Growth strategies

H. Palmer Proctor has been the Atlanta company's president since 2004.

The Fed said it will conduct extensive reviews only of deals that create banks with assets of $100 billion, replacing the prior mark of $25 billion. The disclosure was included in the Fed's approval of People's United's purchase of Suffolk Bancorp.

Selling a participation in a line of credit to the Puerto Rico Electric Power Authority reduced the company's nonperforming assets by 9%.

First Busey will pay $133 million in cash and stock for Mid Illinois in a deal that should close later this year.

SBA lending is on a tear. Gulf Coast Bank & Trust is the latest institution to dive into doing this activity nationwide after buying CapitalSpring.

League representing Florida and Alabama credit unions will pay out more than $200,000 in dues rebates, bringing the grand total returned to members in recent years to more than $1.4 million.

Farmers National will pay about $7.8 million in cash and stock for the $43.3 million-asset Monitor in a deal that should close in the second or third quarter.

First Florida Credit Union is touting a banner year in 2016 and says plans are underway for an even better 2017.

After sponsoring the Poinsettia Bowl for 12 years, SDCCU will hang its name on bowl game with four decades of history.

Koger Propst was also named CEO of the company's $2.6 billion-asset ANB Bank.

Investar will pay $46 million in cash for Citizens, which has three branches and $246 million in assets.

Joseph Greco previously served as CEO of Southern Connecticut Bancorp, which sold itself to Liberty Bank in 2013.

Premier Asset Management will add $550 million of assets under management to a platform that First Midwest has historically built with organic growth.

The agreement comes three months after Astoria and New York Community Bancorp called off plans to merge.

Consulting firm’s aim is to proactively connect credit unions with consumers.

Merger effective March 1 after 90% of Martin FCU's membership voted in favor of the move.

Iberiabank is making the biggest deal in its history in Miami, an area known for boom-bust cycles and a condo market that stung banks during the crisis.

Oregon-based CU now can serve the licensed insurance industry nationwide.

In honor of Black History Month, Credit Union Journal queried African-American leaders in the credit union movement to find out how well credit unions are serving minorities -- both as members and as employees -- and areas for improvement.

An innovator in the fields of payments and shared branching, the recently retired CEO of CO-OP Financial Services returns to CUNA’s GAC — and dons a tux — one last time.