Too Many Credit Unions Lack a Merger Policy

There are two potential approaches that credit unions can take to address merger opportunities: proactive or reactive. A proactive approach entails having a structured policy in place for uncovering and considering potential merger opportunities. A reactive approach often… Read More

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Financial Accounting Standards Board Moving Forward with Changes to Merger Accounting Standards

If you’re pondering the best timing for a potential merger acquisition, then one of the issues you should consider is the Federal Accounting Standards Board’s ongoing consideration of changes to how delinquent loans and investments have to be… Read More

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

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

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Bridge - Board Governance in Merger

Does Your Board Governance Provide a Framework for Addressing Mergers?

Most important decisions in life require a framework from which you can understand the full picture and gain insights regarding the pros and cons of the pathways that lay before you. This is certainly true in the credit… Read More

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CEO Perspective - Obstacles to Mergers

CEO Perspective – Obstacles to Mergers

We’ve talked about the people or groups of people who are sometimes averse to considering a merger when a potential partner presents itself, but we haven’t really addressed the merger obstacles that often keep leaders from considering integrating… Read More

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