Practice management

Absorbing Health Facilities FCU will deepen S.C. Federal's presence in the city of Florence.

The deal will create a bank with nearly $50 billion in assets.

Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.

The company will merge Fidelity Savings and Loan and Washington Savings Bank into its own bank.

The $28 million-asset AB&W Employees Credit Union will merge following a year of uneven financial results.

Credit unions across the country make philanthropic donations all year long, as well as during the week after Thanksgiving.

The National Credit Union Administration recently made it easier to hire job applicants with small criminal offenses in their past, but some in the industry still have concerns.

The company will pay $122 million for six branches and nearly $1 billion in assets.

While digital channels are becoming more popular, many banks remain committed to highway advertising.

Stephen Grech, currently CEO of Monroe County Community FCU, will move to the $225 million-asset LOC early next year.

The Albany-based credit union has picked up tiny City of Schenectady Employees FCU, which has struggled with profitability issues for years.

EVP/COO Kim Reedy will take the helm after David Doss steps down.

The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine.

The industry's dominant growth strategy of 2019 was a hot topic during a House Financial Services Committee hearing.

Credit unions must do a better job focusing on how members interact with the institutions chartered to serve them.

Apollo Bank's agreement to be sold to a credit union has bankers worried there will be larger such sales in 2020.

Craig Howie, who joined the bank after a merger, will succeed the retiring Jon Evans on Jan. 1.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

The Ogden, Utah-based institution wanted a name that reflected a field of membership beyond the university it was chartered to serve.

The company will enter three counties in its home state after it buys Roselle.