Practice management

The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices.

The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display.

Truliant FCU and Topline FCU made changes to their member experience teams while other institutions also announced personnel moves.

Dealmaking through early November is slightly ahead of last year's clip thanks to a recent flurry of merger announcements. However, excluding BB&T-SunTrust, values and multiples are shrinking.

Credit union leaders can't truly understand how consumers interact with their institution until they've walked through those processes themselves and dealt with the same pain points members face.

John Rhea has served as president and CEO of the Georgia-based institution for 11 years.

Politicians' grand plans to reform the college funding process won't come to fruition anytime soon, so credit unions shouldn't ignore the opportunties presented by student lending.

The veteran banker succeeded Randy Sims, who recently retired. Sims had been the Arkansas company's CEO since replacing Allison in 2009.

Consumer identities are becoming increasingly digital and more prone to privacy risks. Lawmakers cannot sit idle.

Margaret Hunnicutt, the institution's current former CFO and currenet CEO, will retire in January and be succeeded by the credit union's current chief financial officer.

Credit unions recently made new hires and promoted employees in areas such as human resources, finance and membership development.

The credit bureau will consider borrowers’ rental payment history and professional licenses; bank looks to build business on the other side of the Atlantic.

While layoffs at big banks get the headlines, small and midsize lenders are also trimming payrolls in response to lower rates and fears that a recession is getting closer.

Whitefish Credit Union has surpassed $1.5 billion in total assets thanks to growth in consumer loans brought on by an increased digital marketing presence.

From days of service to ongoing donations, credit unions are finding a variety of ways to give back to their communities this season.

One organization's findings reveal that financial counseling, when done right, can also help boost institutions' lending and brand recognition.

Trade groups from several different states honored industry leaders while many individual institutions have announced recent personnel moves.

Tri County Financial will pay an undisclosed amount for H.F. Gehant Bancorp.

First Horizon and Iberiabank solidified their resolve after BB&T and SunTrust announced their merger. Bryan Jordan, First Horizon's CEO, says he's convinced the earlier deal is having a similar influence at other regional banks.

The North Carolina-based credit union is doubling down on claims of trademark infringement following the biggest bank merger in decades.