To those on the outside, a credit union merger can seem like a scary proposition. When you and your board position your credit union for a merger with another, one of the major concerns is how members will… Read More

The World Council of Credit Unions reports that the average age of members to credit unions is 47 in U.S. This makes drawing in Millennials more important than ever as aging members reach retirement. With current membership in… Read More

It’s a simple fact of life that virtually every successful credit union focuses on loan growth as a major strategic priority. Of course, the challenge lies in finding cost-effective and efficient ways to gain that growth in quality… Read More

Two Wisconsin based credit unions have taken the steps to be better together.  Community Credit Union, with $123 million in assets is merging into Verge, a Credit Union with just under $600 million in assets. Community CU is… Read More

Credit union mergers are common. According to the National Credit Union Association (NCUA), there were  19 mergers in May, 25 mergers in April, and 12 mergers in March. That doesn’t mean all mergers are successful.  Most merger failures… Read More