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Market Intelligence:
AI
Payments
Research
  • Coronavirus
    CUTX debuts free coronavirus antibody testing for staff. Does it work?

    Credit Union of Texas, based near Dallas, is believed to be one of the first in the industry to debut this perk.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 24
    Medical technicians on site at Credit Union of Texas for COVID-19 antibody testing.
  • HELOCs
    Coronavirus made homeowners realize they don't like their houses

    Home-renovation loans to add features such as offices and pools could be one source of lending as credit unions struggle with overall sluggish loan demand.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    July 24
    CUJ-072220-HOMEBUYERWANTS (3).jpeg
  • Payments
    Drop in back-to-school spending could affect credit unions

    A new study from WalletHub finds nealry 40% of parents are planning to spend less in advance of the upcoming academic year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 23
    school-bus-row-fotolia.jpg
  • M&A
    SEG facility closes, forcing small Virginia-based credit union to merge

    Cadmus Credit Union agreed to merge into Chartway Federal Credit Union after one of its select employer groups said it would shutter the facility where its only branch was located due to business issues that arose from the coronavirus.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    July 23
  • Diversity and equality
    SchoolsFirst under fire for lack of board diversity

    Recruiting directors from a variety of backgrounds is a challenge familiar to many credit unions. A member of one of the nation's largest CUs is calling for that institution to address the problem.

    By Melissa Angell
    Reporter
    July 23
  • MBL
    Taxpayer advocacy group ties lifting MBL cap to greater transparency

    A letter from the National Taxpayers Union requested changes, such as requiring federal credit unions to fill out a certain IRS form for non-profits, before lawmakers considered easing member business lending limits.

    By Melissa Angell
    Reporter
    July 22
  • Investments
    Investment firm Trust for Credit Unions passes $2B in assets

    The company reported growth of more than 103% since the end of last year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 22
    Jay Johnson, president of the Trust for Credit Unions
  • NCUA
    In Senate hearing, NCUA nominee forced to defend credentials

    Kyle Hauptman pledged to focus on capital reform and expanding access for the underserved if confirmed to the credit union regulator's board, but one senator questioned whether the nominee was even qualified to serve.

    By Melissa Angell
    Reporter
    July 21
    Kyle Hauptman, President Trump's third nominee to the NCUA board
  • Web Seminar The role of ATMs and self-service in post COVID-19 retail banking
    The COVID-19 pandemic has dramatically altered the retail financial services market.
    Sponsor Content from Cardtronics
  • NCUA is a bipartisan agency. It's time it acted like one.

    The credit union regulator can accomplish so much more when board members work in a good-faith, fair-minded manner. It needs to renew that attitude.

    July 21
    J. Mark McWatters
    J. Mark McWatters
    National Credit Union Administration
  • Coronavirus
    5 ways coronavirus has forever changed cash

    The coronavirus pandemic has cast a shadow over the use of cash, which is often perceived as dirty because it frequently changes hands and is almost never washed.

    moeser-michael-javelin
    By Michael Moeser
    Senior Content Strategist
    July 21
    PSO.07142020.CAS1.png
  • Growth strategies
    Methodist credit union targeting growth with rebrand, merger

    United Methodist Federal Credit Union is set to become Interfaith Credit Union. It is also planning to absorb a small South Dakota-based institution with a similar field of membership.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 20
  • Law and regulation
    Week ahead: Hauptman hearing on tap, slower recovery expected

    The latest nominee to the National Credit Union Administration board is set to appear before a Senate committee while a new forecast indicates the economy could take longer to turn around than expected.

    By Melissa Angell
    Reporter
    July 20
    Capitol Hill, Washington D.C.
  • Field of membership
    Can credit unions regain momentum in membership growth?

    The streak of strong gains for new members was flagging by the end of 2019 and has only worsened since then.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    July 20
    CUJ-071620-MEMBERSHIPGROWTH2 (1).jpeg
  • Branding
    Jefferson County FCU rebrands to combat membership misconceptions

    The Louisville, Ky.-based credit union has been open to consumers in nine counties across two states since 2004, but the new name is intended to prevent confusion about who is eligible to join.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 17
    Heather Walter, CEO of Advanz Credit Union
  • Succession planning
    Advantis Credit Union finds next CEO close to home

    Jason Werts will take over as the leader of the Clackamas, Ore.-based institution in August. He is currently COO of Unitis Community Credit Union in nearby Portland.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    July 17
  • M&A
    Kinecta to add almost $1B in assets with Xceed merger

    Combining the two Southern California-based institutions will create the state's eighth-largest credit union. The deal is also a homecoming of sorts of Xceed CEO Teresa Freeborn, who was previously an executive at Kinecta.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    July 17
  • Consolidations
    Members shoot down another credit union merger

    A merger proposal at Partners Financial Federal Credit Union was rejected in a member vote. The failure has revealed tensions between management and the board.

    By Melissa Angell
    Reporter
    July 17
  • Branch deals
    Sharonview Federal Credit Union to buy two bank branches

    The South Carolina-based credit union will buy two locations from Arkansas-based Bank OZK as it moves to exit the Palmetto State.

    John Reosti Author Image
    By John Reosti
    Reporter
    July 16
    p1a1v2b8mbbdk7nc1nfq32rrhba.jpg
  • Court cases
    Truist, Truliant Federal Credit Union settle trademark suit

    The case stemmed from the credit union's claims that the bank's branding would create confusion among consumers.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 16
    Truist logo
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