The Kerryman Finn Group, LLC’s Post

There have been about 38 mergers per quarter for credit unions since March 2019. The low count of mergers was seeing during the COVID-19 recession at 25 on June 2020 and a high of 59 was seen in September 2022. It seems like less mergers take place when times are bad. In March 2024, we saw 26 mergers (close to the historical low), but it jumped to forty-nine (49) mergers in September 2024 (higher than the historical average). Next post will look at which credit unions have done mergers with a focus on the credit unions that perform the most mergers.

More coming. Several billion of assets needed for CU’s to be a relevent option as a financial institution for their membership . Technology gaps to secure network and protect data and the lack of digital banking capabilities require capital investment beyond the balance sheet capabilities of small CU’s. Are the boards seeking merger partners? It seems incumbent on them to be doing so.

Pre-transactional due diligence is an essential process that takes place before the finalization of a business transaction, such as mergers, acquisitions, or investments. #pre-transaction #duediligence #process #business #m&a

I am excited to announce that CUCollaborate is launching a merger network to help credit unions find ideal partners. I imagine that some people's reaction will be "ick," which I totally get. Mergers give me an "ick" vibe. I want there to be as few mergers as possible. CUCollaborate will always start by laying out a strategic plan for the credit union to thrive without a merger, however the sad truth is that sometimes mergers are necessary. If you accept that mergers are going to happen. The best thing I can think to do is work to prevent as many unnecessary mergers as possible and ensure that the necessary mergers find the best possible homes. I don't want to just blog about bad mergers or squawk on my itty-bitty LinkedIn soap box about how bad mergers are. And while I would be a huge fan of regulators requiring more rigorous disclosures to board members and credit union members, I won't hold my breath. Instead, I am focusing on providing acquirees, credit unions exploring being acquired through a merger, a service that ensures they act in the best interest of their members when selecting a merger partner. Our merger network is grounded in a rigorous data driven analysis we have developed to make sure the acquiring credit union is the best credit union to serve the acquiree's members’ financial needs. More to come on the details of the analysis… https://lnkd.in/eaphjmtr

New U.S. Merger Rules Would Weigh Heavily on Private Equity #PrivateEquity #LBO #Buyouts #MergersAndAcquisitions #Regulation #WhoIsJohnGalt https://lnkd.in/eemajw2T

Basic but important knowledge about types and strcutures of Mergers and Acquisitions. This field of law is also everchanging so it is important to remember basic aspects about them so as to remember what the field actually deals with and what advantages or disadvantages are presented when dealing with the law governing the matter. https://lnkd.in/gtCfgaC4

Competition watchdog ACCC to get a boost in powers making it easier to block 'harmful' mergers and acquisitions LINK: https://lnkd.in/eT5hFSih #BankingAndFinanceNews #MergersAcquisitions #MA #MandA Please Repost

Competition watchdog ACCC to get a boost in powers making it easier to block 'harmful' mergers and acquisitions LINK: https://lnkd.in/eVHdbjbw #BankingAndFinanceNews #MergersAcquisitions #MA #MandA Please Repost

🔍 Fit and Proper Check: SEBI's Watchful Eye on Intermediaries 🔍 Ever wondered why SEBI is so meticulous about the 'Fit and Proper' criteria for intermediaries? 🤔 It’s more than just a box-ticking exercise! This crucial check that ensures the integrity and trustworthiness. 📈💼 Discover how SEBI periodically reviews and enforces these standards, especially within the dynamic realm of mergers and acquisitions! 🏦✨ Our Partner CS Omkar Dindorkar hits the nerve and shares his views. Click for a detailed read: https://lnkd.in/dm7ZGsRk Stay informed and ahead of the curve! 🌟 #SEBI #FitAndProper #Intermediaries #MergersAndAcquisitions #CorporateGovernance #FinancialIntegrity #MMJCInsights #BusinessStandards

Pre-transactional due diligence is crucial for assessing risks, uncovering hidden liabilities, and ensuring the accuracy of financial information before finalizing a deal. #m&a #duediligence #risks #accuracy #financial #information