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Market Intelligence:
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  • CUJ content
    Texas CUs Spared Damage In Explosion

    WEST, Texas – The credit union community escaped damage from the enormous explosion at a fertilizer plant here that killed numerous people and injured more than 150.

    April 21
  • CUJ content
    Texas CU Leader Dolores Cox Passes

    CORPUS CHRISTI, Texas – Dolores Cox, who was a grass-roots leader in the growth of Texas credit unions, died Friday at 80.

    April 21
  • CUJ content
    CUNA Mutual Donates $100,000 To Clean Lakes Initiative

    MADISON, Wis. – CUNA Mutual Group said its CUNA Mutual Foundation is contributing $100,000 to the Clean Lakes Alliance to help fund the “Renew the Blue” project cleaning Madison-area lakes.

    April 21
  • CUJ content
    ‘Snowboarder Bandit’ Ordered To Stand Trial

    ANAHEIM, Calif. – A young man who often carried a snowboard under his arm while he robbed as many as 12 area credit unions and banks – including two at SchoolsFirst FCU branches – on Friday was ordered to stand trial.

    April 21
  • CUJ content
    Emerald Group CU’s CEO To Retire After 41 Years

    GARFIELD HEIGHTS, Ohio – Emerald Group CU said John Martin, its CEO of 41 years, is retiring June 30 from the $50-million credit union.

    April 21
  • Corporate credit unions
    Judge Mulls Stay In NCUA’s Wall Street Suits

    WICHITA, Kan. – A federal judge has set a hearing for April 29, when he will consider whether to delay as many as eight of NCUA’s suits claiming recompense from Wall Street banks over the corporate credit union debacle and whether the cases should be consolidated.

    April 21
  • Growth strategies
    NCUA Grants Huge Faith-Based Expansion

    ALEXANDRIA, Va. – NCUA on Friday reported it has approved an application from Ohio Catholic FCU in Akron, Ohio, to serve 1.3 million parishioners, students and employees in Catholic churches in Columbus, Steubenville, Youngstown, Toledo and Cincinnati, one of the biggest faith-based expansions ever granted.

    April 21
  • CUJ content
    Merger Activity Surges As More Troubled CUs Eliminated

    ALEXANDRIA, Va. – NCUA on Friday said it approved 34 mergers in March – the most for any one month in almost a decade – as an increasing numbers of troubled credit unions are being combined with healthier institutions.

    April 21
  • Growth strategies
    Monroe County Community CU Wins City Municipal Concession

    MONROE, Mich. – Residents paying water bills, parking tickets, recreation program fees and other in-person payments to the city now must visit the Monroe County Community CU branch in city hall to do so, instead of the nearby clerk-treasurer’s office, as a result of an outsourcing contract with the credit union.

    April 21
  • CUJ content
    Erie General Electric FCU Gives GE Its Name Back, Takes Widget FCU Instead

    ERIE, Penn. – Erie General Electric FCU, one of three surviving GE credit unions ordered to relinquish the corporate moniker, announced a new name at its annual meeting Saturday – Widget FCU, but will do business simply as Widget Financial.

    April 21
  • CUJ content
    State Employees’ CU Announces $435,000 Continuing Ed Initiative

    RALEIGH, N.C. – State Employees’ CU announced this afternoon its SECU Foundation will provide $435,000 in funding for continuing education scholarships to help retrain the state’s burgeoning unemployed and underemployed workforce.

    April 19
  • CUJ content
    CUJ Midday Update: Boston CUs Being Affected by Hunt for Bombers

    BOSTON—With much of the greater Boston area locked down this morning in the manhunt for the alleged bombers of the Boston Marathon, credit unions are dealing with a mass police presence and the shutdown of schools and public transit—and in some cases, entire towns.

    April 19
  • Corporate credit unions
    NCUA Draws Blanks On WesCorp, U.S. Central Bond Claims

    ALEXANDRIA, Va. – NCUA said it failed to recover any payments on insurance held by WesCorp FCU, U.S. Central FCU or any of the other three corporate credit union failures, despite millions of dollars in directors and officers premiums paid by the failed corporates.

    April 19
  • Fraud
    AllSouth FCU Sues Unknown ‘John Does’ In Phishing Attacks

    COLUMBIA, S.C. – AllSouth FCU, whose members have been solicited for their account numbers over the past few weeks, filed a civil suit against the unknown perpetrators in an unusual attempt to stem the expanding phishing attacks.

    April 19
  • CUJ content
    Earnings Triple At Sallie Mae On Gain In Derivatives

    NEWARK, Del. – Sallie Mae reported a tripling of first quarter net income to $346 million on another big swing in the company’s financial derivatives trading.

    April 18
  • CUJ content
    InTouch CU To Swallow Dr. Pepper Employees FCU

    PLANO, Texas – InTouch CU has agreed to acquire Dr. Pepper Employees FCU, a single-branch, $3.2-million credit union also located in Plano.

    April 18
  • CUJ content
    Champion CU Chooses TRC Interactive For Fraud Prevention

    CANTON, N.C. – Champion CU has selected TRC Interactive’s First Line of Defense ~ Fraud Detection and Loss Prevention Challenge, an online interactive experiential exercise for credit unions.

    April 18
  • CUJ content
    Credit Union of Texas Adds FMSI’s Teller Management System

    DALLAS – Credit Union of Texas has implemented Financial Management Solutions Inc.’s Teller Management System.

    April 18
  • Technology
    Dover FCU Implements Fiserv’s Popmoney P2P

    DOVER, Del. – Dover FCU said it has added Fiserv’s Popmoney person-to-person money transfer service for its members.

    April 18
  • Lending
    Mortgage Rates Decline Third Straight Week

    WASHINGTON – Mortgage rates headed lower again this week amid weak consumer spending data, according to Freddie Mac.

    April 18
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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.