PHOENIX–DDJ Myers has released a three-part series of white papers it said is designed to guide credit union leaders as they navigate the difficult roads surrounding mergers and acquisitions.
The series, “Credit Union Leaders Plan Post-Pandemic Merger & Acquisition Strategies” takes an in-depth look at the credit union landscape in a post-pandemic economy, according to the company.
Part One in the series, “Merger Considerations in the Post-Pandemic Age,” provides insight into the impact the global crisis had on the industry and how leaders can make a plan to move forward, DDJMyers said, adding that in the paper industry experts outline the benefits, risks and rewards to credit unions on both sides of the table.
"As we emerge from the pandemic and get back to ‘normal’, I anticipate the number of mergers and acquisitions among credit unions to increase significantly,” said Deedee Myers, CEO of DDJ Myers. “The entire industry was forced to pump the brakes and shift its focus. Now they can restart those conversations and with these whitepapers, they will have a strong roadmap to get them headed in the right direction,” added Myers.
Part II
Part two in the series, “Credit Union Leaders Plan Post-Pandemic Merger & Acquisition Strategies,” jumps into building a strategy when contemplating a merger.
While maintaining a focus on their members, leaders should examine the potential benefits including leveraging economies of scale, expanding their geographic footprint and adding to their talent pool, DDJ Myers said Experts from across the industry weigh in on possible benefits, obstacles, the importance of culture and much more in this in-depth report, the company added.
Download Part One here.
Download Part Two here.
Part three will be released soon, the company said.