Growth Strategies

The Madison, Wis.-based organization announces its second major acquisition in less than a month.

Consolidations are substantially down from last year's third quarter; in the fourth quarter so far, four CUs complete mergers.

Favorable industry conditions, a well-traveled regulatory path and proven member focus will give CUs an advantage in the space.

Mergers have slowed considerably, but the pandemic's negative impact on earnings and capital positions may mean a greater number in 2021.

Consider how your CU might create new member benefits and more sustainable growth through a proactive M&A strategy in 2021.

CU leaders may look to data, aligned with strategy, to guide the decision-making and final outcomes of a merger.