Managing a Merger: From Consideration to Conversion

08apr9:00 amManaging a Merger: From Consideration to Conversion

Event Details


Ironically, the credit union industry is gaining more members with fewer institutions than ever before!  Few days pass without news of another credit union merger.  Recent statistics show that mergers have become a strategic tool used by both credit unions and regulators.  Some credit unions employ mergers as a strategic growth opportunity, others merge to survive by enhancing economies of scale, and others are “urged to merge” by anxious regulators.  Whatever the reason, mergers are an essential element of credit union life and have become a common occurrence in today’s complex financial reality.

New NCUA merger rules have changed the regulatory landscape and your credit union needs to be aware of the additional disclosure requirements and new model forms.  From the chief executive to volunteers, it is critical that everyone understands the potential, problems, and pitfalls of the merger process to navigate the current uncharted waters.  Every step of the process is heavily regulated, and any mistakes will cost time and money and potentially sink the merger.  This webinar will explore the positive potential, practical considerations, and technical elements of the merger process.


Attorney, author, consultant and nationally recognized trainer, David A. Reed is a partner in the law firm of Reed and Jolly, PLLC.  Through Reed and Jolly, Mr. Reed provides guidance to credit unions concerning a variety of matters including the establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters and corporate governance. In addition to his legal expertise, Mr. Reed is a Certified Fraud Examiner and Chairman of a Supervisory Committee.

A former trial attorney and Vice President and General Counsel of Apple Federal Credit Union, Mr. Reed is particularly noted in the areas of credit union operations, governance, security, bankruptcy and collections.  He has been selected to train federal and state field examination staff on numerous issues including BSA, Field of Membership, ID Theft Red Flags, S.A.F.E Act, Third Party Contract Management, Cybersecurity and Bankruptcy.



April 8, 2024 9:00 am(GMT-06:00)

Leave a Reply