Credit Unions in Three States Move Ahead With Bank Acquisition Deals

Alabama ONE and Land of Lincoln finalize bank buy agreements, while shareholders of First Sound Bank OK purchase deal with Harborstone CU.

By Peter Strozniak | November 20, 2023 at 03:30 PM

The $1 billion Alabama ONE Credit Union in Tuscaloosa said it received regulatory approval to purchase the $126 million First Bank of Wadley. The acquisition is expected to close at the end of the year.

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Virginia Credit Unions Prepare to Officially Merge on Jan. 1

By Peter Strozniak | December 23, 2024

Apple FCU and NextMark FCU consolidation will create a financial cooperative that will manage $5 billion in assets and serve more than 268,000 members.

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By Michael Ogden | December 20, 2024

The credit union industry, for the most part, supports these efforts to encourage CU growth.

Credit Unions in Illinois, Washington, Indiana & Minnesota Appoint New CEOS

By Peter Strozniak | December 20, 2024

Roberta Kozlowicz will become CEO at DuPage CU in January, succeeding Diane Shelton, who will retire at the end of year after 40 years of service.

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