Minnesota

Kelly Skalicky has succeeded her father as CEO of the Minnesota bank.

Donald Finn began his credit union career in 1964 by working as a loan officer for a Michigan institution.

The payment marks the fifth consecutive year the Minnesota-based institution has issued a patronage dividend.

Soo Line Credit Union would merge into Central Minnesota Credit Union, creating an institution with more than $1.1 billion in assets.

The Hermantown, Minn.-based institution has added two new counties in Minnesota that it can now serve.

OnApproach was launched in 2005, while Trellance was launched just two years ago as a division of CSCU

Credit unions in the Gopher State have pledged at least $3.5 million to the Credit Union National Association's awareness effort.

Both banks' need for scale started the conversation and the lifting of the SIFI threshold helped seal the deal. Here are five takeaways from one of the industry's biggest recent mergers.

Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be based in Detroit, Chemical's hometown, and operate under the TCF brand.

The three institutions will use a platform from Fiserv to help improve efficiency.