Small Indiana CU That Went All-Virtual for Growth to Merge Jan. 1

NorthPark Community CU's CEO says the all-virtual strategy was working, but increasing rates squeezed its liquidity.

By Peter Strozniak | December 15, 2023 at 04:38 PM

Two hands putting small puzzle pieces together.

In 2018, Carma Parrish, president/CEO of the $42.8 million NorthPark Community Credit Union in Lebanon, Ind., made a bold strategic move to close its three branches and go all-virtual to cut operational costs and focus on the growth channels of online and mobile banking.

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Pima FCU to Acquire Republic Bank of Arizona

By Michael Ogden | May 17, 2024

ICBA officials demand Congress stop this "dangerous trend" of credit union-bank buys.

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American Heritage CU to Acquire Assets, Membership of 3 N.J. Bank Branches

By Michael Ogden | May 10, 2024

The deal allows the credit union to take over the former Liberty Bell Bank branches.

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North Carolina's Coastal Credit Union Surpasses $5 Billion in Assets

By Peter Strozniak | May 09, 2024

CEO Tyler Grodi sets a goal to grow the financial cooperative's assets to $10 billion.

North Carolina's Coastal Credit Union Surpasses $5 Billion in Assets

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