Growth strategies

The $1.5 billion-asset company agreed to buy Southern Missouri Bancshares to expand into two strategically important markets.

Monday’s eclipse is an astronomer’s dream, but CUs’ responses range from trying to make hay while the sun isn’t shining to preparing for potential disaster.

Baxter CU, Randolph-Brooks FCU and Coastal CU have already signed on with the service, which aims to create analytics strategies to help credit unions grow and improve service.

Wisconsin-based CU will acquire five Bank Mutual branches in three cities on August 25.

Triumph Bancorp in Dallas has successfully taken chances on out-of-state acquisitions, factoring and other nontraditional strategies that many of its peers have avoided.

Marvin Schoenhals had been the Delaware company's chairman for 25 years. He stepped down as CEO in 2007.

The company said that Dennis Shaffer, its president, will succeed James Miller at the end of this year.

Southwest Bancorp, frustrated with a lethargic stock price, opted to find a buyer last summer. It was holding talks with Simmons First when the post-election run-up in bank stocks gave its shares an unexpected lift. Did it do the right thing by proceeding?

After its CEO struggled with the college planning process for her daughter, a new in-house team was established at CommunityAmerica CU to assist members with everything from choosing a school to deciding how to pay for it.

The deadline to submit nominations for Credit Union Journal's annual Best Practices Awards is Tue., Aug. 1, 2017.

Mendo Lake CU, Community First CU will join core systems this weekend.

20 Minnesota credit unions now offer the program, members have put $3.5 million in 5,000 accounts.

First Financial in Ohio is buying MainSource in Indiana — with a twist. MainSource's leader will become CEO.

The New Jersey bank is looking to raise offensive capital just months after its deal to be sold to Investors Bancorp was terminated. Investors was tripped up by regulatory concerns tied to Bank Secrecy Act and anti-money-laundering compliance.

Delmar will buy Liberty Bell Bank in New Jersey, which had survived a debilitating six-year battle for control with a former CEO. Liberty Bell also suffered from corporate theft and a check-kiting scandal.

Distribution based on deposit, loan relationships with the credit union in the first half of 2017.

Baby boomers may have been overtaken as the largest generation of consumers in America, but the older demographic still presents plenty of business opportunities for credit unions.

KS Bancorp initially chided First Citizens for its aggressive moves before deciding to mull the offer over.

Why choose a former Visa chief to run a custody bank? Because to survive long term, Bank of New York Mellon will have to look more and more like a payments company.

Des Moines CU has expanded its FOM to include first responders, government employees and more.