Ken McCarthy

Credit unions in Georgia, Virginia and Mississippi plan to combine, creating an institution with $216 million of assets.

Barstow Community Credit Union, which is merging with the much larger Frontwave, has seen a string of losses in recent years.

Kathleen Orovitz will be the Rhode Island credit Union's next president and chief executive, succeeding Gary Furtado, who announced his retirement in June.

The state's lottery program has begun referring the 30,000 people a year who buy winning tickets to credit unions for financial advice.

Todd Cover, the longtime president and CEO of USSCO Federal Credit Union in Pennsylvania, has joined InFirst Bank as vice president of business development.

The deal has received regulatory approval but is awaiting a vote by East Allen members, the organizations said.

Brad Warner will retire as president and CEO of the Chambersburg, Pennsylvania, credit union in early 2023. Patriot has formed a committee and hired Modern Executive Solutions to conduct the search for Warner's successor.

Rising costs and other factors are leading more consumers to borrow money, pitting banks against credit unions and fintechs for this business.

Area Federal Credit Union in Aberdeen, South Dakota, has named Stephen Streirer as its new president and CEO. He replaces Robert Goscicki, who resigned last month.

The Sunshine State has been a hot spot for transactions involving credit unions buying community banks in recent years, and Harvesters Credit Union is furthering this trend with a deal for First National Bank Northwest Florida.