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Rick Joyal Chair, Board of Directors Libro Credit Union

Rick Joyal Chair, Board of Directors Libro Credit Union. Pre-Combination Strategy. Board Planning Session Asking why merge? Deciding the right approach Identifying success factors Interest Based Approach Achieving greater success together Exploring the opportunities.

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Rick Joyal Chair, Board of Directors Libro Credit Union

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  1. Rick JoyalChair, Board of DirectorsLibro Credit Union

  2. Pre-Combination Strategy • Board Planning Session • Asking why merge? • Deciding the right approach • Identifying success factors • Interest Based Approach • Achieving greater success together • Exploring the opportunities

  3. United Communities Credit Union Board Engagement • Thoughts about the future • Respectful candor • Opportunity exploration • Agreement on MOU

  4. MOU and Merger Steering Committee • Governance and Operations • MOU Approval • Board Oversight • Key Principles

  5. Public Launch and New Start • June 2013 • Announcement of Merger Intent • October 2013 • Town Halls • November 2013 • Member-Owners Voting • January 2014 • Libro Credit Union

  6. Governance

  7. Thank you

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