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 the industry facilitating deals and developing strategic growth plans for over 10 years.
When we began working with credit unions in 2003, we found strategic M&A was on fewer people’s radars and that fewer credit union leaders understood the advantages of or even considered strategic mergers and acquisitions. Now, pressed by regulatory changes and marketplace dynamics, the tide is changing. I for one am very excited to see what new opportunities will become available as a result of embracing strategic deals.