NCUA Proposed Merger of Ascent and Goldenwest Credit Unions

The National Credit Union Administration (NCUA) has opened a consultation period regarding the proposed merger of Ascent Credit Union and Goldenwest Credit Union. The agency is soliciting feedback from the public and relevant parties on this significant consolidation within the credit union sector. This action is part of the NCUA's oversight process for mergers that could impact members and the broader financial landscape.

Interested parties, including members of both credit unions and other stakeholders, are encouraged to submit their comments to the NCUA. While no specific compliance deadline is mentioned for the merger itself, the consultation period is critical for providing input that may influence the NCUA's decision. Failure to engage in this process means foregoing the opportunity to voice concerns or support for the proposed merger.