Credit Union Merger and Acquisition Resources

This page provides resources to assist federally insured credit unions voluntarily planning to merger with other federally insured credit unions or purchase and assume assets and liabilities from non-federally insured credit unions or other entities.

Merger and Acquisition Regulations and Guidance

Part 708b of the NCUA’s Rules and Regulations

Letter to Credit Unions 18-CU-03 – Merger Rule Provisions Including the Member-to-Member (MTM) Communications Process

Final Rule on Bylaws; Voluntary Mergers of Federally Insured Credit Unions

Section 741.8 – Purchase of assets and assumptions of liabilities of NCUA's regulations

Forms for Merging with Other Federally Insured Credit Unions

You may download all the merger forms listed below as a zipped package or select individually.

Merger Package Checklist

NCUA 6302 – Merger Resolution Continuing Credit Union

NCUA 6303 – Merger Resolution Merging Credit Union

NCUA 6304 – Merger Agreement

NCUA 6305A – Notice of Special Meeting of the Members on Proposal to Merge

NCUA 6306A – Ballot for Merger Proposal

NCUA 6308A – Certification of Vote on the Merger Proposal

NCUA 6309 – Certification of Completion of Merger

NCUA 6311 – Probable Asset/Share Ratio Computation Form (Continuing and Merging Credit Unions)

Certification of No Non-Disclosed Merger-Related Financial Arrangements

Additional Merger Tools

Field of Membership Compatibility Matrix – This matrix is applicable if the continuing credit union is federally chartered and helps determine whether the fields of membership for the merging and continuing credit unions are compatible, based on their respective charters.

Merger-Related Financial Arrangement Comparison – Helps determine if the merging credit union is required to disclose any merger-related compensation.

Process for Acquisition of Assets and Liabilities

NCUA Regulations Section 741.8, Purchase of assets and assumption of liabilities, requires a federally insured credit union to request approval from the appropriate regional director before purchasing loans or assuming deposits, shares, or liabilities from a non-federally insured credit union or other financial institution. 

Federally insured, state-chartered credit unions must also comply with applicable state supervisory authority requirements for approval of this type of transaction. A credit union’s request for approval of a purchase and assumption transaction should state the nature of the transaction and include copies of relevant documents.

Once the regional director receives a request, they will give the credit union a checklist that covers each step in the process.

Additional Questions on Mergers and Acquisitions

Please contact your NCUA Regional Office with any questions, using the applicable email address or telephone contact information below.