Growth strategies

Auto lending, mortgages and MBLs are on a tear, and more than half the state's population are now credit union members.

This is the third year the Wisconsin-based CU has returned a "Member Loyalty Cash" reward to members, with $600,000 given back since 2015.

Active members received a percentage on savings account dividends earned and a rebate on loan interest paid throughout 2017.

The credit union’s new name is intended to reflect its electric utility roots, as well as its growth beyond a single-SEG institution.

The company, which sold about $3 million in stock through a private placement, also plans to add branches on Staten Island.

Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy.

Neff, who joined the company in 1999, gained oversight of retail banking with the promotion.

The company sold securities in the fourth quarter to stay below $10 billion in assets and avoid a cap on interchange fees.

The credit union saw a net income of more than $26 million during the first three quarters of 2017, after earning more than $42 million in 2016.

The Lakeland, Fla.-based institution reached the milestone in late December following several years of strong growth.

First Financial of Maryland Federal Credit Union rewarded members based on products and services they used in 2017

From showcasing small businesses to challenging members to donate for disaster relief efforts, here's another look at how credit unions are giving back.

The $5 billion-asset credit union approved the special award to certain members based on dividends and interest paid.

CSCU will continue as a separate, card-processing entity.

Doug Bowers contends that last year’s leadership shake-up, job cuts and corporate governance overhaul will make the company more competitive in its home state.

Acquirers announced deals in California, Missouri and Pennsylvania on the last business day of 2017, raising the year's final tally to 245 transactions.

Members will receive 2 percent return on loan finance charges, bonus dividend.

The energy crisis, hurricane damage and merger costs have hampered earnings per share at the Louisiana bank. Its CEO has to clear those hurdles and convince investors steady growth is ahead.

The veteran banker wants to turn his Pennsylvania bank into a major business lender. But first he has to spin off the buzzy digital-only bank he helped build.

The California-based credit union has seen significant growth among young members, but satisfaction rates were on the decline among all demographics due to long lines and wait times.