The $282 million-asset institution's new name is intended to build on its work with underserved communities around St. Louis.

The pandemic and economic downturn upended most institutions' advertising plans for the year, and many credit unions have had to adjust not only their messaging but also the loan products they are promoting.

A plan to merge the $5.5 million-asset credit union into Cal-Com FCU will provide additional services for members while also easing the process of replacing several employees who plan to retire this year.

The Vermont-based credit union received the OK from federal regulators to add 650,000 potential members to its FOM, an increase of 15%.

The two institutions have assets of more than $215 million and serve over 12,000 members.

Pathways Financial's acquisition of Standard Register FCU increases its foothold in the Dayton market.

The deal continues Sound's push into markets north of its Tacoma headquarters.

Data from the National Credit Union Administration shows that despite a dip during the second quarter, the rate of industry consolidation has not changed dramatically from last year, despite the pandemic.

Members of Sperry Associates FCU will vote on a deal to merge into the nation's third-largest credit union. Both institutions have roots in serving the defense sector.