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Market Intelligence:
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  • CUJ content
    Insuritas To Offer ‘Myth-Busting’ Webinar

    HARTFORD, Conn. – Insuritas is hosting a free webinar on its SmartCART technology on June 20 from 12-1 EDT.

    June 11
  • CUJ content
    Nassau Educators CU Adds cuautocoupon

    WESTBURY, N.Y. – Nassau Educators CU has signed with cuautocoupons to offer the company’s savings program for auto service, parts or accessories.

    June 11
  • Lending
    San Diego County CU Tells Members To Skip Summer Car Loan Payments

    SAN DIEGO – San Diego County CU has launched a Summer Saver Auto Loan promotion that invites qualified credit union auto loan borrowers to skip their regular monthly payments for the months of July and August throughout the term of their loan.

    June 11
  • Growth strategies
    Affinity Plus FCU Acquires CU Branch With Member Accounts

    ST. PAUL, Minn. – Affinity Plus FCU will gain approximately 4,600 members and $25 million in assets from Illinois-based Oak Trust CU at the close of business June 30, after regulators approved an unusual branch acquisition deal.

    June 11
  • Performance reports
    CU Forecloses On Timber Mill

    SUPERIOR, Wis. – A logging company featured on the History Channel’s “Ax Men” series has three months to find a buyer before its forest and lumber mill goes to a sheriff’s sale, under a foreclosure order issued Monday to Superior Choice CU.

    June 11
  • CUJ content
    CUNA Mutual Switches Employee Benefits To Digital Insurance

    MADISON, Wis. – CUNA Mutual Group announced this morning it is transitioning its Employee Benefits book of business to Digital Insurance, the nation’s leading employee benefits-only agency.

    June 11
  • Lending
    Navy Federal Books Record Consumer Loans

    VIENNA, Va. – Navy FCU said this morning it originated $753 million in consumer loans last month, the best month for consumer lending in its 80-year history.

    June 11
  • Technology
    Digital Defense Wins Patent-Pending On Recurring Vulnerability Scans

    SAN ANTONIO – Digital Defense, provider of online fraud detection for credit unions, on Monday said it was awarded patent-pending status for its scanning technology’s host reconciliation process.

    June 10
  • CUJ content
    Exploding Dye Pack Foils CU Robbery

    MISHAWAKA, Ind. – A man robbed AAA CU Monday morning and made off with a bag of cash – only to be thwarted and leave the bag behind when a dye pack exploded inside.

    June 10
  • Compliance
    Filene Seeks Input on Credit Union Regulatory Burden

    MADISON, Wis. – Filene Research Institute and Credit Union Central of Canada are seeking North American credit unions to complete a survey on increasing regulation on credit unions in Canada and the United States – responses are due June 14.

    June 10
  • Lending
    CU/America Financial Inks Deal With CU Realty Services

    LOMBARD, Ill. – CU/America Financial Services, a mortgage CUSO owned by eight Illinois credit unions, has signed with Scottsdale, Ariz.-based CU Realty Services to offer the company’s real estate program to credit unions throughout Illinois.

    June 10
  • Growth strategies
    Wisconsin’s Summit CU Cleared To Expand In Milwaukee

    MADISON, Wis. – Summit CU’s bid to expand its Milwaukee branches with a deal for Veterans’ Administration CU was approved by members of the $15-million credit union, NCUA and state regulators.

    June 10
  • CUJ content
    Duo Rips Open CU ATMs

    OREM, Utah – Police are seeking two men who apparently broke into two different Alpine CU ATMs late Sunday night/early Monday morning and ripped open the cash machines.

    June 10
  • CUJ content
    Long Island’s Teachers FCU To Host Weekly Farmers Market

    HAUPPAUGE, N.Y. – Teachers FCU is joining the Long Island Growers Market to introduce its farmers market to the Hauppauge community, which be held in the credit union’s parking lot here every Thursday through Aug. 29.

    June 10
  • CUJ content
    Washington CUs Mull Director Pay Limits

    OLYMPIA, Wash. – State regulators will hold a meeting with interested credit union volunteers and executives June 20 to discuss limits on directors’ pay as allowed under the new state law.

    June 10
  • CUJ content
    Illinois League’s Dan Plauda Retires

    NAPERVILLE, Ill. – The Illinois CU League said this afternoon Dan Plauda, one of the longest-serving league presidents, is retiring June 30, 2014, after 37 years of service to credit unions.

    June 10
  • Fraud
    Romanians Extradited In International Phishing Scheme

    NEW HAVEN, Conn – Two Romanian nationals who drained tens of thousands from bank and credit union accounts with a sophisticated phishing fraud were sentenced to federal prison terms this afternoon.

    June 10
  • Technology
    Michigan State University FCU Launches Voluntary eAlerts

    EAST LANSING, Mich. – Michigan State University FCU has introduced eAlerts, real-time notifications sent by email or text message to members based on the recurring or one-time information they choose to receive regarding account-specific or general credit union information.

    June 10
  • Fraud
    Thieves Swipe CU ATM

    TULSA, Okla. – Five men, visible on video surveillance, stole a Tulsa FCU ATM in nearby Jenks and hauled it away on a utility trailer just after midnight last night.

    June 10
  • CUJ content
    Court Orders Comcast to ID Subscribers in AllSouth Phishing Scam

    A federal court has ordered Comcast to divulge the identities of two Comcast e-mail users in its bid to discover the perpetrators of an online phishing scam targeting AllSouth FCU members.

    By Ed Roberts
    June 10
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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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