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Market Intelligence:
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  • Law and regulation
    Week ahead: Last-minute push for CARES Act extensions

    This could be the final opportunity for Congress to extend a pair of key measures for credit unions that took effect earlier this year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 7
    Capitol Hill, Washington D.C.
  • Liquidity
    A race against the clock to extend credit unions' liquidity backstop

    Thousands of institutions could lose a safety net on New Year's Day if Congress fails to act before leaving for the holidays.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 7
  • Field of membership
    Treasury Department FCU gets field-of-membership expansion

    The Washington, D.C.-based institution could see its membership grow by as much as 72% now that federal regulators have approved the move.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    December 4
  • M&A
    Credit union-bank deals could pick up as pandemic recedes

    Acquirers shelved plans to buy banks this year as the coronavirus became widespread, but a combination of factors could spur the confidence to restart those conversations in the months ahead.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    December 4
    CUJ-120220-CUBANKDEALS.jpeg
  • Opinion Share insurance fund reforms can't wait

    A number of reasonable changes to the National Credit Union Share Insurance Fund could help NCUA avoid charging premiums.

    December 3
    Keith Leggett
  • Paycheck Protection Program
    Large credit unions deepen their stake in PPP lending

    New analysis from S&P shows credit unions near $1 billion of assets and above continuing to dominate the industry's performance in the Paycheck Protection Program as some CUs dedicate a substantial portion of their portfolios to the effort.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    December 3
    CUJ-120320-CUPPP.jpeg
  • M&A
    Largest state-chartered credit union in Mass. to grow via merger

    Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 3
  • Succession planning
    Black Hills FCU names longtime exec as next CEO

    Chief Operations Officer Jerry Schmidt will take over at the Rapid City, S.D.-based institution in early January.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    December 3
  • Law and regulation
    NCUA budget divides board members over crisis preparations

    Board member Todd Harper was concerned that the credit union regulator was not adequately preparing for the impact of prolonged economic turmoil and could be caught "flat-footed" as it was heading into the last crisis.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 2
  • NCUA
    Senate confirms Kyle Hauptman to NCUA board

    The confirmation ensures Republicans will hold the majority vote at the credit union regulator until at least 2023.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 2
  • Opinion Diversity programs force Americans to face uncomfortable truths

    Controversies over trainings that address white male privilege detract from the important role DEI initiatives play in helping the country move forward.

    December 1
    J. Mark McWatters
    J. Mark McWatters
    National Credit Union Administration
  • Charter conversions
    Hiway expands field of membership, tweaks branding after charter change

    The credit union now has a community charter to serve seven counties in addition to several select employee groups.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    December 1
  • Succession planning
    Veteran CEO of BlueOx Credit Union to retire

    Fran Godfrey, who has spent more than 35 years at the Michigan-based institution, will step down at the end of January.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    December 1
    Fran Godfrey, CEO of BlueOx Credit Union
  • Growth strategies
    PenFed CEO: 'Our platform is suitable for all of America'

    CEO James Schenck says the institution's military focus means it must provide services for a group of consumers who move every few years. That has helped it focus more on mobile services and less on brick and mortar.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    December 1
    James Schenck, president and CEO of PenFed
  • Financial crimes
    NCUA bans two for embezzlement, larceny

    The regulator issued prohibitions for former credit union employees in Virginia and Connecticut.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    November 30
    ncua 2
  • Law and regulation
    Week ahead: All about NCUA

    The credit union regulator's budget briefing could produce fireworks, but possible Senate action could make the result of an eventual budget vote a foregone conclusion.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 30
    Capitol Hill, Washington D.C.
  • Behavioral Health
    COVID taking a toll on credit union employees' mental health

    Some workers have thrived while working remotely, but others miss the social interaction of an office, and the recent surge in coronavirus diagnoses means employers will be facing these challenges well into next year.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    November 30
    CUJ-111920-MENTALHEALTH (1).jpeg
  • Opinion Executives must know their members when a crisis strikes

    There is a difference among various demographics on what offends them most. That means credit unions must understand their member base and what drives their engagement and retention.

    November 25
    Mary York
    Mary York
    York Public Relations
  • M&A
    Achieva Credit Union lands fourth merger in 10 years

    Coast 2 Coast Financial Credit Union has agreed to join the Florida-based Achieva, which previously acquired two community banks.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    November 25
  • Credit cards
    COVID-era credit card spending hits new high

    In a potentially good sign for credit unions, last week credit card spending reached its highest point since the start of the coronavirus pandemic, according to data from PSCU.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    November 25
    CUJ-112420-SPENDING (1).jpeg
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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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