“We don’t want to grow just for growth’s sake.” It’s a comment I almost always hear during strategic planning sessions, and it reveals a potentially disastrous mindset. Growth isn’t an option to consider, but a necessity to start… Read More

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

NCUA approved 11 mergers in October 2016 which decreased from 19 last month. The number of mergers declined the combined assets of merged credit unions are down nearly $196 million compared to last month.  For the month of… Read More

  NCUA approved 19 mergers in September 2016 which stayed the same from 19 last month. The difference is that there is one credit union, Northwood, that merged 4 tiny credit unions this month. While the number of… Read More

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