Practice management

Ally Bank, which has been known for online deposit-gathering and ads that poked fun at traditional banks, was the envy of some in the industry and a source of anger for others. But now it is looking to alter its business model as its struggling parent company retools.

Zions Bancorp. in Salt Lake City has hired a SunTrust Banks executive to replace Doyle Arnold, who is retiring in May as chief financial officer.

BOULDER CITY, Nev. — While most credit unions say they would like to attract younger members, Boulder Dam CU reports a remarkable 85% penetration of 18-to-29 year olds in its field of membership.

In the last five years, a growing number of CUs have dropped the words "credit union" (or "federal credit union") from their names or do business in a manner that downplays their credit union status.

BOULDER, Colo. — Two credit unions here plan to come together in a "merger of equals."

New York — McGraw-Hill FCU's "Financial Wellness Center" doesn't look like a typical credit union branch.

Four Oaks Bank in North Carolina has named Warren "Rocky" Herring its chief credit officer. Herring had held the same job at Premier Commercial Bank in Greensboro, N.C., before NewBridge Bancorp bought it last month.

SAN FRANCISCO — To partner eligible members with potential credit unions they can join, Sam Brownell has launched a KickStarter campaign here for Credit Union Match.

RIVERDALE, Utah — Long a fixture in Utah America First CU has been slowly expanding into Southern Nevada.

WASHINGTON — The Government Printing Office Federal Credit Union announced that it has received certification from the U.S. Treasury's Community Development Financial Institutions Fund.

WASHINGTON — Credit unions are eager for NCUA to tackle field of membership rules — so eager that even after a late night at the Wegner Awards dinner on Monday, executives flocked to the "open mic" session on FOM with NCUA Vice Chairman Rick Metsger at 7:15 a.m. Tuesday.

For small credit unions it's a chilling reality: grow, merge or die trying. So it should come as no surprise that CUNA's Governmental Affairs Conference kicked off with a standing-room-only session on small CUs.

EL CENTRO, Calif. — Palm Springs Federal Credit Union said it intends to merge into Sun Community Federal Credit Union, here, which would create a combined credit union with $325 million in assets, $36 million in capital and more than 36,000 members.

Focus Federal Credit Union announced it has earned its Community Development Financial Institution certification.

BETHALTO, Ill. — The final bell has rung for School District #9 Credit Union in Granite City, Ill., as it was officially merged into $585 million 1st MidAmerica Credit Union, here.

MADISON, Wis. — Credit unions should prepare for a slight rise interest rates this year, say economists.

FERNDALE, Mich. — Credit Union ONE here is set to absorb $93 million Good Shepherd CU, CU ONE announced today.

Citadel Federal Credit Union announced that it has expanded its existing fee-free automated teller machine (ATM) network for Citadel customers in selected Rite Aid pharmacies to four new locations; three in Lansdale, Pa. and one in Harleysville, Pa., bringing the total number up to 29.

'Wiffy' campaign tells consumers why joining a CU is the ideal choice.

The chief financial officer of WSFS Financial in Wilmington, Del., is leaving the bank holding company for Seacoast Banking in Stuart, Fla.