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“Who shall lead” is a key merger question The viability of a credit union merger frequently hinges on the question of leadership. A strong CEO is vital to the success of the post-merger organization, but so, too, is a senior management team that has the talent, expertise, and experience to carry out the strategic directives that will drive the credit union forward. Will the CEO of the merging credit union be part of that team? Oftentimes, the answer is no because the main reason the merger came about in the first place was because of the CEO’s pending retirement. In many cases, it’s a...
Share this article Share this article CINCINNATI, Dec. 14, 2020 /PRNewswire/ -- CU Ally, a new advisory firm has launched, serving the Credit Union Industry, nationwide. This startup is founded by author, entrepreneur, and founder of IT Ally, Michael Fillios, who also formed the IT Ally Institute earlier this year. The Institute provides research, thought leadership, best practices, and peer-to-peer programs for IT leaders at small and mid-sized businesses (SMBs). His first book, Tech Debt 2.0, was published shortly thereafter. This firsthand experience of the imperative nature of aligning ...