Every Credit Union Needs A Growth Plan

Growth — It’s a word synonymous with success for most businesses. In the credit union world, however, growth isn’t necessarily as cut-and-dry as building a bigger balance sheet. In today’s competitive marketplace, financial institutions are often considered successful when… Read More

5 Steps To Merger Success

5 Steps To A Successful Credit Union Merger

As a credit union leader, you should always have your eye on the competition. In today’s aggressive market, it’s not always just about making your credit union better than the rest; knowing who your greatest competitors are can… Read More

Considerations for Adding a Merger to Your Credit Union’s Growth Strategy

Adding a Merger to Your Credit Union’s Growth Strategy

In the credit union industry, size matters. Mergers offer credit unions a strategic opportunity to gain a competitive advantage through growth. Credit union mergers and acquisitions have been on the rise for several years. In 1969, there were… Read More

Mergers: A Key Topic for Director Education

Credit Union Board of Directors - Merger Education

It seems mergers are always a topic of discussion in the credit union world these days. Interestingly enough, however, despite the constant conversation around the topic, many credit union leaders are unprepared when they’re actually face-to-face with decisions… Read More

Millennials Are Key To Credit Union Growth

Millennials and Credit Unions

Millennials, that tenacious generation born during the late 80’s and through the 2000’s, are the driving force behind a significant upsurge in credit union growth. According to a study conducted by the TransUnion, the percentage number of millennials… Read More

The Big Get Bigger

Big Bigger

In a tumultuous digital financial landscape, today’s credit unions are better positioned than ever before. Memberships are on the rise as more and more individuals seek alternatives to the traditional, monolithic banking institutions of the past. Credit unions… Read More

7 Teams For Your Credit Union Merger

Credit Union Merger Teams

The credit union merger process is relatively complex and needs careful management to ensure a successful outcome. Apart from the merger team that oversees the entire process, a number of subsidiary teams are needed, each handling a different… Read More

As an Acquiring Credit Union Who Should Be On Your Merger Team?

Credit Union Merger Team

The process of merging credit unions must be carefully managed to ensure the combined credit union is financially stronger and that it benefits all members. It’s essential the credit unions are a good fit, that there is agreement… Read More

7 Elements of a Strategic Growth Plan

7 elements of a strategic growth plan

Strategic organizational growth doesn’t happen by accident, or without plenty of care and nurturing. This is especially true with credit unions, where members benefit from growth, not third-party stockholders. Creating an intentional and forward-thinking strategic growth plan is… Read More