Last week Capstone Managing Director John Dearing had the opportunity to attend the 2016 NACUSO Annual Conference on April 4-7, 2016. Over 400 people attended the Las Vegas event, exchanging ideas and listening to industry experts. Conference topics included investment services, insurance services, innovation and operations, technology, member business lending, mortgage services, and business development. Erik […]
Credit Unions and CUSOs
Insights on proactive growth programs and strategic mergers and acquisitions for credit unions and CUSOs.
It’s no surprise that credit union consolidation continues; it is estimated that there were 65% more mergers in 2015 than in 2000. Overall, there were about 15% fewer credit unions in 2015 than in 2011. While there are fewer players today than in previous years, the credit union market is not shrinking or in decline. […]
Strategic mergers and acquisitions can be a powerful tool for growing your CUSO, but much of your success depends on finding the right partner. How can you identify the right partner for growth? The best way to begin your search is to identify the ideal markets in which to grow your organization. Once you have […]
Credit unions’ traditional use of consolidation as one way to grow is a trend likely to rise over the next five years, according to industry experts. While the percentage of these deals climbs, there actually are fewer mergers because there are fewer credit unions. There were 4% fewer credit unions in September 2015 than one […]
Credit union consolidations are on the rise in 2015, continuing a trend from previous years. There were 14% fewer credit unions in March 2015 than there were in March 2010, according to data from CUDATA.com. As credit unions consolidate, the number of smaller credit unions is decreasing while the number of large credit unions between $100-$500 million and over […]
Aloha! We hope you have been enjoying these last few weeks of summer. Our very own Managing Director, John Dearing, recently returned from Maui, Hawaii, where he spoke at the National Credit Union Directors Conference hosted by CU Conferences on August 12 -15. John presented “Strategic Mergers and Acquisitions: Exploring External Growth” in two parts […]
Credit unions have in the past year or so embraced strategic mergers and acquisitions with fervor. This was especially evident at the CUES Execu/Summit I spoke at last week. While strategic M&A in the credit union industry is not new, I’m excited about the enthusiasm that now surrounds the topic. Capstone has been active in […]
John Dearing, Capstone Managing Director, was asked to write an op-ed for the Credit Union Times about the ways that credit unions can find additional sources of non-interest income. I’ve included part of John’s article below: Every industry faces change and the credit union industry is no different. Market developments and new regulations are challenging credit unions […]
Many credit union leaders are taking a closer look at strategic M&A as a way to accelerate company growth. Capstone Managing Director John Dearing spoke to a packed room of credit union CEOs and board members at the “Reaching Your Members in the 21st Century” Conference hosted by CU Conferences in Las Vegas on November […]
Credit unions increasingly are using M&A as a growth strategy. According to NCUA data, 90% of mergers in recent years have been voluntary and have realized greater success than involuntary mergers. “Properly planned and executed, mergers can continue the core mission of your credit union,” said Dominic Carullo, NCUA Economic Development Specialist on NCUA’s recent […]
Successfully executing a deal can be tricky, even if you already know the acquisition prospect. In fact, your existing relationship may complicate the deal. Acquiring a company that you’ve worked with can make it difficult to objectively evaluate the opportunity. Bonnie Ciuffo, President of South Carolina Financial Solutions (SCFS), and John Dearing, Capstone Managing Director, […]
Non-interest income is a hot topic in the credit union industry. Check out Capstone’s infographic on non-interest income below. Click on the image for a closer look. How can you generate more non-interest income? Many credit unions and CUSOs are turning to external growth and mergers and acquisitions to generate more non-interest income. Find […]
I was invited to write an op-ed for the Credit Union Times for their focus report on growth strategies. While there are a variety of options to consider when exploring implementing new products and services to grow, credit unions can only grow by meeting the needs of future members. I offer five ways to pursue growth […]
Every company is for sale, for the right equation. This maxim applies to companies in any industry, including credit unions and CUSOs. In “CUSO Consolidation Should Begin With Benefits” the Credit Union Times reports insights from Capstone’s webinar with NACUSO presented by Managing Director John Dearing. Read the entire article here: “CUSO Consolidation Should Begin With Benefits.” […]
How can you quickly grow a CUSO? Consider acquisition. Acquisition or external growth is a powerful tool for any organization – regardless of industry. Often, acquisition is one of the quickest and most effective ways to grow. As CUSOs grow so do opportunities for business mergers and acquisitions. Yesterday, Capstone Managing Director John Dearing presented […]
Last Wednesday was an exciting day at the National Association of Credit Union Service Organizations (NACUSO) Annual Conference in Las Vegas. Capstone’s Managing Director, John Dearing, presented the talk “Entrepreneur/CEO: Mergers and Acquisitions in the CUSO World” during a breakout session at the conference. Acquisition is one of the fastest and most exciting ways to […]
