Insight
Analysis for credit union boards and CEOs: quarterly merger data, independence and succession decisions, and bank acquisitions.
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CEO retirement · Insight · October 20153 Approaches to Succession Planning
Credit unions are facing an intense, competitive environment. Selecting a strong leader is paramount to the credit union's success. The skills required of a Chief Executi…
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Scale · Insight · October 2015Branches aren’t dead yet, invigorate your growth with mergers
Chances are growth strategies will once again be the central topic of discussion at your strategic planning session this autumn. You’ve heard the prediction “branches are…
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Member vote · Insight · September 20155 HR Due Diligence Issues For Your Credit Union Merger
No doubt you have examined the employee benefits of your credit union merger; noting the new organization will offer members better benefits and more opportunities. As yo…
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Member vote · Insight · September 2015What Are the Members' Benefits in a Credit Union Merger?
To those on the outside, a credit union merger can seem like a scary proposition. When you and your board position your credit union for a merger with another, one of the…
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Scale · Insight · August 20155 Strategies to Position Your Credit Union for Success with Millennials
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 ag…
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Scale · Insight · August 20155 Tips For How Digital Marketing Can Help Your Credit Union Generate Loan Growth
It’s a simple fact of life that virtually every successful credit union focuses on loan growth as a major strategic priority. Of course, the challenge lies in finding cos…
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Member vote · Insight · August 2015Wisconsin Credit Unions Merge with Great Energy and Enthusiasm
Two Wisconsin based credit unions have taken the steps to be better together. Community Credit Union, with $123 million in assets is merging into Verge, a Credit Union wi…
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Member vote · Insight · August 20155 Ways to Motivate Employees During a Credit Union Merger
Credit union mergers are common. According to the National Credit Union Association (NCUA), there were 19 mergers in May, 25 mergers in April, and 12 mergers in March. Th…
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Member vote · Insight · July 2015Sustaining Employee Morale and Productivity During Merger
Credit union mergers are tough proceedings, both for leaders guiding the process and employees who are anxious over potential outcomes. Employee anxiety can lead to loss …
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Remain independent · Insight · July 2015Role of Board of Directors in Strategic Planning
Directors of credit unions have the responsibility for setting the direction of the credit union and exercising overall control. As such, they are ultimately responsible …