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Market Intelligence:
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Industry Data
  • Professional development
    World Council of Credit Unions moves annual event online

    The group is just the latest industry organization to already alter plans for a gathering scheduled for 2021.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    November 24
  • Opinion Credit unions must learn to thrive amid radical uncertainty

    Current economic conditions are greatly tied to controlling the spread of the coronavirus. To survive this volatile situation, financial institutions must be resilient.

    November 24
    Alex Roth
    Alex Roth
    Bonneville Power Administration
  • Law and regulation
    With Mark McWatters out, what’s next for NCUA?

    The biggest questions following the former chairman's resignation aren't about regulation but whether the agency can recapture a spirit of bipartisanship and collaboration.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 24
    Former NCUA Chairman Mark McWatters, appearing before a Senate Banking Committee hearing in 2017.
  • M&A
    Credit union mergers accelerated in Q3: Report

    New analysis from CEO Advisory Group shows the asset size of merged institutions rising along with the number of mergers.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 23
  • Law and regulation
    Week ahead: Changes at NCUA, recession fears worsen

    It remains unclear how Mark McWatters's departure will impact the credit union regulator, and there is growing evidence that the country could face a "double-dip recession."

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 23
    Capitol Hill, Washington D.C.
  • Diversity and equality
    5 takeaways from NCUA's diversity assessment

    The annual survey from the National Credit Union Administration shows credit unions making gains in some of their inclusion efforts, but the industry still has much it can do to improve.

    By Aaron Passman and Jackie Stewart
    November 23
  • Law and regulation
    Mark McWatters resigns from NCUA board

    The former chairman recently butted heads with colleagues over the agency’s budget plans, and the Senate is expected to vote to confirm a successor early next month.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 20
    Mark McWatters, former chairman of the National Credit Union Administration.
  • Lending
    'Double-dip recession' could be in the cards: CUNA Mutual

    The company's latest report predicted there could be sustained economic pressures well into next year tied to rising coronavirus cases.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 20
  • Opinion 4 ways the banking sector can boost financial inclusion

    The pandemic has highlighted massive inequalities in American life but the financial services industry can play a role in reducing these divisions.

    November 20
    Rodney E. Hood
    Rodney E. Hood
  • Diversity and equality
    NCUA considering outside help to boost diversity survey participation

    The credit union regulator's November board meeting covered a variety of issues, including the voluntary self-assessment, disagreements on the budget proposal and the possibility of new insurance premiums in 2021.

    John Reosti Author Image
    By John Reosti
    Reporter
    November 19
  • Credit unions
    Economic fears drive dues reduction at New York Credit Union Association

    The league has altered its formula for calculating member dues, a move expected to save credit unions nearly $800,000 next year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 19
    Bill Mellin, president and CEO of the New York Credit Union Association
  • Career advancement
    Olean Area FCU makes interim CEO permanent

    Richard Yeager's promotion comes at a time of growth for the New York-based institution, including having recently been granted a field-of-membership expansion.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 19
  • Career advancement
    Financial Center First splits president and CEO roles

    Cameron Minges will become president of the Indianapolis-based credit union effective Jan. 1.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 18
    Cameron Minges will become president of Financial Center First Credit Union on Jan. 1, 2021.
  • Branding
    Michigan credit unions rebrand after merger

    The name change, which will take effect Jan. 1, comes following the merger of CP Financial and Washtenaw Federal Credit Union.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 18
    Chrissy Siders, president and CEO of TRUE Community Credit Union
  • De novo institutions
    $100K and a dream: College senior plots student-run credit union

    A group at George Washington University has been working to open a de novo institution to serve students, but the would-be institution faces a variety of hurdles before it can open its doors.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    November 18
    CUJ-111620-DENOVO.jpeg
  • Obituaries
    Ascentra Credit Union CEO dead at 52

    Dale Owen began his career at the Bettendorf, Iowa-based institution in 1999 and took over as chief executive in 2013.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 17
    Dale Owen
  • Succession planning
    CEO of Mills42 Federal Credit Union resigns, successor named

    Carla Rasetta is stepping down after a decade at the helm of the Massachusetts-based institution.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 17
    Derek Cronin, CEO of Mills42 Federal Credit Union
  • Credit cards
    Visa pilots card-not-present security app with MSUFCU

    The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

    moeser-michael-javelin
    By Michael Moeser
    Senior Content Strategist
    November 17
    Visa cards in shadows
  • Career moves
    Kyle Markland to head conserved Municipal Credit Union

    Markland, the former CEO of Affinity Plus FCU in Minnesota, takes the helm 17 months after the New York-based institution entered conservatorship.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 16
  • Fraud
    Synthetic identity fraud risks on the rise for credit unions

    New analysis from SentiLink showed that the industry may be more vulnerable to some fraud threats than it realizes.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 16
    cybersecurity-hack-data-breach-cloud
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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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