Growth Strategies

The newly chartered industrial bank plans to broaden its reach within the general population beyond TFCU's "restricted field of membership" of more than two million.

The tiny state's branch count has slowly grown, while the count dwindles for New England.

But announcements of new branches continues in the second quarter from Washington state to Long Island, N.Y.

The combined financial cooperatives will manage $716 million in assets and serve nearly 50,000 members.

The research institute aims to study why credit unions struggle to attract new and younger members.

If approved, the combined credit union will have assets of more than $4.8 billion.