Executing successful credit union mergers and acquisitions (M&As) involves coordinating various financial, social, and political components. In this episode, Doug welcomes guest Jeff Cardone, partner at Luse Gorman, specializing in representing credit unions in M&A transactions with other credit unions, banks, and fee-based businesses, as well as secondary capital, or subordinated debt transactions.

Jeff explains how a credit union typically enters into an M&A; factors to consider when preparing for an M&A, including executive compensation incentives and contractual agreements; and how credit unions can avoid an unsuccessful deal.

Stream the full episode for valuable insight if you’re a credit union board member or executive considering or undergoing an M&A.