Georgia

The $20 million-asset Stephens-Franklin Teachers Credit Union will merge into Peach State later this week.

Strong net interest income and other factors made up for a drop in investment banking and other noninterest income at the Atlanta bank, which reported double-digit earnings growth.

Governors in Arkansas, Georgia, Oklahoma, Texas and Wisconsin used International Credit Union day as an opportunity to recognize the industry.

More than half of all federally insured credit unions have less than $50 million of assets. But challenges, including increased demands for technology, are making it harder for small institutions to thrive, forcing some to look for merger partners.

Augusta VAH Federal Credit Union in Augusta, Ga. has announced plans to merge into SRP FCU, across the state line in nearby North Augusta, S.C.

The CFPB's move is in line with the other banking regulators who have offices in Atlanta.

A new study breaks down the benefits consumers in the Peach State receive just from being credit union members.

The company said the move should address investor concerns about potential margin compression, slower loan growth and an economic slowdown.

CUNA, Georgia CU Affiliates have partnered for an amicus brief on behalf of credit union.

Credit unions across the mid-Atlantic are bracing for Hurricane Florence, with many closing their doors and not expecting to reopen until next week.

Larger community banks are favoring bigger targets — or relying more on organic growth — to expand.

One community bank decided it can build closer relationships with business clients by hosting events to help them learn how to fortify their cyberdefenses.

Ratings firms and mutual funds are seeing greater value in community banks because of their simplicity and local connections.

The Georgia Bulldogs football coach appears in a new commercial for Georgia United Credit Union, part of a five-year partnership between UGA athletics and the credit union.

The process for the credit union to acquire State Bank of Georgia began late last year.

Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank.

Florida created headaches for the Georgia company during the financial crisis. Increased discipline, and wholesale changes to banking, make the $3 billion purchase of FCB Financial less risky, CEO Kessel Stelling says.

The Mississippi company will also gain its first branches in southern Georgia as part of the $80 million deal.

A merger with Towns-Union Educators' FCU is Peach State's fifth such move in three years.

The $2.9 billion deal is the Georgia company's first traditional whole-bank acquisition since 2006. It is also the year's second-biggest bank acquisition.