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Merging with another credit union is one of the most important decisions a CEO will ever make. But what is even more critical is how the consolidation was carried out from start to finish and whether the move ultimately proved beneficial.

Credit union CEOs who oversaw mergers about a year ago took a look back at why they decided to merge and how their operations have performed.

Since its humble beginnings in 1937 operating from a desk drawer in the administration building, Michigan State University Federal Credit Union grew organically by opening de novo branches. All of that changed more than a year and a half ago.

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Peter Strozniak


Credit Union Times

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