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Market Intelligence:
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Industry Data
  • Growth strategies
    Natco CU Plans Community Empowerment Center

    RICHMOND, Ind. – Natco CU plans to open a community center to provide assistance and resources designed to help area consumers achieve economic empowerment.

    March 26
  • Lending
    ‘Lucky’ St. Patrick’s Day Promo Reels In New Loans

    RALEIGH, N.C. – Electel Cooperative FCU’s two-day St. Patrick’s Day “Lucky Loan” promotion, held Friday, March 15 and Monday, March 18, offered personal loans for 12 months at 1.9% or 24 months at 2.9%.

    March 26
  • Technology
    San Diego County CU Launches LivePerson Mobile Chat

    SAN DIEGO – San Diego County CU has implemented LivePerson’s mobile chat solution to engage with its growing volume of mobile members in real time, wherever they are.

    March 26
  • CUJ content
    Master Cards Hacker Seeks To Unwind Plea Deal

    BOSTON – The most prolific cards hacker in history has asked a federal appeals court to invalidate a plea agreement that sent him to prison for 20 years and vacate his sentence, even though he agreed not to appeal as part of the deal.

    March 26
  • Compliance
    Financial Advisor Sanctioned For Stealing Member Data Upon Departure

    BOSTON—A former financial advisor for Corning (New York) CU was fined $10,000 and suspended ten days for loading up a computer flash drive with member information when he left the credit union to take a new job with Wachovia Securities, now a unit of Wells Fargo.

    March 26
  • Technology
    Mission FCU Adds Shastic’s Calcubot Facebook Loan Calculator

    SAN DIEGO – Mission FCU has implemented Shastic’s social loan calculator for Facebook, known as Calcubot.

    March 26
  • Cards
    Utilities Employees CU Launches Rewards HSA Cards

    WYOMISSING, Penn. – Utilities Employees CU has introduced an enhanced Health Savings Account that offers a no-fee Visa rewards check card and free ATM access for qualifying medical purchases.

    March 26
  • Fraud
    California CU Exec Jailed For $1 Million Embezzlement

    SAN BERNARDINO, Calif. – The former executive vice president of Chaffey FCU was sentenced yesterday to 30 months in prison for a fraud scheme that drained almost $1.1 million from the $100 million credit union.

    March 26
  • Lending
    Mid USA CU Finances Apartment Complex

    DAYTON, Ohio – Mid USA CU has provided a $2.35-million loan to finance acquisition of a 111-unit apartment building in nearby Trotwood.

    March 25
  • CUJ content
    Montgomery County CU’s CEO Departs

    MIDDLETOWN, Ohio – Montgomery County CU, which reported a $200,000 loss on $30 million of assets for 2012, said its CEO, Lori Tieman, has left and its Chief Operating Officer Sylvia Minnifield has been appointed acting CEO.

    March 25
  • CUJ content
    Postal CU Adds CU Realty Services

    WOODBURY, Minn. – Postal CU has signed with CU Realty Services LLC to use the CUSO’s turnkey, Web-based active lead channel.

    March 25
  • Growth strategies
    TDECU Expands Real Estate Business

    LAKE JACKSON, Texas – TDECU Real Estate is adding two new offices, giving it a total of four.

    March 25
  • CUJ content
    Scott CU Contest To Award Free Mortgage Or Rent For A Year

    COLLINSVILLE, Ill. – Scott CU is offering to pay for a lucky person’s housing costs for 12 months as part of its “We’ll Pay Your Mortgage or Rent for a Year!” sweepstakes.

    March 25
  • CUJ content
    Freedom CU Opts For FMSI's Teller Management System

    PHILADELPHIA – Freedom CU has adopted Financial Management Solutions, Inc.’s, Teller Management System.

    March 25
  • Growth strategies
    Michigan’s Telcom CU Seeks New Vibe

    NOVI, Mich. – Telcom CU, a one-time telephone workers credit union, has changed its name to Vibe CU, incorporating a modern version of the credit union’s historical roots in telecommunications.

    March 25
  • CUJ content
    Cardholders Dealt Setback In Hannaford Bros Breach

    PORTLAND, Maine – A federal judge here dealt victims of a 2007 cards breach at Hannaford Bros. a major defeat last week when he refused to certify the group for class action status in their civil suit against the New England supermarket chain.

    March 25
  • CUJ content
    Hiring Picks Up At CUs

    WASHINGTON – Credit unions added more than 7,300 employees last year, both full-time and part-time, as hiring picked up to pre-financial crisis levels.

    March 25
  • CUJ content
    Senate Banking Chairman To Retire

    WASHINGTON – Senate Banking Committee Chairman Tim Johnson of South Dakota, a strong credit union supporter, will retire when his current term expires in 2014.

    March 25
  • Compliance
    Founders FCU Wins Discrimination Suit By Former Minority Outreach Officer

    COLUMBIA, S.C. – A federal court here Friday agreed to dismiss a discrimination suit brought against Founders FCU by a former assistant vice president in charge of Hispanic outreach who was fired over conflicts with the credit union’s loan policies.

    March 25
  • Compliance
    CUNA Meets With FASB Reps, Presses For Changes To Plan

    CUNA has asked the Financial Accounting Standards Board to delay its proposals for changes in the accounting for credit losses and loan impairments.

    March 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.