Growth strategies

The $1.2 billion CU has returned more than $80 million to members over the last 36 years that it has been issuing annual bonuses to its membership.

The Lompoc, Calif.-based CU is building a new main office in Santa Maria, Calif., after topping the $1 billion mark.

The two institutions are rewarding members for contributing to the credit unions’ success throughout 2016

The $1 billion-asset credit union will now serve five counties across New York's Finger Lakes Region.

The $8 million credit union’s single office will become a branch

Five federally insured, low-income credit unions earned certification as community development financial institutions

The New York credit union is touting double-digit growth for 2016.

The $9.9 million CU will retain its identity even as it becomes part of much larger organization.

Credit unions in Arizona and Texas recently topped major asset milestones – Hughes Federal Credit Union, Tucson, Ariz., said it surpassed $1 billion in total assets, while Texell Credit Union, Temple, Texas, now has more than $300 million in assets

While the rising interest rate environment has gotten a lot of attention, plenty of other factors will play a role in CUs’ financial fortunes in the year ahead, including a potential Dodd-Frank rollback, rising delinquencies and more.

This is the fourth merger for UNIFY within the last 12 months.

HeritageWest and SouthWest Community CUs have both maintained their name and logo as divisions of Chartway FCU since they were acquired in 2010.

More than 420 FIs across the country offer Kasasa’s checking and savings account services.

Housatonic Teachers will operate under its existing name as “a division of Nutmeg State Financial CU” for the duration of 2017.

As the new Congress and administration take shape, the credit union trade association is ramping up lobbying efforts even as it celebrates a major milestone.

Oklahoma City, Okla.-based True Sky Credit Union on Thursday said it gave 2016 year-end rebates and bonuses totaling $359,000 to more than 50,000 members.

Cape Breton CU was created as a result of two CUs joining forces. The new institution currently serves approximately 5,800 members.

NCUA is also accepting nominations for consulting during the second half of 2017.

This is the 21st consecutive year the credit union has paid dividends back to members.

The credit union has rewarded nearly $3 million in patronage dividends to members since 2005.