Our Capabilities

Conversion Experience

CU Financial has advised credit unions about charter conversions since 1994, and has advised the majority of those making the switch. The firm was (1) advisor to the first state chartered credit union to convert to the bank charter, (2) advisor to the first merger of a credit union into a mutual savings bank, (3) advisor on the first simultaneous conversion / capital raising transaction, and (4) helped lobby Congress for the right to convert to a bank and for the streamlined rules implemented as part of HR-1151. We are currently the most active advisor specializing in this unique area.