Growth and Expansion Strategies

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Growth means sustainability for credit unions.

Smart growth for your credit union means ensuring you are around to serve your members well into the future. Economies of scale result in efficiencies that enable you to provide superior offerings to your members. Being bigger also means more resources for regulatory compliance, operational support and member services.

The HORNE team can help you plan and execute smart growth strategies, whether they involve mergers and acquisitions (M&A), field of membership expansions, or new branches.

M&A opportunities can help you broaden your market footprint, grow your internal resources and enhance your services. But the process is extensive and complex, and thorough due diligence and planning are essential for post-integration success.

If you prefer to grow organically, your strategy is critical. Your long-term sustainability depends on a thoughtful approach to expansion, as well as your ability to offer superior rates and innovative services and build external relationships.

However you strive to build market strength, think of HORNE as your personal trainer. We’ll be by your side every step of the way, as a strategic coach, transactional assistant and confidence booster. We truly want you to grow successfully. Your expansion into underserved markets benefits communities, as your services bolster your members’ financial wellbeing. HORNE offers the knowledge and experience to help you broaden your impact.

Our credit union specialists can help you address the following growth-related challenges:

  • Opportunity assessment
  • Due diligence and negotiation
  • Integration assessment and planning (strategic, operational, cultural, workforce and technology concerns)
  • Merger application packets for regulatory approval
  • Fair value/purchase accounting
  • System conversion data validation

HORNE has led financial institutions through many successful merger transactions. We’ve also helped them develop and implement organic growth strategies. Our recommendations are based on extensive industry experience. With our knowledgeable team as your guide, you’ll be confident that you’ve defined a realistic vision for growth, considered all angles, completed the necessary steps and made sound decisions for your future.