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A White Paper Provided by our Partners at Strategic Resource Management

On the Acquisition Trail? Don’t Overlook Your Vendor Contracts
Acquisition continues to be a preferred strategy for financial institutions (FIs) seeking to gain economies of scale while also expanding service offerings and reach. Choosing the correct merger candidate usually centers on factors like strategic fit, market footprint and business integration. There is another less exciting but important factor to consider during these talks: vendor contracts which can cause costly, tactical headaches if not identified early in the process. However, if the contracts are assessed early enough in the acquisition process, an institution can reap benefits greater than expected through due diligence process.

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Corporate Central Credit Union
6262 South Lowell Place, Muskego, WI 53150
Phone: (800) 242-4747 | Fax: (414) 427-3700
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