Practice management

The $641 million-asset mutual thrift promoted Scott Cote to chairman, according to a Friday news release.

First National Bank of Orwell in Vermont has named Bryan Young chief executive. Young, 38, will succeed his father, Mark Young, as CEO of the $56.1 million-asset bank beginning Jan. 1.

Hiway Federal Credit Union in S.t Paul, Minn., has renewed its partnership with the National Hockey League’s Minnesota Wild to be the team’s credit union sponsor.

The $364 million-asset company named Steve Rownd to the positions, effective Jan. 1. Rownd will also be named president and CEO of FNB Bank.

Total loans at federally insured credit unions reached $769.5 billion at the end of the third quarter of 2015, a 3.3% jump from the second quarter; and a 10.7% surge from the third quarter of 2014, according to statistics released by NCUA.

Great Lakes Credit Union in Bannockburn, Ill., and Phone-Co Credit Union have merged.

Achieva Credit Union is believed to be the first institution of its kind to complete a whole-bank acquisition. The deal could provide a template for other credit unions keen on buying banks.

PenFed Credit Union in Alexandria, Va., announced two mergers Wednesday, one with NAVFAC Federal Credit Union in Honolulu, Hawaii, and one with AAFES FCU in Dallas.

Despite years of effort to reach the Hispanic community, credit unions still face a number of challenges—and opportunities—in this market, according to a panel put together by NCUA on this topic.

U.S. Century Bank in Doral, Fla., has announced that its chief executive, Carlos Davila, will resign at the end of the year.

Partner Colorado Credit Union will pay its members a record $1 million in a pre-holiday bonus dividend on Dec. 4.

Annual Best Practices Awards offer a look at tested tactics that can be implemented by other CUs.

Just in time for the holiday shopping season, on Tuesday CO-OP Financial Services announced partnerships with both Visa and MasterCard on new payments technology.

Ent Federal Credit Union said its members received more than $3.4 million in annual loan rebates as part of the CU’s Ent Extras loan benefit program.

Winners of Credit Union Journal’s annual awards offer insights into innovative programs that have made a real difference at their credit unions—and the best part: they’re all things you can adapt at your CU, too.

Firstmark Credit Union and St. Joseph’s Credit Union in San Antonio, Texas, have finalized an agreement for the two to merge.

Business leaders know their enterprises thrive on efficiency and productivity. But learning to capitalize on those goals for maximum returns – well, that's another challenge altogether.

Pioneer West Virginia Federal Credit executives wanted to move its marketing more aggressively into social media.

The Partnership Federal Credit Union's developed its "ZipLINE Credit Builder" to provide members an alternative to payday alternative loans (PALs).

Two credit unions are using – and praising -- a new weapon in the plastic card security arms race.