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Market Intelligence:
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Research
  • Branch banking
    American Partners FCU enters Virginia via old Fidelity Bank branch

    The North Carolina-based credit union, which purchased the vacant bank branch last summer, serves some members across the state line but has not had a brick-and-mortar presence there until now.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 5
  • Diversity and equality
    Truliant creates executive-level position focused on diversity

    The North Carolina-based credit union is one of a handful in the industry to prioritize diversity, equity and inclusion at the management level.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 5
    Veronica Calderon, Truliant FCU
  • Marketing
    CUNA's credit union awareness drive stuck in low gear

    The onset of COVID-19 forced the industry’s largest trade group to put its Open Your Eyes campaign on hold, but nearly a full year later it’s still struggling for industry buy-in.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 5
  • Credit cards
    Big-player competition, changing consumer habits hinder card rebound

    Credit unions are hoping for a return to normal credit card spending patterns sometime during the second half, but the pandemic has created a domino effect of complicating factors.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    February 4
  • Branding
    Australia’s largest credit union to rebrand as a bank

    The decision comes after a decade in which several U.S.-based institutions elected to drop the words "credit union" from their branding.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 3
    Paul Lewis, CEO of Credit Union of Australia
  • Field of membership
    Michigan's Financial Plus approved for statewide field of membership

    The Flint-based credit union is the state's third in just over one year to get the OK for an expansion allowing anyone who lives or works in the state to join.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 3
    Brad Bergmooser, CEO of Financial Plus Credit Union
  • Commercial lending
    Credit unions play waiting game with commercial lending

    Any business loan growth the industry sees this year will be closely tied to mass vaccination efforts and a broader economic recovery, meaning it may take until at least the third quarter for pent-up demand to translate into new opportunities.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 3
  • Succession planning
    Point Breeze begins leadership transition by splitting executive roles

    The Maryland-based credit union has promoted Chief Operating Officer Tonia Niedzialkowski to president of the organization with an eye toward eventually naming her CEO.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    February 2
    Tonia Niedzialkowski, president of Point Breeze Credit Union
  • Career moves
    Ball State Financial president retires after merger

    Randy Glassburn spent 33 years in the industry and recently led his credit union through a merger into Financial Center First Credit Union.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 2
    Randy Glassburn, Ball State Financial
  • M&A
    Facilities woes push Cal Poly FCU to merge with SchoolsFirst

    California Polytechnic State University is said to be seeking a new banking partner, a move that could leave the university-based credit union without a home.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 2
  • Succession planning
    First Community in Texas names successor as CEO retires

    T.J. Tijerina, a 16-year employee at the Houston-based credit union, has taken over as president and CEO in advance of Ron Downing’s retirement later this year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 1
    T.J. Tijerina, president and CEO of First Community Credit Union in Houston
  • Career moves
    NCUA’s Harper taps former CFPB official as chief of staff

    Catherine Galicia formerly led the Consumer Financial Protection Bureau's legislative affairs division, and has extensive experience in banking and on Capitol Hill.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 1
    Catherine Galicia, chief of staff to NCUA Chairman Todd Harper
  • M&A
    Pandemic drives small Scranton credit union to merge

    After rising losses in 2020, First Credit Union of Scranton is seeking members' approval to merge into Penn East FCU.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 1
  • Professional development
    Credit union groups start small in returning to live conferences

    Some in the industry are planning in-person events, but the largest meetings are still unlikely to reconvene for a while.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    February 1
  • Credit unions
    Theft charges earn lifetime ban for two former credit union employees

    The credit union regulator's first prohibitions of 2021 relate to misuse of member funds at institutions in Alaska and Florida.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    January 29
    ncua 2
  • Succession planning
    Cornerstone Financial promotes veteran employee to president

    Donna Young, who has spent more than three decades at the Nashville-based credit union, succeeds Joe Spivey, who retired earlier this year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 29
    Donna Young, president of Cornerstone Financial Credit Union
  • Branch banking
    Pandemic slows pace of branch expansion at Navy Federal

    The credit union expects to open at least eight branches across the country in the months ahead, about half of what it normally adds to its brick-and-mortar network in an average year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 28
    Navy Federal's Douglasville, Ga., branch, which opened in early 2021.
  • M&A
    STCU eyes further expansion with merger

    A deal to bring Coulee Dam FCU into the fold will expand the Spokane, Wash.-based credit union's branch network while providing a wider array of technologies to the former CDFCU members.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    January 28
    Ezra Eckhardt, president and CEO of STCU
  • Obituaries
    Original CEO of Frankenmuth Credit Union dead at 76

    Kathleen Bierlein Yancer served the Michigan-based institution for more than 30 years before retiring in 2003.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 28
    Kathleen Bierlein Yancer, former CEO of Frankenmuth Credit Union
  • Opinion Now more than ever, NCUA needs a reset

    The regulator must rediscover bipartisanship and collaboration while ensuring new regulations don't overstep the Federal Credit Union Act.

    January 28
    J. Mark McWatters
    J. Mark McWatters
    National Credit Union Administration
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