Growth Strategies

Seattle-area credit union that was planning three branch openings this year now expects two more.

The MSGCU-T&I CU merger has been approved by regulators and will take effect April 1, pending a member vote.

IFS founder Rebecca Schmidt joins the technology CUSO as its chief financial officer.

This consolidation comes just six months after members of Encurage Financial Network Credit Union, also in Chicago, agreed to pair up with GLCU.

The trade group represents 386 credit unions across Alabama, Florida, Georgia and Virginia that serve more than 31 million members.

If approved by Peoples Bank shareholders and government regulators, Hanscom FCU’s membership will increase by nearly 20,000.