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Posted on: Jun 4, 2026
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Financial institution M&A is picking up speed, and bank boards should be prepared. Deal activity is re-accelerating in 2026 after a strong second half of 2025, driven by scale economies, management succession planning and a more predictable regulatory environment. Recent trends also show momentum in both bank and credit union combinations, adding pressure on boards to stay market ready to fulfill their fiduciary duties.

This momentum makes strategic planning a priority. Legal teams should meet regularly with boards of directors and management to define clear decision gates and a path forward to consider alternatives to increase shareholder value. By building a defensible fiduciary record, counsel can help boards approach strategic planning with discipline and control.

Read the full article, written by Phelps lawyers Chris Couch and Mark Fullmer, here.

Written on behalf of the Business Transactions Committee