So You Bought a Bank. Now What?
10/3/2024 12:33:07 PM
Baker Hill presents a guide to post-bank acquisition commercial lending risk for credit unions.
Mike Horrocks
As of the summer of 2024, 12 credit unions had entered into deals to purchase banks since the beginning of the year. That's more than all of 2023, when 11 deals were announced. These mergers are unusual in the sense that banks and credit unions don't typically see eye to eye on their go-to-market approaches, how they position themselves and what products they offer to meet their customer or members' needs.
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