Podcast download here.
Chris interviews Robert Kelly, CEO of ABCUL, on how credit unions might consider approaching ‘mergers from strength’, as one strategic option for long term sustainability. Credit unions in Ireland have experienced considerable merger activity in the last decade, driven in many cases by regulatory pressure. In the UK, there has been a less systematic pattern, with the majority of mergers occurring when one credit union finds the only alternative is failure. ABCUL has set up a Strategic Mergers Taskforce, to help its member credit unions take a more proactive stance. Chris and Robert discuss the opportunities from merger, as well as the challenges to making it a success.
Merger will be a key topic at CFCFE’s Credit Union Conference on Monday 29th March. Information and booking will be available from next week – hold the date and look out for details on CFCFE’s website or social media.
CFCFE sponsors the Talking Credit Unions podcast series. All episodes can be found on CFCFE’s Audio page. Alternatively, you can listen or subscribe to the series on Spotify, Google Podcasts, Apple Podcasts and many other podcast apps. Just search for Talking Credit Unions.
