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Market Intelligence:
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  • Growth strategies
    American Airlines FCU Launches Priority Checking For Gen Yers

    FORT WORTH< Texas – American Airlines FCU rolled out a priority checking account designed to appeal to ages 13-25 that rewards members for greater use.

    December 10
  • Growth strategies
    Charter Oak FCU Pays Out $330,000 In Gold Rewards

    GROTON Conn. – Charter Oak FCU paid each of its 3,300 Gold Rewards members a $100 cash bonus, a total of $330,000, the biggest payout in the three-year history of the rewards program.

    December 10
  • Technology
    CU Pioneer Daryl Tanner Retires From Share One CUSO

    MEMPHIS, Tenn. – Share One, the CUSO that provides the NewSolutions core processing system to dozens of small credit unions, said this afternoon that Daryl Tanner is retiring as its CEO.

    December 10
  • Performance reports
    Wright-Patt CU Pays Out Record Dividend

    FAIRBORN, Ohio – Wright-Patt CU, on pace for its best year ever, announced this afternoon it is paying members a $6 million Special Patronage Dividend Jan. 3, its biggest member payout yet.

    December 10
  • Performance reports
    CEFCU In Record Member Payout

    PEORIA, Ill. – CEFCU announced this morning it is paying its members a record $9 million holiday dividend.

    December 10
  • CUJ content
    People

    Beach Municipal FCU, Virginia, Beach, Va., named new board members William Meador (vice chair) and Charity Stone. Nianza Wallace II (chair), Robert Hall (treasurer), Lois Ritger (secretary), Kitty Hill and Joelle Talbot are returning directors.

    December 10
  • CUJ content
    Aiming To Target Youth, Listerhill CU Goes Old School

    Looking to spice up its youth outreach, Listerhill CU here has launched a new monthly magazine-a medium "so old that it's cool again."

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 10
  • Performance reports
    Two Analyses Show Changes in Consumer Spending Around Thanksgiving

    CU members who started shopping this holiday season recorded roughly the same buying activity on Black Friday in 2012 as they did in 2011, but dramatically increased their transaction and spending levels on Thanksgiving Day 2012 vs. 2011.

    December 10
  • CUJ content
    FAIRWINDS Wins Contract

    ORLANDO, Fla.-The University of Central Florida has dumped Atlanta's SunTrust Bank as its official campus bank and is replacing it with locally based FAIRWINDS CU.

    December 10
  • CUJ content
    Worth Noting

    More Mergers Announced

    December 10
  • Lending
    Auto Collateral May Require Deeper Look Under Hood

    In the wake of Hurricane Sandy, lenders, particularly those in the Northeast, are being cautioned to pay closer attention to the condition of auto loan collateral, especially in looking for signs of flood damage.

    By Ray Birch
    December 10
  • Lending
    Auto Sales Surge In Wake Of Superstorm Sandy

    Customers who walk into the Millennium Honda showroom these days take a number, just like shopping in a bakery. Contrary to the typical scenario in which a salesman meets someone as soon as they step on the lot, the wait for service can sometimes be hours for a sales consultant.

    By Ray Birch
    December 10
  • Lending
    Lenders Map Strategies To Deal With Auto Loan Surge

    Amid the tragedy that surrounds so many lives and businesses in the Northeast, Hurricane Sandy will have some positive effects on the economy.

    By Ray Birch
    December 10
  • CUJ content
    ON DEADLINE

    Non-Interest Income Hits

    December 10
  • CUJ content
    VP of 'Unbanking' Begins Her 1-Year Term

    Connex CU has appointed a new VP with a one-year term-Quinnipiac University student Lauren Dufour is set to serve as the credit union's third VP of Unbanking.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 10
  • Technology
    Lenders Seek To Move From 'Likes' To Loans Via Facebook

    Lots of financial institutions use social media as a marketing and consumer service tool, but few have figured out how to actually make money from it. Now some credit unions think they may have found an answer.

    December 10
  • Growth strategies
    How To Turn A One-Day Into A Year-Long Benefit

    ElecTel Cooperative FCU has booked more than $1.7 million this year as part of one-day-only loan promotions, including $74,000 in a "Green Wednesday" promo the day before Thanksgiving.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 10
  • Growth strategies
    Why Hispanic Market Still Represents Huge Opportunity

    The size and growth of the Hispanic market in the U.S. is no secret. Less well-known is how credit unions can better penetrate it.

    By Michael Bartlett
    December 10
  • Lending
    How BluCurrent CU Is Making 0% APR Holiday Loan Pay Off

    BluCurrent CU is offering a 0% APR loan for the holidays and booked nearly $140,000 in its first seven days as a result.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 10
  • CUJ content
    International Year Of Cooperatives Promotes Cooperation

    The United Nations' International Year of Cooperatives (IYC) officially hit the one-year mark on Oct. 31. The hope now is the IYC laid at least some groundwork for future collaboration among cooperative sectors.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 10
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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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