In a recent press release regarding the merger of two credit unions in which a smaller credit union merged into a much larger credit union, the leadership of the smaller credit union referenced a familiar merger catalyst: Continue reading “HealthScore Chart of the Week: Merging Credit Unions”
Originally published January 22, 2013 on CUinsight.com.
Mergers seem to be a plank in the strategic plans of almost every credit union I’ve worked with lately. Whether to merge is an important strategic decision requiring a significant amount of deliberation and debate. While much of any discussion on mergers will be unique to the credit union doing the talking, a few important considerations are common to every credit union contemplating a merger:
This week’s HealthScore Chart of the Week focuses on a credit union merger of equals, specifically looking at the comparison of credit union HealthScores pre- and post-merger.
Continue reading “HealthScore Chart of the Week: A Merger of Equals”
Credit union strategy consultant Tom Glatt, Jr. was quoted in the June 19, 2013 issue of Credit Union Times Magazine in an article entitled “Cascade FCU Backs Up No Merger Vow With Cash If It Reneges.” The article, written by correspondent-at-large Eileen Courter, explores the Cascade FCU decision to pay its members $100 should it decide to change its name, alter member account numbers, or close a primary branch.
Continue reading “Glatt Consulting’s Tom Glatt, Jr. Quoted in CU Times Merger Article”
Credit union strategy consultant Tom Glatt, Jr. was quoted in an February 22, 2013 article by Credit Union Times’ Correspondent-at-Large Robert McGarvey. The article, headlined “Mergers Will Continue to Cull the CU Herd,” focuses on the declining numbers of US-based credit unions.