Growth strategies

Colorado's State Banking Board voted 6-1 to stop Elevations Credit Union from buying Cache Bank & Trust. This is believed to be the first time regulators have blocked such a deal.

The Massachusetts savings bank will gain branches in two communities as part of the acquisition.

The credit union has returned payouts of $5 million or more for each of the last eight years and has issued a dividend of some sort every year since the mid-1990s.

The country's biggest bank is leaning more on fee income to offset rate pressures, expanding in selected U.S. cities and laying the groundwork for operations in China that CEO Jamie Dimon hopes will endure “for 100 years.”

The Colorado Bankers Association says Elevations Credit Union's purchase of Cache Bank & Trust doesn't comply with state statutes.

Want to level the playing field with big banks and fintechs in the year ahead? Here's where to start.

The latest dividend brings the credit union's member returns to more than $32 million in 23 years.

A MagnifyMoney report shows an overwhelming majority of consumers regret not investing sooner, a sign that credit unions could deepen relationships by upping their wealth management options for members.

The bank will top $500 million in assets after it acquires F&M Bancshares.

The institution formerly known as School Employees Loraine County Credit Union launched its new name on Jan. 2.

The Tulsa-based credit union reached $2 billion in assets at the close of 2019. It hit the $1 billion mark in 2011.

Horizon Credit Union will absorb Icon CU in a deal intended to bolster competition in the Spokane market and increase Horizon's reach into Idaho.

The deal will bring a wider array of products and services to members of the $4.4 million-asset Yellowstone FCU, including online bill pay and a shared ATM network.

Alaska USA Federal Credit Union will nearly double its operations in Phoenix after it buys the locations.

The Anchorage-based credit union has agreed to purchase seven Phoenix-area branches from TCF, nearly doubling its presence in that market.

Patrick O'Brien had been CB Financial's president and CEO for about two years.

The Pennsylvania company will pay $80 million for the parent of USNY Bank.

In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities.

Ardent Credit Union plans to market its adaptable “Cube” design to other financial institutions.

The Alexandria, Va.-based credit union's growth was partly driven by strong earnings through the first three quarters of 2019.