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Market Intelligence:
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  • Payments
    Durbin Has Meant Estimated Loss of $5.6 Billion

    LAKE BLUFF, Ill. – Since the Durbin Amendment rules went into effect last October, banks, thrifts and credit unions with greater than $10 billion in assets will have lost an estimated $5.6 billion in debit card interchange revenue through the end of 2012, according to Moebs $ervices.

    December 19
  • CUJ content
    Nevada CUs Will Return To Region V

    ALEXANDRIA, Va.-Citing efficiency improvements and a need to rebalance the agency's workload, NCUA is returning supervision of Nevada's 12 federally insured credit unions to NCUA's Region V office from Region I, beginning Jan. 1.

    December 19
  • CUJ content
    NCUA Rejects CPFCU Appeal

    OAK HARBOR, Ohio-NCUA has rejected Commodore Perry FCU's appeal to the agency's Supervisory Review Committee.

    December 19
  • CUJ content
    50 Military Families Connect Via Operation Best Wishes

    RANCHO CUCAMONGA, Calif. – Some 50 military families were able to connect with loved ones stationed overseas as part of Operation Best Wishes, which is sponsored by the Defense CU Council.

    December 18
  • Payments
    TMG: Gift Card Sales Up 119% During Holidays

    DES MOINES, Iowa – Sales of gift cards this holiday season are up 119%, according to The Members Group.

    December 18
  • CUJ content
    Man Gets Surprise When Robbing Branch

    OROVILLE, Calif. – A man who allegedly tried to rob a branch of Sierra Central Credit Union here got a surprise: an off-duty police officer was conducting a transaction in the branch at the same time.

    December 18
  • CUJ content
    McCormick To Retire After 40 Years

    AMARILLO, Texas – After more than 40 years in credit unions, Terry McCormick, CEO of Texas Plains FCU here, said he will retire in January.

    December 18
  • Technology
    Mobile Banking Expected To Triple

    BOSTON – A new report from the Aite Group indicates mobile banking users will triple between 2012 and 2016, and that smart phones and tablets will each serve different banking functions as mobile expands.

    December 18
  • Performance reports
    CU Cooperative Branching Pays Dividend

    HARAHAN, La. – CU Cooperative Branching, Louisiana’s shared branching CUSO, has approved a 4% dividend payable to eligible shareholders as of Jan. 1, 2013.

    December 18
  • Lending
    …But Originations Will Decline 15%

    WASHINGTON – Economists with Freddie Mac are projecting that single-family originations will decline 15% next year.

    December 18
  • Lending
    Forecast: Home Sales To Increase 22% In 2013...

    WASHINGTON – The National Association of Home Builders has released a forecast indicating it expects new home sales will increase 22% in 2013 to 447,000, following a 20% increase in 2012.

    December 18
  • CUJ content
    NCUA Issues Reminder On Program’s Expiration

    ALEXANDRIA, Va. – NCUA is reminding credit unions that effective Dec. 31, the Temporary Corporate Credit Union Share Guarantee program will expire. On the same date, the temporary unlimited Share Insurance Fund coverage for noninterest-bearing transactions accounts also will expire.

    December 18
  • Payments
    Overdraft Revenue Continues To Creep Up

    LAKE BLUFF, Ill. – Further evidence that overdraft income is coming back for financial institutions: overdraft revenue crept up in the third quarter of 2012 according to Moebs $ervices.

    December 18
  • CUJ content
    Connecticut League Begins Collecting Funds In Wake of Tragic Shootings

    Credit unions are standing by, and collecting money, to help the families and town of Newtown recover from the tragic shootings that took place in this small New England community. But it may be a while before it's time to actually step in and offer assistance.

    December 18
  • Growth strategies
    TV Ads Target Hispanic Market In Massachusetts

    SPRINGFIELD, Mass. – Freedom Credit Union here has launchd its first marketing campaign aimed at the Latino community in Western Massachusetts.

    December 17
  • Growth strategies
    New TV Spots Debut In Pennsylvania

    HARRISBURG, Penn. – A new series of TV commercials that let consumers know credit unions are in the lending business, are friendly and have great rates are out now in this state courtesy of the Pennsylvania CU Association’s successful iBelong image campaign.

    December 17
  • Growth strategies
    Gulf Winds FCU SCORES With Merger

    PENSACOLA, Fla. – Gulf Winds FCU is absorbing via merger 5,500-member SCORE Federal Credit Union in Tallahassee, Fla.

    December 17
  • Growth strategies
    Tulsa Teachers CU Now Officially ‘TTCU The Credit Union’

    TULSA, Okla. – The $1.2-billion Tulsa Teachers Credit Union has officially changed its name to “TTCU The Credit Union,” a trade name it has unofficially been using for several years.

    December 17
  • Payments
    Marketing, Incentives Drive 201% Spending Increase

    RANCHO CUCAMONGA, Calif. and FRANKLIN, Mass. –Well-targeted marketing and incentives are being credited for driving a 201% increase in average monthly spending among credit union members in a “Season of Giving” promotion from CO-OP Financial Services.

    December 17
  • CUJ content
    NCUA Liquidates 13th FICU of 2012

    ALEXANDRIA, Va. – NCUA yesterday liquidated Olean Tile Employees FCU of Olean, N.Y. after determining the credit union was insolvent and had no prospect for restoring viable operations.

    December 17
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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.
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© 2026 Arizent. All rights reserved.