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NEW YORK — ViewPoint Bank, formerly the Dallas-based Community Credit Union, had what may have been the best opening of any former credit union in history as the bank’s stock closed up about 50% after its first day of trading. Community Credit Union became ViewPoint Bank on Jan. 1 and formed the ViewPoint Financial Group as part of the mutual holding company, which offered the stock. The stock is traded on the NASDAQ under the symbol VPFG.

According to a bank statement, the former CU has sold just over 11.6 million shares of stock. ViewPoint sold most of the 11.6 million shares to the bank’s members, most of them former credit union members and roughly 200,000 shares to credit union directors and senior staff, according to the bank’s prospectus filed with the Securities and Exchange Commission.

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