NCUA merger report, Q4 2025
Bluescope Employees' merger into SM Federal Credit Union
NCUA's Merger Activity and Insurance Report for Q4 2025 lists Bluescope Employees', of Kansas City, MO, as merging into SM Federal Credit Union, of Mission, KS. NCUA records the reason as "expanded services". Bluescope Employees' last filed a call report for Q1 2026, with $738K in assets and 282 members.
Members of Bluescope Employees' become members of SM Federal Credit Union. Watch for its notice on new account numbers, cards and online banking.
The two credit unions side by side
| Measure | Bluescope Employees'Q1 2026 | SM Federal Credit UnionQ2 2026 |
|---|---|---|
| Assets | $738K | $77.2M |
| Members | 282 | 2,622 |
| Net worth ratio | 8.06% | 19.98% |
| Offices | – | 2 |
| Paid on deposits | – | 2.49% |
| New auto loan rate | – | 5.72% |
| Fee income per member | – | $6 |
Figures for Bluescope Employees' are from its call report for Q1 2026; this page carries only its size and capital. Assets for the report quarter: $1.2M merging, $77.7M continuing.
On our member-value score, built only from call-report data, SM Federal Credit Union scores 85.3 out of 100.
Source: NCUA Merger Activity and Insurance Report, Q4 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 · SM Federal Credit Union full figures
Questions people ask
Did Bluescope Employees' merge?
Yes. NCUA's Merger Activity and Insurance Report for Q4 2025 lists Bluescope Employees', of Kansas City, MO, as merging into SM Federal Credit Union, of Mission, KS. Its last call report was for Q1 2026.
Why did Bluescope Employees' 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 Bluescope Employees' account?
Members and their accounts move to SM Federal Credit Union, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice SM Federal Credit Union sends members gives the dates. Keep using your current details until it tells you otherwise.
Is my money still insured?
Yes. SM Federal Credit Union 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 SM Federal Credit Union before the merger, your balances are now at one credit union.