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Market Intelligence:
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  • CUJ content
    Why The Bank Tax Proposal Matters (Even If Congress Won't Pass It)

    Chances are remote that Congress will pass a big bank tax into law this year, but House Republicans' sudden embrace of the idea suggests it has staying power.

    finklevictoria.jpg
    By Victoria Finkle
    BankThink Editor
    February 28
  • Growth strategies
    CCCU Rewards Program Gives Back Over $800K

    FARMINGTON HILLS, Mich. -- Community Choice Credit Union awarded $886,902 to members as part of the first payout through its new member rewards program.

    By Ray Birch
    February 27
  • Compliance
    How To Improve The New Capital Rule

    WASHINGTON -- If NCUA rethinks the proposed new capital rule's risk weights and allows CUs to access supplemental capital, the final rule would be much improved, says CUNA's chief economist.

    By Ray Birch
    February 27
  • Payments
    Card Security One Reason For Prepaid Growth: TMG

    DES MOINES -- Instant issue, lifestyle needs and now even limiting loss from fraud are key factors driving the rapid growth of prepaid, according to the latest findings from The Members Group.

    By Ray Birch
    February 27
  • Compliance
    Capital Rule Comments Due May 28

    WASHINGTON -- Comments on NCUA's new risk-based capital proposal, now published in the Federal Register, are due May 28, according to CUNA.

    By Ray Birch
    February 27
  • Growth strategies
    Small CUs Often Overlook Two Money Pots, CEO Says

    Small federal credit unions can improve their bottom lines by tapping into two often overlooked sources of funds, a CEO who has taken advantage of them told attendees a CUNA Governmental Affairs Conference forum.

    By Ted Knutson
    February 27
  • CUJ content
    IAEFCU To Merge Into SkyOne FCU

    International Airline Employees Federal Credit Union (IAEFCU) will merge into SkyOne Federal Credit Union on March 1, the two CUs said Wednesday.

    By Michael Bartlett
    February 27
  • Technology
    ICANN Approves Dot-Credit Union; CUNA Helps CUs Register Interest

    Now that the Internet Corporation for Names and Numbers (ICANN) has approved the use of the Internet domain ".creditunion," CUNA says it has set up a mechanism for CUs to register their interest.

    By Michael Bartlett
    February 26
  • CUJ content
    Camp's Tax Reform Proposal Is 'Hands Off' CU Exemption

    House Ways and Means Committee Chairman Dave Camp's (R-MI) said the tax exemption for credit unions is "not going to be addressed" in his draft tax reform plan unveiled Wednesday afternoon.

    By Ted Knutson
    February 26
  • Lending
    Purchase Mortgage Applications Hit 19-Year Low: MBA

    The mortgage market has failed to shift from refinances to purchases as anticipated, according to the Mortgage Bankers Association's latest weekly report on applications.

    enemeroff.jpg
    By Evan Nemeroff
    Managing Editor
    February 26
  • Compliance
    New CFPB Mortgage, Credit Card Rules On Horizon: CUNA

    Credit unions should expect new Consumer Financial Protection Bureau rules on mortgage closings and credit reports this year, a panel at CUNA's Governmental Affairs Conference warned attendees Tuesday.

    By Ted Knutson
    February 26
  • Performance reports
    Postal CU Returns $524K To Members Via VIP Program

    WOODBURY, Minn. -- Postal CU here has returned more than $524,000 to its members, 16% of its 2013 earnings.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 26
  • CUJ content
    Albright Tells CUs About Three Global 'Mega Trends' To Watch

    WASHINGTON -- Former U.S. Secretary of State Madeleine Albright compared credit unions to a popular academy-award winning movie star during her keynote address Tuesday at CUNA's Governmental Affairs Conference here.

    By Marian Raab
    February 25
  • Branch network
    Four-Year-Old Cease & Desist Order Lifted

    ALEXANDRIA, Va. -- NCUA has released Rapid City Telco FCU from a cease and desist order originally issued Feb. 25, 2010.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 25
  • Technology
    Michigan First CU Converts to Corelation's KeyStone Core Processor

    LATHRUP Village, Mich. -- Michigan First CU converted its core processing system to San Diego-based Corelation, Inc.'s KeyStone system.

    By Michael Bartlett
    February 25
  • Compliance
    NCUA Capital Rule, CFBP Regs Challenging Future Of CUs

    WASHINGTON -- The NCUA's risk-based capital rule, along with new regulations coming out of the Consumer Financial Protection Bureau, may threaten credit union growth and even the future of some institutions, say a number of CU executives attending CUNA's Governmental Affairs Conference here.

    By Ray Birch
    February 25
  • Compliance
    Fryzel To CUs: Collaborate And Compete

    WASHINGTON -- Citing recent challenges from the economy and those that lie ahead, NCUA Board Member Michael Fryzel told CUNA Governmental Affairs Conference attendees that collaboration will be a key to the continued success of the movement.

    By Ray Birch
    February 25
  • Compliance
    Metsger Urges CUs To Remain Relevant

    WASHINGTON -- Likening his role as an NCUA Board member to that of a CU director, Richard Metsger urged volunteers at CUNA's Governmental Affairs Conference to make sure their credit union remains relevant to members.

    By Ray Birch
    February 25
  • Lending
    Royce To Introduce Bill To Exempt Certain Loans From MBL Cap

    WASHINGTON -- U.S. Rep. Ed Royce (R-CA) said he will drop a bill called the "Credit Union Residential Lending Parity Act" in Congress this week that would offer some relief to credit unions pushing up against the member business loan cap.

    February 25
  • CUJ content
    Oakland's Focus On Growing A Big CU With Even Bigger Heart

    TUKWILA, Wash. -- BECU is one of the largest credit unions in the United States with nearly $12 billion in assets. But Gary Oakland, its president and CEO from 1986 until his retirement in 2012, insisted on the CU keeping a "small" feel.

    By Michael Bartlett
    February 24
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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