Growth strategies

Credit unions are losing ground with small business members

10/22/20

Institutions that cling to outdated lending tools run the risk of being left behind by commercial clients who are barraged with opportunities to borrow faster and more conveniently.

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BOK seizes opportunity to finance nursing home M&A

10/21/20

The coronavirus pandemic has spurred more private buyers to acquire senior care homes, and the Oklahoma lender is eager to back them.

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How much should Chase’s new kids’ account concern credit unions?

10/21/20

Many credit unions offer youth accounts to help establish early banking relationships, but a new account for kids from the nation’s largest bank has raised the level of competition.

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Pike Teachers in Alabama to merge into Guardian Credit Union

10/20/20

The combined institution will serve almost 75,000 members with nearly $660 million in assets.

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Can CDFIs help their communities while keeping investors satisfied?

10/19/20

Southern Bancorp in Arkansas, which raised $35 million in capital from private investors, is out to prove that that community development financial institutions can deliver attractive returns and fulfill their missions to help the underserved.

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CUNA Mutual Group acquires CuNexus

10/15/20

The deal is intended to better help credit unions and other financial institutions improve digital lending capabilities

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Merger would broaden Nuvision’s reach in Wyoming

10/15/20

The Southern California-based credit union would add a fourth branch in the Cowboy State if members of the merging credit union approve the deal.

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South State agrees to buy national brokerage company

10/15/20

Duncan-Williams, which serves institutional clients, will help South State expand its correspondent lending operations.

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SESLOC Federal Credit Union passes $1 billion-asset mark

10/13/20

The California-based institution joins a small group of CUs that represent only about 7% of institutions but hold about 70% of industry assets.

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Community First plans to enter Tennessee with SFB acquisition

10/11/20

The South Carolina company has agreed to buy the parent of Security Federal Bank.

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