Growth strategies

While regulation and nonbank competition are spooking some banks and credit unions, others believe low funding costs and the right relationships can help them succeed.

There have been six of these transactions announced this year and more are likely as credit unions look for loan and deposit growth.

The community-chartered credit union will now serve nine new counties following two years of reporting 2% or less in membership growth.

All-electric, zero-emission vehicles make up less than 2% of the market, but a handful of credit unions see an opportunity despite some unusual variables.

While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.

The company agreed to buy Charter Bank, which has four branches and $161 million in assets.

Banesco USA agreed to buy Brickell more than a year after Banco Espirito tried to sell the Miami bank to a Swiss financier.

Blue Ridge Bankshares will be based in Charlottesville, Va., after completing its $43 million purchase of Virginia Community Bancshares.

Heritage will have 17 branches around San Francisco when it completes the $200 million acquisition.

Under the Treasury Department's Financial Agent Mentor-Protégé program, JPMorgan Chase is advising two black-owned banks on working with the agency in ways that could boost their fee income.