Capstone will help NWUCA members develop and implement growth strategies
SEATAC, WA (October 20, 2017) — More than 180 Northwest credit unions have a new resource available to help them determine growth strategies, including collaborations, joint ventures, partnerships, and alliances.
The Northwest Credit Union Association (NWCUA) and its wholly owned subsidiary Strategic Link, have cemented a partnership with Capstone Strategic, Inc. (Capstone) that will provide member credit unions with special access to Capstone’s services.
“We are excited about our partnership with NWCUA. Through our collaboration, we can further our mission of helping credit unions grow,” said John Dearing, partner & managing director at Capstone.
“Capstone has helped numerous credit union and CUSO leaders develop, evaluate, and implement initiatives for growth,” Dearing added. The firm brings a unique perspective having successfully facilitated strategic growth programs for credit unions and deals for CUSOs as well as for companies in the for-profit world.
“John and Capstone Strategic provide excellent growth advice, corporate development, and other industry aligning services relevant to NWCUA member credit unions. We are excited to introduce these experienced professionals to our innovative credit unions looking for a solid strategy partner,” said Jason Smith, NWCUA vice president, strategic resources.
Founded in 1995, Capstone helps credit unions weather the changes of today’s industry through proactive external growth programs – collaborations, joint ventures, partnerships, alliances, and strategic mergers and acquisitions. External growth is a powerful tool for any organization and can be the fastest way to grow a credit union. By exploring various external growth options, Capstone helps credit unions determine the best path forward and seize their opportunity for growth.
Capstone is distinguished by its years of successful transactions and its unique methodology and team of advisors, analysts and researchers. Using a Roadmap approach to external growth, Capstone has guided hundreds of organizations to success across various industries. The Roadmap approach has three phases – Build the Foundations, Build the Relationship, and Build the Deal – which encompass the entire external growth process including initial strategic development, market research, prioritization of options, contacting partners, valuation, negotiation assistance, and deal execution.
In addition to its advisory services, Capstone provides educational resources for credit union leaders and boards through presentations, workshops, webinars, and articles.
“Capstone Strategic provides a new approach to credit union growth, and many of our member credit unions will be excited to check out the Educational Breakout session by John Dearing during MAXX Conference in Spokane,” Smith said. The breakout session is scheduled for Wednesday, October 25 at 12:45 p.m.
About Northwest Credit Union Association
The Northwest Credit Union Association is the not-for-profit trade association representing over 180 credit unions in Idaho, Oregon, and Washington, and their 6.5 million consumer members. Northwest Credit unions are not-for-profit cooperatives, owned by their members. Credit unions help members achieve their financial goals. All earnings in excess of operating expenses and required reserves are returned to members in the form of lower loan rates, fewer fees and higher interest paid on savings. For information on how to join a credit union, please visit http://www.asmarterchoice.org.