Wyoming

The new name is meant to position the credit union as a leader in technology and service.

The Southern California-based credit union would add a fourth branch in the Cowboy State if members of the merging credit union approve the deal.

The Wyoming-based credit union will gain about $100 million in deposits as a result of the deal.

Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.

The San Francisco bank is also bulking up in Florida and Wyoming, no-tax states where many of its affluent clients have retired or have second homes.

The deal will bring a wider array of products and services to members of the $4.4 million-asset Yellowstone FCU, including online bill pay and a shared ATM network.

As part of this year's Best Practices Awards, CU Journal looks at a trio of institutions that have found creative and effective ways to bring in new funding.

Tanya Hobson will take over for Mechelle Johnson, who will step down in June after 24 years at the helm of the South Dakota-based institution.

Industry lawyers say the agency’s decision could have implications for other bankers looking to change jobs.

With desirable merger partners hard to find, some credit unions are starting to look well beyond their home base.