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Market Intelligence:
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  • Down Under View of U.S. Elections

    Australia's Louise Petschler happened to be in the U.S. during the recent elections as part of a presentation to a group of credit unions. That experience was quite interesting, she said, sharing a couple of contrasts to how voting in Australia differs from voting in the United States.

    December 17
  • One Country's View On What 'Credit Union' Means

    Imagine this actually happening here. The country's largest savings banks and largest credit unions come together and agree to henceforth be known as "mutual banks." Both swear off ever using those two-word identifiers-savings bank and credit union-ever again. They even sign on with the same trade group.

    December 17
  • MSUFCU's 'StartUP' Challenge Shows Support of CU Mission

    The motto of the Michigan State University Federal Credit Union (MSUFCU) is" Building Dreams Together" and their actions clearly show that they are true to the words they speak.

    December 17
  • NCUA Budget Shows Agency In Need Of A Complete Overhaul

    I have to agree with Mr. Moriarity's letter to the editor in the Dec, 3rd issue of Credit Union Journal and after reading Mr. Diekmann's article entitled "NCUA Posts More Info About Budget On Site" it just seals the deal.

    December 17
  • Fraud
    Court Insulates NCUA From ‘Millionaire U’ Fraud

    FORT MYERS, Fla. – A state appeals court Friday upheld a lower court ruling and cleared the way for NCUA to foreclose on home loans made by Michigan’s Huron River Area CU as part of the “Millionaire University” get-rich scheme.

    December 17
  • Fraud
    Teller Confesses To $74,000 Theft From Elderly Members

    PHILLIPSBURG, N.J. – A teller at Baker FCU pleaded guilty last week to theft and forgery charges for stealing almost $74,000 from elderly members.

    December 16
  • Technology
    Central Star CU Opts For Andera’s oFlows Account Opening Solution

    WICHITA, Kan. – Central Star CU has chosen Andera to provide it with the company’s oFlows online account opening and loan applications.

    December 16
  • Technology
    Fort McClellan CU Adds Geezeo

    ANNISTON, Ala. – Fort McClellan CU has signed with Geezeo to deploy the company’s personal financial management product.

    December 16
  • Fraud
    Businessman Gets One Day In Prison For St. Paul Croatian FCU Fraud

    CLEVELAND – A former county commissioner and business partner of local financier A. Eddy Zai was sentenced last week to five years of supervised release and one day in prison for his part in the huge fraud case that led to the 2010 collapse of St. Paul Croatian FCU.

    December 16
  • Growth strategies
    Amplify CU Provides Home Makeover To Needy Family

    AUSTIN, Texas -- Amplify CU will give a home makeover on Wednesday and Thursday to a needy local family, the Yancy/Cousins family in nearby Round Rock.

    December 16
  • Performance reports
    Guardian CU Rewards Members With $800,000 Bonus

    MONTGOMERY, Ala. -- Guardian CU paid members more than $800,000 last week in the form of interest rebates and dividend bonuses, as it heads towards one of its best years ever.

    December 16
  • CUJ content
    Bystanders Collar CU Robber

    FLAGSTAFF, Ariz. -- Two men chased down, tackled and detained a man suspected of robbing the Arizona Central CU branch just before 5 p.m. Friday.

    December 16
  • Corporate credit unions
    Investment Bank Credit Suisse Says Failed Corporates Ignored ‘Storm Warnings’

    WICHITA, Kan. – Credit Suisse Securities said Friday in a motion to dismiss a civil suit brought by NCUA that the failed corporate credit unions it sold mortgage-backed securities to continued to buy risky MBS in order to boost investment returns even after they were repeatedly warned by NCUA of their strategies.

    December 16
  • Technology
    CU-Backed Payments Provider Launches Pay-By-Twitter

    DES MOINES -- Online person-to-person payments service Dwolla has introduced a simple method to send money to others on Twitter, requiring only their username, the dollar amount, and the hashtag #dwolla.

    December 16
  • CUJ content
    Tax Fight Looms In Next Congress

    WASHINGTON – As the fight over taxes and tax reform carries into the next Congress, credit union lobbyists are broadly expecting the credit union tax exemption to be part of the debate.

    December 16
  • CUJ content
    Community Photos: Dec. 17, 2012

    Featuring credit unions' efforts in their communities.

    December 14
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  • Growth strategies
    BECU Gives Away Money To Promote Mobile Check Deposit

    TUKWILA, Wash. – BECU is giving away $5 checks outside its new storefront ATM at The Landing in Renton and at three other locations on this final payday before Christmas to promote its new mobile check deposit service.

    December 14
  • Performance reports
    Scott CU Pays Members $1.2 Million Holiday Bonus

    EDWARDSVILLE, Ill. – Scott CU, having its biggest year ever, paid members a $1.2 million bonus dividend and loan interest rate rebate.

    December 14
  • CUJ content
    High School Student Charged In CU Hold-Up

    KNIGHTDALE, N.C. -- A 17-year-old high school student was arrested yesterday afternoon and charged with robbery with a dangerous weapon in connection with a late-morning hold-up of a State Employees CU.

    December 14
  • CUJ content
    ‘Bonnie And Clyde’ Couple Arrested In CU Heist

    DIAMONDHEAD, Miss. – A husband and wife were arrested yesterday and charged with last week’s armed robbery at Keesler FCU here when $3,000 was stolen.

    December 13
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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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