Corporate governance

MLB legend Cal Ripken Jr. told a credit union audience what it takes to succeed – and break a few records in the process.

Merger announcements typically follow a tried-and-true formula of cutting costs to boost profit. WSFS, however, plans to reinvest $32 million in new tech initiatives after buying Beneficial.

The Austin-based credit union serves seven counties in Central Texas.

The Chicago-based Hutchinson, Shockey, Erley & Co. focuses exclusively on municipal securities.

Three of the trade group's specialty councils banded together on a report that looks at how credit unions can improve their metrics and data analytics related to growth.

The Massachusetts-based CU says membership growth has accelerated to 7.4 percent.

Gateway Mortgage's owners plan to merge the mortgage lender into Farmers Exchange Bank.

From participating in local events to meaningful donations, credit unions are finding a variety of ways to give back to the communities they serve.

The Delaware company plans to reinvest savings from the $1.5 billion acquisition to upgrade technology and delivery channels.

JPMorgan Chase, SunTrust and PNC are pressuring outside counsel to get more women and minority lawyers to represent them in court even at the risk of alienating the big, traditional law firms that they have done business with for years.

A new feature at recent CU Leadership Convention included advice on attracting millennials, the power of stories and more.

Bank organizers are picking one another's brains about hiring decisions, applications and raising capital as part of the monthslong effort to secure charters.

Fort Bragg FCU will convert to KeyStone core processing as a hosted solution in March 2019.

Toyota Financial Services has promoted a company insider to replace Mike Groff, who is retiring at the end of this month.

The family that owns KleinBank negotiated for employee incentives for nonrelatives and retention awards as part of the Minnesota bank's proposed sale to Old National.

Clara Green will head the Diversity and Inclusion Center of Expertise at the Alabama bank.

Tekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.

Tory Nixon, who became Umpqua's chief banking officer this spring, is trying to drive more customers to use mobile banking (only 15% do so now industrywide) without alienating them in the process.

Helping the less fortunate, providing financial education, expanding to serve more members and other ways credit unions are giving back.

Zekarias Tamrat blamed the proposed Marathon International Bank's chairman and directors for delays in getting its application approved.