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Merger Considerations Under the New Merger Rules: Who Gets What & When

Sep 22 2:00 PM - Sep 22, 2022 3:30 PM
Sep 22, 2022 2:00 PM - 3:30 PM
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It seems like if you blink twice there’s been another credit union merger. Mergers and membership are both on the rise. In response, the NCUA recently issued new merger rules that include new model forms and additional disclosures. It’s critical for the board and senior management to understand the potential ramifications – both positive and negative – and regulatory landscape. Learn more about the new requirements and merger opportunities and tripwires.

Learning Objectives

  • Effectively identify merger candidates
  • Develop a pre-merger due diligence plan
  • Create unique merger proposals
  • Navigate the merger regulatory roadmap
  • Draft the required member disclosures
  • Distinguish federal/state charter merger requirements
  • Recognize merger agreement landmines and opportunities
  • Appreciate post-merger integration and culture management

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. 



David A. Reed, Reed & Jolly, PLLC

Attorney, author, consultant, and nationally recognized trainer, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.

A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy. 




Your registration includes unlimited locations, making it easier to share and learn with remote staff.

Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.

Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Executive Management
  • Compliance
  • Board Governance