Corporate governance

Richwood Bancshares will get closer to $1 billion in assets after it buys Home City Financial.

John Turner, who became CEO of the Alabama company this month, has promoted John Owen to COO. Its Turner’s second executive appointment this week.

The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares.

Oregon-based credit union says it was successful in lending, deposits, memberships.

The Ohio company said low unemployment is keeping business clients from expanding, while higher asking prices are forcing it to avoid bank acquisitions.

Honoring members of the military, setting kids up for success and other ways credit unions are giving back.

Prosperity Bancshares in Houston said that its earnings increased 19% from a year earlier as its efficiency ratio rose.

If credit union boards of directors don't shape the organization's culture and responsiveness for whistleblower situations, the institution will suffer consequences to both its balance sheet and reputation.

The $26 million acquisition will allow Summit to enter two new counties in its home state.

The Mississippi company will also gain its first branches in southern Georgia as part of the $80 million deal.

A merger with Towns-Union Educators' FCU is Peach State's fifth such move in three years.

Green's sale follows a dedicated effort by its management team to purge its energy portfolio.

The $2.9 billion deal is the Georgia company's first traditional whole-bank acquisition since 2006. It is also the year's second-biggest bank acquisition.

Another look at how credit unions are making a difference in the lives of others.

Leroy Abrahams had previously served as president of the bank's North Central Alabama region.

First Green Bank in Florida had to stop holding deposits for licensed marijuana sellers as a condition of making a deal.

Despite some green shoots in key credit segments, total loan growth was light at many banks last quarter. Rate hikes are threatened, and deposits will get pricier — where will the earnings come from?

An integrated payments and receivables solution is helping two Michigan credit unions boost engagement with small business members.

The company will no longer originate indirect auto loans outside of Florida and Georgia.

From blood drives to nonprofit donations and financial literacy efforts, here's another look at how credit unions are giving back and making a difference.