Growth strategies

FAA Credit Union announced that it will change its name to True Sky Credit Union.

League seeks to capture untapped markets, raise awareness and increase growth through various tools to assist member CUs.

Overland Park, Kan.-based CU Capital Market Solutions LLC (CMS) has announced the purchase of CNBS LLC, a CUSO that originated from U.S. Central in the late 1980s to provide brokerage services to credit unions.

The boards of directors of TULIP Cooperative Credit Union and Harborstone Credit Union voted late last week to merge, pending regulatory approval.

Tiny TrustUS Federal Credit Union of Midlothian, Texas will merge into Texas Trust Credit Union, based here, after approvals by regulators and by TrustUS FCU members, the two CUs said Monday.

The Maine Credit Union League recently announced a radio advertisement initiative beginning July 1 that includes 2,000 paid and no-charge 60-second commercials that will air throughout the summer highlighting the SurF campaign and the credit union movement.

Glendale Area Schools CU recently converted from a federal charter insured through NCUSIF to a state charter with private insurance through American Share Insurance, in part because the CU's outspoken CEO Stuart Perlitsh says the federal regulator is often "out of touch" with a credit union's local environment.

United Heritage Credit Union, Austin, Texas, on Tuesday said it has launched a new insurance company known as UHCU Insurance Services, LLC.

The National Credit Union Administration will host a free marketing and social media webinar on August 10 at 2 p.m. EST, entitled “Marketing -- Effective Use of Social Media.”

New York-based Municipal Credit Union has been recognized by the New York State Legislature for its 100 years of service to the civil service community with a legislative resolution in the state Senate.