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Market Intelligence:
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Industry Data
  • Compliance
    Trade Groups Tell Congress CUs Need Relief From QM Burdens

    WASHINGTON -- The industry's two largest trade groups are telling Congress Tuesday credit unions need relief from the Consumer Financial Protection Bureau's qualified mortgage rule because of high compliance costs and restrictions on serving members.

    By Ted Knutson
    January 14
  • CUJ content
    Taupa Lithuanian CU Member Charged With Fraud

    CLEVELAND -- John Struna, a member of Taupa Lithuanian Credit Union, was charged in federal court Monday with defrauding the now-defunct CU out of $2.5 million.

    By Michael Bartlett
    January 14
  • Compliance
    NAFCU Looking For Tweaks To Proposed ACH Rules

    ARLINGTON, Va. -- NAFCU wants to see some changes in proposed Automated Clearing House rules.

    By Michael Bartlett
    January 13
  • CUJ content
    McIntyre Steps Down At Via CU; Abernathy Takes Helm

    MARION, Ind. -- After leading Via CU for 35 years, John McIntyre is stepping down as CEO.

    By Ray Birch
    January 13
  • CUJ content
    Bronco FCU Teller's CPR Training Saves Member's Life

    FRANKLIN, Va. -- Hillary Gunn's CPR training helped the Bronco FCU teller recently save a member's life.

    By Ray Birch
    January 13
  • Compliance
    NAFCU To NCUA: Partner With Regulators On Data Security Measures

    WASHINGTON -- The Target Corp. data security breach and now the Neiman Marcus cyber attack have NAFCU asking NCUA to partner with the Federal Trade Commission and other regulators as new rules are made to ensure the safety of data security systems.

    By Ray Birch
    January 13
  • Technology
    Dot-Credit Union Domain Name About To Get Green Light: CUNA

    WASHINGTON, D.C. -- CUNA expects approval of the Internet domain name .creditunion (dot credit union) by the worldwide Internet Corporation for Names and Numbers, known as ICANN, anytime now.

    By W.B. King
    January 13
  • Payments
    Neiman Marcus Reports Holiday-Season Data Breach

    Neiman Marcus Group Ltd. said Jan. 10 that some unauthorized purchases may have been made with customer cards, the second retailer after Target Corp. to be struck by hackers during the important holiday shopping season.

    By Bloomberg News
    January 13
  • Growth strategies
    For Most Credit Unions, No Low-Hanging Fruit This Year

    COLORADO SPRINGS, Colo. -- When it comes to credit union growth this year, the good news is that there are plenty of prospects. The bad news is that there's not much low-hanging fruit.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 12
  • Growth strategies
    The Anti-Growth Strategy: CUs Can't Sit On Capital And Continue To Thrive

    BIRMINGHAM, Ala. -- The economy, uncertainty about the future and conservative leadership have some credit unions protecting their capital instead of carefully planning for growth -- a decision Dennis Dollar says CUs can't afford.

    By Ray Birch
    January 12
  • Growth strategies
    Looking For 2014's Best Bets? Start In Your CU's Backyard

    ARLINGTON, Va. -- The best growth bets for 2014 may already be in your credit union's backyard.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 12
  • CUJ content
    Navy FCU Finds Military Millennials Make Better Money Managers

    VIENNA, Va. -- Active-duty Millennials are better money managers than their civilian counterparts, according to a new survey from Navy FCU.

    By Ray Birch
    January 12
  • Payments
    Target Ripple Effects: From EMV To More Lawsuits

    TAMPA, Fla. -- Credit unions across the nation are moving up their EMV conversion timelines, considering more class action lawsuits against Target Corp. and calling on Congress to create rules requiring greater payment data security from retailers.

    By Ray Birch
    January 12
  • Lending
    5 Auto Lending Predictions CUs Should Watch For In The New Year

    GAINESVILLE, Ga. -- Used car values did not slide as much as expected in 2013, despite strong new car sales, reports Black Book, which sees used values holding steady for much of this year.

    By Ray Birch
    January 12
  • In Marketing, Sometimes It's What You Don't Do That Makes Waves

    Every financial institution offers similar products and services as well as similar educational programs.

    January 12
  • CUJ content
    Community Photos: January 13, 2014

    A selection of images featuring credit unions' efforts in their communities.

    January 12
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  • Performance reports
    Corporate Central Issues 3% Dividend

    MUSKEGON, Wis. -- Corporate Central Credit Union announced a dividend of 3% to member credit unions with Perpetual Contributed Capital (PCC) invested in Corporate Central for the month of December.

    freeman-lisa-2016-250.jpg
    By Lisa Freeman
    Former Editor in Chief
    January 10
  • Payments
    How Bethpage FCU Mitigated Target Breach Losses

    BETHPAGE, N.Y. -- By the time many credit unions were first learning about the massive Target Corp. data breach, Bethpage FCU was already moving to alert members and protect the card base.

    By Ray Birch
    January 10
  • Payments
    New Target Breach Numbers Draw CU Trades' Concerns

    WASHINGTON -- Following Target Corp.'s announcement that its data breach has increased to 70 million accounts, NAFCU and CUNA are stepping up efforts to call for congressional action on data security.

    By Ray Birch
    January 10
  • Technology
    How OnPoint Community Plans to Build Enthusiasm For Mobile Payments

    OnPoint Community Credit Union is using person-to-person payments as the foundation of building consumer comfort with mobile as a channel for money movement.

    By John Adams
    Executive Editor, Payments
    January 10
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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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