CEO Advisory GroupThe 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
Bank Branch Acquisition Offers Credit Unions Another Option To Expand
As the recent acquisition of a community bank branch by Vocal Credit Union demonstrates, mergers aren’t the only avenue open to credit unions aiming to expand their reach and membership. Vocal CU, a $30 million financial cooperative based… 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
Pre-Merger Considerations For Credit Unions
The number of mergers and acquisitions between credit unions has been steadily growing for several years, with the majority involving credit unions under the $100 million range. That being said, there are a few considerations that credit unions… Read More
Using Technology To Enable Collaboration During A Merger
Technology plays a key role in streamlining the merger integration process. Utilizing a digital M&A system allows credit unions to collaborate in the cloud. This video discusses to key benefits of digital M&A.
Credit Union Merger Approvals – March 2017
NCUA approved 8 mergers in March 2017 which decreased from 14 last month. The number of mergers are down and the combined assets of merged credit unions are up nearly $ 24M compared to last month. For the… Read More
Can The Network Credit Union Model Help You Compete?
The National Credit Union Association has suggested in more than one article that small credit unions should at least consider the idea of a network merger in the context of potentially creating partnerships with multiple small credit unions… Read More
Credit Union Mergers & Real Estate Due Diligence
Real estate holdings and leases are a big component in credit union mergers and can be one of the key advantages. For example, most institutions consider three to five years a reasonable time to reach break-even in a… 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
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
5 HR Due Diligence Issues For Your Credit Union Merger
No doubt you have examined the employee benefits of your credit union merger; noting the new organization will offer members better benefits and more opportunities. As you plan and work out the details, there are due diligence actions… Read More
Evaluating Leadership Quality in Succession Planning
Credit unions will be experiencing unprecedented change in their leadership over the next five years. With the current economic climate and competitive landscape, selecting and nurturing strong leadership has become imperative for credit unions’ future success. In their succession planning credit unions must account for leadership quality.