Many credit union leaders are taking a closer look at strategic M&A as a way to accelerate company growth.
Capstone Managing Director John Dearing spoke to a packed room of credit union CEOs and board members at the “Reaching Your Members in the 21st Century” Conference hosted by CU Conferences in Las Vegas on November 11.
John talked about the strategic rationale for pursuing acquisitions and how they can be a powerful tool for growth. To be successful, credit unions must start with strategy and vision before jumping into deal execution. Throughout the M&A process, using tools for objective decision-making is also critical to moving forward in the right direction.
John drew on his experience of executing acquisitions and growth strategies with credit unions and CUSOs to provide useful suggestions for credit union leaders seeking acquisitions. Several conference attendees said the presentation provided extremely valuable information for credit unions that might be considering mergers and acquisitions.
“Reaching Members in the 21st Century” was hosted by CU Conferences, a leading conference provider for the credit union industry. About 70 conference attendees discussed the latest industry trends, from using technology, to adding value for members, to mergers and acquisitions.
If you a have questions about mergers and acquisitions for credit unions, contact Capstone today!
Read more about M&A for credit unions: Credit Unions Growing Through Mergers – Why You Should Too!