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Market Intelligence:
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Industry Data
  • Insights On NCUA's Proposed Risk-Based Capital Rule

    Because of its importance to the credit union system, NCUA's recently proposed rule to update risk-based capital regulations has appropriately garnered much attention.

    February 21
  • CUJ content
    ACU Chooses Private Share Insurance To Sidestep NCUA Audits

    BROADVIEW, Ill. -- Unhappy with NCUA's audits of the credit union and concerned over assessments, Access CU has dropped its federal deposit insurance and switched to American Share Insurance.

    By Ray Birch
    February 21
  • Diekmann: Why It's Fitting CUs Are In The Capital This Week

    "Taxation With Over-Representation!" is what I imagine the big sign-boards will read as protesting credit union execs gather to symbolically dump their association dues invoices into the Potomac later this week.

    February 21
  • A Broad Strategy For Dealing With Risk-Based Capital

    There is little doubt that the risk-based capital proposal issued by the NCUA Board at its last meeting is among the most significant proposals ever issued by the agency.

    February 21
  • CUJ content
    Chavez To Replace Jillson As CEO Of Sandia Laboratory FCU

    Robert Chavez is set to become the new president and CEO of $2 billion Sandia Laboratory Federal Credit Union next month, replacing Christopher Jillson who will retire Feb. 28.

    By Michael Bartlett
    February 21
  • Credit Union Outhustles Big Rivals In Data Breach Damage Control

    Phone calls interrupting my lunch are common, but this was one of my primary financial institutions trying to reach me, according to caller ID.

    February 20
    Andy Peters
    Andy Peters
  • Performance reports
    Federal CU Failures Drop As Economy Improves

    ALEXANDRIA, Va. -- Federal credit union failures dropped by close to a quarter from 22 in 2012 to 17 in 2013, NCUA reported Thursday.

    By Ted Knutson
    February 20
  • Compliance
    NCUA To Hold Listening Sessions Before New Cap Rule Is Finalized

    ALEXANDRIA, Va. -- NCUA will hold three "Listening Sessions" this summer hosted by Chairman Debbie Matz.

    By Ray Birch
    February 20
  • CUJ content
    CUs Generate $17 Billion Yearly In Economic Benefits: NAFCU

    WASHINGTON -- American consumers would lose $17 billion in economic benefits a year if the credit union federal tax exemption were to be eliminated, according to a new study from NAFCU.

    By Michael Bartlett
    February 20
  • CUJ content
    Cornerstone CUL's Linda Winkfein Dead At 66

    DALLAS -- Linda Winkfein, a longtime executive with the Texas Credit Union League and later the Cornerstone CU League, died Monday evening after suffering a heart attack.

    By Michael Bartlett
    February 19
  • Compliance
    Top CFPB Official Vows To Crack Down On Mortgage Servicers

    WASHINGTON -- No more Mr. Nice Guy.

    Rachel Witkowski 092524
    By Rachel Witkowski
    Tech reporter
    February 19
  • CUJ content
    Heritage Family CEO Hance Announces Retirement

    RUTLAND, Vt. -- Ron Hance, longtime president and CEO at Heritage Family CU, has announced he plans to retire, though a departure date will not be determined until later this year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 19
  • Performance reports
    After Strong 2013, Outlook Not As Good For This Year: CUNA Mutual

    Despite record loan originations in 2013, vehicle lending volumes not seen since the turn of the century and a continued surge of new members, the big picture isn't entirely rosy for the nation's credit unions.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 19
  • CUJ content
    Credit Union Board Volunteers: Vanishing Or Vital?

    MADISON, Wis. -- A volunteer board structure is at the heart of the credit union community.

    By Michael Bartlett
    February 18
    effective-cu-chart.jpg
  • Lending
    Consumer Debt Rises, Delinquencies Remain Low: Reports

    U.S. households took on debt at a faster clip in the fourth quarter than at any time in seven years, but credit quality measures continued to improve, according to economic reports issued Tuesday by the Federal Reserve Bank of New York and other sources.

    By Kevin Wack
    Banking Editor
    February 18
  • Payments
    Affinity CU Converting Card Base To EMV

    BASKING RIDGE, N.J. -- Members of Affinity CU will receive EMV cards from the credit union during the third quarter of 2014.

    By Ray Birch
    February 18
  • CUJ content
    St. Francis Campus CU Liquidated; Central Minnesota Assumes Members

    ALEXANDRIA, Va. -- The Minnesota Department of Commerce on Friday appointed the National Credit Union Administration as receiver of $51 million St. Francis Campus Credit Union of Little Falls, Minn.

    By Michael Bartlett
    February 17
  • Lending
    Space City CU Tests Out Auto-Buying Site For Members

    AUSTIN, Texas -- Space City CU here is giving Craigslist a run for its money with a new, free online auto marketplace for members.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 14
  • Payments
    Target Security Raised Alarm Before Data Breach: <i>WSJ</i>

    Target's cybersecurity staff urged the retailer to review the security of its payments system at least two months before hackers compromised its network, according to a report in The Wall Street Journal.

    todd-sarah-126.jpg
    By Sarah Todd
    Deputy Editor
    February 14
  • Compliance
    Financial Institutions Can Assist Pot Businesses, FinCEN Says

    Federal authorities on Friday took their most forceful step to date toward bringing state-licensed marijuana businesses into the financial mainstream.

    By Kevin Wack
    Banking Editor
    February 14
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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

Download the American Banker app

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