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Total assets at credit unions reached a record high of $1.4 trillion at year-end despite a drop in the number of institutions.
Five can’t-miss data points this week on CreditUnions.com.
Eight mergers in 11 years helped this Michigan credit union develop best practices in mapping core data during a conversion.
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Payouts to senior managers after the PenFed takeover of Belvoir FCU also show need for transparency.
Five can't-miss data points featured this week on CreditUnions.com.
Deciding whether, and with whom, to merge can be tricky. Use this list to spark conversations that will lead to a deeper understanding of the benefits, drawbacks, and other implications.
While the NCUA and the industry examines the merger process, maybe it’s time to consider providing a way for credit unions considering going away to save their value and re-deploy it for the common good.
A Keystone State credit union vanishes to merger but not without a fight.
A look at one recent merger shows how information shared and withheld can influence the outcome: the disappearance of yet another credit union with a proud, long history.
The proposed NCUA rule would require payoffs to take place in the open, exposing merger deals to transparency before members give away millions in equity and member value.