Growth strategies

After the merger is completed, Cedars-Sinai Federal Credit Union's one branch will be relocated.

SmartFinancial lined up a compelling merger with Entegra. Then a bigger bank offered more money and a higher premium.

Members of Bard Employees Federal Credit Union approved the merger into Baxter Credit Union earlier this month.

Entegra Financial, which had a deal to be sold to SmartFinancial, has instead agreed to be sold to First Citizens, which offered more money and will pay a breakup fee for the initial deal.

The credit union is also developing a new shared branching space as part of a unique co-location strategy.

The latest World Council of Credit Unions project in the Caribbean will see the island nation working alongside Indiana CUs to share best practices, strategic initiatives and more.

The proposed combination of Sharon Credit Union and Crescent Credit Union still needs approval from regulators and members.

The acquisition also includes $525 million in deposits and $120 million in loans.

The Rhode Island bank’s deposit costs nearly doubled in the first quarter, but CEO Bruce Van Saun says it has to go on the offensive to sustain loan growth.

The cold, hard truth of bank mergers is that rivals often steal top producers and convince customers the bigger bank won’t care about them anymore. The CEOs of the merging banks explain their retention efforts.

Asked whether the BB&T-SunTrust deal had sparked a desire to pursue deals, Andy Cecere emphasized a focus on digital upgrades and opening branches in new markets.

Bank of America's Brian Moynihan had a lot to brag about in discussing 1Q results but faced questions about what he would do if economic growth slows and rates hold steady for a prolonged period. Other bank chief executives have gotten, or will get, similar questions this earnings season.

Last-minute arguments from the American Bankers Association have put the National Credit Union Administration on the back foot in advance of an appeal hearing more than a year in the works.

Last-minute arguments from the American Bankers Association have put the National Credit Union Administration on the back foot in advance of an appeal hearing more than a year in the works.

George McNichols helped build the Indiana-based institution from $10 million in assets in 1984 to $554 million today.

The Illinois-based credit union, which recently announced an expanded field of membership, saw loans rise by nearly 7% in 2018.

From helping purchase a new fire engine to funding scholarships and more, here's a look at how credit unions are giving back.

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.