How to Make Your Credit Union Merger Less Stressful

Needham Bank, a Massachusetts-based community bank, completed the merger with BankProv, a full-service commercial bank, for $211.8m. BankProv (led by Joe Reilly) was advised by Piper Sandler and Luse Gorman, PC. Needham Bank (led by Joe Campanelli) was advised by Stifel Financial Corp., KBW and Nutter (led by Michael Krebs). https://lnkd.in/dEANKtQ2 #MergersAcquisitionsDivestitures #Banking #USFinance

HBT Financial Expands Midwest Footprint with $170 Million CNB Bank Shares Merger https://lnkd.in/ejswE274 #SmallCapStocks #BankingMerger #MidwestFinance #CommunityBanking #HBTFinancial #CNBBank #MergersAndAcquisitions #FinancialNews #Investing #Channelchek

When two credit unions merge, the real challenge starts after the signatures are dry. Different systems. Conflicting data. Pressure to keep everything running while members expect more, not less. https://bit.ly/3LaI71T We get it — it’s a lot. Merging institutions means balancing growth and stability, innovation and integration. But it’s also a rare chance to modernize without losing what makes your credit union strong. Across Canada, we’re seeing credit unions turn mergers into momentum — launching new products mid-transition, unifying operations, and building the foundations for future growth. In our latest article, we unpack how forward-thinking teams are doing it and what’s working right now. 👉 Read the full story: https://bit.ly/3LaI71T #CreditUnions #CoreModernization #DigitalTransformation #BankingTechnology #FinancialServices #PortfolioPlus #CreditUnionLeaders

Mergers aren’t just about signing agreements—they’re about creating a stronger future. The transition can be complex, but it’s also an opportunity to modernize, innovate, and deliver more value to members. Great insights here on how credit unions across Canada are turning challenges into momentum. Worth a read! 👉 Read the full story: https://bit.ly/3LaI71T #CreditUnions #CoreModernization #DigitalTransformation #BankingTechnology #FinancialServices #PortfolioPlus #CreditUnionLeaders

Credit unions: it’s time to stop celebrating mergers and start celebrating meaningful change. Legacy cores, siloed data, and “the way we’ve always done it” are costing small and mid-sized institutions their independence. Since 2020, the number of federally insured CUs fell from 5,099 → 4,370 (Q4’20 to Q2’25) — a loss of 729 institutions driven largely by consolidation. Mergers alone totaled 128 (2020), 163 (2021), 177 (2022), 146 (2023), ~162 (2024), with ~80 in 1H’25 already approved. And beyond mergers, NCUA recorded 5 liquidations in 2023 and at least 1 in 2024 by mid-year. The path forward isn’t another merger. It’s modernizing. • Retire legacy systems and break silos. • Rebuild around member journeys (not org charts). • Strengthen contact centers, identity, and data—then integrate. • Get help from trusted experts who will stand by the work. If you lead a CU under $1B, you don’t need a megabank budget to deliver a megabank experience. You need a plan and a partner. If you’re ready to challenge the status quo, let’s map a practical, phased digital roadmap for your credit union. (No rip-and-replace. Real progress.) Contact our Team: (844) 226-9300 Info@digitalfi.com #CreditUnions #DigitalTransformation #MemberExperience #StayIndependentStayRelevantStayReady #DigitalFI

Bank Merger Expectations — A Step Toward Stronger Financial Ecosystem The banking industry is once again abuzz with talks of potential mergers and consolidations. While such discussions often create curiosity and speculation, the larger picture points toward a more resilient, efficient, and competitive financial system. Mergers bring both opportunities and challenges — ✅ Better capital strength and improved risk management ✅ Wider customer reach with enhanced technology integration ✅ Streamlined operations and cost optimization But they also require careful handling of employee integration, cultural alignment, and customer trust. As someone from the banking industry, I see these developments as a strategic move to strengthen the foundation of our financial institutions — ensuring stability, scalability, and sustainability in an evolving digital and regulatory environment. Change is never easy, but when guided by a clear vision, it leads to growth. Let’s watch how the future unfolds — one merger at a time! #BankingSector #FinancialInclusion #BankMerger #BankTransformation #PublicSectorBanks #DigitalBanking

Comptroller of the Currency Jonathan Gould said his agency is committed to promptly reviewing potential bank mergers, adding that such deals could be "quite valuable" to the financial system. By Peter Schroeder at The Clearing House annual conference. Gould also said that he is looking to ensure that large banks have abandoned previous policies that may have contributed to "debanking" of certain industries or clients. https://lnkd.in/erSgsVXw https://lnkd.in/ehCwK9t2

FirstSun, a bank holding company owning or controlling one or more banks, agreed to merge with First Foundation Inc., a relationship bank specializing in personalized banking solutions, in a $785m deal, according to press releases. FirstSun (led by Neal Arnold) is advised by Stephens, ThroughCo Communications (led by Elliot Sloane) and Nelson Mullins Riley & Scarborough. First Foundation (led by Tom Shafer) is advised by Jefferies, KBW and Alston & Bird, according to press releases. https://lnkd.in/dFmgQJt8 #MergersAcquisitionsDivestitures #Banking #Finance

#BarackFerrazzano Financial Institutions Group served as legal counsel to CNB Bank Shares, Inc., in its definitive merger agreement with HBT Financial, Inc., whereby CNBN will merge with and into HBT in a combined common stock and cash transaction #MergersAndAcquisitions #Banking #FinancialServices #LegalCounsel https://lnkd.in/diajTCWb