September 1st, 20232193August 31, 2023 – Dothan, AL-based Five Star Credit Union announced today that it has entered into an agreement to acquire Abbeville, GA-based Wilcox County State Bank. The deal will be structured as a purchase and assumption transaction, and the consideration will be all-cash. Other financial terms were not disclosed.
Upon...
August 28th, 2023188August 28, 2023 – Dothan, AL-based Five Star Credit Union announced today that it has entered into an agreement to acquire Macon, GA-based OneSouth Bank, the banking subsidiary of OneSouth Financial, Inc. of Blakely, GA. The deal will be structured as a purchase and assumption transaction and the consideration will be all-cash. Other...
August 21st, 2023035Coosa Pines Federal Credit Union announced that former Accounting Manager Benjamin Puckett has been promoted to Chief Financial Officer (CFO). Benjamin began his full-time career with the credit union over four years ago after interning for three years during college breaks. A Childersburg native, Benjamin received an undergraduate...
August 16th, 20233041Mobile, AL: New Horizons Credit Union has earned the Military Saves Designation of Savings Excellence award for efforts in financial education stressing the importance of saving during National Military Saves Week. This honor is reserved for financial institutions that succeed in getting people to open or add to wealth-building accounts...
August 15th, 20233050Birmingham, Ala. – Avadian Credit Union announced today that it has opened a new office space dedicated to serving its business members. It is located in Birmingham at 2200 Lakeshore Drive, near Covenant Presbyterian Church.
“We are delighted that we are able to serve our business members better at this new location,” said Billy...
July 25th, 20232749Birmingham, Ala. – On Monday, July 17, Avadian Credit Union’s Pelham branch opened in its new location at 2723 Pelham Parkway.
The branch features state-of-the-art design and technology throughout. It begins with three video-capable ATM Plus+ machines – one in the branch’s lobby and two in the drive-thru lanes. ATM Plus+...
July 11th, 20232558Tuscaloosa, AL – July 10, 2023 – The Alabama ONE Aspire Foundation will host its 2nd annual Builders Awards presentation on Tuesday, September 19 at the Alberta School of Performing Arts, presented by Tellerix. The Builders Awards precedes the Alabama ONE Aspire Foundation’s annual Bridge Builders Conference to commence on November...
July 3rd, 20233025Birmingham, Ala. – The United States Attorney’s Office for the Northern District of Alabama has indicted six individuals on federal charges relating to the alleged card fraud committed on Avadian Credit Union on Sunday, June 18.
Avadian would like to express its sincere appreciation to the FBI, the U.S. Secret Service, and all...
July 3rd, 20233039(Mobile, AL) On Friday, June 16, 2023, the League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) presented the LSCU Awards for Credit Union of the Year at the 2023 Southeastern Credit Union Conference & Expo in Orlando, Florida. The LSCU Awards recognizes credit unions and credit union professionals who have...