To our clients and friends:

Jeff Cardone, Partner at Luse Gorman, recently authored an article for CEO Advisory Group titled “Dear Credit Unions:  In this Challenging Environment, Careful Planning is Essential to Successfully Executing a Merger with Another Credit Union.”  The article discusses keys to a successful credit union merger, including being united on key cultural and operational matters, having a thorough letter of intent and comprehensive merger agreement, and adequately planning for the regulatory approval process and member vote.

Luse Gorman regularly advises credit unions on credit union mergers, credit union acquisitions of banks, subordinated debt/secondary capital offerings, CUSO-related transactions, charter conversions, and other regulatory compliance and executive compensation matters.  If you have any questions related to these issues, please reach out to Jeff Cardone, at (202) 274-2033 or by email at jcardone@luselaw.com. To learn more about our firm and services, please visit our website.