Practice management

Old Point Financial in Hampton, Va., has selected its chairman's son as chief executive of Old Point National Bank of Phoebus.

St. Cloud Federal Credit Union, a $116-million institution based in St. Cloud, Minn., said it has launched a new "brand package" which features a new logo and the slogan: "bank on a meaningful difference."

The League of Southeastern Credit Unions (LSCU), which represents CUs in Florida and Alabama, is preparing to roll out the latest round of ads in its cooperative image campaign, which has helped boost credit union membership in both states.

More than a year after CUNA declared that credit unions had surpassed the 100 million-member mark, NCUA today confirmed it, citing that membership at federally insured CUs rose to 101 million members in the quarter ending June 30.

CoVantage Credit Union in Antigo, Wis., has agreed to buy a branch from Baraboo Bancorp.

Great Lakes Credit Union on Wednesday said its Sept. 1 merger with McHenry County Federal Credit Union will result in the larger GLCU picking up two new branches in McHenry County.

While credit unions have always catered to a wide variety of employee and community groups, among the most unusual may be the Amish and Mennonites. Credit Union Journal spoke to three institutions in this marketplace to get a better picture of what it's like to work with these largely isolated faith-based communities.

Illinois Educators Credit Union in Springfield has named Jody Dabrowski its chief executive, succeeding the retiring Gene Taylor. Dabrowski was an assistant vice president of risk management at the $668 million-asset Community Choice Credit Union in Farmington Hills, Mich.

Comerica has hired John Buchanan as its executive vice president of legal affairs.

Time is running out to submit nominations to Credit Union Journal's 2015 Best Practices Awards program. Submissions are being accepted through Tuesday.

First Banks in St. Louis has promoted an executive to chief operating officer and has made two additional promotions.

NCUA announced it has approved a charter for Redeemer Federal Credit Union, making it the fourth new federally chartered credit union of 2015.

Bank of America shareholders should vote to separate the chief executive and chairman roles currently held by Brian Moynihan, CtW Investment Group said.

MADISON, Wis. — CUNA on Wednesday announced the four recipients of the 2015 Community Credit Union of the Year Award.

Avadian Credit Union in Birmingham, Ala., has agreed to buy American Bank of Huntsville in Alabama.

Poage Bankshares in Ashland, Ky., has promoted its bank president to chief executive, following the resignation of Ralph "Gene" Coffman.

Algonquin State Bank in Illinois has promoted several employees in a revamping of executive management.

The Mountain West Credit Union Foundation in Denver has consolidated several programs into a single center for leadership development.

Credit Unions for Kids is inviting CUs across the United States to participate in Shop for Miracles, a one-day CU4Kids program that will raise funds for local Children's Miracle Network Hospitals on Thursday, Oct. 15.

While banks have been backing away from branching, a recent study by SNL Financial that credit unions have been adding more new branches the last couple of years.