Michigan

LOC Federal Credit Union converted its core processing to Symitar Episys via a solution owned by Member Driven Technologies (MDT).

Community Choice CU has announced a finalized deal to purchase Eastside Family FCU.

After receiving final regulatory approval, the merger of $1.4 million St. Patrick (Croswell) Credit Union into $396 million Security Credit Union began earlier this month.

The board of directors at Parkside Credit Union announced that Janet B. Thompson will take over as the $87 million CU's president and CEO, effective July 13.

First Merchants Corp. in Muncie, Ind., has agreed to buy Ameriana Bancorp in New Castle, Ind.

Flagstar Bancorp in Troy, Mich., has hired industry veteran Leonard Israel to lead its mortgage division.

ChoiceOne Financial Services in Sparta, Mich., has tapped a new president as it splits the role from chief executive.

Mercantile Bank in Grand Rapids, Mich., has named a new chief executive for its bank unit as it overhauls its leadership in the wake of the retirement of its chairman.

Isabella Bank in Mt. Pleasant, Mich., has agreed to buy a branch from Independent Bank in Grand Rapids, Mich.

ST. JOSEPH, Mich. — United Federal Credit Union announced Friday its president/CEO as well as the $1.8 billion institution's board chairman are retiring.

Flagstar Bancorp in Troy, Mich., beat expectations as it reported stronger mortgage volume in the first quarter. The company reported net income of $31.5 million in the first quarter versus a profit of $11.1 million in the previous quarter and a loss of $78.4 million a year ago.

Saginaw, Mich. — Catholic Federal Credit Union said it recently received NCUA approval to add St. Mary's Medical Center of Michigan as a Select Employee Group.

Chemical Financial has retooled its organizational structure as part of the Midland, Mich., company's succession planning.

Ally Financial in Detroit announced its second big management change in less than two months.

UTICA, Mich. — The recent hacking of a Montana credit union provides a stark lesson for CUs across the nation about the security of their web sites — namely that they aren't as secure as executives think.

LANSING, Mich. — Several men from Detroit have pleaded guilty to a string of credit union robberies here late last year.

Huntington Bancshares in Columbus, Ohio, has agreed to buy Macquarie Equipment Finance in Bloomfield Hills, Mich.

KALAMAZOO, Mich. — Educational Community Credit Union (ECCU) has named Julie Blitchok as its new president and chief executive officer, effective March 2, succeeding CEO Charles Cornelius, who is retiring after 36 years of service.

Grand River Commerce in Grandville, Mich., has raised $10.7 million through a private placement.

Independent Bank Corp. of Ionia, Mich., is consolidating 14 of its 74 Michigan branches.