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

CEO Advisory Group serves as lead financial advisor to Frontier Credit Union's acquisition of First Citizens Bank of Butte

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

Credit union announced acquisitions of banks from 2015 to 2024

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

Credit Union Mergers 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

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

Why Credit Unions Are Acquiring Banks at a Record Pace

When credit unions look for merger partners, they increasingly are considering banks. S&P Global reports that credit unions entered into a record number of bank acquisitions in 2022. There were 14 acquisitions for the year, surpassing the previous… Read More

Succession Planning with an Eye Towards Mergers as an Option

Succession Planning & Mergers

CEO Advisory Group Explores Succession Planning And Mergers in Latest White Paper CEO Advisory Group explores the hot topic of succession planning in its latest white paper, including a discussion of when and why a merger may be… Read More

CEO Advisory Group is Lead Financial Advisor to Dort Financial CU in its Proposed Acquisition of Flagler Bank

CEO Advisory Advises Dort Financial Credit Union in Agreement to Acquire Flagler Bank

Dort Financial Credit Union, headquartered in Grand Blanc, Michigan, entered into a definitive agreement to acquire West Palm Beach, Florida based Flagler Bank. The transaction would grow Dort Financial Credit Union’s assets to nearly $2 billion.  Founded in… Read More

Credit Union Merger Approvals 2Q 2022

Credit Union Mergers

Credit Union Merger Approvals 2Q 2022 NCUA approved 35 mergers in Q2 of 2022 which increased from 41 last quarter. The combined assets of merged credit unions is $641M, which compares to $5.5B last quarter and $845M in… Read More

Credit Union Merger Approvals 1Q 2022

Credit Union Mergers 1Q2022

NCUA approved 41 mergers in Q1 of 2022 which increased from 40 last quarter. The combined assets of merged credit unions is $5.5B, which compares to $1.5B last quarter and $1.7B in Q1 2021. The mean and median… Read More

Credit Union Merger Approvals 1Q 2021

NCUA approved 33 mergers in Q1 of 2021 which increased from 37 last quarter. The combined assets of merged credit unions is $1.7B, which compares to $3.5B last quarter. The mean and median assets of merged credit unions… Read More

Credit Union Merger Approvals 4Q2020

Credit Union Mergers 4th Quarter 2020

NCUA approved 37 mergers in Q4 of 2020 which increased from 34 last quarter. The combined assets of merged credit unions is $3.5B, which compares to $1.5B last quarter. The mean and median assets of merged credit unions… Read More

Credit Union Merger Approvals 3Q 2020

CU Merger Approvals 3Q 2020

NCUA approved 34 mergers in Q3 of 2020 which increased from 25 last quarter. The combined assets of merged credit unions is $1.5B, which compares to $777M last quarter and $1.3B a year ago. The mean and median… Read More

Credit Union Merger Approvals – 2Q2020

NCUA approved 25 mergers in Q2 of 2020 which decreased from 34 last quarter. The combined assets of merged credit unions is $404M, which compares to $404M last quarter and $2.1B a year ago. The mean and median… Read More

Credit Union Merger Approvals 1Q 2020

Credit Union Merger Approvals

NCUA approved 34 mergers in Q1 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