The Unnecessary Euthanizing of Credit Unions

The Unnecessary Euthanizing of Credit Unions

Your Marketing Co. CEO Bob McDonald responds to Todd Marksberry’s recent article on mergers, and argues that merging should be the last resort for financially viable “boutique” credit unions. Foresight and a solid succession plan should be the first order of business to protect the interests of the credit union’s members, instead of its managers.

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It’s Not About Growing Bigger, It’s About How We Can Grow Together

It’s Not About Growing Bigger, It’s About How We Can Grow Together

Credit union mergers have received a lot of negative attention in recent years. Canvas Credit Union CEO Todd Marksberry argues that mergers can be both a viable growth strategy and a means of better serving credit union communities.

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Do Small Credit Unions Matter? Should They? Will They?

Do Small Credit Unions Matter? Should They? Will They?

Does the disappearance of the “small” credit union signal bad things to come for the industry? Chip Filson looks at the trends and suggests setting our sights back on the small to restock the pond.

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Experts Predicting Doom: A Perennial Practice

Experts Predicting Doom: A Perennial Practice

Predicting the potential doom of a thing is easy. Predicting its certain doom is silly. Chip Filson suggests listening to doomsayers for warnings, then moving forward towards progress.

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Merger or Acquisition: The Importance of Word Selection

Merger or Acquisition: The Importance of Word Selection

Merger, acquisition, are they really that different? Chip Filson thinks so, and says bank acquisitions are not in the interest of existing members.

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Scale and the Law of Diminishing Returns

Scale and the Law of Diminishing Returns

What can Houston’s highway system teach credit unions? Chip Filson says sometimes seeking scale to solve perceived issues can have unintended consequences.

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The Myth of Efficiency and the Allure of Scale

The Myth of Efficiency and the Allure of Scale

Do mergers and bank purchases, by increasing scale, also increase efficiency and lower operating costs? Or are credit unions focusing on the wrong method? Chip Filson argues the latter.

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Strategy: How Important is Scale?

Strategy: How Important is Scale?

Are credit unions losing focus on what really matters in the never-ending pursuit of scale? Chip Filson considers where credit unions may be going astray as they prioritize growth over members.

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Peter Pan and Captain Hook in Credit Union Land

Peter Pan and Captain Hook in Credit Union Land

The credit union community seems divided by Peter Pans, who believe in a future for the cooperative model, and Captain Hooks, who see the end around every corner. Chip Filson sees this and asks, “Which one are you?”

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Mergers: a Credit Union Marketplace Trend

Mergers: a Credit Union Marketplace Trend

Mergers are a hot topic in today’s credit union world. Barb Cooper dives into how perception of mergers has changed over time, why a merger strategy might be beneficial, and what steps should go into ensuring success.

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