Growth Strategies

Last year only 130 mergers were approved - a new low, down from the 142 consolidations in 2019.

After cutbacks last year, Navy Federal plans on opening 11 new branches in 2021.

The new designation will enable the Santa Rosa-based cooperative to serve 400 marijuana businesses and their 15,000 employees.

Neighborhood National Bank CEO Doyle Jelsing says the credit union has not "given us a reason why" the process stopped.

However, the credit union's planned deal to buy Neighborhood National Bank, announced last year, has not closed.

Utah's Mountain America and Wisconsin's Landmark Credit Union are opening new branches this year.