Corporate governance

Alaska USA Federal Credit Union will nearly double its operations in Phoenix after it buys the locations.

The Anchorage-based credit union has agreed to purchase seven Phoenix-area branches from TCF, nearly doubling its presence in that market.

Patrick O'Brien had been CB Financial's president and CEO for about two years.

The Pennsylvania company will pay $80 million for the parent of USNY Bank.

In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities.

Ardent Credit Union plans to market its adaptable “Cube” design to other financial institutions.

The Alexandria, Va.-based credit union's growth was partly driven by strong earnings through the first three quarters of 2019.

All but a handful of states now allow a gamified way for consumers o save money, and some credit unions have adopted these programs to help boost deposits.

After struggling with profitability, Horizons FCU has been approved to join Premier Members Credit Union later this year.

Goldman Sachs plans to offer details into its workings to boost its stock value; while challenger banks are prospering, traditional banks still rule the roost.