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Market Intelligence:
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Industry Data
  • CUJ content
    New ATM Scam Uses Super Glue

    SPOKANE, Wash. – Thieves are using a new method to steal card information – gluing the cancel button on ATM transactions.

    April 28
  • CUJ content
    Developer Jailed In MBL Fraud

    ALBUQUERQUE, N.M. – Real-estate developer Vincent Garcia on Friday was sentenced to 27 months in prison for siphoning hundreds of thousands of dollars from member business loans obtained from First Financial CU and a Topeka, Kan., bank for personal use.

    April 28
  • CUJ content
    CUNA Mutual Sets Deal With Employees Union

    MADISON, Wis. – CUNA Mutual Group and its employees union, the Office and Professional Employees International Union Local 39, have reached an agreement on a new three-year labor deal that will give the Union’s 700 Madison-based workers 3% raises for each of the years, as well as ratification bonuses.

    April 26
  • Fraud
    Elderly CEO Sentenced To A Day In Prison For CU Embezzlement

    SPRINGFIELD, Mass. – The 67-year-old former manager at Adams Municipal Employees FCU was sentenced yesterday to a day in prison and six months home confinement for stealing $160,000 from the $1 million credit union located in City Hall.

    April 26
  • Performance reports
    Huge Texans CU Conservatorship Still Under Water

    RICHARDSON, Texas –NCUA reported today Texans CU had first quarter net income of $5.2 million, but even with five straight quarters of profitability the one-time $2 billion credit union run by NCUA the past two years still has a $15 million hole.

    April 26
  • Fraud
    You Can’t Keep That $25,000 Mistakenly Deposited In Your CU Account

    LAYTON, Utah. – A member of America First CU was charged with theft after he transferred $25,000 from his account the credit union erroneously deposited in it.

    April 26
  • CUJ content
    Army Aviation Center FCU Director Passes At 99

    DALEVILLE, Ala. – Army Aviation Center FCU announced the death of Roger Turnquist, a volunteer at the credit union the last 35 years until his passing at 99.

    April 25
  • CUJ content
    Net Income Surges At Equifax

    ATLANTA – Credit bureau Equifax reported a 41% increase in first quarter net income to $101.1 million, as sales rose strongly in most of its segments.

    April 25
  • Technology
    Meritrust CU Opts For ForeScout’s Network Security System

    WICHITA, Kan. – Meritrust Credit Union has selected ForeScout Technologies’ CounterACT network access control system.

    April 25
  • CUJ content
    American First CU Promotes CFO To Corner Office

    LA HABRA, Calif. – American First CU yesterday said it named Jon Shigematsu, its chief financial officer, the new president and CEO of the $510-million credit union.

    April 25
  • Lending
    Mortgage Rates Fall Toward Record Lows

    WASHINGTON – Mortgage rates fell for the fourth straight week, with the average for the 15-year loan dipping to a new low, according to Freddie Mac.

    April 25
  • CUJ content
    Members Approve Merger Of Troubled Former Enron CU

    HOUSTON – Members of StarTrust FCU, the former Enron employees’ credit union, voted overwhelmingly to merge the ailing $52-million credit union into InvestTex CU.

    April 25
  • CUJ content
    NCR Rolls Out Anti-Skimming Solution

    DULUTH, Ga. – NCR on Thursday said it is offering an advanced anti-skimming technology that provides financial institutions with a proactive way to address today’s ATM skimming challenges and deliver maximum availability and convenience to their members and customers.

    April 25
  • Technology
    CO-OP Financial Pilots Mobile Card Controls

    RANCHO CUCAMONGA, Calif. – CO-OP Financial services has teamed with Ondot Systems of San Jose, Calif., to provide credit unions with a CO-OP-branded service that enables members to use their smart phones to exercise greater control over their card usage.

    April 25
  • Branch network
    North Carolina SECU Inks ATM Management Deal With Wincor Nixdorf

    RALEIGH, N.C. – State Employees’ CU has signed with Wincor Nixdorf to provide a variety of multi-vendor software solutions to manage its 1,100 cash machines, the biggest fleet of any credit union.

    April 25
  • Lending
    CFPB Proposes Changes to Ability-To-Repay, Mortgage Servicing Rules

    WASHINGTON – Mortgage lenders received welcome news in the form of clarifications and changes to the voluminous new mortgage rules released in January by the Consumer Financial Protection Bureau.

    April 25
  • CUJ content
    At CUs Across America They Do The ‘Harlem Shake’

    WICHITA, Kan. – Credit Union of America is using an untraditional video of dressed-up credit union employees – and even a board member – doing the latest Internet dance craze, the “Harlem Shake.”

    April 25
  • Performance reports
    Silver State Schools CU Swings To The Black

    LAS VEGAS – Troubled Silver State Schools CU reported a $1.2 million net for the first quarter today, compared to a $3.5 million loss for the first quarter last year, even as it expended all of its own reserves.

    April 25
  • Performance reports
    Over-Reserved CUs Reap First Quarter Benefits

    ALEXANDRIA, Va. – Credit unions around the country are once again reporting big gains in the first quarter, many of them benefiting from excess loan loss reserves still overhanging from the financial crisis which they are sending straight to their bottom lines, according to Financial Performance Reports submitted to NCUA this week.

    April 25
  • Technology
    Wescom CU Launches Online Data Mining Platform

    PASADENA, Calif. – Wescom CU announced this morning its Wescom Resources Group CUSO is now offering credit unions a new member service and marketing platform that reviews various streams of credit union data to manage and deliver marketing campaigns across multiple online and offline outlets.

    April 25
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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.