Growth strategies

Maine State, Midcoast FCU plan merger

10/09/20

The deal is expected to close sometime next year but is still subject to regulatory and member approval.

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What's driving skyrocketing demand for boat, RV loans

10/07/20

Many consumers are taking to the highways and the water for safe getaways during the pandemic — powering one of the few bright spots in lending. However, bankers warn that boomlets usually come with distinctive credit risks.

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Global credit union membership surged by 59% in last decade

10/07/20

Last year, credit unions surpassed 291 million members in 118 countries.

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Methodist credit union's rebrand part of broader trend

10/05/20

The number of religiously affiliated credit unions continues to dwindle and many have changed their name as part of a push to diversify their fields of membership.

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Piedmont Bancorp looks to add scale around Atlanta with WestStar purchase

10/05/20

The Georgia company will add nearly $200 million in assets as part of the acquisition.

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Organizers propose 'values-based' bank in Florida

10/05/20

Climate First Bank, which would be led by veteran banker Ken LaRoe, would offer loans to help individuals and organizations make environmentally sound decisions.

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Ohio University Credit Union adds 8 counties to field of membership

10/02/20

The expansion will give the $416 million-asset institution a deeper reach into southern parts of the state.

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S&T in Pennsylvania begins search for next CEO

10/02/20

The company said Todd Brice will retire in March. A search firm will consider internal and external candidates.

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Small banks urged to hone skills acquired during pandemic

10/02/20

The coronavirus outbreak has taught community bankers to think on their feet and experiment. Speakers at an industry conference this week advised their peers to stay innovative to ensure they endure in a changing world.

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Virginia banks announce plans to merge

10/01/20

Virginia National and Fauquier Bankshares are planning to create a $1.6 billion-asset company focused on the middle part of the state.

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