Credit unions

Susan M. Gruber succeeds longtime leader Alison DeTuncq.

In a nation dominated by six large banks, credit unions hope to build membership by taking advantage of the data-sharing rules that would allow them to broaden their reach through fintech partnerships.

Patrick Totten plans to step down from his leadership position at the Florida institution after a successor is chosen.

Kinecta Federal and Hawaii State Federal are launching smaller, high-efficiency branches and creatively managing real estate to better meet members where they are as well as cater to a younger demographic.

Pete Gates, president and CEO of Michigan Schools and Government Credit Union in Clinton Township, Michigan, will retire at the end of 2022. The search has begun for his successor.

Precious Quire-McCloud will oversee the implementation and growth of the institution’s initiatives for diversity, equity and inclusion.

The combined entity would have close to $1.4 billion of assets and nearly 60,000 members.

DFCU Financial in Dearborn is acquiring the $689 million-asset First Citrus Bank, a subsidiary of First Citrus Bancorp. in Tampa.

The quartet have formed United Financials Capital, a credit union service organization that will allow its founders to fund larger loans than they would be able to individually.

FAFCU will add 12 new counties to its eligible areas of coverage after receiving the go ahead from the National Credit Union Administration.