Main Street Financial

  • Mergers Nixed by Member Votes

    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.

  • Rejected Mergers Pinned on Communications Mistakes

    In addition, culture differences among employee groups must be carefully considered to avoid missteps, according to a key participant and an industry consultant.

Advertisement. Closing in 15 seconds.