Minnesota

Doug Ralston is set to succeed Scott Lundgren, who is retiring after 33 years in the credit union movement.

CU in the heart of California’s Silicon Valley will change its core system this summer.

Choice, which has a history of acquisitions, is buying a financial institution that largely focuses on business banking.

The company could use proceeds from the planned offering to add branches and make bigger loans.

The Kansas City, Mo., company sold Marquette Asset Management, a business it gained as part of its purchase of Marquette Financial Cos., to the firm's principals.

The bank will step onto the national stage this weekend when the Patriots and Eagles face off at the Minneapolis stadium where it holds the naming rights. It has taken steps to capitalize on the exposure ahead of its expansion into new markets.

Wings Financial Credit Union will also gain about $40 million in deposits and $10 million in loans.

Minnesota-based CU has returned $3.1 million to its VIP members in five years.

The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, declining to take into account claims the transaction imperils the target's S corporation status.

The Communal CU says it will automate processes, use data in strategic decisions.