Technology Still An Issue When CUs Get The Urge To Merge

Passman, Aaron
April 2011
Credit Union Journal;4/11/2011, Vol. 15 Issue 14, p24
Trade Publication
The article focuses on issues affecting merger of credit unions (CUs). It states that integrating different core systems and software of CUs has been the biggest obstacle in the merger process of CUs. Cheryl DeBoer of First Community CU says that merger among CUs needs the settling of particular issues with boards like negotiating the number of board positions and board members. It adds that cultural issues in staff integration is another critical human element in merging CUs.


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