Posts Tagged ‘mergers’
Are you scared yet?
Halloween is just around the corner, so I started thinking about which scary novel to read this season. I thought about re-reading “The Shining” by Stephen King, but wasn’t sure I could keep Jack Nicholson’s face from invading my dreams. So I started thinking about even older classics like “Dracula” by Bram Stoker, or Mary…
Read MoreIn Case You Missed It (v32)
BIG NEWS in the credit union world! Plus, 4-day work weeks, a call for transparency, Student Loan confusion, Apple Pay Later, and the Erie Canal. We’ve got something to say about all of these, and more. Here’s what we noticed, in case you missed it: Remember the 4-day work week? Surprise, surprise, it seems like…
Read MoreQuick wins CUs can get done NOW
There are times when you need a few quick wins. Whether it’s budget season, or there’s another review with your boss and you just need to get some results and look good. Maybe you still haven’t gotten that list of To-Dos done, much less hit all those goals! OMG! It’s okay. Don’t panic. Simply take…
Read MoreIn case you missed it (Vol 8)
ICYMI: CUs either merging or buying banks, transparency that builds trust, and ideas you need to borrow. Here’s what we’ve seen recently that you may have missed: According to the media, CUs are crazily merging… So far there have been 74 mergers of CUs in 2021, which if it continues at that pace will break…
Read MoreCU mergers need marketing love, too
Even the smoothest credit union merger is a whirlwind of details. Of course, making sure the accounts transition smoothly is job #1, but merger partners also have to pay close attention to personnel, cultures, regulatory requirements and all the rest. No wonder it’s so easy to forget something very important – your members. Communicating with…
Read MoreDon’t merge without your members
If you have been part of the credit union world for any length of time, you know there have been a lot of mergers, even while greatly increasing membership and offering expanded benefits. And it looks like those merger trends will continue. Over the years, we’ve had the honor of helping several credit unions navigate these mergers. And we’ve…
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