CEO Advisory GroupToo 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
M&A Trends in 2021
Exclusive Webinar for Credit Union Executives Following a lackluster year for mergers and acquisitions, the market is anticipated to heat up as consumer behavior evolves, economic conditions improve post-COVID-19, and the regulatory environment continues to change. Credit unions… Read More
Open Doors To Capital With Subordinated Debt
Regulatory Capital Strategy The NCUA’s upcoming final rule will relax the restrictions on credit unions’ eligibility to issue subordinated debt. Previously, the issuance of subordinated debt was restricted to low income designated credit unions. Subordinated debt can be… 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
Important Factors in Assessing a CU 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
The Value of a Structured Merger Process
Would a Merger Risk Your Control, Quality, and Culture — or Boost Your Market Position? For some, mergers are an exciting opportunity for growth. For others, it means a loss of control, quality and culture. Yet, in almost… Read More
The Anatomy of an Ideal Credit Union Merger Partner
Credit union mergers and acquisitions have been on the rise for several years. In fact, credit unions have been merging at the rate of 2.9 percent per year since the industry reached its peak in 1969 with nearly… Read More
Credit Union-Bank Merger Considerations
2017 saw a total of 7 credit union-buying-bank deals announced, with one being terminated. As of March 22, 2018, there have already been four deals of the same nature announced. More and more of the smaller community bank… Read More
Top Financial Industry Performers Win with Intelligence
The onslaught of fintech on traditional financial institutions (FIs) continues at a dizzying rate. In Q1 of 2017 alone, $2.7B was invested in 226 deals. Those fintech firms creating significant disruption in the financial sector have built their… Read More
Every Credit Union Needs A Growth Plan
Growth — It’s a word synonymous with success for most businesses. In the credit union world, however, growth isn’t necessarily as cut-and-dry as building a bigger balance sheet. In today’s competitive marketplace, financial institutions are often considered successful when… Read More
5 Steps To Merger Success
As a credit union leader, you should always have your eye on the competition. In today’s aggressive market, it’s not always just about making your credit union better than the rest; knowing who your greatest competitors are can… Read More
Considerations for Adding a Merger to Your Credit Union’s Growth Strategy
In the credit union industry, size matters. Mergers offer credit unions a strategic opportunity to gain a competitive advantage through growth. Credit union mergers and acquisitions have been on the rise for several years. In 1969, there were… 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
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 Big Get Bigger
In a tumultuous digital financial landscape, today’s credit unions are better positioned than ever before. Memberships are on the rise as more and more individuals seek alternatives to the traditional, monolithic banking institutions of the past. Credit unions… Read More
7 Teams For Your Credit Union Merger
The credit union merger process is relatively complex and needs careful management to ensure a successful outcome. Apart from the merger team that oversees the entire process, a number of subsidiary teams are needed, each handling a different… Read More
As an Acquiring Credit Union Who Should Be On Your Merger Team?
The process of merging credit unions must be carefully managed to ensure the combined credit union is financially stronger and that it benefits all members. It’s essential the credit unions are a good fit, that there is agreement… Read More
7 Elements of a Strategic Growth Plan
Strategic organizational growth doesn’t happen by accident, or without plenty of care and nurturing. This is especially true with credit unions, where members benefit from growth, not third-party stockholders. Creating an intentional and forward-thinking strategic growth plan is… Read More