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  • CUJ content
    Fugitive CU CEO Nabbed By FBI

    Alex Spirikaitis, the former Taupa Lithuanian Credit Union CEO who had been an FBI fugitive for months following the collapse of the $24 million-asset Cleveland CU was captured by FBI agents Monday in the Collinwood area of the city.

    October 21
  • CUJ content
    CU Cash Cultivates Congressional Leaders

    WASHINGTON — CUNA reported Monday it made $188,000 in campaign contributions last month, much of it to innocuous-sounding groups like "PAC to the Future," "Wild and Wonderful PAC" and "Prosperity PAC," allowing the credit union lobby to effectively give twice the legal $10,000 limit to some committee chairmen and other congressional leaders.

    By Ed Roberts
    October 21
  • CUJ content
    Fed Says It Should Get Deference In Setting Durbin Amendment Cap

    WASHINGTON — The Federal Reserve told a U.S. Appeals Court Monday afternoon that its rule setting swipe fee caps under the Durbin Amendment should be allowed to stand because the Fed set the cap "in complete fealty to the statute and its purpose."

    By Ed Roberts
    October 21
  • CUJ content
    Pittsburgh Police Chief Pleads Guilty To Stealing From Dept’s CU

    PITTSBURGH—Former city police Chief Nathan Harper pleaded guilty Friday to federal charges that he conspired to steal police funds deposited into unauthorized account with the Pittsburgh Police FCU.

    By Ed Roberts
    October 21
  • CUJ content
    Digital Payments Reach 'Critical Mass,' Fiserv Survey Finds

    Brookfield, Wis.—Sixty percent of consumers make at least one payment per month with a laptop or desktop computer, according to a survey commissioned by Fiserv.

    By John Adams
    Executive Editor, Payments
    October 21
  • CUJ content
    Wildfire CU Member Loses $2,000 In Parking Lot; Diebold Rep Returns It

    SAGINAW, Mich.—A Wildfire CU member had $2,000 returned to him Friday after leaving an envelope with the cash in the parking lot of the CU's Bay Road office.

    By Ray Birch
    October 21
  • CUJ content
    First Community and E&A Deal Cleared, Creating Another $1 Billion CU

    ALEXANDRIA, Va.—NCUA reported Monday that it approved the combination of First Community FCU in Parchment, Mich., and E&A CU in Port Huron, creating another $1 billion credit union, Michigan's ninth.

    By Ed Roberts
    October 21
  • CUJ content
    UWCU Leading The Way To Cheaper Mobile Apps

    Madison, Wis.—University of Wisconsin Credit Union may have just started cutting a path to building mobile apps at a fraction of the usual cost.

    October 21
  • CUJ content
    TMG Financial Services Names Sarvis CEO

    DES MOINES - TMG Financial Services, one of the leading card processors for credit unions has named Jon Sarvis, its chief financial officer the past six years, as its new CEO.

    By Ed Roberts
    October 18
  • CUJ content
    CUs Lobby For Delay In Flood Insurance Rate Hikes

    WASHINGTON - NAFCU called on Senate leaders Friday to delay scheduled rate hikes under the National Flood Insurance Program until the Federal Emergency Management Agency completes its affordability impact study and Congress is able to review the findings.

    By Ed Roberts
    October 18
  • CUJ content
    PrimeWay FCU Launches 'Financial Freedom Fighters'

    HOUSTON – PrimeWay FCU rolled out a new advertising and marketing campaign introducing its own “Financial Freedom Fighters” to educate and market to members featuring everyday credit union personnel disguised as superheroes.

    By Ed Roberts
    October 18
  • CUJ content
    How One PBCU Branch Increased Loan Volume

    BALTIMORE—When members walk into the Golden Ring office of Point Breeze CU these days, Branch Manager Shannon Carter likes what she sees—and hears.

    By Ray Birch
    October 18
  • CUJ content
    Neat Named NCUA's Director Of Supervision

    ALEXANDRIA, Va.—The National Credit Union Administration announced Friday that D. Scott Neat has been named director of supervision in the Office of Examination and Insurance.

    By Ray Birch
    October 18
  • CUJ content
    NCUA Workers Could Get Another Pay Raise

    WASHINGTON -- Tucked away in the Congressional budget deal hammered out to end the government shutdown is a 1% pay raise for all federal workers in January, which could give National Credit Union Administration employees their second pay hike in a matter of months.

    By Ed Roberts
    October 18
  • CUJ content
    GTE Financial Gas Giveaway Fuels Up Members And Others

    TAMPA, Fla.—Motorists lined up their cars early Thursday morning to fill up on free gas courtesy of GTE Financial FCU, which held the giveaway in recognition of International Credit Union Day.

    By Ray Birch
    October 18
  • CUJ content
    SAFE CU Eyes New Headquarters

    NORTH HIGHLANDS, Calif. – SAFE CU plans to move its headquarters to Folsom by the end of 2014 after buying a three-story office building on Iron Point Road best known as the former base for Waste Connections Inc.

    By Ed Roberts
    October 17
  • CUJ content
    Credit Union ONE Converts To Fiserv’s DNAcreator

    FERNDALE, Mich. – Credit Union ONE has signed with Fiserv to implement the company’s Open Solutions DNA core processing solution.

    By Ed Roberts
    October 17
  • CUJ content
    Proposed CU Stress Tests To Go Out For Comment

    ALEXANDRIA, Va. – The NCUA Board next week will issue for comment a proposal requiring the largest credit unions, those over $10 billion in assets, to undergo stress tests similar to those applied by the Federal Reserve to the biggest banks.

    By Ed Roberts
    October 17
  • CUJ content
    Robbery Probe Leads To Inside Theft At Columbus CU

    PROVIDENCE, R.I. - A supervisor at Columbus CU who reported a robbery at the CU last year, pleaded guilty Thursday to separately stealing $437,000 herself from the credit union's vault, ATM and cash shipments.

    By Ed Roberts
    October 17
  • CUJ content
    Inside The IT Department: Spokane Teachers CU

    In what will be a reoccurring feature, Credit Union Journal visits with IT professionals—the often unsung CU heroes—to better understand how organizational goals are executed.

    By W.B. King
    October 17
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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.

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