New Hampshire

Timothy Collia will step down from the Portsmouth, N.H.-based institution later this year. A search for his successor is already underway.

Longtime leader John Young plans to retire at the end of 2021, and the credit union has hired Humanidei to find a replacement.

The Vermont-based credit union received the OK from federal regulators to add 650,000 potential members to its FOM, an increase of 15%.

The Granite State’s highest court upheld a lower court’s ruling in a suit claiming the banking trade groups had defamed the patent firm.

Millyard Bank is on a course to open by the end of this year.

A recent study shows credit unions are likely to be increasingly reliant on vendor partners if they want to maximize efficiency and security in the account-opening process.

The Springfield, Vt.-based institution is the latest CU to cross a neighboring border, as a number of other institutions have looked to expand their reach

The nation's first credit union saw an 88.5% increase in net income for 2018 thanks to a variety of factors, including a one-time payout from the National Credit Union Administration.

Nathan Saller was tapped to replace President and CEO Michael L’Ecuyer, who is set to retire Oct. 1.

Members of Cheshire County Federal Credit Union have approved the merger into the Gardner, Mass.-based GFA.

A. Scott MacKnight is now the president and CEO of Triangle Credit Union after its longtime leader, Maurice Simard, retired.

David Araujo, who served as an executive at Digital Federal Credit Union, will join the Portsmouth, N.H.-based institution next month.

Millyard Bank aims to become the state's second post-crisis de novo. Primary Bank opened in 2015.

The Massachusetts bank has offered wealth management services in the state for several years.

Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis.

This year marks the third consecutive year the league has awarded $125,000 to member credit unions.

Savings Bank of Walpole and New Hampshire Mutual Bancorp believe merging help them preserve a banking model that has faced pressure in recent years. The CEO at Savings Bank will also replace New Hampshire Mutual's retiring leader.

The mutual, which agreed to buy First Colebrook Bancorp, had recently opened a limited-service branch in Portsmouth, N.H.

The combined institution has assets of more than $1.3 billion and serves more than 120,000 members.

First Colebrook Bancorp in Colebrook, N.H., has raised $5 million to exit the Small Business Lending Fund.