CEO Advisory GroupNew Whitepaper Release – Credit Union Bank Acquisitions – Part 2
We’re excited to announce the release of Part 2 in our whitepaper series, What Credit Unions Need to Know About Bank Acquisitions. This latest installment, titled “Proceeding with the Deal,” offers a practical and strategic guide for credit… Read More
The Perfect Storm: CEO Retirements and Industry Consolidation Create Strategic Succession Opportunity
What if your credit union could achieve better economies of scale and find the perfect CEO to lead your organization in the future? Lake Tapps, WA – Credit unions face a perfect storm: half of CEOs are over… Read More
Credit Union Mergers Analysis: Second Quarter 2025
An analysis of credit union mergers for the second quarter of 2025 shows an upward trend over the first quarter in both the number of approved transactions and the combined asset size of the merging institutions. The NCUA… Read More
Credit Unions Must Evolve to Thrive
Any credit union using yesterday’s business practices to operate in today’s fast-paced business environment will struggle to survive into the future. The best-performing credit unions have consistently reinvented themselves to keep pace with the evolving financial services landscape—defined… Read More
More Mergers Occurring For Strategic Reasons Rather Than Financial Distress
While mergers continue unabated in the credit union industry, the reasons for undertaking them has shifted over the years. As we reported in our 2019 white paper, “When Prospective Partners Come Calling,” most mergers in the past occurred… Read More
What Should You Be Looking for in a Successor CEO?
Succession planning is getting considerable attention in 2025, as the deadline draws nearer to the NCUA final rule requiring that federally insured credit unions have a written plan. With just a few months until the Jan. 1, 2026,… Read More
In Prioritizing Succession Planning, Credit Unions May Also Wish to Consider Mergers
Succession planning has been a hot topic in the credit union space over the last several years, fueled in part by the National Credit Union Association’s rule that requires federal credit unions to establish a formalized succession planning… Read More
Three Pathways for Credit Unions to Achieve Scale
Scale is one of the hottest topics in credit union operations these days. With the rising cost of technology, operations, talent acquisition, and other business functions, the need for credit unions to become simultaneously bigger and more efficient… Read More
Credit Union Mergers Analysis: First Quarter 2025
An analysis of credit union mergers for the first quarter of 2025 shows quarterly fluctuation in the number of approved transactions, with a slight decrease in merger approvals and the combined asset size of merging institutions. Looking at… Read More
CEO Advisory Group Facilitates Strategic Acquisition
Frontier Credit Union to Acquire First Citizens Bank of Butte CEO Advisory Group is pleased to announce our role as financial advisor to Frontier Credit Union in its strategic acquisition of First Citizens Bank of Butte, a transaction… Read More
Credit Unions Find Viable Growth Path with Bank Acquisitions
For decades, credit unions and banks experienced no crossover in their merger and acquisition strategies. Credit unions merged with other credit unions, banks acquired other banks, and neither the twain did meet. All of that began to change… Read More
Bank Acquisition Boom: How Credit Unions Are Changing the M&A Landscape
CEO Advisory Group Releases New Whitepaper: “What Credit Unions Need to Know About Bank Acquisitions” First installment of three-part series provides strategic guidance on an increasingly important growth strategy LAKE TAPPS, WASHINGTON – CEO Advisory Group, a leading… Read More
NCUA Final Succession Planning Rule Explained
In December, the NCUA approved its final credit union successional planning rule, which requires federally insured credit union boards to establish succession planning processes for key positions and will go into effect on Jan. 1, 2026. The final… Read More
Credit Union Merger Approvals Q3 2024
An analysis of credit union mergers for the third quarter of 2024 shows an upward trend in both the number of approved transactions and the combined asset size of the merging institutions. The latter trend is being driven… Read More
Credit Union Merger Approvals 2Q 2024
NCUA approved 46 mergers in Q2 of 2024 which increased from 26 last quarter. The combined assets of merged credit unions total $3.3B, which compares to $3.7B last quarter and $2.7B in Q2 2023. The mean and median… Read More
Careful Planning is Essential to Successfully Executing a Merger with Another Credit Union
Difficult economic conditions, increased funding costs and competition from larger institutions will continue to drive credit unions to combine to sharpen their competitive edge. The number of mergers of credit unions with assets of $500 million and above… Read More
CEO Advisory Group is Consultant to HVCU in Proposed Bank Acquisition
Hudson Valley Credit Union, headquartered in Poughkeepsie, New York, entered into a definitive agreement to acquire Kingston, New York based Catskill Hudson Bank on January 10th, 2024. Founded in 1963, Hudson Valley Credit Union, serves more than 350,000… Read More
How the Demand for Tech Talent Complicates Succession Planning
Succession planning for credit unions has become more complex these days because of the rapidly evolving skills required to run a financial institution. The rise of fintechs has changed the competitive landscape, making investment in technology—and the talent… Read More
Credit Union Merger Approvals 3Q 2023
NCUA approved 39 mergers in Q2 of 2023 which increased from 36 last quarter. The combined assets of merged credit unions totals $946M, which compares to $2.7B last quarter and $3.5B in Q3 2022. The mean and median… Read More
How Mergers Can Build the Talent Pipeline
Where will your future leaders come from? The question has taken on greater urgency in today’s quickly changing workforce. CEOs are retiring at an unprecedented rate, fueled by the demographic reality of 10,000 baby boomers turning 65 every… Read More