Growth strategies

The credit union has returned more than $9 million in bonus dividends and loan interest rebates to members during the last eight years.

Membership surpassed 106 million, even as larger credit unions continue to see the lion’s share of the industry’s growth.

The credit union credited its commitment to community with fueling the recent growth.

The unemployment rate hit levels not seen since August 2007, but one quarter of the unemployed population is “long-term unemployed.” Still, the jobs news almost guarantees that the Fed will raise rates when it meets next.

Hawaiian Tel FCU absorbed tiny Board of Water Supply FCU, which posted a loss of more than $80,000 last year and lost $46,000 during the first three quarters of 2016.

The combined institution will now serve more than 16,000 members with $142 million in assets.

The management team for the popular Las Vegas production offered insights into the importance of human capital.

The $7.7 billion-asset San Diego County CU has launched its own mobile wallet offering as part of a partnership with CU Wallet.

CHROME Federal Credit Union in Washington, Pa., has selected SmartCore by NYMBUS as its new core banking platform to help reach a financial milestone.

Credit Union of Texas in Dallas has selected three new systems to more efficiently extract, integrate and harness data.