Mergers of Equals with Mike Bell

With mergers becoming more common within the movement, we decided to discuss the process. For the past 20 years, our guest, Mike Bell, has completed the majority of credit union purchases of banks and other businesses, including insurance, investment, and trust companies and real estate brokerages and mortgage originators.   In this episode we cover: Strengths of both a progressive, high-risk taking credit union and non-progressive, traditional credit union. What credit unions can bring to a merger is more than just assets. The role of board members in a merger or acquisition. How avoiding the discussion of a merger early on is a mistake. What can credit unions use as leverage in a merger. 3 key components in a successful merger The importance of doing pre-work in the decision-making processes and respecting the time of the team and the organization.   Links from show: Mike Bell 269.337.7877 [email protected]   Click Here to look at all the trainings ServiStar has to offer   Subscribe to ServiStar Leadership Podcast on your favorite streaming service