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Market Intelligence:
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  • Growth strategies
    MECU Of Baltimore In Latest CU Bank Acquisition

    BALTIMORE – Municipal Employees CU of Baltimore announced this morning an agreement to acquire troubled $61 million Baltimore-based Advance Bank, the fourth credit union acquisition of a bank in the last 18 months.

    April 4
  • Lending
    Private Mortgage Insurers Cited For Kickbacks

    WASHINGTON -- The Consumer Financial Protection Bureau this morning announced four civil enforcement actions to end what the Bureau believes to be improper kickbacks paid by private mortgage insurers to mortgage lenders in exchange for business.

    April 4
  • CUJ content
    Teller Abducted At Home, Forced To Help In CU Robbery

    FORT WAYNE, Ind. – A teller at Pinnacle CU was abducted after she left work yesterday then held hostage in her home, before being forced to help two men rob the credit union later last night.

    April 4
  • CUJ content
    GFA FCU Passes Out Barbecue Tools To Celebrate New Branch

    GARDNER, Mass. – GFA FCU opened a new branch in nearby Leominster and the first eight members were greeted with barbecue utensil kits.

    April 3
  • CUJ content
    Bethlehem Teachers FCU Merges With Bethlehem Municipal Employees FCU

    BETHLEHEM, Penn. – Bethlehem Municipal Employees FCU, a $6-million credit union, has merged into $40-million Bethlehem Teachers FCU.

    April 3
  • CUJ content
    Hawaii Central FCU Acquires Troubled TheoDavies FCU

    HONOLULU – Hawaii Central FCU has merged into it TheoDavies FCU, a one-time $14-million credit union that served employees of food services company Theo Davies.

    April 3
  • CUJ content
    Louisiana’s Campus FCU Announces Retirement Of CEO

    BATON ROUGE, La. – Campus FCU announced its longtime CEO, John Milazzo, is retiring at year-end and will be succeeded by Dawn Harris, chief operating officer at the $500-million credit union.

    April 3
  • Technology
    River City FCU Deploys Malauzai’s Multi-Lingual iPad App

    SAN ANTONIO – River City FCU said it has implemented Malauzai Software’s multi-lingual mobile banking iPad application in less than four weeks.

    April 3
  • CUJ content
    Deputy Guns Down CU Robbery Suspect

    WICHITA, Kan. – A sheriff’s deputy shot to death a man running from Credit Union of America early Wednesday morning after an apparent robbery at the branch.

    April 3
  • CUJ content
    Real Estate Appraiser Jailed For Bogus CU Appraisals

    DAVENPORT, Iowa – A real estate appraiser was sentenced to six months in prison and ordered to pay $131,000 restitution to Deere Harvester CU for filing false appraisals to allow members to refinance their home loans.

    April 3
  • CUJ content
    Texas Credit Unions Approve Potential Cornerstone CU League

    AUSTIN, Texas – The first step for a potential consolidation of the credit union associations for Arkansas, Oklahoma and Texas went forward Wednesday afternoon as member credit unions of the Texas CU League voted in favor of what is being called the Cornerstone Credit Union League.

    April 3
  • CUJ content
    Prime Financial CU Transfers Branch, Members To Community First CU

    CUDAHY, Wis. – Prime Financial CU on Wednesday said it plans to transfer its branch in Two Rivers, Wis., along with members and member accounts, to Community First CU of Appleton.

    April 3
  • CUJ content
    Texas Credit Unions Approve Potential Cornerstone CU League

    AUSTIN, Texas – The first step for a potential consolidation of the credit union associations for Arkansas, Oklahoma and Texas went forward Wednesday as member credit unions of the Texas CU League voted in favor of what is being called the Cornerstone Credit Union League.

    April 3
  • Growth strategies
    Navy Federal To Add 1,500 New Jobs

    PENSACOLA, Fla. -- Navy FCU announced this afternoon it is expanding its huge operations center here and will be hiring around 1,500 employees here later this year.

    April 3
  • Compliance
    NCUA, Bank Regulators Eye Diversity Standards

    ALEXANDRIA, Va. – NCUA and the other financial regulators are drafting standards to evaluate workforce diversity at credit unions and banks in an effort to gauge institutions’ efforts to hire women and minorities.

    April 3
  • CUJ content
    NCUA Weighs In For Members In Failed Board Ouster

    PORTLAND, Ore. – NCUA issued a legal opinion in conjunction with a suit by a disgruntled member of St. Helens Community FCU supporting the members’ bid to overturn last September’s failed board recall vote.

    April 3
  • CUJ content
    Sikorsky Financial CU Names CEO

    STRATFORD, Conn. – Sikorsky Financial CU said Vincent Ciambriello, its chief operations officer who has been acting CEO the past year, has been named permanent president and CEO of the $680-million credit union.

    April 2
  • Technology
    Texas Trust CU Adds Cachet Financial’s Remote Deposit Capture

    MANSFIELD, Texas – Texas Trust CU yesterday said it has rolled out Cachet Financial Solutions’ remote deposit capture system within its mobile banking application – making deposits easier and more convenient for its members.

    April 2
  • Branch network
    Navy Federal Opens First New Branch Of 2013

    SAN DIEGO – Navy FCU opened its first new branch of the year – and its first “green,” or LEED-certified branch – at Marine Corps Air Station Miramar.

    April 2
  • Growth strategies
    Heritage CU Expands Into Northern Wisconsin With Price CU Deal

    MADISON, Wis. – Heritage CU, a former Oscar Mayer employees’ credit union, has agreed to merge into it Price CU, a $30-million Prentice, Wis., credit union with three branches, in Prentice, Hawkins and Phillips.

    April 2
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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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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.