What Cooperative Owners Should Know When Their CEO Buys a Bank
When credit unions buy banks, using their members’ cash as the means of sale, credit unions have a responsibility and obligation to disclose information to their member-owners, says Chip Filson.
A Conversation About the Times
Chip Filson shares the outcome of a long conversation with a credit union CEO on the industry shift from member-focused organizations to growth-driven ones, and how the industry can start shifting back toward its cooperative foundation.
Credit Unions Need Mergers and Acquisitions to Grow and Technology to Sustain It
In a desire to expand, credit unions have been acquiring community banks and growing their reach. Alex Jimenez explains why these institutions will then need the technological capabilities to back those mergers and acquisitions up and maintain their members.
What Are the Drivers for CUSO Merger and Acquisitions Success?
Chief Financial Officer of CU*Answers, Bob Frizzle, discusses the incentives that push CUSOs into investing in mergers and acquisitions and which motivations will yield the most success.
