Credit Unions’ Acquisitions of Banks and Thrifts
Recently a large number of credit unions acquiring banks and have found this a timely strategy for increasing economies of scope and scale. This report examines this practice with interviews with acquiring credit unions' CEOs and a CAMEL analysis of the financial institutions prior to, and following acquisitions.
In association with this report, Filene created a podcast that features report author David Walker, Michael Bell, the legal council for almost every bank acquisition by US credit unions, and credit union CEO Gary Regoli, who has experienced several bank acquisitions. Listen to the podcast here:
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