CEO Advisory Group is Consultant to HVCU in Proposed Bank Acquisition

Hudson Valley Credit Union, headquartered in Poughkeepsie, New York, entered into a definitive agreement to acquire Kingston, New York based Catskill Hudson Bank on January 10th, 2024. Founded in 1963, Hudson Valley Credit Union, serves more than 350,000… Read More

How the Demand for Tech Talent Complicates Succession Planning

Succession planning for credit unions has become more complex these days because of the rapidly evolving skills required to run a financial institution. The rise of fintechs has changed the competitive landscape, making investment in technology—and the talent… Read More

Credit Union Merger Approvals 3Q 2023

NCUA approved 39 mergers in Q2 of 2023 which increased from 36 last quarter. The combined assets of merged credit unions totals $946M, which compares to $2.7B last quarter and $3.5B in Q3 2022. The mean and median… Read More

Why Credit Unions Are Acquiring Banks at a Record Pace

When credit unions look for merger partners, they increasingly are considering banks. S&P Global reports that credit unions entered into a record number of bank acquisitions in 2022. There were 14 acquisitions for the year, surpassing the previous… Read More

Succession Planning with an Eye Towards Mergers as an Option

Succession Planning & Mergers

CEO Advisory Group Explores Succession Planning And Mergers in Latest White Paper CEO Advisory Group explores the hot topic of succession planning in its latest white paper, including a discussion of when and why a merger may be… Read More

CEO Advisory Group is Lead Financial Advisor to Dort Financial CU in its Proposed Acquisition of Flagler Bank

CEO Advisory Advises Dort Financial Credit Union in Agreement to Acquire Flagler Bank

Dort Financial Credit Union, headquartered in Grand Blanc, Michigan, entered into a definitive agreement to acquire West Palm Beach, Florida based Flagler Bank. The transaction would grow Dort Financial Credit Union’s assets to nearly $2 billion.  Founded in… Read More

Credit Union Merger Approvals 2Q 2022

Credit Union Mergers

Credit Union Merger Approvals 2Q 2022 NCUA approved 35 mergers in Q2 of 2022 which increased from 41 last quarter. The combined assets of merged credit unions is $641M, which compares to $5.5B last quarter and $845M in… Read More

Credit Union Merger Approvals 1Q 2022

Credit Union Mergers 1Q2022

NCUA approved 41 mergers in Q1 of 2022 which increased from 40 last quarter. The combined assets of merged credit unions is $5.5B, which compares to $1.5B last quarter and $1.7B in Q1 2021. The mean and median… Read More

Credit Union Merger Approvals 1Q 2021

NCUA approved 33 mergers in Q1 of 2021 which increased from 37 last quarter. The combined assets of merged credit unions is $1.7B, which compares to $3.5B last quarter. The mean and median assets of merged credit unions… Read More

Credit Union Merger Approvals 4Q2020

Credit Union Mergers 4th Quarter 2020

NCUA approved 37 mergers in Q4 of 2020 which increased from 34 last quarter. The combined assets of merged credit unions is $3.5B, which compares to $1.5B last quarter. The mean and median assets of merged credit unions… Read More

Credit Union Merger Approvals 3Q 2020

CU Merger Approvals 3Q 2020

NCUA approved 34 mergers in Q3 of 2020 which increased from 25 last quarter. The combined assets of merged credit unions is $1.5B, which compares to $777M last quarter and $1.3B a year ago. The mean and median… Read More

Credit Union Merger Approvals – 2Q2020

NCUA approved 25 mergers in Q2 of 2020 which decreased from 34 last quarter. The combined assets of merged credit unions is $404M, which compares to $404M last quarter and $2.1B a year ago. The mean and median… Read More

Credit Union Merger Approvals 1Q 2020

Credit Union Merger Approvals

NCUA approved 34 mergers in Q1 of 2020 which increased from 32 last quarter. The combined assets of merged credit unions is $404M, which compares to $1.6B last quarter and $1.3B year ago. The mean and median assets… Read More

Credit Union Merger Approvals 2Q 2019

Credit Union Mergers 2Q 2019

NCUA approved 31 mergers in Q2 of 2019 which increased from 28 last quarter. The combined assets of merged credit unions is $2.1B, which compares to $1.3B last quarter and $800M year ago. The mean and median assets… Read More

Credit Union Merger Approvals – Q4 2018

CU Mergers 4Q 2018

NCUA approved 53 mergers in Q4 of 2018 which increased from 52 last quarter. The combined assets of merged credit unions is $1.5B, which compares to $2.1B last quarter and $1B year ago. The mean and median assets… Read More

Credit Union Merger Approvals – September 2018

NCUA approved 22 mergers in September 2018 which increased from 16 last month. The combined assets of merged credit unions is $288M, which compares to $1.4B last month and $392M a year ago.  The mean and median assets… Read More

Credit Union Merger Approvals — August 2018

NCUA approved 16 mergers in August 2018 which increased from 14 last month. The number of mergers is up, and the combined assets of merged credit unions are also up nearly $1.0B compared to last month.  For the… Read More

Credit Union Merger Approvals — July 2018

Credit Union Mergers July 2018

NCUA approved 14 mergers in July 2018 which increased from 12 last month. The number of mergers is up, and the combined assets of merged credit unions are also up nearly $159M compared to last month.  For the… Read More

Credit Union Merger Approvals — June 2018

Credit Union Mergers - June 2018

NCUA approved 12 mergers in June 2018 which decreased from 19 last month. The number of mergers is down, and the combined assets of merged credit unions are also down nearly $422M compared to last month.  For the… Read More

Credit Union Merger Approvals – May 2018

Credit Union Merger Approvals - May 2018

NCUA approved 19 mergers in May 2018 which increased from 12 last month. The number of mergers is up and the combined assets of merged credit unions are also up nearly $421M compared to last month.  For the… Read More