Practice and client management

The Illinois-based credit union has broadened its field of membership to include two Missouri counties and issued another dividend.

The payout included bonus dividends and a 7 percent refund of loan interest paid by members.

The banks have no choice but to pick a new name, marketing experts say, but good luck: The best ones may already be taken, made-up names can sound forced, and any change might nudge more customers to rethink their loyalties.

Credit unions are honoring veterans, helping their local schools and encouraging their employees to live a healthy lifestyle.

Two Iowa CUs had to come up with new names after a 2018 law prohibited them from using state universities as part of their brand identity.

The settlement would mark a rare instance where the bank stands to benefit monetarily from a scandal that has severely damaged its reputation and cost it hundreds of millions in penalties.

Leading a credit union can be exhausting. Implementing these best practices can help ease the burden.

A number of credit unions made donations to help charitable causes, including one institution where employees wore jeans to help a dozen nonprofits.

FNB Bancorp in Utah, which is being sold to Glacier Bancorp, decided that the Montana bank's decentralized model would save jobs and give its management team more autonomy.

American National Bankshares is trying to force the proposed American Bank & Trust to change its name.

Steans, a former LaSalle Bank chairman who also led the financial crisis recapitalization that saved Taylor Capital, died on Tuesday. He was 83.

The industry has recognized, hired and promoted a variety of executives, including the Minnesota Credit Union Foundation honoring several individuals for their contributions.

E.J. Donaghey has left University of Illinois Credit Union to become the new president and CEO of Fort Dodge, Iowa-based Citizens Community CU.

Credit unions must walk a fine line between making interactions for members as easy as possible while also providing robust protection against evolving cybersecurity threats.

United Community, Synovus, Cadence and others stand to gain lenders and customers even if BB&T flawlessly integrates the $28 billion acquisition.

CEO John Turner told investors and analysts Wednesday that the merger of BB&T and SunTrust is not putting pressure on Regions to pursue a deal of its own.

The payment marks the fifth consecutive year the Minnesota-based institution has issued a patronage dividend.

Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending.

The Exton, Pa.-based institution plans to open new branches in three counties after posting 11 percent growth in loans last year.

Credit Union Student Choice's decision to open a management center in Texas follows a similar move by Pentagon Federal Credit Union earlier this year.