BizSugar.com › Franchises › Mergers Misconceptions - Stats vs Fake News

There are many misconceptions about credit unions and bank mergers, and they are usually negative. In fact, the result of these mergers is beneficial for both parties involved. These mergers are not a “hostile takeover” as some might believe; both parties have to agree to the terms, and it comes down to a majority vote on whether to merge or not. These mergers are common, and ultimately the goal is to expand and grow while keeping the “community feel” that credit unions offer. This infographic will outline some of the facts that fall within the credit union and bank mergers.