CU2.0 Podcast Money Talks with Kirk Kordeleski on Merging Behemoths, the CU tTax Exemption and More

Here’s the question: Is the First Tech - DCU merger of behemoths a sign of mergers to come or it is an outlier, a one-off deal that arose because of unique circumstances and histories??

Kirk Kordeleski, onetime CEO at Bethpage, itself a member of the behemoth club, and now a SERP expert  with PARC Street Partners, and he comes with strong opinions abut credit union mergers.

But there’s more on the  show including Kordeleski’s musing about the longevity of the credit union tax exemption - and how important it is to the credit union business model.

Kordeleski also ponders the probable future of NCUA in an era of slashing federal spending and federal employee body counts.

Just about all the credit union hot buttons get  pressed in this show..

And Kordeleski also addresses this question: if you are the CEO of a $10 billion credit union that just now merges with a $5 billion credit union should you ping the board the next day and ask for a 50% pay hike.

Place your bets now:

Is this RIP for NCUA?

Is it say goodnight to the tax exemption?

Are mergers the best way for a credit union to grow?

Or is interna; growth the shrewder option?

And should that CEO ask for the 50% pay boost?

Listen up.

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