Americas

Grand Mountain Bank raised $7 million to help it exit the crisis-era capital program.

Live Oak Bancshares is used to finding ways to make small-business loans, but its new M&A operation was formed after two bankers pitched the plan to Live Oak's management.

Electric Energy Inc Employees CU will become part of larger credit union.

First Green Bank in Florida started researching the business after its chairman saw how medical marijuana had helped his wife cope with a severe injury. The bank is now turning a profit a year after adding its first pot-related client -- and there could be lessons there for credit unions.

Brookline will pay $56 million in cash and stock for First Commons in a deal that will add $324 million in assets.

The Florida bank started researching the business after Ken LaRoe, its chairman, saw how medical marijuana had helped his wife cope with a severe injury. First Green is now turning a profit on this business a year after adding its first pot-related client.

New report provides info on how credit unions in the two states are growing, offering key market intel as they head into strategic planning.

Coastal FCU CEO Chuck Purvis was recognized this year by the Credit Union Executives Society for his commitment to the movement

The credit union will be CU*Answers' second member-owner in the greater Des Moines area

The Massachusetts company hired banking veteran Mark Thompson, who recently scrapped an effort to buy a struggling bank in Boston, as its bank president.