Too Many Credit Unions Lack a Merger Policy

There are two potential approaches that credit unions can take to address merger opportunities: proactive or reactive. A proactive approach entails having a structured policy in place for uncovering and considering potential merger opportunities. A reactive approach often… 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

Survive or Thrive? – The Question Credit Union Leadership Must Answer

Credit Union - Survive or Thrive?

In a perfect world, every business would be built to last forever, but that’s simply not the way things go. Competition ebbs and flows, some industries flourish, some companies flounder. In the credit union world, leaders are rapidly… Read More

Mergers: A Key Topic for Director Education

Credit Union Board of Directors - Merger Education

It seems mergers are always a topic of discussion in the credit union world these days. Interestingly enough, however, despite the constant conversation around the topic, many credit union leaders are unprepared when they’re actually face-to-face with decisions… Read More

4 Merger Strategies Credit Union Directors Should Consider

Credit Union Merger Strategies for Directors

Mergers are transforming the credit union landscape.  It is, therefore, ever more important for credit union leadership to be addressing the impact of mergers as part of their strategic planning. The NCUA has clearly pronounced the duties of… Read More

Wake-Up Call

Wake-Up Call for Merger

The recession of the last two years has been a wake-up call for the credit union industry. Despite the continuing troubling signs in the economy and for individual credit unions’ financial performance, credit union boards and management keep… Read More

8 Factors of a Successful Merger

In our work with credit unions, we’ve uncovered these crucial factors in managing a successful merger.