Items Tagged with 'merger'

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A Merger of Equals

Perhaps the most challenging merger involves two CUs of similar size.
Mergers of credit unions, especially those of relatively equal size, can be difficult because the partners often struggle with leadership, governance, and cultural issues.


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The CFO’s Merger Role Expands

CFOs are expected to take a leadership role in the merging CUs’ cultural transformation.
In the past, the CFO focused solely on financials during mergers. That’s no longer the case.
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Western CU Leagues Approve Merger

Arizona, Colorado, and Wyoming CUs vote in favor of a three-way merger.

Move creates the new Mountain West Credit Union Association.


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NCUA Rule Requires Board Financial Literacy

Rule also addresses CU-to-bank mergers and charter conversions.
The NCUA Board approved a final rule clarifying credit union directors’ fiduciary duties and providing additional provisions for insured credit union conversions and mergers.
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People Mergers

Corporate culture changes when two CUs combine
What's the big deal about mergers? Your credit union has checklists for: to-do items, systems the merging credit union uses, its phone system, products and services, rates, number of members, select employee group locations, and so on.
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