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  • CUJ content
    More Troubled CUs Merged Out

    ALEXANDRIA, Va. – NCUA said it approved mergers of several more troubled credit unions, including AgFirst FCU, Safeway Los Angeles FCU, Washington Postal Employees FCU, State Center CU and Fort Worth Telco CU.

    January 2
  • Performance reports
    DFCU Financial Members Get Record $21 Million Payout

    DEARBORN, Mich. – More than 100,000 members of DFCU Financial will get a big bonus tomorrow, the credit union’s annual Special Patronage Dividend—this year a record $21 million.

    January 2
  • Compliance
    NCUA Ends Pilot Allowing Short Sales Of Treasuries

    ALEXANDRIA, Va. – The NCUA Board said it has terminated four pilot programs that allowed individual credit unions to engage in the short sale of U.S. Treasuries.

    January 2
  • Performance reports
    Eyes Of Texas Are On No-Interest Muslim CU Bid

    AUSTIN, Texas – A group of Houston, Dallas and Austin-area Muslims has applied to state regulators to charter the first credit union that would be operated under Muslim law, that is a credit union that would be barred from charging interest on loans.

    January 2
  • CUJ content
    Former Airline Exec To Pilot Delta Community CU

    ATLANTA – Delta Community CU said this morning that Hank Halter, a current credit union director and former chief financial officer at its main sponsor, Delta Air Lines, will pilot the $4.3 billion credit union while it searches for a permanent successor to Rick Foley.

    January 2
  • Technology
    121 Financial CU To Install Bloxx Solution

    JACKSONVILLE, Fla. – 121 Financial Credit Union said it is moving to a next-generation Web filtering solution from Bloxx, to more effectively manage the Web browsing activity of its staff in 10 locations.

    January 1
  • Lending
    Mortgage Purchases By Fannie Mae Jump 25%

    WASHINGTON – Purchases of mortgage loans by Fannie Mae jumped 25% in the month of November to the highest level since the refinancing boom of 2009, when the Federal Reserve first started purchasing agency MBS.

    January 1
  • CUJ content
    SFFCU Member Wins Gas For All of 2013

    SAN FRANCISCO – For one member of San Francisco FCU here 2013 holds a little something special: free gas.

    January 1
  • CUJ content
    Member Will Start Year With $25,000 Surprise

    DALLAS – 2013 will become a lucky year for one member of Neighborhood Credit Union today, when it will award $25,000 as a prize for demonstrating good savings habits – although the member won’t know about it until tomorrow.

    January 1
  • Performance reports
    Filer CU Pays Year-End Rebate, Bonus

    MANISTEE, Mich. – Members of Filer Credit Union are starting their new year with a little something extra.

    January 1
  • CUJ content
    CEO: NCUA Lawsuit Won’t Affect CUSO

    OVERLAND PARK, Kan. – The lawsuit filed by NCUA against the former CEO of Texans Credit Union, David Addison, will have no bearing on a recent business deal the former CEO is involved with regarding the purchase of CNBS LLC, an Overland Park-based credit union investment CUSO, according to Brian Hague, the CUSO’s president and CEO.

    January 1
  • Payments
    FTC Report Sees Little Damage From Interchange Caps

    WASHINGTON – The Federal Trade Commission (FTC) on Friday issued a report that concluded small issuers of debit cards, including credit unions, have been largely unaffected by new rules that have limited interchange.

    January 1
  • Lending
    South Carolina CU Recognized For Lowest Mortgage Rate

    SPARTANBURG, S.C. – Spartanburg Regional FCU led the nation with the lowest average rate on a 30-year mortgage, 2.50%, in the newest analysis released by SNL Research, Charlottesville, Va.

    January 1
  • CUJ content
    Chetco FCU Liquidates; Two CUs Pick Up Pieces

    HARBOR, Ore. – NCUA liquidated Chetco FCU on Friday night and assigned the remnants of the one-time $375-million credit union, the year’s 21st failure, to two West Coast credit unions in an unprecedented purchase and assumption agreement.

    December 30
  • CUJ content
    10 Members Win Shredders In Promotion

    ABERDEEN, Md. – Credit unions across the country have held “shred days,” but APG FCU here has given away 10 personal shredders to members as part of its “Shred It & Forget It” sweepstakes.

    December 30
  • CUJ content
    Community Banks Grab Branches In BofA Sale

    CHARLOTTE, N.C. – A number of small banks are feasting on branches being sold by Bank of America.

    December 30
  • Corporate credit unions
    CenCorp Expecting Q1 Vote On Merger

    SOUTHFIELD, Mich. – Cencorp said it is expecting the NCUA board to vote during Q1 on its merger with Alloya Corporate.

    December 30
  • CUJ content
    Penn. CEOs Worry Over Unemployment, Recovery

    HARRISBURG, Penn. – Pennsylvania’s credit union leaders are listing unemployment and lost wages, economic recovery, and the possibility of another recession/depression as their top three concerns for 2013.

    December 30
  • Performance reports
    K.C. Police CU Pays First Ever Dividend

    KANSAS CITY – K.C. Police Credit Union will pay the first dividend in its 78-year history on Dec. 31.

    December 30
  • Lending
    One-In-Four Dollars In Mortgage Settlement Going To Calif.

    SACRAMENTO, Calif. – A new analysis shows California is taking in approximately 41% of the approximately $20-billion that the five biggest mortgage servicers agreed in February to provide to homeowners in 49 states, in order to settle claims related to alleged abuses of consumers.

    December 30
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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.