Wisconsin

The West Bend, Wis.-based institution's new chief executive has been with the credit union for more than 15 years.

Other banks have made splashy acquisitions there, but PSB Holdings is getting ready to open a branch after making inroads in the market for three years. Its next step could be M&A.

Executives of the Wisconsin bank realized employees weren't getting enough direction so they adopted a strategy that breaks objectives into smaller steps.

Institutions in the Badger State reported that lending was up by almost 6% and delinquencies remained at historic lows.

The company will pay $195 million for its first retail operations in the city.

The young professionals' development group is searching for a new manager following Lauren Culp's departure on Friday. She will remain in the industry.

The most recent Credit Union Trends Report from CUNA Mutual Group is “indicative that both the credit cycle and the U.S. business cycle are moving into their last stage before the next economic slowdown,” according to one economist.

A new employee each year will be selected to represent the Eau Claire, Wis.-based credit union at industry events.

The Wisconsin regional agreed to buy the parent of First National Bank in Staunton for $76 million in cash.

County Bancorp is a small dairy lender in Wisconsin with an exposure to milk prices, and Bank OZK is a larger bank in Arkansas coping with out-of-market real estate trends. Their stories show how market sensitivities can vex specialists.

Credit unions reported gains in a number of key areas but member business lending and new auto loans took a hit as overall growth continued to slow.

The bench upheld a lower court's ruling that the plaintiff did not suffer an "injury-in-fact." Several judges previously made similar rulings.

A growing number of credit unions are moving their headquarters to revitalized urban areas, and while some say that could help recruit new staff, it also carries the risk of being associated with gentrification.

These programs are allowed in a majority of states, but only a small portion of credit unions offer them. That may change as the need for deposits grows and consumer expectations shift.

Credit unions can usually limit attrition of consumer accounts after a bank acquisition, but maintaining relationships with business customers is the bigger challenge.

The deal with Frandsen Financial is the 12th bank M&A transaction this year involving a seller in Wisconsin.

A Wisconsin credit union's agreement to acquire a small Chicago bank, the eighth credit union-bank deal this year, led bankers to once again call for policymakers to slow the trend. A credit union trade group complained that banks are trying to stifle competition.

The collaboration will include establishing an i3 presence at CU Direct's Irvine, Calif., campus.

The tech company denied allegations from Bessemer System Federal Credit Union regarding security issues and other problems with Fiserv's services.

Project 2025, a new venture from the Children's Miracle Network's Credit Unions for Kids program, has tapped 10 young credit union leaders to envision how the industry can improve its corporate giving.