Five Things To Keep In Mind When Acquiring

FOREST GROVE, Ore.-Merger Solutions Group President David Bartoo shares this merger advice for credit unions looking to acquire another via merger:

0. Understand your acquisition footprint
0. Be on the same page as your board
0. Target those most likely to merge
0. Have an acquisition strategy
0. Understand your position: If you have a small acquisition footprint and limited ability to expand your FOM, or your regulatory body will not allow for merger expansion, you may be too isolated to grow via merger.