Digital Is Becoming More Important in Merger Considerations

Digital has been an absolute game-changer in the financial services market. Credit unions in the aggregate are doing a fine job keeping pace with the competition, offering comprehensive online banking services, responsive mobile apps, and the latest technology… Read More

Does Your Board Governance Provide a Framework for Addressing Mergers?

Bridge - Board Governance in Merger

Most important decisions in life require a framework from which you can understand the full picture and gain insights regarding the pros and cons of the pathways that lay before you. This is certainly true in the credit… 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

Why Credit Unions Should Be Terrified!

Why Credit Unions Should Be Terrified

New Research Results and Why Credit Union PERSONAs should be Terrified! Last article, we highlighted our new research on the Financial Industry.  In it, we demonstrated how having a great NPS is NOT an indicator for future growth…. Read More

Top Financial Industry Performers Win with Intelligence

Customer Centricity

The onslaught of fintech on traditional financial institutions (FIs) continues at a dizzying rate.  In Q1 of 2017 alone, $2.7B was invested in 226 deals.  Those fintech firms creating significant disruption in the financial sector have built their… Read More

Should Credit Unions Grow For Growth’s Sake?

Growth for growth's sake

“We don’t want to grow just for growth’s sake.” It’s a comment I almost always hear during strategic planning sessions, and it reveals a potentially disastrous mindset. Growth isn’t an option to consider, but a necessity to start… Read More

Considerations for Adding a Merger to Your Credit Union’s Growth Strategy

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

7 Elements of a Strategic Growth Plan

7 elements of a strategic growth plan

Strategic organizational growth doesn’t happen by accident, or without plenty of care and nurturing. This is especially true with credit unions, where members benefit from growth, not third-party stockholders. Creating an intentional and forward-thinking strategic growth plan is… Read More

6 Growth Strategies for Small & Medium Credit Unions

Credit Union Growth

Sustained growth can seem insurmountable as a small credit union or medium-sized credit union in a large market. Nearly 80% of industry membership growth is attributed to the 435 credit unions with over $500 million in assets according… Read More

Does Your Credit Union Need to Reinvent Its Swing?

Despite overwhelming success early in his career on the tour, Tiger Woods willingly took the risk of overhauling his swing in order to take him to the top of his profession. As credit unions enter the strategic planning process this year, credit union leaders also have the opportunity to reinvent their business strategies in order to take their credit unions to the next plateau of performance.