Strategic Planning
articles submitted:
Forming New Credit Unions to Meet Our Mission
We lose approximately 250 to 300 credit unions per year to mergers, liquidations, and conversions. Only a handful of credit unions have been formed in the last ten years that survive today. While I understand that credit union assets and members are growing despite the reduction in the number of credit unions, I submit that […]
Why Collaborate – Video
This is a 6:45 minute presentation on why credit unions should consider collaboration and CUSOs as part of their business model. Why Collaborate from Messick & Lauer on Vimeo.
Structuring Multi-Owned CUSOs – Video
This is a 5:19 minute presentation on the considerations in organizing and operating a CUSO owned by multiple credit unions. Multi-Owned CUSOs from Messick & Lauer on Vimeo.
How to Begin to Collaborate – Video
This is a 5:06 minute presentation on how credit unions can begin the process of collaboration and using CUSOs.
Generating Net Income – Video
This is a 5:29 minute presentation on how CUSOs can help generate more net income for credit unions through additional revenue sources and reduction of operational costs. Generating Net Income from Messick & Lauer on Vimeo.
Credit Union Merger Agreements – Video
This is 6:32 minute presentation on the credit union merger process, including the agreements and due diligence. Credit Union Merger Agreements from Messick & Lauer on Vimeo.
The Evolution of the Credit Union Model – Why Collaboration is Necessary
Sometimes things are so clear that they are almost self-evident. For credit unions it is clear that the credit union business model is transforming in front of our eyes. For most of the 20th Century consumer financial services were offered on a local scale by community banks and credit unions. There was a simple set […]
Cooperative CUSOs – Relationship Advice for Credit Unions Interested in Dating, Getting Married and Getting Divorced
There is a lot of interest in cooperative CUSOs these days, CUSOs that are owned by multiple credit unions. Most of these CUSOs provide operational services which can significantly reduce operating costs while increasing operational efficiencies. Some cooperative CUSOs provide non-traditional financial services which drive alternative revenue streams and offer valuable services to members. The […]