CEO Advisory GroupOvercoming The Fear Of Merger
If your credit union has never been through a merger before, the entire idea can be frightening for everyone involved, from the C-suite to the newest employees. There are a lot of unknown aspects, and credit union leaders… Read More
Change-In-Control Agreements – Align Member And Executive Interests
New White Paper Explores Change-in-Control Agreements as a Tool in Credit Union Merger Discussions KENT, Wash. (May 31, 2018)—Change-in-control agreements may be an underutilized means of helping to ensure an objective assessment of merger proposals in the credit union… Read More
Worried About Your Role As CEO Post Merger?
As a CEO, you’ve likely spent many years procuring your credit union into what it is today. You’ve logged countless hours in board meetings, met with staff at all different levels, and dedicated your days to ensuring your… Read More
The Merged CEO’s Future After The Merger
CEOs have several great pathways in a credit union merger. Learn about the options and process for securing a great future through a merger, whether it be continued employment or retirement.
Not A Wall Street Merger – A Uniquely Credit Union Merger
Suddenly, the crowd erupted. Tears started flowing. Members and staff alike shouted aloud in celebration of victory. These weren’t tears of sadness, but tears of joy. Board members, staff and members embraced each other with warm hugs. In… Read More
Survive or Thrive? – The Question Credit Union Leadership Must Answer
In a perfect world, every business would be built to last forever, but that’s simply not the way things go. Competition ebbs and flows, some industries flourish, some companies flounder. In the credit union world, leaders are rapidly… Read More
5 Ways Employees Benefit From A Credit Union Merger
It seems that most of the time when employees hear whispers of a merger, they instantly become uncomfortable and begin to worry about their future. In fact, just the word merger can be terrifying to a credit union… Read More
Can The Network Credit Union Model Help You Compete?
The National Credit Union Association has suggested in more than one article that small credit unions should at least consider the idea of a network merger in the context of potentially creating partnerships with multiple small credit unions… Read More
Mergers Offer Opportunities for Credit Union Members, Employees
Banks are in business for profit, and their clientele are exactly that: customers fueling profits. The advantage of credit union banking has always been its customer service; “membership” is the advantage. Because of a credit union’s not-for-profit status,… Read More
The 3rd Best Day of My Life
We lifted our glasses of champagne in celebration; After months of evaluating merger proposals from several credit unions, selecting a finalist, and completing the final negotiations my client could finally breathe a sigh of relief. Leaning back in… Read More
How Small Credit Unions Benefit From Mergers
Today’s financial market is extremely competitive and most smaller banks and credit unions face a difficult uphill battle in trying to survive among their larger competitors. The larger a credit union is, the more resources it has at… Read More
Instant Gratification Through Mergers
Small credit union managers can be forgiven for feeling a little stressed. They regularly face one of the most challenging jobs in the financial industry: trying to operate a small, community credit union in the same field as… Read More
The Squeeze On Small Credit Unions
There was a time when a quaint, small credit union could compete with the bigger organizations in town. In simpler times, things were a lot different; however, today’s ultra-competitive credit union economy relies on economies of scale in… Read More
Should Credit Unions Grow For Growth’s Sake?
“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
5 Ways Members Benefit From A Credit Union Merger
The beautiful thing about a credit union merger is that everyone enjoys positive change, including the consumers. Member merger benefits range from financial to technological and greatly outweigh any potential negatives that might result from a merger. Many… Read More
5 Ways Employees Benefit From Mergers
Just the term “merger” can send shivers through your employees – what will happen after two companies combine, and how will it affect you? Adversarial mergers form interesting themes in modern fiction, however, they can be an enormous… Read More
Mergers: A Key Topic for Director Education
It seems mergers are always a topic of discussion in the credit union world these days. Interestingly enough, however, despite the constant conversation around the topic, many credit union leaders are unprepared when they’re actually face-to-face with decisions… Read More
Credit Union Mergers Enhance Members’ Financial Lives
A white paper recently submitted by students of the Southeast CUNA Management School, “Perceptions and Realities Surrounding Credit Union Mergers,” has revealed some interesting research and analysis in support of the mergers and acquisitions trend that’s been experienced… Read More
Millennials Are Key To Credit Union Growth
Millennials, that tenacious generation born during the late 80’s and through the 2000’s, are the driving force behind a significant upsurge in credit union growth. According to a study conducted by the TransUnion, the percentage number of millennials… Read More
The Challenge Of Keeping Up With Member Expectations
Consumers today know what they want. They do the research, shop around, and put due diligence into every decision they make. When it comes to their money, most consumers these days have a solid understanding in terms of… Read More