Jefferson Financial CU CEO expects another vote from Main Street Financial members in late 2012 or early 2013.
In a rare case of reversals, two proposed credit union mergers–one an interstate pact in the Northwest and the other involving Louisiana CUs–were called off last week as a result of member opposition.
CEO of suburban New Orleans CU says "we'd like to get another shot" at merging with Baton Rouge's Main Street Financial.
In addition, culture differences among employee groups must be carefully considered to avoid missteps, according to a key participant and an industry consultant.
Main Street Financial turns down Jefferson Financial from New Orleans suburb, second merger failure reported this week.
Knowledge is critical to any profession, and no doubt paramount to financial services as the industry evolves. But I am also a strong believer in building long-lasting relationships.
Stuart Levine, chairman and CEO of Stuart Levine & Associates, joined Credit Union Times ON AIR to talk about the reality of the NCUA's new regulation and how it will impact federal credit unions.
I was reading through editorials by my predecessors as I was preparing to write this week's column, looking for inspiration.
Credit unions could use a charismatic leader right now. Who is going to rallies the troops to get this splintering industry to-well-cooperate
I recently attended the NAFCU Chief Executive Officers Conference in Savannah, Ga., and the last speaker on the agenda was NCUA General Counsel Robert Fenner.