Growth strategies

Greenwoods Financial will have $270 million in assets when it buys Fox River Financial.

The Chicago-area credit union can now accept members who live or work in a variety of Illinois counties.

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 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.