Growth strategies

A roundup of some of this year's patronage dividends and how credit unions are passing their success back on to members.

The New Jersey company will pay $63 million for the parent of Victory State Bank.

The Louisiana company sold $30 million in stock to help fund its purchase of Cheaha Financial Group.

Following a merger earlier this fall, McCone County FCU has unveiled its new name.

Members of Southwest Colorado Federal Credit Union in Durango have approved a deal that will see the $55 million-asset shop merge into Credit Union of Colorado.

The upstate New York company will gain branches in Rochester as part of its $35 million purchase of FSB Bancorp.

The company will pay about $58 million in cash for Melrose Bancorp.

Five years after rebranding as a growth strategy, small Turbine FCU has been approved to merge into Durham, N.C.-based Self-Help Credit Union.

The Tennessee company said Rob Garcia will be in charge of building a commercial banking team in the city.

The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties.