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

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

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 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