Doug Petersen, president/CEO of the $880 million Workers’ Credit Union in Fitchburg, Mass., recalls asking the president/CEO of a small credit union why he chose Workers’ to consider a merger deal.
Mergers and acquisitions in the credit union industry are expected to continue for years to come and the focus on making them work needs to follow.
Credit Union Times hosting panel of experts in free session on topics including governance, managing both CEOs' visions and post-merger integration.
Over the past couple of weeks, bits and pieces have leaked out about a new commercial loan pilot program from Amazon Inc. and how the online retail behemoth’s entry into the small business lending could put credit unions, banks and other lenders on high alert.
Faced with the knowledge that the economy will not be improving in the foreseeable future, the Irish credit union community is looking for options to save as many credit unions as possible.
Faced with a struggling economy, the Irish credit union community is looking for options to save as many credit unions as possible.
For some small businesses, waiting the 30 to 60 days for a vendor to process an invoice and cut the check can quickly dry up cash flow.
NCUA spokesman confirms meeting cancellation was to delay release of rule so more work could be done. CUSO lawyer, NACUSO CEO approve.
Like many of its peers, iQ Credit Union had grown overwhelmed in keeping up with the rapid pace and myriad regulatory changes.
The timing of a collaboration between two of the industry’s well-known entities to fight employee dishonesty could not have come soon enough.