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”
We are back with new content for our Credit Union Industry HealthScore Chart of the Week series. Our HealthScore system calculates overall credit union health by scoring/grading performance across eleven different key ratios. This week’s HealthScore chart focuses on credit unions that closed, merged, or changed charters during Q3 2013, specifically looking at the distribution of credit union scores as compared to industry averages. Continue reading “HealthScore Chart of the Week – Closed 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:
Tom Glatt, Jr’s latest CUinsight article contribution, “Five Key Questions Credit Union Leaders Should Ask Themselves Before Making a Merger Decision,” is now online. The article explores key questions credit union leaders should consider as they contemplate merger strategy and opportunities. Tom is founder of Glatt Consulting and a strategy consultant for credit union’s nationwide.
Continue reading “Tom Glatt Jr’s Merger Questions Essay Now Available On CUinsight”
Glatt Consulting founder and credit union strategy consultant Tom Glatt, Jr. was quoted in a June 2012 article by Credit Union Times correspondent Jim Rubenstein. The article, headlined “Industry Survival: Cleansing Debate Heats Up,” focuses on whether NCUA philosophy is drying up the volume of credit union mergers.