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Market Intelligence:
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  • CUJ content
    Tower FCU Adds Two Branches With Coast Guard CU Merger

    BALTIMORE – Tower FCU, the credit union for the National Security Agency, has added branches in nearby Curtis Bay and Pasadena with the merger of U.S. Coast Guard Community CU, one of just two privately insured credit unions in Maryland.

    July 9
  • CUJ content
    Evansville Teachers FCU Wins Contract For School Debit Card

    EVANSVILLE, Ind. – The Evansville Vanderburgh School Board approved a three-year contract with Evansville Teachers FCU, under which the credit union will issue employees and students VISA debit cards.

    July 9
  • CUJ content
    CU Journal Calling For Best Practices Nominations

    WEST PALM BEACH, Fla. – Credit Union Journal is now calling for nominations and entries for its 2013 Best Practices Awards.

    July 9
  • CUJ content
    Suspect Guilty In $100,000 Navy FCU Heist

    BALTIMORE – One of three men charged in a series of three $100,000 armed robberies, including a holdup at Navy FCU in nearby Clinton, has pleaded guilty and has agreed to testify against his two accomplices.

    July 9
  • Payments
    OSU FCU Hit By Card Fraud

    CORVALLIS, Ore. – OSU FCU reported to police that more than $80,000 in fraudulent charges were made to members’ cards at stores throughout Oregon, Washington and California between June 8 and June 26.

    July 9
  • CUJ content
    Billionaire Perelman Wins Harland Clarke Going Private Suit

    WILMINGTON, Del. – The Delaware Chancery Court has dismissed a shareholder suit claiming billionaire financier Ronald Perelman, owner of MacAndrews & Forbes Worldwide, shortchanged other shareholders of M&F Worldwide when he bought the M&F Worldwide shares he did not own and took the parent of check printing giant Harland Clarke private in 2011.

    July 9
  • CUJ content
    CU Tax Bill Dies In Oregon

    SALEM, Ore. – The state legislature adjourned yesterday without acting on bill that would have applied the state’s excise tax to some credit unions, one of several legislative tax threats around the country.

    July 9
  • Corporate credit unions
    S&P Fraud Case Proceeds In WesCorp, Eastern Financial Failures

    LOS ANGELES – A federal judge yesterday rejected Standard & Poor’s bid to dismiss a Justice Department suit claiming the Wall Street rating agency intentionally ignored its own standards rating risky investments sold to WesCorp FCU and Eastern Financial Florida CU, and others, moving the landmark case closer to trial.

    July 9
  • Compliance
    CFPB Defends Far-Ranging Data Collection

    WASHINGTON -- Republican members of the House Financial Services Committee expressed concern this morning that the Consumer Financial Protection Bureau is collecting personal purchasing information on tens of millions of Americans in contravention of privacy requirements contained in the Dodd-Frank Act, which created the new consumer agency.

    July 9
  • Technology
    Mitek Wins Patent On Mobile Card Switching App

    SAN DIEGO – Mitek, the pioneer in remote mobile deposits technology, announced this morning it has been issued a U.S. patent on its application allowing consumers to transfer their credit card balances via mobile devices, which is currently being piloted at San Diego County CU.

    July 9
  • CUJ content
    Lender Processing Ends ‘Go Shop’ Period For Fidelity National Takeover

    JACKSONVILLE, Fla. – Lender Processing Services, the nation’s largest provider of mortgage processing services, on Monday said the “go-shop” period under a takeover offer from Fidelity National Financial had expired and the company did not receive any alternative acquisition proposals during the 30-day window.

    July 8
  • CUJ content
    Bellwether Community CU Battles For Compensation Over CUSO Withdrawal

    GRAND RAPIDS, Mich. – New Hampshire’s Bellwether Community CU has vowed to challenge a federal court ruling dismissing its suit over its withdrawal from CUSO Development Co. LLC, saying the Michigan CUSO continues to owe the credit union money reserved for it in its capital account.

    July 8
  • Growth strategies
    Member Benefits Program Pays Off For LA Police FCU

    LOS ANGELES – Six months after introducing a program it calls “Member Benefits,” which is designed to “reward those members most invested in the success of their credit union, while asking those who are not engaged to help pay their fair share,” Los Angeles Police FCU said it has seen increased profitability and changed member behavior.

    July 8
  • CUJ content
    CU Journal Calling For Best Practices Nominations

    WEST PALM BEACH, Fla. – Credit Union Journal is now calling for nominations and entries for its 2013 Best Practices Awards.

    July 8
  • CUJ content
    IBM Southeast EFCU Signs Car Buying Pact With AutoNation Direct

    BOCA RATON, Fla. – IBM Southeast Employees’ FCU yesterday said it has chosen AutoNation Direct to provide its members with auto buying services.

    July 8
  • CUJ content
    MidFlorida CU Inks Turnkey Insurance Deal With Insuritas

    LAKELAND, Fla. – MidFlorida CU has contracted with Insuritas to open a turnkey insurance agency.

    July 8
  • Branch network
    St. Mary’s CU Opens Branch In Former Ice Cream Parlor

    WESTBOROUGH, Mass. – St. Mary’s CU this afternoon is holding a grand opening for a new branch it built by renovating a former Friendly’s ice cream restaurant.

    July 8
  • CUJ content
    CEO Seeks Third Trial On Embezzlement Charges

    NORRISTOWN, Penn. – The former CEO at United Food and Commercial Workers Local 1776 FCU has appealed last month’s conviction on charges she stole from the credit union to pay for her husband’s dental expenses and has asked a state court for a third try at exoneration.

    July 8
  • Compliance
    CFPB Creating National Database

    WASHINGTON – The Consumer Financial Protection Bureau this morning is expected to tell Congress it will be carefully protecting individuals’ privacy as it builds a massive database on consumer financial behavior and on home mortgages.

    July 8
  • CUJ content
    CUs Behind Uptick in Overdraft Fees: Study

    The national price for overdrafts is rising, and credit unions are driving up that fee, according to a recent study by Moebs $ervices.

    By Ray Birch
    July 8
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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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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.