Credit Union Due Diligence

Credit Union Due Diligence is key during any merger or acquisition. During a merger/transfer of engagements your Credit Union will either be entrusting the other party with all your Credit Union’s assets or you will be taking on the liabilities of another Credit Union. Either way your Credit Union is taking a risk. Many organisations have unfortunately acquired another entity only to discover under provisions or unknown pension liabilities that put their organisation under financial stress. We can assist the Credit Union manage this risk and help the Directors fulfill their duties, to safeguard the Credit Union’s assets, by carrying out due diligence on the other Credit Union. This can help identify unforeseen liabilities and establish the strength of the other Credit Union’s loan book. 

We have carried out due diligence on a number of Credit Unions and other not-for-profit organisations and can help in a number of ways:

  • advising and assisting through each stage of the process.
  • Advising on the financial impact. The accounting treatment is not always what Credit Union’s expect. We can explain the impact on your accounts and most importantly on your regulatory ratios.
  • Identifying potential liabilities.
  • Identifying the value of the assets of the other Credit Union in particular the loan book.


Steven Headshot

Steven Cunningham CA CCIBS

Tel: (0141) 204

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