Wings Financial Credit Union to Acquire Settlers Bank

Ent Credit Union and Wings Credit Union Announce Merger of Equals

April 23, 2025

Financial Services

Ent Credit Union and Wings Credit Union signed an agreement for a merger of equals to combine their operations and serve nearly one million members, primarily across Colorado and Minnesota. The credit unions will continue to operate independently during the regulatory approval and member-vote process, with the newly formed credit union legally combined in 2026 and led by Ent’s President and CEO, Chad Graves.

Winged Keel Group Acquires MBW Group

July 7, 2025

Wealth Management

Winged Keel Group has acquired Minneapolis-based MBW Group and opened a new Minneapolis office led by former MBW principals Jeffery W. Bird and David A. Wischmeier. The deal expands Winged Keel's national high-end life insurance platform and strengthens its capabilities serving ultra-high-net-worth families and business owners in the Midwest.

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.

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.

Redwood Family Care Network (Webster Equity Partners) Acquires Eagles Wing

October 7, 2025

Healthcare Services

Redwood Family Care Network, a multi-state provider of services to individuals with intellectual and developmental disabilities and a portfolio company of Webster Equity Partners, has acquired Minnesota-based Eagles Wing. The acquisition expands Redwood's geographic footprint into the Midwest and augments its residential and day support services for individuals with developmental disabilities.

Lake Michigan Credit Union Acquires Pilot Bancshares (Pilot Bank & NAFCO)

June 16, 2021

Financial Services

Lake Michigan Credit Union (LMCU) agreed to acquire Pilot Bancshares, Inc., the holding company for Tampa-based Pilot Bank and National Aircraft Finance Company, in an all-cash transaction that will pay Pilot shareholders $6.25 per share. The deal expands LMCU’s Florida footprint to 19 branches and adds Pilot’s aircraft finance and SBA origination capabilities, increasing LMCU’s total assets and deposit base in the state.