Too Many Credit Unions Lack a Merger Policy

There are two potential approaches that credit unions can take to address merger opportunities: proactive or reactive. A proactive approach entails having a structured policy in place for uncovering and considering potential merger opportunities. A reactive approach often… Read More

Credit Union Guidelines for Merger Proposals

Has your board of directors developed a former merger policy or guidelines for considering a merger? If you answered “no”, you’re not alone. According to a study conducted by CEO Advisory Group, an overwhelming majority of boards do… Read More

Director Perspective – Obstacles to Mergers

Director Perspective: Obstacles to Mergers

We all know credit union mergers have become more and more common in recent decades. With this, however, there are still many leaders who aren’t sold on the idea. What merger obstacles are standing in the way of… Read More

Mergers Dismissed Without Consideration

When a credit union is faced with a merger, it’s also faced with the ability to strategically align itself against competing for financial institutions. Mergers enable credit unions to incorporate the best technologies for both their employees and… Read More

Fiduciary Duty to Consider Merger Proposal

Fiduciary Duty - Main Image

When it comes to credit union regulations, leaders’ fiduciary duty to consider merger proposals is of the utmost importance. Why? Because it requires directors to act in good faith in the best interests of the membership, and in… Read More

Important Factors in Assessing a CU Merger

Evaluating a Credit Union Merger

Credit union mergers have become increasingly more common. From the 23,000 credit unions that existed at their peak in 1969 to the 5,200 credit unions that existed as of 2020, the industry has seen a lot of shift…. Read More

5 Themes – Conversations With CU Leaders

5 Themes - Conversations with CU Leaders During Convid-19

Based on calls we have received over the last month, there is no doubt credit union leaders believe our business will be forever changed after COVID-19. The thoughts these leaders shared with us can generally be categorized into… Read More

Is Now the Right Time for Your Credit Union to Consider a Strategic Merger?

Is Now the Right Time for Your Credit Union to Merge?

One of the leading reasons credit unions engage in mergers is declining membership, according to a study conducted by the National Credit Union Administration (NCUA). It found that 47 percent of merging credit unions had negative member growth… Read More

Change-In-Control Agreements – Align Member And Executive Interests

White Paper - Putting Mebmers' Interests First with Change in Control Agreements

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

Optimizing Credit Union Financial Health & Avoiding Merger Pitfalls

Merger Opportunities and Warning Signs

The word “merger” can incite a variety of feelings, emotions, and opinions from credit union leaders. Ideally, credit union board and executive team members have steadily been working to build an organization which is financially healthy and contributes… Read More

Credit Union Mergers: Celebrating the Success!

Credit Union Merger: Celebrate Success

For many business leaders, part of the American Dream is creating a company that is so successful it will one day be sold to a larger entity. While this goal is seen as part of a strategic investment… Read More

9 Ratios For Evaluating Whether Your Credit Union Should Consider A Merger

9 Ratios For Considering Whether Your Credit Union Should Consider A Merger

A board’s responsibilities are all-encompassing, but at the foundation of every decision the board makes should be devising ways to deliver great value to members while ensuring the safety and soundness of the credit union. The following nine… Read More