Why Credit Unions Are Buying Community Banks Faster Than Ever

More than a quarter of the bank acquisitions in the U.S. this year were by credit unions, but these acquisitions often come with challenges.

THE FINANCIAL BRAND

Why Credit Unions Are Buying Community Banks Faster Than Ever More than a quarter of the bank acquisitions in the U.S. this year were led by credit unions. While it seems a win-win for the banking public, these transactions come with steep challenges post-merger, like culture, customer retention and compliance. Critics — including some prominent voices on Capitol Hill — say the deals create unhealthy competition. READ ARTICLE The insights you need to help you refine your strategy are available now in the all-new 2024 Strategy Benchmark. Empower Your Staff and Customers With the Right Data This insightful webinar, Inspiring Buy-In: Transforming Member Experience Through Data, bridges the gap between data and actionable insights. Watch now. Unlocking Success: Industry Clouds for Personalized Experiences: IDC InfoBrief Discover how industry clouds can drive resiliency in your business. Click here to learn more.

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