Growth Strategies

Two CEOs offer a perspective in opposition to the view that mergers are a sign of CU industry deterioration.

The purchase of Citizens State Bank will expand the credit union's market presence in Alabama.

The acquisition expands LMCU's membership market into the Tampa/St. Petersburg area.

The NCUA says Unity of Eatonville Federal Credit Union expects to begin operations in early 2022.

First Service CU and People's Trust FCU expect merger completion by summer of 2022 if approved by members and regulators.

Small CUs can develop a competitive, cost-effective delivery model through large-scale shared services.