Hanscom Federal Credit Union to Merge with Alden Credit Union

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.

Alerus Financial Corporation Acquires HMN Financial, Inc. (Home Federal Savings Bank)

October 9, 2024

Financial Services

Alerus Financial Corporation completed its previously announced all-stock acquisition of HMN Financial, Inc. and its subsidiary Home Federal Savings Bank for approximately $128.8 million. The deal expands Alerus’ banking footprint into the Rochester, Minnesota MSA, makes it the largest bank acquisition in Alerus history, and adds roughly $1.1 billion in assets to the combined company; HMN board member Jeffrey Bolton joined Alerus’ board in connection with closing.

Affinity Plus Federal Credit Union Merges with City & County Employees Federal Credit Union (CCEFCU)

October 1, 2025

Financial Services

Affinity Plus Federal Credit Union will merge with City & County Employees Federal Credit Union (CCEFCU) of Albert Lea, Minnesota, effective October 1, following member and regulatory approvals. The merger brings roughly 1,700 new members to Affinity Plus, retains CCEFCU’s five employees, expands member access to Affinity Plus products and services, and supports a planned new branch in Albert Lea in 2026.

Michigan State University Federal Credit Union to Acquire Algonquin State Bank

August 31, 2023

Financial Services

Michigan State University Federal Credit Union (MSUFCU) has entered into a definitive purchase and assumption agreement to acquire substantially all assets and assume substantially all liabilities of Algonquin State Bank. The deal is expected to close in the late first quarter of 2024, subject to regulatory approvals and customary closing conditions, including approval by Algonquin’s parent shareholders.

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

June 10, 2025

Financial Services

Benchmark Federal Credit Union and Franklin Mint Federal Credit Union have entered into a definitive merger agreement, with Benchmark set to merge into Franklin Mint, subject to regulatory approval and Benchmark membership approval. The merger is expected to be completed in early 2026 and will expand member access to banking solutions, branches/ATMs, and digital tools while preserving local service and decision-making.

TwinStar Credit Union Merges with Northwest Community Credit Union

August 20, 2024

Financial Services

TwinStar Credit Union and Northwest Community Credit Union completed a merger to scale operations and expand member services across Washington and Oregon, creating a combined organization serving over 250,000 members with $4.3 billion in assets and 36 locations. Jack Henry will continue to provide core technology and support to the merged credit union to enable ongoing innovation and operational efficiency.