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Market Intelligence:
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  • Performance reports
    NCUA: Idaho, Iowa Lead The Way In State-By-State Gains At CUs

    ALEXANDRIA, Va. — While overall loan growth increased by 6.8% in the year ending in the third quarter of 2013, NCUA is reporting that Idaho and Rhode Island blew past that, with loan growth of 15.2% and 12.6%, respectively.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 4
    annual-loan.jpg
  • Lending
    New Vehicle Loan Rates Drop To 4.27%

    SCHAUMBERG, Ill. — Amid all the fear about rising interest rates, new vehicle loans dropped to their lowest point since 2008, according to a new report released Wednesday by Experian Automotive.

    By Ray Birch
    December 4
  • Technology
    CO-OP's Sprig Will Be Updated In First Quarter

    RANCHO CUCAMONGA, Calif. — Sprig by CO-OP, a digital wallet for credit union members introduced earlier this year, is being upgraded to enable out-of-network, pay-anyone payments, according to CO-OP Financial Services.

    By Michael Bartlett
    December 4
  • Growth strategies
    CO-OP Financial Services To Underwrite CUES Strategic Innovation Institute

    MADISON, Wis.— CO-OP Financial Services is underwriting CUES’ new Strategic Innovation Institute. In October CUES introduced its Strategic Innovation Institute, a two-year program designed to drive greater strategic thinking and innovation within the credit union community.

    December 4
  • CUJ content
    Security Service CEO Reynolds To Step Down; Laffoon Will Take Over In March

    San Antonio, Texas — Security Service FCU announced Tuesday that David E. Reynolds will step down as chief executive officer in March 2014 and will be succeeded by President Jim Laffoon.

    By Marian Raab
    December 3
  • Payments
    Survey Forecasts Price Compression In Prepaid Debit Card Market

    BOSTON — Though consumer demand for prepaid debit cards continues to rise, new entrants to the market have caused price compression, limiting revenue opportunities, according to a new survey.

    By Michael Bartlett
    December 3
  • CUJ content
    Infinity FCU Suing Former CEO For Fraud

    WESTBROOK, Maine — Infinity FCU is suing Kenneth Williams, saying the shop's former chief executive officer was terminated for using the credit union's funds for personal expenses, according to published reports.

    By Ray Birch
    December 3
  • Growth strategies
    Credit Unions Tripling Up On Holiday Credit Card Promos

    DES MOINES, Iowa — Payments processor The Members Group reported Monday that its credit union and community bank clients have more than tripled their requests for credit card marketing promotions this year.

    By Michael Bartlett
    December 3
  • Technology
    How A College Student Helped Maps CU Develop New App

    SALEM, Ore. — Building on its successful track record of developing in-house applications, such as Sprig, Maps Credit Union furthered its technological reach by working with a college intern who became instrumental in developing the CU's latest offering - the "Buy Local" app.

    By W.B. King
    December 3
  • Technology
    NCR Seeks To 'Profoundly Reinvent' Via Digital Insight, Alaric Buys

    NCR Corp.'s (NCR) purchase of Menlo, Calif.-based Digital Insight Corp. for $1.65 billion is a bid to deliver an end-to end omnichannel experience to bank customers, according to company executives who commented on the deal.

    wisniewskimary126x126.jpg
    By Mary Wisniewski
    Deputy editor
    December 3
  • Compliance
    CUNA Debuts New Survey On Examination Process

    MADISON, Wis. — CUNA today has released a new survey aiming to get a better understanding from credit unions of what does and does not work about the exam process.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 3
  • Compliance
    Big Valley CEO Sweet Testifies Before House Subcommittee

    WASHINGTON — Big Valley Federal Credit Union President and CEO Linda Sweet testified Tuesday morning on behalf of NAFCU before the House Small Business Subcommittee on Investigations, Oversight and Regulation on "Regulatory Landscape: Burdens on Small Financial Institutions."

    By Michael Bartlett
    December 3
  • CUJ content
    MECU/Advance Bank Deal OK'd By Shareholders

    BALTIMORE — Advance Bank shareholders have approved the proposed sale of the institution to Municipal Employees CU of Baltimore, and the credit union will take control of the bank Dec. 12.

    By Ray Birch
    December 2
  • Technology
    San Diego County CU Revamps Website

    SAN DIEGO — San Diego County Credit Union this week launched its new website, featuring a new design that is easier to navigate regardless of the device being used to access it - including smartphones.

    By Michael Bartlett
    December 2
  • CUJ content
    Founders FCU Unveils $5.7-Million Loyalty Dividend

    LANCASTER, S.C. — Founders FCU here has awarded a $5.7-million Loyalty Dividend to its members and has created a Loyalty Dividend Calculator so members can see how adding new products and services would impact the size of the dividends they receive.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 2
  • CUJ content
    GTE Leans On Members To Shape CU's Virtual Future

    TAMPA, Fla. — When it's time to revamp the online banking and mobile presence, one CU believes members must play an active role in the effort.

    By Ray Birch
    December 2
    gte-group-365.jpg
  • Performance reports
    CU Loan Growth And Net Worth Rise In Q3

    ALEXANDRIA, Va. — Loan growth at federally insured credit unions continues to rise, along with net worth and membership totals, according to third quarter data released by NCUA today.

    By Ray Birch
    December 2
    piechart.jpg
  • Compliance
    CFPB Action Against Payday Lenders 'Building to a Crescendo'

    WASHINGTON — The Consumer Financial Protection Bureau has taken a cautious approach to its oversight of payday lenders so far, but is likely to issue new regulations covering the industry next year, according to several industry observers.

    Rachel Witkowski 092524
    By Rachel Witkowski
    Tech reporter
    December 2
  • CUJ content
    DuPage Credit Union Picks Shelton As CEO

    WHEATON, Ill. — Diane Shelton has been named president and chief executive officer of DuPage Credit Union.

    By Ray Birch
    December 2
  • CUJ content
    Community Photos: December 2, 2013

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

    December 1
    p18ad0n3bq1v291u1un65kfi14g8.jpg
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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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© 2026 Arizent. All rights reserved.