Credit Unions: Commercial Bank Acquisition Considerations

Fitting Banks into a Credit Union Environment

Presented on November 2, 2022

Kristine Hoeflin, Partner, Tax Services
Ryan Sturgis, Partner, Financial Institutions Practice
David Giesen, Senior Managing Director, Ankura

With expanded commercial lending powers now available to credit unions, a commercial bank acquisition can do wonders for both balance sheet diversification and income production.

But, acquiring a commercial bank requires much advance work on the potential target bank and your credit union’s ability to manage and oversee a more sophisticated financial institution.

Watch our on-demand webcast, Fitting Banks into a Credit Union Environment, to learn more.

Related Topics

NCUA Alert Clarifies Accounting Standard for Federal Credit Unions

Federally Chartered Credit Union Update for Excess Compensation Tax

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