Sure, Ready Player One and Black Panther are popular in movie theaters, but down at the Credit Union Bijou it’s CUTomorrow: The Movie Preview that’s drawing crowds.
In addition to explaining the filing requirements for credit union mergers, the Hart-Scott-Rodino Antitrust Improvements Act (HSRA) requires an annual update to the FTC premerger notification threshold.
Get ready, because while you’re looking at that shiny object over there…
Credit unions have long been a financial institution of choice because of the lower rates, superior member service and community focus they provide. More and more, however, the marketplace is changing.
Before tackling this week’s interesting mix of items from CU Land, including CU-people-turned songwriters, how this year’s March Madness Cinderella was compared to a credit union, and what’s happening in mergers outside CUs, I want to thank Harland Clarke for becoming the latest company to sponsor CUToday.info’s CUTomorrow Conference.
Within the financial services sector, it is fair to say there is an upswing in the number of mergers and acquisitions, and industry metrics tell us this trend will continue in the coming years.
If our industry had its own Loch Ness monster, we would call it CECL, and we’d all be waiting for the first official sighting.
Kayla Guerrero had never heard of Credit Unions for Kids, or even the Children’s Miracle Network for that matt
NCUA approved 20 mergers during January 2018, which was an increase from the eight in December of 2017.
Secondary capital has been available to low-income credit unions since 1996, but it has seldom been used by larger, healthy low-income designated institutions seeking to fuel growth, revenue and service to members.