Growth strategies

Institutions that fail to embrace AI, machine learning and data analytics could quickly find themselves losing ground to competitors.

Members of Credit Union South, which has lost money during the past five years, voted to approve the merger.

CU Sol, LLC is the result of a collaboration between credit unions in Albuquerque and Guam.

Credit union clients of CMS will be able to make securities transactions without commissions.

Paul, one of American Banker's Community Bankers of the Year in 2012, made Eagle a formidable Washington-area institution.

Big banks’ edge lies in their sizable presence in faster-growing cities, not any unfair structural or regulatory advantages, according to a new report by the Bank Policy Institute, which represents large financial services companies. Community banks beg to differ.

The $1.2 billion-asset institution has issued rewards payouts for nearly 40 years, but returns have gone down in each of the last few years.

The latest Credit Union Trends Report from CUNA Mutual shows CUs serving more consumers even as the industry continues to contract.

Christopher Becker will succeed Michael Vittorio in January.

More than 20 banks have been sold to credit unions. A prominent banking lawyer made the case at this year's ICBA convention that banks can become more aggressive acquirers.

The former Washington Gas Light FCU in Virginia has unveiled its new name.

East Windsor, N.J.-based McGraw Hill Federal Credit Union will merge into PenFed, the latest in a series of growth moves from the nation's third-largest credit union.

It took less than six months to hammer out the biggest bank merger in more than a decade, and the price was one of the last things discussed, according to a new federal filing.

The San Diego-based credit union’s membership grew at double the national average.

John Quill, a former deputy comptroller, had a key role deciding which banks could participate in the Troubled Asset Relief Program.

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.

Vince Liuzzi previously served as chief banking officer at DNB First in Pennsylvania.

Jared Wolff, a former PacWest executive, had been the general counsel at City National Bank.

The company will open its first office in Iowa after buying the business from Bankers Trust.

The Illinois-based credit union has broadened its field of membership to include two Missouri counties and issued another dividend.