Growth strategies

TCU Insurance Agency acquires Winey Insurance Agency, adds clients.

The $73 million CU is transitioning to a state charter to expand to other communities

Increased investor appetite and the emergence of specialized debt ratings are expected to spur demand, and community banks are looking for ways to fund expansion and hedge against future economic downturns.

Greater Nevada Credit Union’s small business lending program has been showered with awards, including a CUJ Best Practices honor.

Its efforts earned Financial Resources FCU a 2017 Best Practices Award from CU Journal.

More than 20 different states are part of the Juntos Avanzamos network, with dozens of CUs participating from across the country.

First Reliance in South Carolina, which recently announced its first bank acquisition, is angling to take advantage of disruption caused by bigger mergers in the Carolinas.

First Bank will enter a new market and gain access to low-cost deposits after it completes the acquisition.

Howard Bancorp CEO Mary Ann Scully was so keen on buying 1st Mariner that she met with a representative of one of the Baltimore company's three largest shareholders before meeting with management, and she kept talking with them. It worked.

Best Practices Awards offer a wealth of field-tested ideas to improve your credit union.

The company agreed to buy Commercial Bancshares for $59 million in stock.

Bob Ramsey, who had worked for FBR Capital Markets for more than a decade, will handle investor relations and strategic planning at Customers.

The Montana-based credit union has returned earnings to members each year for the last 20 years.

Now in its sixth year, the annual event is being marked by credit unions in at least 18 states.

Connecticut-based CU surpasses 50,000 members just months after hitting $500 million in assets.

While social media is helping get younger members in the door, observers say credit unions won't get far without the right mix of products and services for millennials.

Lending rose by more than 9 percent during the first half of the year and membership hit a new record.

For 70 years, the CU has served the communities of southeast Pennsylvania and southern New Jersey.

Business First will raise $66 million through a stock placement to help fund the deal.

Rhode Island’s oldest CU is adding branches in the southern part of state, including purchasing former bank branches.