Growth strategies

The pending sale of Umpqua Investments should free up funds for the company to invest in other businesses.

The company would also gain a branch near Dallas with the proposed acquisition.

Having already changed charters for a statewide field of membership, the Jackson, Mich.-based institution will now merge with Washtenaw Federal Credit Union.

The bank has agreed to pay $158 million for Standard AVB Financial, which has 17 branches in Pennsylvania.

Go Federal Credit Union CEO Bert Beal will take the helm of the combined institution once they join America's Credit Union.

A pending combination with Animas Credit Union will broaden the Albuquerque-based institution's reach in northern New Mexico.

The Connecticut company will receive $120 million in cash from AssuredPartners for People's United Insurance Agency.

The competition has leading-edge technology, but consumers may be looking for more than just bells and whistles when choosing where to do their banking.

The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.