CU Financial Services, is a national growth and merger consulting firm that can help you evaluate the feasibility of a merger or charter change, including conversion to a mutual savings bank charter or stock bank charter. Multimedia presentations and interactive financial modeling help educate directors, employees and members about options and the wisdom of a change.
Experience serving Credit Unions and their members since 1984, leads to cost effective implementation of pilot programs and strategic initiatives. Intelligence developed by serving financial institutions ranging in size from $8 million to $400 billion, and a hands on approach, generates measurable results quickly; in part by the rapid transfer of skills, information, and technology to staff, thus reducing consultant dependence.
Alan D. Theriault is a senior advisor to credit union managers looking at the mutual savings institution charter. Alan coordinated the pioneering first conversion of a state chartered credit union to a Federal Mutual Savings Institution, which, among the other obstacles at the time, involved getting two state laws passed to facilitate the switch. Since this historic conversion, Alan has remained in contact with numerous credit unions about the process and publishes a free newsletter entitled "Converting from a Credit Union" which chronicles this emerging trend. Also, Alan is editor of the 200 page: "Conversion Guide - The Cooperative Banking Charter".
Alan's diversified executive background includes positions with a major Wall Street investment firm, as president of a mutual savings bank, as founder and senior executive of a mortgage banking and business lending firm, and as founder and executive of a National Association of Securities Dealer (N.A.S.D.) Member firm.