Practice management

The Michigan company will pay $68 million to expand in a high-priority market.

CIT Group will gain nearly $7 billion in low-cost deposits, mostly tied to homeowners associations, as part of the acquisition.

Credit unions gave out scholarships and helped with financial literacy while dozens of students graduated from Western CUNA Management School.

The companies said the merger will provide scale and help them update technology more efficiently.

Margin expansion may grind to a halt if the Fed holds rates steady or cuts them further. The problem is regionals tend to lack the side businesses that the big banks possess to offset lending slumps. Check out our annual ranking of banks with $10 billion to $50 billion of assets.

The Los Alamos, N.M.-based institution said that Dwayne Herrera would take over as CEO after its previous leader took another job.

Ron Baron had been serving as interim president and CEO for the Delaware-based institution before being given the job permanently.

Sen. Susan Collins stopped by the Maine Credit Union League while other institutions supported local teachers and charities.

The bank will buy First State Bank of Mobeetie.

The company will pay $13 million for the parent of Western Bank of Wolf Point.

Several credit unions have hired new employees while a financial advisor was recognized for his volunteer efforts.

CFO Ewen Stevenson, who has been in place only since January after joining from Royal Bank of Scotland, has established himself as the dominant force in the 154-year-old bank's executive suite, say current and former HSBC officials.

Data collection and analysis is more accessible than ever before, and credit unions must use this tool if they want to successfully compete.

Consolidation heated up in recent weeks after a tepid start this year. Here is an overview of noteworthy deals announced in June and July.

The Atlanta fintech, whose shares have plummeted since it went public last year, also said it will stop providing financial guidance to its investors.

Credit unions have recently announced personnel changes in a number of areas, including human resources, information systems and operations.

Credit unions not actively thinking about mergers are at risk of missing out, an industry expert warned at a recent conference.

The company will pay $43 million in cash for a bank with seven branches and $209 million in deposits.

With margins under pressure and competition intensifying, a number of community banks are zeroing in on underserved markets.

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader.