Growth Strategies

Two other credit unions plan to open branches in Washington and Texas.

Credit Union of Ohio to acquire a second Youngstown-area credit union.

MemberFocus Community CU will acquire the larger LOC FCU to gain a state charter, broader membership.

Scott CU will pay $14.2 million to buy Tempo Bank in the industry's 10th acquisition deal announced so far this year.

About 40% of the consolidations are allowed because of poor financials, membership loss and lack of growth.

FAIRWINDS Credit Union announces a deal to purchase Citizens Bank of Florida by year's end.