Growth strategies

A new initiative at Keesler FCU will return as much as $108,000 in givebacks to members during its first year, but do CUs get any real value from returning that much money to their membership?

The company agreed to buy Commerce Bancshares, which has three branches in Boston.

Financial Institutions in western New York withdrew plans to raise $40 million.

Along with asset and membership milestones, the credit union celebrated its 100th anniversary in 2016.

The $489 million acquisition is among the ten biggest bank M&A deals announced this year.

Bank First has agreed to pay $76 million in cash and stock for Waupaca Bancorp. The company should have nearly $1.8 billion in assets when it completes the deal.

Stonegate Bank in Florida figured its balance sheet was too small and undiversified to stay independent. But it was choosy in approaching potential buyers and aggressively scrutinized the lead bidder’s loan book.

The $71 million transaction is the latest in a series of acquisitions by Seacoast in recent months.

The Arizona company said Kenneth Vecchione would be a candidate to eventually replace CEO Robert Sarver.

The acquisition will make the Tennessee company one of the biggest banks in the Southeast, with assets of more than $40 billion.

The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.

First Bancorp has emerged as one of the few consolidators in North Carolina at a time when many other banks in the state have opted to sell.

The $34 million acquisition is expected to strengthen Central Valley's banking operations in northern California.

The credit union is the tenth largest in Pennsylvania, serving more than 80,000 members.

One millennial's take on how credit unions can woo the next generation of members.

All 93,000 members of the Delaware Electric Co-Op are now eligible to join Del-One FCU.

The acquisition will provide South State with more than $3 billion in assets and a larger operation in North Carolina.

The credit union said the $600 million-asset milestone represents growth of more than 3 percent since the end of 2016.

Sierra will pay $36 million for the parent of the $257 million-asset Ojai Community Bank in a deal that should close by the end of this year.

The deal is the latest coastal acquisition for United Community. For HCSB, the sale is the final chapter in a turnaround that began 13 months earlier.