Credit Union Merger Approvals – Q4 2018
NCUA approved 53 mergers in Q4 of 2018 which increased from 52 last quarter. The combined assets of merged credit unions is $1.5B, which compares to $2.1B last quarter and $1B year ago. The mean and median assets… Read More
Lessons Learned in Credit Union Mergers
This video describes the importance of conducting a lessons learned session following a credit union merger in order to capture what went well and areas for improvement. Documenting this learning helps to create best practices that can be… Read More
Credit Union Merger Approvals – September 2018
NCUA approved 22 mergers in September 2018 which increased from 16 last month. The combined assets of merged credit unions is $288M, which compares to $1.4B last month and $392M a year ago. The mean and median assets… Read More
Key Considerations in Merger
Credit union mergers are a huge undertaking. They can be confusing, are most certainly exhausting, and create a bit of chaos during the process. However, you can minimize all of this if you know what to expect and… Read More
Seven B.C. Credit Unions Explore Forming a “Regional Amalgamation”
In this atmosphere of hyper-competition in the financial services industry, credit unions throughout North America are exploring the potential of strengthening their positions through beneficial consolidations and mergers. In British Columbia, the potential benefits of a major consolidation… Read More