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

Credit Union Mergers – May 2016

NCUA Approved Credit Union Mergers May 2016. Attribution: Anna Jedynak / Shutterstock.com

Mergers approvals were down by half in May.  NCUA approved 10 mergers in May 2016 which are down from 20 the previous month. The number of mergers are down and the combined assets of merged credit unions are… Read More

Credit Union Succession Planning Options

Credit Union Succession Planning Options

From the very day a credit union is founded, planning for the future should always be on the agenda. While the economy will certainly hit ebbs and flows along the way, a successful credit union will have plans… Read More

Credit Union Merger Approvals – November 2015

Credit Union Mergers November 2015

Similar to last month the NCUA approved 19 mergers in November 2015, which is down from the 22 mergers in October of last year. The combined assets of merged credit unions is up nearly $50 million compared to… Read More

5 Tips For How Digital Marketing Can Help Your Credit Union Generate Loan Growth

Digital Marketing of Credit Union Loans - Merger as an Option

It’s a simple fact of life that virtually every successful credit union focuses on loan growth as a major strategic priority. Of course, the challenge lies in finding cost-effective and efficient ways to gain that growth in quality… Read More

Top 20 Credit Union Mergers 2014

Largest Credit Union Mergers 2014

The 20 largest mergers approved by the NCUA in 2014 accounted for nearly $3 billion in assets.  This represented nearly 20% of the assets of the credit unions they merged into (continuing credit unions).  Mergers of equals are… Read More

January 2015 Merger Approvals

The NCUA approved 21 mergers in January 2015 which is up from the 12 mergers in January of last year. While credit union mergers continue to be primarily smaller credit unions, the January numbers were an aberration from… Read More

NCUA Approves 19 Mergers in December

The NCUA approved 19 mergers in December 2014 which is up from the 28 mergers in December of last year. Very small, boutique credit unions were absorbed in December.  The combined assets of the merged credit unions are… Read More

Are Mergers a Good Thing for Credit Union Members?

790 KGMI Radio Guest Host Mike Hudson recently invited Glenn Christensen, President of CEO Advisory Group, to participate on the show Saturday Morning Live.  Glenn and Mike discussed the credit union industry growth and how members and employees… Read More

NCUA Approves 22 Mergers in November

Credit Union Merger Approvals In November 2014

The NCUA approved 22 mergers in November 2014 which is up from the 17 mergers in November of last year. The combined assets of the merged credit unions are $434 million.  The mean and median assets of merged… Read More

Merger is a Win for the Community!

Community Wins

Community wins in First West Credit Union’s and Island Savings’ recent announcement of intention to establish endowment in conjunction with their proposed merger.