Corporate governance

Absorbing Health Facilities FCU will deepen S.C. Federal's presence in the city of Florence.

The deal will create a bank with nearly $50 billion in assets.

Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.

The company will merge Fidelity Savings and Loan and Washington Savings Bank into its own bank.

The $28 million-asset AB&W Employees Credit Union will merge following a year of uneven financial results.

The company will pay $122 million for six branches and nearly $1 billion in assets.

While digital channels are becoming more popular, many banks remain committed to highway advertising.

The Albany-based credit union has picked up tiny City of Schenectady Employees FCU, which has struggled with profitability issues for years.

The industry's dominant growth strategy of 2019 was a hot topic during a House Financial Services Committee hearing.

Apollo Bank's agreement to be sold to a credit union has bankers worried there will be larger such sales in 2020.

Craig Howie, who joined the bank after a merger, will succeed the retiring Jon Evans on Jan. 1.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

The Ogden, Utah-based institution wanted a name that reflected a field of membership beyond the university it was chartered to serve.

The company will enter three counties in its home state after it buys Roselle.

The company agreed to pay $41 million for Victory Community Bank.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

The New York-based institution has returned more than $8 million to members since 2003.

Given their price, higher interest rates and appeal to a specific consumer segment, recreational vehicle loans could be a significant growth segment for some credit unions.

Membership was previously only available to consumers in five counties.

The Bank is poised to pick two people to handle Simon Potter’s former job; Securities backed by subprime U.S. car loans are “going gangbusters.”