Posted on April 10, 2020 by
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One of the leading reasons credit unions engage in mergers is declining membership, according to a study conducted by the National Credit Union Administration (NCUA). It found that 47 percent of merging credit unions had negative member growth… Read More
Category: Acquiree, Insights, Preparing for Merger Tags: acquiree, Board, credit union, credit union merger, credit union mergers, Credit Union Video, Merger Video, merging credit union, Small Credit Union, Strategic Planning, Video
Posted on February 27, 2015 by
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On the whole, credit unions are well known for taking care of not only their members, but their employees, too. There are all sorts of reasons for that, of course, with one of them being that employees who… Read More
Category: Insights Tags: benefits, compensation, credit union, Credit unions, employees, Employees Win, Growth, Merger, mergers, ranking, salary, The 4 Wins, top 10 credit union employers
Posted on February 5, 2015 by
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The NCUA approved 19 mergers in December 2014 which is up from the 28 mergers in December of last year. Very small, boutique credit unions were absorbed in December. The combined assets of the merged credit unions are… Read More
Category: Blog, Industry News Tags: 2014, acquisition, credit union, credit union merger, credit union mergers, Credit Union Mergers 2014, financial performance, Merger, Merger News, NCUA Merger Approvals, stats
Posted on January 27, 2015 by
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790 KGMI Radio Guest Host Mike Hudson recently invited Glenn Christensen, President of CEO Advisory Group, to participate on the show Saturday Morning Live. Glenn and Mike discussed the credit union industry growth and how members and employees… Read More
Category: Blog Tags: compensation, credit union, credit union merger, Credit unions, Economies of Scale, employee benefits, employment, member benefits, podcast, salaries, Small Credit Union
Posted on January 15, 2015 by
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The NCUA approved 22 mergers in November 2014 which is up from the 17 mergers in November of last year. The combined assets of the merged credit unions are $434 million. The mean and median assets of merged… Read More
Category: Blog, Industry News Tags: acquistion, credit union, credit union merger, Credit Union Mergers 2014, CU, FCU, Industry News, M&A, Merger, Merger & Acquisitions, merger approvals, NCUA
Posted on November 28, 2014 by
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The NCUA approved 28 mergers in October 2014 which is the second highest merger approval rate for the year. The combined assets of the merged credit unions are $458 million. The mean and median assets of merged credit… Read More
Category: Blog, Industry News Tags: American Heritage Credit Union, American Nickeloid Employees Credit Union, Anheuser-Busch Employees Credit Union, Augusta Metro Credit Union, Bayport Credit Union, City Credit Union, Connex Credit Union, credit union, Credit Union Mergers 2014, Credit Union of Southern California, Credit unions, CU, Directions Credit Union, Fire Star Credit Union, Firefighters Community CU, Georgia's Own Credit Union, Horizon CU, Houston Credit Union, Industry News, Land of Lincoln Credit Union, Merger, Merger News, mergers, Michigan First Credit Union, Monroe County Community Credit Union, Mountain America CU, PCM Credit Union, Peidmont Advantage Credit Union, Red River Employees Credit Union, Southeastern Credit Union, St. Agnes Credit Union, Tennessee Valley Credit Union, UFCU, United Community Credit Union, Washington Gas Light Credit Union
Posted on October 14, 2014 by
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Credit Union 2.0: An Opportunity to Build Collaborative Partnership is an outstanding report by Filene Research Institute provided courtesy of the Credit Union Times. This report shows the power of collaborative mergers within the credit union movement.
Category: Blog Tags: Collaboration, credit union, Credit Union Strategy, Credit unions, Filene, M&A, Merger, Merger of Equals, mergers, Mergers and Acquisitions, Partnership, Three-Way Merger
Posted on September 3, 2014 by
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Two credit unions with assets exceeding $300 million (Endura Financial CU & State Employees CU) were among the 25 credit union mergers approved by the NCUA in July 2014. The merged credit unions represented over $1 Billion in assets. Three-quarters of the credit unions sited expanded services as the reason for growth.
Category: Blog, Industry News Tags: Advia, Aloha, Alton & Southern Railroad Employees, American Meter Employees, Ameritas Employees, Bethel Community, Boulder Municipal Employees, California Community, Carus Employees, Catholic & Community, Central Minnesota, Central Washington, Community Financial, Connexus, credit union, Credit Union of Southern California, Credit unions, CU, EDCO Community, Endura Financial, FCU, Financial Plus, First Florida, GESA, Greater Institutional A.M.E. Church, Greater West Haven, Greenleaf Employee, Hawaii USA, IBW Employees, Industry News, Interstate, Marine, Meadville Area, Membersown, Merger, Merger News, mergers, Mobility, Moorhead Teachers, Mountain Laurel, Nail Workers, NCUA, NE PA Community, Paducah City Employees, Piney Grove Community, River City Community, Robins, Sherwin Williams Employees, Signet, Southland, Southwest Michigan, State Employees, TCC, Tri State Rail, US Alliance, Wacopse, Western Valley, Westside Employees, Wright-Patt
Posted on August 1, 2010 by
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The recession of the last two years has been a wake-up call for the credit union industry. Despite the continuing troubling signs in the economy and for individual credit unions’ financial performance, credit union boards and management keep… Read More
Category: Insights Tags: acquiree, Board, credit union, credit union directors, Credit Union Mergers 2014, CUES Article, financial troubled, Insights, Member, Mergee, Merger, Volunteer
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