Since the industry's consolidation began decades ago, credit union professionals have forever argued whether mergers are good or bad for the movement.
A recently released white paper from a team of third-year students at the Southeast CUNA Management School program that weighs both sides of this salient issue contains new and perhaps groundbreaking industry research that answers what may be the most important question about consolidations: Whether mergers fulfill the original mission of the movement of adding value and improving the financial lives of credit union members.
"As we began to explore the existing data for this project, however, we noticed that there was a sizeable gap in the research that had been done regarding mergers and consolidations within the credit union industry," the authors wrote. "While there were plenty of articles and op-ed pieces that levied opinions about the merger trend, there was very little quantitative data related to how these mergers affected the member experience."
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
