Growth strategies

In a bid to show it can best the competition, the Massachusetts-based institution will donate to a local food pantry every time new members join the CU and download its app.

A meticulous approach to expansion, along with an ability to produce solid results while based in a slow-growth state, explains why Hageboeck is a Best in Banking honoree.

The Bridgeport, Conn., company is developing a specialty in banking technology businesses. Like so many other small regionals with ambitious growth plans, it faces a tricky balancing act: how to take creative risks without getting in over its head.

As the industry relies more on digital products, credit unions are looking for ways to update their financial literacy programs to become more interactive and reach a broader audience.

From recognition as a top workplace to giving back to nonprofits and making a difference for those in need, here's another round-up of credit union community news.

The company will pay $64 million in cash and stock for First Beeville Financial.

The Connecticut regional bank will pay $327 million for the parent of Belmont Savings Bank.

Nearly all banks need more fee income, and many have extra cash for investing in growth. Some have started buying up wealth management firms, while others have decided to pare back and specialize.

The Florida company will have more than $16 billion in assets, along with increased scale in Georgia, when it buys National Commerce.

The New York-based credit union has returned more than $7.6 million to members since 2003.