Texas

East Windsor, N.J.-based McGraw Hill Federal Credit Union will merge into PenFed, the latest in a series of growth moves from the nation's third-largest credit union.

Crystal Long, CEO and president of GECU, is being recognized by the National Credit Union Foundation for her efforts in financial literacy.

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.

Credit Union Student Choice's decision to open a management center in Texas follows a similar move by Pentagon Federal Credit Union earlier this year.

Alan White, who will step down in April, and Jeremy Ford have served as the company's co-CEOs since September 2016.

The company has agreed to buy Preferred Bancshares in a deal set to close by mid-2019.

Stephanie Sievers, who already has experience running two small credit unions, will take over at the $35 million-asset CU.

Community banks generally make digital a consumer play, but TransPecos Bank, with its BankMD brand, is focusing on doctor practices, which tend to weather economic downturns well.

The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.

Shalonda Dawkins, who joined the Houston credit union earlier this month, has worked in the financial services industry for over 15 years.

Woodforest National Bank made so many C&I loans that it cut into capital and required more liquidity. It has shifted gears, selling two business lines as it refocuses on deposit gathering.

The new facility in San Antonio will house several management functions and create almost 600 jobs.

A federal judge in Texas has ruled a website is not a physical place and is not subject to the Americans with Disabilities Act.

The New York company will add $504 million of asset-based and equipment finance loans as part of the acquisition.

The Texas bank disclosed that James Dreibelbis, a longtime Woodforest executive, succeeded Nash as president and CEO in late December.

Scott Rose, who will join the Texas institution in February, has worked in the credit union industry for more than 25 years.

Kerry Parker, the Austin, Texas-based credit union's current CEO, expects to retire around midyear.

Gail Enda is taking over at the $7 billion-asset institution as its outgoing leader, Angie Owens, takes a job with American Airlines.

Less than three years after taking the helm at Baltimore Washington Federal Credit Union, Lester Warby is set to take over at STAR Credit Union in Corpus Christi.

Stephen Raffaele has been the bank's president since 2016.