Members 1st Federal Credit Union promotes chief experience officer to CEO
Mike Wilson will soon replace George Nahodil as president and CEO of Members 1st, which is the third-largest credit union in Pennsylvania.
Source: americanbanker.com
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Nusenda Credit Union signs first-ever bank acquisition in New Mexico
Nusenda's agreement to buy Western Heritage Bank would be its first bank acquisition and the first such combination in the state.
Source: americanbanker.com
Unionized employees of TruStage put strike on hold
Workers at the former CUNA Mutual Group in Madison, Wisconsin, returned to work after securing tentative agreements on two of their five key demands.
Source: americanbanker.com
All In Credit Union to acquire Alabama community bank
All In Credit Union's acquisition of $115 million-asset SunSouth Bank will push the credit union above the $3 billion asset mark.
Source: americanbanker.com
How credit unions gained some of the deposits banks lost
U.S. banks lost 2.5% of their deposits during the first quarter while credit unions saw a 2.1% quarterly increase, according to an S&P Global Market Intelligence analysis. Aggressive marketing — and credit unions' relatively untarnished reputations — helped motivate the shift.
Source: americanbanker.com