Five Star CU makes second bank purchase in less than a year.
The $317M Alabama-based bank agrees to buy the $47M Farmers State Bank in Georgia.
The $255 million Five Star CU in Dothan, Ala., says it plans to buy the small Flint River National Bank in Camilla, Ga.
Alabama credit unions may certainly not be alone, but they are witnessing big gains in savings this spring due in part to all that good press lavished on the industry over the last few months,
All that "good press" about credit unions has certainly helped fuel the big gains in savings rates among southeast CUs.