Growth strategies

After a nearly $100,000 loss in 2018, $30 million-asset Alliance Blackstone Valley Federal Credit Union is set to merge into Rhode Island CU and its network of branches across the state.

John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A.

Bank First's deal for Partnership is the third Wisconsin bank merger announced this week.

Industry groups and lawmakers have joined bankers in insisting the agency develop a plan to resolve the paperwork problem before the partial government shutdown ends.

The company will pay $93 million for Kinderhook Bank, which has a concentration of branches around Albany.

Most bigger banks aren't interested in buying out their smaller counterparts, but these institutions are of interest to credit unions looking to grow.

The company will top $1 billion in assets after it buys the parent of F&M Bank in Tomah, Wis.

Greenwoods Financial will have $270 million in assets when it buys Fox River Financial.

The Chicago-area credit union can now accept members who live or work in a variety of Illinois counties.

The Midland, Mich.-based institution returned $19.4 million to members for 2018 through rewards and dividends.

John Milleson, who has led the company for 20 years, will retire after his successor is in place.

The Indiana-based institution's distribution for 2018 was up more than 60 percent from the previous year.

The Montana company will more than double its assets in Utah when it buys FNB Bancorp.

The Iowa company will pay $94 million for a bank with five branches and $727 million in loans.

Credit unions in Idaho, Oregon and Washington gave a $603 million direct financial benefit to members, according to a new report, which also showed membership growth outpacing population growth in much of the region.

Bob Jones will retire in early May. He will be succeeded by Jim Ryan, the Indiana company's chief financial officer.

This is the seventh consecutive year that the Kansas City area institution has returned at least $5 million to its members.

The U.S. unit of Mitsubishi UFJ Financial has agreed to buy a platform from GE Capital.

The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial.

The deal for Citizens State Bank is part of VyStar's plan to expand throughout Florida and Georgia.