NCUA Releases New Video on Mergers

By Joseph Kellard April 28, 2016, 2:13 p.m. EDT 1 Min Read

ALEXANDRIA, Va. -- A new online training module is designed to educate board directors on best practices in the process of mergers.

The National Credit Union Administration has released a three-part video module that examines current trends in mergers, when a credit union board should consider a merger, and how to negotiate a merger agreement.

Created by NCUA’s Office of Small Credit Union Initiatives, the online training module is part of a video series covering various subjects important to credit union boards. The office fosters credit union development and the effective delivery of financial services for small credit unions, minority depository institutions, new credit unions and credit unions with low-income designation.

The module concludes with a quiz that assesses the viewer’s knowledge and a certificate for those who successfully complete the training. A pamphlet called Truth in Mergers: A Guide for Merging Credit Unions is available online to provide further information about the merger process for credit union board members.

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