

Beacon Credit Union (BCU) entered a definitive purchase and assumption agreement to acquire substantially all assets and assume substantially all liabilities of Mid-Southern Savings Bank, FSB (MSB). The deal — BCU's first community bank acquisition — expands Beacon's footprint in southern Indiana; it is subject to MSB shareholder and regulatory approvals and is expected to close in Q3 or Q4 2024. MSB leadership will transition into roles at BCU and BCU intends to keep MSB branches and loan production offices open following completion.

Crane Credit Union Acquires Our Community Bank

August 19, 2020

Financial Services

Crane Credit Union (CCU), headquartered in Odon, Indiana, signed a definitive purchase and assumption agreement to acquire the assets and assume certain liabilities of Our Community Bank (OCB), headquartered in Spencer, Indiana, from Home Financial Bancorp. The all-cash transaction will result in OCB branches operating as CCU offices and Home Financial distributing remaining cash to its shareholders; the deal was approved by both boards and expected to close in 2021 subject to customary approvals.

United Federal Credit Union Acquires Edgewater Bank

October 27, 2020

Financial Services

United Federal Credit Union will acquire the assets and assume the liabilities of Edgewater Bank in an all-cash transaction. Edgewater Bancorp and Edgewater Bank will liquidate and distribute remaining cash to stockholders; the deal expands United's branch network and increases its assets to roughly $3.5 billion.

BibliU Acquires Texas Book Company

October 24, 2023

Education

BibliU has acquired Texas Book Company, a Texas-based provider of campus store services and affordable course materials for higher education institutions. The acquisition expands BibliU's Universal Learning offering into a combined campus store management and digital content delivery solution (Universal Learning Plus) and adds an Inclusive Access model to increase affordability and day-one access for students across the U.S.