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Market Intelligence:
AI
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Industry Data
  • Technology
    Golden 1 CU Integrates Fiserv’s Popmoney P2P With Mobiliti

    SACRAMENTO, Calif. – Golden 1 CU is one of the first financial institutions to integrate Fiserv’s Pomoney person-to-person payments service with the company’s Mobiliti mobile banking platform, allowing members to initiate P2P payments directly from their smartphones or tablets, the credit union giant announced this morning.

    March 6
  • CUJ content
    Credit Unions For Kids Set Fundraising Record In 2012

    SALT LAKE CITY – Credit Unions for Kids reported that it closed 2012 with a record $10.2-million raised, a $1.5-million increase over 2011.

    March 5
  • CUJ content
    Longtime CU Director, Civil Rights Activist, Dies

    HUNTSVILLE, Ala. – Redstone FCU’s longtime director and well-known civil rights activist Charles Ray, Jr., died yesterday.

    March 5
  • CUJ content
    $2,800 Robbery Gets Man Eight Years In Prison

    AMARILLO, Texas – A convicted robber who stole $2,800 from Amarillo Community FCU at gunpoint during an armed robbery last September was sentenced to eight years in prison on Monday.

    March 5
  • Branch network
    Nutmeg State FCU Adds In-Store ATMs

    ROCKY HILL, Conn. – Nutmeg State FCU has opened two more grocery store ATM locations inside Price Choppers in Southington and Bristol.

    March 5
  • Payments
    Ely Lilly FCU Signs For IQR Consulting Data Analysis

    INDIANAPOLIS – Ely Lilly FCU has signed with IQR Consulting to have IQR’s data analysts review its portfolio performance.

    March 5
  • Branch network
    Oregon Community CU Introduces Touch-Screen ATM

    EUGENE, Ore. – Oregon Community CU has installed a touch-screen, drive-up ATM at its Springfield branch that does not require a deposit slip or envelope when making a deposit.

    March 5
  • CUJ content
    Akcelerant Teams With Scorelogix For Credit Scoring

    MALVERN, Penn. – Akcelerant announced a new relationship with Scorelogix, a predictive analytics company, that will enable Akcelerant to sell its Insight Scores to credit unions and banks.

    March 5
  • CUJ content
    Malauzai Software Launches Mobile Banking SmartApp For iPad

    AUSTIN, Texas – Malauzai Software has introduced a mobile banking app for iPad devices.

    March 5
  • CUJ content
    Senate Sets Hearing On Contentious CFPB Post

    WASHINGTON – Despite Republican objections to the nomination, the Senate Banking Committee yesterday scheduled a hearing for next Tuesday on the appointment of Richard Cordray to a full term as director of the Consumer Financial Protection Bureau.

    March 5
  • Cards
    Fed Won’t Change Durbin Parameters

    WASHINGTON – The Federal Reserve issued a report today saying even though card issuers reported lower interchange revenues from debit card transactions last year it has no plans to change the rules governing Durbin amendment’s cap on swipe fees, as the rules gave it the power to do.

    March 5
  • Fraud
    Romanian Gang Bagged In Card Skimming

    FT. LAUDERDALE, Fla. – Three Romanian men were arrested and three more are being sought in a debit-card skimming operation that siphoned funds from more than 400 credit union and bank accounts.

    March 5
  • Lending
    Fannie, Freddie Plan Secondary Market Restructure

    WASHINGTON – The regulator for Fannie Mae and Freddie Mac announced a plan yesterday to create a new secondary market platform by combining the securitization operations of both companies through a new private entity that would be jointly owned by the two mortgage giants

    March 5
  • Branch network
    South Florida Educational FCU Opens Eighth In-School Branch

    MIAMI – South Florida Educational FCU celebrated the opening of its newest high school branch, Generals Credit Union inside Miami Jackson Senior High School, the credit union’s eighth in-school branch.

    March 4
  • CUJ content
    Teachers FCU Hosts Teen Financial Simulation

    HAUPPAUGE, N.Y. – Teachers FCU will host Mad City Money, which teaches high school students basic money management within a real-life simulation.

    March 4
  • Branch network
    Virginia’s Connects FCU Buys Bank Branch

    RICHMOND, Va. – Connects FCU has acquired a former BB&T branch, which will serve as the $72-million credit union’s third branch.

    March 4
  • Branch network
    Alaska USA FCU Opens Another In-Store Washington Branch

    MARYSVILLE, Wash. – Alaska USA FCU has opened a new branch in the Haggen supermarket here, its 24th branch in Washington.

    March 4
  • CUJ content
    Wyoming’s Campco FCU Plans New Headquarters

    GILLETTE, Wyo. – Campco FCU has sold its headquarters and is about to break ground on a new building, near the town’s newest retailers, including a Home Depot and an under-construction Old Chicago.

    March 4
  • CUJ content
    Florida Eyes CU Muni Deposits Bill

    TALLAHASSEE, Fla. – Lawmakers in the state House and Senate have introduced legislation that would allow municipalities and other government entities to deposit their funds in federally insured credit unions.

    March 4
  • CUJ content
    KEMBA Financial CU Signs With CUSO Financial For Investment Services

    GAHANNA, Ohio – KEMBA Financial CU has hired CUSO Financial Services to provide its members with brokerage and investment services.

    March 4
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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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