In this episode of Behind the Vault, we explore the world of credit union and bank mergers with industry expert Michael Bell of law firm Honigman. M&A remains high on the list of growth (and exit) strategies for both banks and credit unions, and Michael shares his perspective and experience on what good deals look like and what a successful buyer and seller.

Key topics covered in our discussion:

* The origins and evolution of credit unions acquiring banks

* Navigating the complex regulatory landscape of cross-type financial institution M&A

* Trends driving record growth in the number and size of transactions

* Strategic benefits and challenges of these unique acquisitions

* Impact on small community institutions and the broader financial ecosystem

Michael provides a comprehensive overview of this niche yet increasingly important area of financial strategy, offering insights valuable to professionals across the banking and credit union sectors.

Listen in to gain:

* A perspective on how these mergers became possible

* The regulatory hurdles and market dynamics at play

* Insights into valuation processes and factors contributing to deal success

* A look at the type and stage of both Credit Unions and Community Banks that makes sense for these deals

Links discussed:

* Honigman's Financial Institution practice

* Michael's LinkedIn profile