Growth strategies

The Fitchburg, Mass.-based institution also started an insurance agency and upgraded its mobile banking last year.

With an implementation deadline less than a year away, bankers will be pressed to detail how a new accounting rule for loan losses will affect reserves, earnings and capital.

Gateway Mortgage Group’s dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform.

The combined organization, representing nearly 500 member credit unions, is expected to launch early next year.

A plan to join Deer Valley and Canyon State credit unions still needs approval from regulators and members of both institutions.

The companies had planned to make Chemical CEO David Provost the new leader before October's market gyrations led them to break off talks. When they revisited the deal, several things changed — including Provost's role.

The Jacksonville-based credit union kicked off 2019 by buying a bank and expanding into Georgia, but VyStar's moves may hold lessons for CUs far beyond the southeast.

Credit unions are losing ground to community banks when it comes to customer satisfaction. Here's how to reverse that trend.

The San Jose, Calif.-based credit union decided to make the change because there were too many other financial institutions with a similar name.

Bank managers should remember their roots and keep their hands in business development, even as they climb the ranks.