Michael Bell, partner and co-leader of Honigman’s Financial Institutions practice, stopped by the show to share his insights on how 2023 is expected to be a strong year for financial institutions' mergers and acquisitions.
Michael also addressed how the looming recession may dampen the merger mood next year and why this topic is so polarizing right now even though both credit union membership and assets are up.
Lastly, Michael talked about Summit Credit Union recently buying $837 million Commerce State Bank in Wisconsin -- in which his firm was involved. He discussed why this acquisition was so significant, along with its record-breaking deal for credit unions buying banks.
Check it out and let us know your thoughts. And be sure to watch the entire episode below all the details.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.