Credit Union Merger Approvals - February 2017

Credit Union Merger Approvals – February 2017

NCUA approved 14 mergers in February 2017 which decreased from 21 last month. The number of mergers are down and the combined assets of merged credit unions are down nearly $990M compared to last month.  For the month… Read More

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Network Credit Union Model

Can The Network Credit Union Model Help You Compete?

The National Credit Union Association has suggested in more than one article that small credit unions should at least consider the idea of a network merger in the context of potentially creating partnerships with multiple small credit unions… Read More

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Mergers Offer Opportunities For Employees

Mergers Offer Opportunities for Credit Union Members, Employees

Banks are in business for profit, and their clientele are exactly that: customers fueling profits. The advantage of credit union banking has always been its customer service; “membership” is the advantage. Because of a credit union’s not-for-profit status,… Read More

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Credit Union Mergers & Real Estate Due Diligence

Credit Union Mergers & Real Estate Due Diligence

Real estate holdings and leases are a big component in credit union mergers and can be one of the key advantages. For example, most institutions consider three to five years a reasonable time to reach break-even in a… Read More

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Credit Union Merger Approvals – January 2017

NCUA approved 21 mergers in January 2017 which increased from 18 last month. There is one credit union, Pentagon, that merged 3 smaller credit unions this month. Pentagon Credit Union also acquired 2 credit unions last month. The… Read More

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