Wisconsin Credit Unions Merge with Great Energy and Enthusiasm
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
5 Ways to Motivate Employees During a Credit Union Merger
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
NCUA Approves 27 Mergers in June 2015
For the second month in a row the number of mergers is up compared to last year. The NCUA approved 27 mergers in June 2015 which is up from the 20 mergers in June of last year…. Read More
Sustaining Employee Morale and Productivity During Merger
Credit union mergers are tough proceedings, both for leaders guiding the process and employees who are anxious over potential outcomes. Employee anxiety can lead to loss of morale, engagement and productivity while the merger proceedings are moving forward…. Read More
NCUA Approved Credit Union Mergers – May 2015
Reversing a trend, the number of mergers is up compared to last year. The NCUA approved 19 mergers in May 2015 which is up from the 16 mergers in May of last year. Not only were the number… Read More