Practice management

How can credit unions build community partnerships to provide more products and services?

Baileyville, Maine-based Consolidated Solutions LLC, an indirect lending CUSO that serves a number of Maine credit unions, recently celebrated a milestone when it reached $1 billion in loans.

Roughly once a quarter senior executives at Community Bank in Brandon, Miss., take a select group of up-and-coming managers on a three-day retreat. The trips are part of a management training course known as the Falcon Program that took flight in 2012.

Family Security Credit Union, a $580-million institution based in Decatur, Ala., said it has entered into a definitive agreement to purchase substantially all of the assets and assume the deposits of the privately held Bank of Pine Hill, based in Pine Hill, Ala.

Members of $29 million POSTMARK Credit Union, Harrisburg, Pa., on Thursday voted "overwhelmingly" to approve a merger with $952 million Xceed Financial Credit Union, based in El Segundo, Calif.

San Diego County Credit Union in Calif. reported above standard ratios, stable assets and increased member growth during the second-quarter.

Workers’ Credit Union, a $1.4-billion institution based in Fitchburg, Mass., has finished updating all of its sixteen branches with what it referred to as a “bold new look,” thereby completing the first portion of a program that commenced in May of this year.

New Bancorp in New Buffalo, Mich., has hired Shawna Zawada as controller and principal financial officer, days after Russell Dahl resigned as chief financial officer.

In 15 years of partnering with race organizers, CUs have raised $7.5 million for Children’s Miracle Network Hospitals.

LAS VEGAS — Earlier this month at the 39th Directors and CEOs Leadership Convention, Credit Union Journal asked attendees: What are the biggest issues facing your CU as you head into strategic planning season?

What does it take to get the most from a CU's board of directors? It's more than just a rubber stamp.

Minnesota-based TruStone Financial FCU announced a merger with Wisconsin-based Kenosha Postal Employees CU, effective Sept. 10, 2016.

The chairman of First National Bank of Santa Fe has accepted additional duties ahead of the bank's upcoming merger.

U.S.-based credit unions aren't the only ones engaged in a slew of mergers — the trend is also underway across the pond.

The California and Nevada Credit Union Leagues have partnered with education technology company EverFi to bring digital financial education to 70 of their member credit unions and the communities they serve.

The longtime chairman and chief executive of Cathay General Bancorp will relinquish his CEO title this fall and the company's bank president is set to succeed him.

Lower Valley Credit Union, based in Sunnyside, Wash., on Wednesday announced it was given a $100,000 Wells Fargo NEXT Seed Capital Award to implement its strategy to launch an innovative consumer finance community outreach program in Prescott, Wash.

Needham Bank in Massachusetts is searching for a new chief executive just 14 months after its current leader took over.

A dozen states now take part in the Hispanic outreach initiative.

The $1 billion-asset Greylock announced in a press release Monday that it is acquiring via merger tiny Hurlbut Employees FCU.