Travillian Next

Bolton (Ex ICBA Chairman) vs. Bell (CU M&A Attorney) – M&A between Banks & Credit Unions – Get Your Popcorn Ready!


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Attorney Michael Bell and Past Chairman of the Independent Bankers of America, Brad Bolton, have separately disagreed in the press about their views on credit union purchasing community banks. Bell has been a CU legal advisor on almost every deal announced since 2008. Bolton has been very critical of these transactions as the ICBA believes they have unfair advantages, namely around their tax exemption. In their very first appearance together, Brad and Mike engage in a congenial debate – which uncovered more agreements than disagreements.

We cover hot topics related to these unique mergers, including:

  • A deeper dive into the tax exemption “advantage”
  • How states are taking their own stances
  • CRA requirements
  • Cybersecurity risks
  • Publicizing deal costs
  • ...more
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