Regulatory pressures, consolidation and competition are driving increased merger and acquisition (M&A) activity in the financial services industry. In fact, 51% of bank directors/executives plan to purchase a healthy bank in the next 12 months,1 and mergers are a top growth priority for four in 10 credit union CEOs.2
Since it’s really a question of when — not if — your bank or credit union will be faced with a merger or acquisition, our newest infographic explains the challenges to prepare for (hint: think IT integration) and provides five tips to ensure success.
Ready to learn more? Read our white paper, “How Financial Institutions Can Ease IT Transitions,” and find out how financial institutions like yours can successfully navigate IT complexities during a merger or acquisition.
Be sure to follow us on the blog and on Twitter via @CDW_Finance to keep up with the latest industry trends.
1bankdirector.com, Bank Director Bank M&A Survey, 2016
2crnrstone.com, “What’s Going on 2016: Cornerstone Advisors’ Take on Community Bank and Credit Union Priorities and Technology Plans”