Corporate governance

The Midland, Mich.-based institution returned $19.4 million to members for 2018 through rewards and dividends.

John Milleson, who has led the company for 20 years, will retire after his successor is in place.

The North Carolina regional closed dozens of branches and cut jobs across the company, directing a chunk of the savings to digital banking initiatives.

The Indiana-based institution's distribution for 2018 was up more than 60 percent from the previous year.

The Montana company will more than double its assets in Utah when it buys FNB Bancorp.

The Iowa company will pay $94 million for a bank with five branches and $727 million in loans.

Credit unions in Idaho, Oregon and Washington gave a $603 million direct financial benefit to members, according to a new report, which also showed membership growth outpacing population growth in much of the region.

Bob Jones will retire in early May. He will be succeeded by Jim Ryan, the Indiana company's chief financial officer.

This is the seventh consecutive year that the Kansas City area institution has returned at least $5 million to its members.

The U.S. unit of Mitsubishi UFJ Financial has agreed to buy a platform from GE Capital.

The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial.

The deal for Citizens State Bank is part of VyStar's plan to expand throughout Florida and Georgia.

The company, which has yet to report quarterly earnings, said the moves will turn a profit over time.

The South Carolina institution has returned more than $31 million to members over the last 22 years.

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

Intrepid Investment Bankers provides advice on M&A and capital markets activities.

The trade association is seeking $100 million from credit unions over three years in support of its "Open Your Eyes" campaign.

Last year Corporate Central returned more than $725,000 to its member credit unions, bringing the three-year total to $1.8 million.

Deposit premiums for bank mergers, which topped 10% in 2018 for the first time in years, are expected to keep rising as competition for cheap funding intensifies.

The agency is unable to process loan applications and faces a daunting backlog once Washington returns to work.