Credit Union Merger Approvals 1Q 2020

Credit Union Merger Approvals

NCUA approved 34 mergers in Q2 of 2020 which increased from 32 last quarter. The combined assets of merged credit unions is $404M, which compares to $1.6B last quarter and $1.3B year ago. The mean and median assets… 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

How Receptive Is Credit Union Leadership to a Merger?

In the world of credit unions, mergers are an essential part of growing and staying relevant. In fact, a well-planned merger can actually help you gain a significant competitive advantage. With that said, it seems some leaders are… 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

Aligning Executive Compensation With Member Interests In A Merger

When a change in control occurs in a credit union, the board of directors must consider the best interests of its members. This means not only ensuring the financial health of the organization is stabilized, but also putting… Read More

The Art and Science of Successful Credit Union Mergers

Merger. The very word can elicit strong emotions throughout the financial services industry, including credit unions. For some, it is viewed as an exciting opportunity for growth. For others, it is dreaded and feared as a loss of… 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

Credit Union Merger Approvals 2Q 2019

Credit Union Mergers 2Q 2019

NCUA approved 31 mergers in Q2 of 2019 which increased from 28 last quarter. The combined assets of merged credit unions is $2.1B, which compares to $1.3B last quarter and $800M year ago. The mean and median assets… Read More

When Prospective Partners Come Knocking

When Prospective Partners Come Knocking

New White Paper Explores Obstacles to CU Merger Proposals ‘When Prospective Partners Come Knocking’ Although credit union executives and boards have a duty to consider members’ interests in all matters, other factors may take precedence when it comes… Read More

The Anatomy of an Ideal Credit Union Merger Partner

Characteristics of Favorable Merger Partners

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 Merger Approvals – May 2018

Credit Union Merger Approvals - May 2018

NCUA approved 19 mergers in May 2018 which increased from 12 last month. The number of mergers is up and the combined assets of merged credit unions are also up nearly $421M compared to last month.  For the… Read More

Credit Union Merger Approvals – February 2018

NCUA Merger Approvals - February 2018

NCUA approved 9 mergers in February 2018 which decreased from 20 last month. The number of mergers are down and the combined assets of merged credit unions are down nearly $378M compared to last month.  For the month… Read More

Why Credit Unions Should Be Terrified!

Why Credit Unions Should Be Terrified

New Research Results and Why Credit Union PERSONAs should be Terrified! Last article, we highlighted our new research on the Financial Industry.  In it, we demonstrated how having a great NPS is NOT an indicator for future growth…. 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.

Credit Union Merger Approvals – January 2018

NCUA approved 20 mergers in January 2018 which increased from 8 last month. The combined assets of merged credit unions are up nearly $342M compared to last month.  However, for the month of January, the total merged assets… Read More

FTC Announces New Premerger Notification Thresholds For 2018

FTC Merger Prenotification 2017

In addition to explaining the filing requirements for credit union mergers, the Hart-Scott-Rodino Antitrust Improvements Act (HSRA) requires an annual update to the FTC premerger notification threshold. The threshold, based on the company’s relevant assets, is used to… Read More

Top Financial Industry Performers Win with Intelligence

Customer Centricity

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

Not A Wall Street Merger – A Uniquely Credit Union Merger

Not A Wall Street 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

Credit Union Merger Approvals – August 2017

Credit Union Mergers - September 2017

NCUA approved 21 mergers in August 2017 which increased from 11 last month. The number of mergers are up and the combined assets of merged credit unions are up nearly $476M compared to last month.  For the month… Read More