News

CEO Advisory Group Serves as Lead Advisor to Gulf Winds Credit Union on Acquisition of Peoples Exchange Bank

glennc@ceoadvisory.com (Glenn Christensen) — Sun, 27 Sep 2026 00:41:59 GMT

Second bank acquisition for Gulf Winds in 2026, ahead of its rebrand as TruWorth Credit Union

LAKE TAPPS, WA (September 28, 2026) – CEO Advisory Group announced today that it served as lead financial advisor to Gulf Winds Credit Union of Pensacola, Florida, on its definitive agreement to acquire Peoples Exchange Bank of Monroeville, Alabama, and its parent holding company, Peoples Exchange Bancshares, Inc. The transaction was announced on September 25, 2026.

Keeping Rural Florida Banked: Gulf Winds Credit Union to Acquire Madison County Community Bank

glennc@ceoadvisory.com (Glenn Christensen) — Wed, 26 Aug 2026 04:40:23 GMT

On August 25, 2026, Gulf Winds Credit Union of Pensacola, Florida — with more than $1.3 billion in assets and over 74,000 members — announced a definitive agreement to acquire Madison County Community Bank (MCCB) of Madison, Florida, and its parent holding company, Madison Community Bancshares Corporation. MCCB holds approximately $200 million in assets and serves its communities through two offices, in Madison and Perry.

San Francisco Federal Credit Union Completes Acquisition of Summit Bank, Marking California's Latest Credit Union–Bank Deal

glennc@ceoadvisory.com (Glenn Christensen) — Fri, 31 Jul 2026 00:35:20 GMT

San Francisco Federal Credit Union has completed its acquisition of Oakland-based Summit Bank, closing one of the most closely watched credit union–bank transactions in California and reinforcing a national trend of credit unions turning to bank acquisitions as a strategic growth pathway. The transaction, effective July 1, 2026, creates a combined institution with approximately $1.9 billion in assets, $1.0 billion in gross loans, and $1.4 billion in deposits, and represents only the second acquisition of a bank by a credit union in California. CEO Advisory Group served as financial advisor to San Francisco Federal Credit Union in the transaction.

CEO Advisory Group Advises Frontier Credit Union in Landmark Montana Bank Purchase

glennc@ceoadvisory.com (Glenn Christensen) — Sat, 07 Feb 2026 00:15:46 GMT

CEO Advisory Group announces the successful closing of Frontier Credit Union's acquisition of First Citizens Bank of Butte, a transaction for which CEO Advisory Group served as financial advisor to Frontier Credit Union. This historic transaction represents the first whole-bank acquisition of a Montana-based bank by a credit union and marks Frontier's expansion into the state for the first time.

Bank Acquisition Momentum Builds: San Francisco FCU's Summit Bank Deal Signals Continued Growth Trend

glennc@ceoadvisory.com (Glenn Christensen) — Thu, 24 Jul 2025 07:08:11 GMT

The credit union industry continues to embrace bank acquisitions as a strategic growth pathway, with the recent announcement by $1.3 billion San Francisco Federal Credit Union to acquire $4.5 million Summit Bank serving as the latest example of this accelerating trend. The all-cash transaction, expected to close in the first quarter of 2026, marks only the second credit union-bank acquisition in California, underscoring the growing sophistication of credit unions in pursuing inorganic growth strategies.

CEO Advisory Group Facilitates Strategic Acquisition

glennc@ceoadvisory.com (Glenn Christensen) — Fri, 09 May 2025 18:33:54 GMT

Frontier Credit Union to Acquire First Citizens Bank of Butte

CEO Advisory Group is pleased to announce our role as financial advisor to Frontier Credit Union in its strategic acquisition of First Citizens Bank of Butte, a transaction that marks Frontier's expansion into Montana.

CEO Advisory Group is Consultant to HVCU in Proposed Bank Acquisition

glennc@ceoadvisory.com (Glenn Christensen) — Thu, 11 Jan 2024 20:42:21 GMT

Hudson Valley Credit Union, headquartered in Poughkeepsie, New York, entered into a definitive agreement to acquire Kingston, New York based Catskill Hudson Bank on January 10th, 2024.

CEO Advisory Group is Lead Financial Advisor to Dort Financial CU in its Proposed Acquisition of Flagler Bank

glennc@ceoadvisory.com (Glenn Christensen) — Fri, 16 Dec 2022 01:38:48 GMT

Dort Financial Credit Union, headquartered in Grand Blanc, Michigan, entered into a definitive agreement to acquire West Palm Beach, Florida based Flagler Bank.

Are Mergers a Good Thing for Credit Union Members?

glennc@ceoadvisory.com (Glenn Christensen) — Wed, 28 Jan 2015 01:18:30 GMT

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 are benefiting. Glenn also shared data on how smaller credit unions are struggling to generate employment growth and increased compensation for employees. The show is available on podcast: