Americas

The Delray Beach-based credit union entered into the deal as part of a broader expansion push along Florida's Treasure Coast.

The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.

The Massachusetts mutual hired two former bankers from Blue Hills Bancorp, which was recently sold to Independent Bank.

Growth in the KeyStone State was close to or surpassed national averages across a number of fields.

Mendell Thompson, who has led the California-based institution for 33 years, will leave in March 2020.

David Woodruff was the head of Zia Credit Union in Los Alamos, N.M., before taking the job with APL.

Volunteer Income Tax Assistance is reportedly bringing an influx of consumers to credit unions this tax season, but those institutions are hamstrung on the extent to which they can turn that opportunity into new business.

The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.

Joe Christian, executive vice president of operations, will take the helm at Albuquerque-based Nusenda Credit Union after CEO Terry Laudick stepped down.

Constellation Federal Credit Union has received the OK from members and regulators to merge into $3.4 billion-asset Northwest FCU.