Mergers And Acquisitions Conference
April 24 - 27, 2023, Omni La Mansion del Rio Hotel | San Antonio, TX
Although the CU movement continues to get stronger and stronger, it is no secret that the number of credit unions is decreasing at a rapid rate every year due to mergers and acquisitions. Join us as we explore the “if’s”, “why’s”, and how’s” on the proper steps for a successful merger or acquisition.
Earn 12 CPE credits while attending this conference.
Conference Quick Links:
Registration & Hotel Information
Conference Registration
We offer an excellent educational return on your conference investment. Register early for the best conference rates!
On or Before February 23, 2023: $1245
February 24 – March 23, 2023: $1295
March 24, 2023 and Beyond: $1345
Guest Program: $265
Guest Program
Our Guest Program, enables your guest to join you during the following conference events: ($265 additional)
Monday's Welcome Reception
Tuesday's Sit-Down Breakfast
Tuesday's Sit-Down Luncheon
Wednesday's Sit-Down Breakfast
Hotel Reservation
Book your room online or call Omni at 800-843-6664. Mention CU Conferences to receive special rates starting at $249.
When you book through CU Conferences’ block of rooms you will receive receive complimentary in-room Internet access and use of the fitness center.
Rates based on availability
If you are unable to book a room, please give us a call at 888-465-6010 for assistance.
Airport and Ground Transportation
The San Antonio International Airport (SAT) is approximately 20 minutes from Omni La Mansión del Rio Hotel. Transportation Details:
A taxi ride is approximately $30 from the airport to the hotel.
An Uber ride is approximately $20 from the airport to the hotel.
Valet parking is $42 a night with in and out privileges.
Public self-parking across the street is $10 daily plus tax with no in & out privileges
Weather
The weather in San Antonio during the month of April is generally very pleasant. The average temperature reaches a high of about 81° during the day and high 50s in the evenings.
Speaker Information
Denny Graham
Founder & President Emeritus Owner, FI-Strategies, LLC
Jerry Tenbrink
Owner, J. Tenbrink & Associates
Conference Agenda
Schedule subject to change. Registered guests are welcome during these (GP) credit union conference events.
Monday, April 24, 2023
4:00 p.m. – 5:00 p.m.
Conference Registration
5:00 p.m. – 6:00 p.m. (GP)
Welcome Reception
Enjoy cocktails, light dining & networking with your conference peers from across the country, their guests and “The Ones In Red.“ Registered guests are welcome to attend.
CU Conferences is grateful for the support of its sponsor, OM Financial, and would like to thank them for co-sponsoring the reception. Learn more about OM Financial.
Tuesday, April 25, 2023
8:00 – 9:00 a.m. (GP)
Sit-Down Breakfast
Join us for a hearty sit-down breakfast. Registered guests are welcome to attend.
9:00 a.m. – 10:00 a.m.
Introduction And Understanding the Merger and Acquisition Process: Is A Merger or Acquisition Right For Your Credit Union?
The decision to merge with another credit union or to be acquired by another credit union is a major decision for both the credit union and its members. This mornings presentations and discussions will cover the overall strategies, accounting considerations, and legal issues that are involved in considering a merger or acquisition. The morning is designed to give you an overview of the if’s, why’s and how’s of the merger decision.
Session Highlights:
Why Do CU’s Merge – Mergor And Mergee
How To Find A Partner
Member Concerns
External Synergies
Internal Synergies
People Issues
Issues With “Getting It Done”
CEO Issues
Board Issues
Operations Issues
PR Issues
Cultural Issues
How They Really Get Done
10:00 – 10:15 a.m.
Networking/Refreshment Break
10:15 a.m. – 12:15 p.m.
Introduction And Understanding the Merger and Acquisition Process: Is A Merger or Acquisition Right For Your Credit Union? (Continued)
The decision to merge with another credit union or to be acquired by another credit union is a major decision for both the credit union and its members. This mornings presentations and discussions will cover the overall strategies, accounting considerations, and legal issues that are involved in considering a merger or acquisition. The morning is designed to give you an overview of the if’s, why’s and how’s of the merger decision.
Session Highlights:
Why Do CU’s Merge – Mergor And Mergee
How To Find A Partner
Member Concerns
External Synergies
Internal Synergies
People Issues
Issues With “Getting It Done”
CEO Issues
Board Issues
Operations Issues
PR Issues
Cultural Issues
How They Really Get Done
12:15 – 1:15 p.m. (GP)
Group Luncheon
Join us for lunch. Registered guests are welcome to attend.
1:15 p.m. – 3:15 p.m.
Introduction And Understanding the Merger and Acquisition Process: Is A Merger or Acquisition Right For Your Credit Union? (Continued)
Now that you’ve had the time to digest the information presented this morning, we’ll continue the discussion in more detail.
Session Highlights
Due Diligence Checklist
Intellectual Property
Risk Management
Capacity
Asset Verification
Liability Verification
Equity
Profitability
Cash Flow
Products And Services
Information Technology
Legal Issues
Regulatory Compliance
Policies And Procedures
Red Flag Events
When To Seek Legal Advice
Accounting Component
Value Of Entity As A Whole
Value Of Assets And Liabilities
Core Deposit Valuation
Goodwill Issues
Increased Bookkeeping Requirements
Disclosure Requirements
3:15– 4:15p.m.
Roundtable Discussion
As you can see from today’s conversations, there is a lot to consider when it comes to mergers and acquisitions. We’ll utilize this time to break into small groups and discuss those considerations with each other to help find real solutions you can bring back to your credit union.
4:15– 4:30p.m.
Daily Wrap Up
Wednesday, April 26, 2023
8:00 – 9:00 a.m. (GP)
Sit-Down Breakfast
Join us for a hearty sit-down breakfast. Registered guests are welcome to attend.
9:00 a.m. – 10:00 a.m.
Now What?
Yesterday our presenters started the day with an overview of the merger and acquisition process and then gave you detailed information on the processes for a successful merger and acquisition transaction. Today we will continue our discussion from yesterday and then allow time for a panel discussion with our presenters.
Key Topics of Discussion:
Developing A Merger Strategy
How To Locate Potential Merger Partners
Legal And Accounting Issues Concerning A Merger
Operational Concerns
10:00 – 10:15 a.m.
Networking/Refreshment Break
10:15 a.m. – 12:00 p.m
Now What? (Continued)
We will continue our presentation and discussion on “Now What?” This time will be used as a wrap-up for discussing the final points for a successful merger or acquisition. By now you will have received the valuable information needed to make an educated decision on whether or not a merger or acquisition is right for you.