The latest from Deedee Myers

Dec 2, 2021 - by Deedee Myers, DDJ Myers

Keep the community relationships thriving post-merger

When two credit unions come together via merger, the main focus should be on doing what’s best for the members as well as the communities they serve. Members often ...

Nov 8, 2021 - by Deedee Myers, DDJ Myers

Growth by merger is not the only option

A strong rationale for credit unions to merge is as a means of achieving growth. However, mergers are certainly not the only way to grow. Credit unions also can achieve ...

Sep 22, 2021 - by Deedee Myers, DDJ Myers

What’s going on with mergers post-pandemic?

COVID-19 was the pervasive consideration dominating virtually all short-term and many long-term business decisions in 2020. Among the questions that many credit unions asked during the early months of the ...

Aug 25, 2021 - by Deedee Myers, DDJ Myers

How the pandemic has impacted merger rationales

Economies of scale have always represented a strong reason for credit unions to pursue mergers, and since the emergence of COVID-19, the rationale for achieving cost efficiency has become an ...

Jul 29, 2021 - by Deedee Myers, DDJ Myers

“Who shall lead” is a key merger question

The viability of a credit union merger frequently hinges on the question of leadership. A strong CEO is vital to the success of the post-merger organization, but so, too, is ...

Jul 8, 2021 - by Deedee Myers, DDJ Myers

Realigning the board after a merger

Of all the major decisions that loom in the wake of a credit union merger, perhaps none is fraught with more political and interpersonal ramifications than what the board of ...

Jan 11, 2021 - by Deedee Myers, DDJ Myers

Stuck between gears

A couple of weeks ago, I pulled my bike off the garage wall, checked the tires, and started for a leisurely ride without a chartered destination. My goal was to ...

Dec 17, 2020 - by Deedee Myers, DDJ Myers

Interviewing in a box: Weird and necessary

Interviewing for a CEO job is not something you do every day. Even before the pandemic, interviewing for a CEO role created anxious moments for both candidates and board members. ...