NCUA merger report, Q1 2025
Aaa merger into Credit Union 1
NCUA's Merger Activity and Insurance Report for Q1 2025 lists Aaa, of South Bend, IN, as merging into Credit Union 1, of Lombard, IL. NCUA records the reason as "expanded services". Aaa last filed a call report for Q2 2025, with $78.7M in assets and 4,639 members.
Members of Aaa become members of Credit Union 1. Watch for its notice on new account numbers, cards and online banking.
The two credit unions side by side
| Measure | AaaQ2 2025 | Credit Union 1Q2 2026 |
|---|---|---|
| Assets | $78.7M | $2.9B |
| Members | 4,639 | 172,066 |
| Net worth ratio | 11.47% | 10.91% |
| Offices | – | 49 |
| Paid on deposits | – | 1.19% |
| New auto loan rate | – | 5.24% |
| Fee income per member | – | $97 |
Figures for Aaa are from its call report for Q2 2025; this page carries only its size and capital. Assets for the report quarter: $78.0M merging, $1.9B continuing.
On our member-value score, built only from call-report data, Credit Union 1 scores 37.9 out of 100.
Credit Union 1 offices near South Bend
From NCUA's branch file for Q2 2026, in South Bend first and then elsewhere in IN. Every Credit Union 1 location
Hobart, IN 1
- Hobart 680 N Union St, Hobart, IN 46342 Drive-through · ATM
Mishawaka, IN 1
- Mishawaka 3630 Edison Lakes Pkwy, Mishawaka, IN 46545 ATM
South Bend, IN 3
- Bendix 1112 N Bendix Dr, South Bend, IN 46628 Drive-through · ATM
- Ireland 1404 E Ireland Rd, South Bend, IN 46614 ATM
- South Bend 1234 N Eddy St Ste 101, South Bend, IN 46617 ATM
Warsaw, IN 1
- Warsaw 322 S Detroit St, Warsaw, IN 46580 Drive-through · ATM
Source: NCUA Merger Activity and Insurance Report, Q1 2025, and NCUA 5300 call reports. The report quarter is when the approval was listed; the merger may take effect later. Not affiliated with NCUA or either credit union. · All recent mergers · Credit Union 1 full figures
Questions people ask
Did Aaa merge?
Yes. NCUA's Merger Activity and Insurance Report for Q1 2025 lists Aaa, of South Bend, IN, as merging into Credit Union 1, of Lombard, IL. Its last call report was for Q2 2025.
Why did Aaa merge?
NCUA records the reason as "expanded services". That is the category NCUA's report gives; the credit unions' own merger notice to members explains it in more detail.
What happens to my Aaa account?
Members and their accounts move to Credit Union 1, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice Credit Union 1 sends members gives the dates. Keep using your current details until it tells you otherwise.
Is my money still insured?
Yes. Credit Union 1 is federally insured by NCUA, which covers deposits up to $250,000 per owner, per insured credit union, for each account ownership category. If you also had accounts at Credit Union 1 before the merger, your balances are now at one credit union.