Practice management

The company sold common stock to employees, existing shareholders and new investors.

EVP Ron Neumann has been named as her successor of the $1.6 billion credit union.

Credit unions all across the nation are beefing up their front lines and bolstering both middle and senior management.

The company will pay $62 million in cash for a bank with four branches and $337 million in assets.

The Arkansas company has spent two years trying to reassure nervous investors and analysts that it can rapidly book real estate loans using conservative practices.

The credit union service organization gained 11 new member-owners in 2017, bringing total ownership to 50 CUs.

The Battle Creek, Mich.-based credit union has given rebate to members for 10 years, totaling $9.3 million.

The Kansas City-area credit union has returned a dividend to members for 22 consecutive years, and this is the sixth year in a row it has given back at least $5 million.

Edwin Hada succeeds retired CEO G. Michael Padgett, who served LAPFCU for more than three decades. Hada spent more than 10 years as SVP/CFO at the credit union.

Kevin Lycklama is set to succeed Patrick Sheaffer, who has led the company since 1976.

Executives at U.S. Bancorp and Bank of America plan to use their tax savings to ramp up spending on new technology to stay competitive — but they sought to reassure investors that they would not abandon cost control.

Liberty will add a branch in Kansas City, Mo., along with three locations in nearby communities.

Providing the default card in digital subscription services is one way banks can win back bill-pay business, save customers time and help them manage their data.

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting.

Ameris, which was operating under a regulatory order when it agreed to buy Atlantic Coast, agreed to pay more money if it failed to complete the acquisition by mid-2018.

The cooperative financial technology company will offer Ellie Mae’s Encompass all-in-one mortgage-management product.

The move comes at a time when banks are becoming more aggressive in acquiring or investing in financial technology companies.

The company is gaining heft in Michigan's Upper Peninsula with its $34 million purchase of First Federal of Northern Michigan.

Costs fell less than 1% to $54.7 billion in 2017, and its goal for 2018 is $53 billion. Analysts question whether revenue growth and tax relief will reduce the incentive to get leaner.

Two CUs promote key people to new posts, plus more new hires, promotions and special recognition of credit union professionals across the country.