Learn how to prepare and plan for a merger.
Recent statistics show that mergers have become a strategic tool utilized by both credit unions and regulators. Some credit unions utilize mergers as a strategic growth opportunity, others merge to survive by enhancing economies of scale and finally others are “urged to merge” by anxious regulators. Whatever the reason, mergers are an essential element of credit union life and have become a common occurrence in today’s complex financial reality. From the chief executive to the volunteers, it is essential that every credit union understand the potential problems and pitfalls of the merger process in order to navigate through the current unchartered waters.

This webinar will explore the positive potential, practical considerations and technical elements of the merger process. Topics include:

• Identification of merger possibilities
• Investigation of potential partners
• Negotiation of the transaction terms
• Documentation of the merger
• Regulations involved in the process
• Integration of the entities.

Just like in face-to-face classes, CUNA Webinars allow you to see and hear a presentation, ask questions of the instructor, and refer to handouts. You need only a speakerphone and computer with Internet connection. With a computer projection screen, it's easy to provide this training to a whole roomful of staff! When you register for an event, the connection information will be e-mailed to you 24-48 hours before the event. If you are registering for an event the day it is being held, please call 800-356-9655, ext. 4249 or e-mail training@cuna.coop for assistance.

Did you know...in addition to attending this event live, your tuition includes six months of unlimited access to the archived (recorded) event within 48 hours of the live event for your entire credit union. See the archived events available to you and your credit union.

CUNA Webinars use Adobe Connect to provide an interactive and convenient online learning environment. Whether you are a first time Adobe Connect user, or simply need a refresher, take a short tour. You'll learn how to effectively interact with the presenter and your peers during live webinars.

Can't attend at this time? Click here for the archived version.

This webinar is designed for compliance staff, CEOs, CFOs, league compliance staff and anyone at the credit union involved in the merger process and planning.

Affiliation with CUNA/League is required for attendance.

David Reed
Attorney, author, consultant and nationally recognized speaker, David is a partner in the law firm of Reed and Jolly, PLLC and founder of CU Doctor, a full service credit union consulting practice. Through Reed and Jolly, David provides guidance to credit unions concerning a variety of matters including the establishment and revision of credit union policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters and corporate governance.

David is particularly noted as an expert in the areas of credit union operations, bankruptcy and collections. He has been selected to train NCUA Field Examination and Audit Staff on numerous issues including ID Theft Red Flags, S.A.F.E Act, Third Party Contract Management and Bankruptcy matters.



Bruce Jolly
Bruce, a former CUNA Washington counsel, has been involved in legislative and regulatory changes affecting credit unions since the 1980s. He was actively involved in truth-in-lending reform, electronic fund transfer rule implementation and a host of other mission critical rules and regulations. He has been a fixture in compliance training for credit unions, written on compliance topics extensively and recently formed Reed & Jolly PLLC with David Reed to make their combined experience readily available across the United States. He serves as outside counsel to the National Association of State Credit Union Supervisors and is admitted to the state bars of North Carolina, Virginia, the District of Columbia and Maryland. Bruce thinks the key to compliance training is to make the topic understandable using concrete examples of compliance concerns to illustrate the points being made.

Cancellations received in writing (via fax 608-231-4327) before the end of business on March 6, 2012 are eligible for a refund of the amount paid minus a $50 administrative fee. No refunds will be granted for cancellation requests received after March 6, 2012. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.