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Event Profile

Webinar: Bank Acquisitions of a Credit Union

June 5, 2019

Time: 11:00 am Eastern | 10:00 am Central | 9:00 am Mountain | 8:00 am Pacific

Length: 60 Minutes

Credit unions continue to acquire banks and bank branches, yet banks have made no discernible effort to make a cross-industry acquisition. Why? Are banks not knowledgeable about the process or skittish about dealing with the NCUA? This session’s experienced speaker will provide that knowledge and address how to navigate the regulatory labyrinth. Banks have far more tools to use in the process compared with credit unions who only have cash to purchase a bank and also have to overcome the double taxation of the merger consideration in such a transaction. Many smaller credit unions, as is the case with banks, are struggling to compete in today’s environment. This acquisition opportunity should not be overlooked by institutions needing to “right-size” to compete. The ability to expand the pool of potential acquisition targets is there for the taking. 

Presenter: Richard Garabedian, Hunton Andrews Kurth

1 CPE Credits

Program Level: Basic
Prerequisites: No previous experience and training necessary.
Delivery Method: Group-Live
Field of Study: Specialized Knowledge & Applications

ICBA Members: $199
Nonmembers: $299

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For more information, call 800-422-7285.

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Mr. Richard S. Garabedian
Organization: Hunton Andrews Kurth LLP

Sessions information is not available at this time.

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