Benchmark Federal Credit Union to Merge into Franklin Mint Federal Credit Union

San Francisco Federal Credit Union to Acquire Summit Bank Branches in East Bay, California

July 22, 2025

Financial Services

San Francisco Federal Credit Union (San Francisco & Oakland, Calif.) entered into a definitive agreement to purchase substantially all the assets and liabilities of Summit Bank in an all-cash transaction. The deal covers Summit Bank’s three East Bay branches in Oakland, Emeryville, and Walnut Creek, and is anticipated to close in the first quarter of 2026, subject to regulatory and shareholder approvals.

UK Federal Credit Union to Acquire Cove Federal Credit Union via Merger

August 1, 2025

Financial Services

UK Federal Credit Union and Cove Federal Credit Union announced a merger agreement, subject to regulatory approval and Cove members’ vote. The combined organization will operate under UK Federal Credit Union leadership and name, with no immediate operational change for members during the approval process.

Mifflinburg Bancorp to Acquire Northumberland Bancorp in Strategic Merger of Equals

September 25, 2024

Financial Services

Mifflinburg Bancorp, Inc. and Northumberland Bancorp announced the signing of a definitive “merger of equals” agreement under which Northumberland will merge with and into Mifflinburg Bancorp, and Northumberland’s subsidiary bank will merge into Mifflinburg Bank. Northumberland shareholders will receive 1.1850 shares of Mifflinburg for each Northumberland share; the all-stock deal is expected to close in the first or second quarter of 2025.

Keesler Federal Credit Union Merges with Jefferson Financial Federal Credit Union

May 28, 2025

Financial Services

Keesler Federal Credit Union will merge with Jefferson Financial Federal Credit Union, with Keesler as the surviving institution effective July 1, 2025. The deal adds more than $700 million in assets, 14 Greater New Orleans branches, roughly 45,000 members, and more than 145 Jefferson Financial employees to Keesler, expanding the combined credit union's Gulf South footprint and branch network.

Notre Dame Federal Credit Union Plans Merger With Catholic United Financial Credit Union

February 2, 2026

Financial Services

Notre Dame Federal Credit Union and Catholic United Financial Credit Union announced their intent to merge in a strategic, member-approved transaction. The merger is approved by both boards and the National Credit Union Administration, and is subject to a member vote on March 18, 2026, with an expected effective date of April 1, 2026 if approved.

Digital Federal Credit Union and First Tech Federal Credit Union to Merge

September 30, 2025

Financial Services

The National Credit Union Administration (NCUA) granted regulatory approval for Digital Federal Credit Union (DCU) and First Tech Federal Credit Union to proceed with their proposed merger. Following member approvals, the organizations plan to complete a legal merger on January 1, 2026, operating as First Tech Federal Credit Union and integrating over time.