Growth strategies

The purchase is expected to nearly double the credit union’ s monthly mortgage volume.

The National Credit Union Foundation is calling on credit unions to apply to leverage the Center for Financial Services Innovation’s (CFSI) consumer financial health assessment tool.

WASHINGTON, Pa. – CHROME Federal Credit Union has been on a growth run over the past two years, which continued in October when $35 million Pittsburgh Central Federal Credit Union was merged into $170 million CHROME FCU.

Both CUs have a history of serving members in the health care industry.

The credit union said that teaming up with Purple Heart Homes was a natural extension of the work it already does to assist veterans.

Superior Credit Union Inc., a $630 million institution based in Lima, Ohio, said that its subsidiary, Superior Financial Solutions LLC, has acquired Yocum Realty, a real estate brokerage firm also based in Lima.

A lot has changed for credit unions since the original Bank Transfer Day in 2011, but one thing that hasn't changed is the ability for CUs to utilize Facebook, Twitter and other outlets to mobilize consumers to join a credit union.

Eau Claire, Wis.-based Royal Credit Union on Tuesday said it has completed its acquisition of the Apple Valley, Minn., office of Deerwood Bank.

Silver State Schools Credit Union continues to leave the Great Recession in its rearview mirror, as on Tuesday it reported its 18th consecutive quarter of positive earnings.

America’s Christian Credit Union in Glendora, Calif., has entered an educational partnership with the School of Graduate and Continuing Studies (SGCS) at Olivet Nazarene University.

As voters in California, Florida and nine other states decide whether to legalize marijuana, the results may force Congress to resolve differences between federal and state laws.

Mentor, Ohio-based Cardinal Credit Union on Monday said three credit unions from the Buckeye State's Mahoning County have merged into Cardinal CU.

Wells Fargo chief Tim Sloan on Thursday downplayed the financial damage from the bank's phony-accounts scandal and insisted there is still a role for cross-selling if conducted properly.

The guidebook is a project of the regulator’s Small Credit Union Learning Center.

Greenwood Credit Union, a $442 million institution based in Warwick, R.I., has appointed Frederick Reinhardt as president and CEO, effective November 1, succeeding Jim Irving, who will retire after 11 years of service.

The two institutions announced their plans to merge earlier this year.

The state-chartered credit union's expansion plan was announced just days after regulators approved a rule broadening field-of-membership rules for FCUs.

All Seasons FCU served employees of HVAC manufacturer Carrier Corp., which announced its intentions earlier this year to close its Indianapolis plant.

The popular “Young & Free” program is still widely utilized, but some CUs are crafting their own independent outreach programs and bringing in millennial staffers to run them.