I live in the USA.
I was a member of a small credit union which has merged with a much larger one. I kept a credit card with the small credit union because my interest rate was only 5.75%
When the credit unions merged, my credit card was closed from the original institution and a new one opened by the new institution and my balance transferred.
My limit is $2,000 of which a $1,200 balance was transferred. My questions is, is it reasonable that my credit score dropped 30 points from 779 to 749 from the closure of a card and a balance transfer not of my doing? I am thinking that my score will go back up soon, I do pay it off quickly.