Posted on May 18, 2016 by
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For many business leaders, part of the American Dream is creating a company that is so successful it will one day be sold to a larger entity. While this goal is seen as part of a strategic investment… Read More
Posted on August 31, 2015 by
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The World Council of Credit Unions reports that the average age of members to credit unions is 47 in U.S. This makes drawing in Millennials more important than ever as aging members reach retirement. With current membership in… Read More
Posted on February 27, 2015 by
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On the whole, credit unions are well known for taking care of not only their members, but their employees, too. There are all sorts of reasons for that, of course, with one of them being that employees who… Read More
Category: Insights Tags: benefits, compensation, credit union, Credit unions, employees, Employees Win, Growth, Merger, mergers, ranking, salary, The 4 Wins, top 10 credit union employers
Posted on February 5, 2015 by
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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
Category: Blog, Industry News Tags: 2014, acquisition, credit union, credit union merger, credit union mergers, Credit Union Mergers 2014, financial performance, Merger, Merger News, NCUA Merger Approvals, stats
Posted on January 15, 2015 by
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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
Category: Blog, Industry News Tags: acquistion, credit union, credit union merger, Credit Union Mergers 2014, CU, FCU, Industry News, M&A, Merger, Merger & Acquisitions, merger approvals, NCUA
Posted on November 28, 2014 by
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The NCUA approved 28 mergers in October 2014 which is the second highest merger approval rate for the year. The combined assets of the merged credit unions are $458 million. The mean and median assets of merged credit… Read More
Category: Blog, Industry News Tags: American Heritage Credit Union, American Nickeloid Employees Credit Union, Anheuser-Busch Employees Credit Union, Augusta Metro Credit Union, Bayport Credit Union, City Credit Union, Connex Credit Union, credit union, Credit Union Mergers 2014, Credit Union of Southern California, Credit unions, CU, Directions Credit Union, Fire Star Credit Union, Firefighters Community CU, Georgia's Own Credit Union, Horizon CU, Houston Credit Union, Industry News, Land of Lincoln Credit Union, Merger, Merger News, mergers, Michigan First Credit Union, Monroe County Community Credit Union, Mountain America CU, PCM Credit Union, Peidmont Advantage Credit Union, Red River Employees Credit Union, Southeastern Credit Union, St. Agnes Credit Union, Tennessee Valley Credit Union, UFCU, United Community Credit Union, Washington Gas Light Credit Union
Posted on October 22, 2014 by
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The NCUA approved twenty (20) mergers in September 2014 which is down slightly from the previous two months. The combined assets of the merged credit unions are $393 million. The mean and median assets of merged credit unions… Read More
Category: Blog, Industry News Tags: Alliant Credit Union, Belco Community Credit Union, Bowater Employees Credit Union, Community Star Credit Union, Corporate America Family Credit Union, Credit Union Mergers 2014, Credit Union of New Jersey, Erie Credit Union, Glacier Hills Credit Union, Great Lakes Credit Union, Hawaii Central Credit Union, Inova Credit Union, ISU Credit Union, Kearney Credit Union, Lafayette Schools Credit Union, Luso-American Credit Union, Members Credit Union, MembersFirst Credit Union, Merger, Merger News, mergers, Navy Federal Credit Union, NCUA, NCUA Approved Mergers, Nupath Community Credit Union, Self-Help Credit Union
Posted on October 14, 2014 by
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Credit Union 2.0: An Opportunity to Build Collaborative Partnership is an outstanding report by Filene Research Institute provided courtesy of the Credit Union Times. This report shows the power of collaborative mergers within the credit union movement.
Category: Blog Tags: Collaboration, credit union, Credit Union Strategy, Credit unions, Filene, M&A, Merger, Merger of Equals, mergers, Mergers and Acquisitions, Partnership, Three-Way Merger
Posted on September 30, 2014 by
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Strategic planning season once again upon us. It is occasionally helpful to take a big step back from the annual planning cycle and truly contemplate the long term future of the credit union industry and the strategic implications… Read More
Category: Insights Tags: 2014, 2033, Asset Growth, Average Assets, Consolidation, credit union trends, Credit Union Wins, Credit unions, CU, CUNA, Economies of Scale, Economies of Scale; Risk Diversification; Geographic Expansion; Economies of Scope; Critical Mass, Financial Forecast, forecast, Growth, Merger, mergers, NCUA, outlook, prediction, predictions, Projections, The 4 Wins, trend
Posted on September 3, 2014 by
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Two credit unions with assets exceeding $300 million (Endura Financial CU & State Employees CU) were among the 25 credit union mergers approved by the NCUA in July 2014. The merged credit unions represented over $1 Billion in assets. Three-quarters of the credit unions sited expanded services as the reason for growth.
Category: Blog, Industry News Tags: Advia, Aloha, Alton & Southern Railroad Employees, American Meter Employees, Ameritas Employees, Bethel Community, Boulder Municipal Employees, California Community, Carus Employees, Catholic & Community, Central Minnesota, Central Washington, Community Financial, Connexus, credit union, Credit Union of Southern California, Credit unions, CU, EDCO Community, Endura Financial, FCU, Financial Plus, First Florida, GESA, Greater Institutional A.M.E. Church, Greater West Haven, Greenleaf Employee, Hawaii USA, IBW Employees, Industry News, Interstate, Marine, Meadville Area, Membersown, Merger, Merger News, mergers, Mobility, Moorhead Teachers, Mountain Laurel, Nail Workers, NCUA, NE PA Community, Paducah City Employees, Piney Grove Community, River City Community, Robins, Sherwin Williams Employees, Signet, Southland, Southwest Michigan, State Employees, TCC, Tri State Rail, US Alliance, Wacopse, Western Valley, Westside Employees, Wright-Patt
Posted on September 2, 2014 by
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The NCUA’s Office of Small Credit Union Initiatives will host a free webinar on mergers on Wednesday, September 17th, 2014.
Posted on July 15, 2014 by
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As a credit union’s potential expands, they have the ability to make a greater impact in the community.
Posted on August 1, 2010 by
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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
Category: Insights Tags: acquiree, Board, credit union, credit union directors, Credit Union Mergers 2014, CUES Article, financial troubled, Insights, Member, Mergee, Merger, Volunteer
Posted on July 18, 2004 by
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In our work with credit unions, we’ve uncovered these crucial factors in managing a successful merger.