Growth Strategies

If credit union members approve the proposed consolidation, it will create the first six-state association.

"We must blast past owning less than 10% of the market," MWCUA Board Chair Todd Marksberry says.

New England FCU and Vermont State Employees CU say they need to get bigger to compete with big banks.

Cornerstone Advisors report highlights areas CUs must begin considering to stay competitive, including real-time payments and cryptocurrency services.

Efforts restart to create a Black-led CU while CUES launches a networking program for Black CU professionals.

The first credit union-bank buy of 2022 is the credit union's second bank acquisition.