The boards of the Kansas Credit Union Association and Missouri Credit Union Association said Monday they have signeda letter of intent to develop the framework for a proposedconsolidation of the organizations.
Don Cohenour, president/CEO of the Missouri association, said heand Marla Marsh, president/CEO of the Kansas association, have beentalking about a possible consolidation for about a year.
About three months ago, the associations formed a jointcollaboration task force to explore the possibility ofconsolidation. After meeting twice, the task force gave the greenlight to develop a business plan that will detail how the newassociation would operate and how it would be governed.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 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.
