Growth Strategies

Learn five key considerations for credit unions looking to initiate a merger.

Despite consolidation industry wide, CU growth continues to trend positive as they serve more members than ever before.

More than 1,000 CUs have been acquired by others through mergers since 2014.

CEO Kevin Jones hopes to buy more financial institutions to achieve the CU's growth goal.

"We believe Elevate Credit Union provides a foundation for growth in the years ahead."

The NCUA approves only 29 mergers in Q1 2019 - the lowest number of consolidations over the last five first quarters.