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Market Intelligence:
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Industry Data
  • Racial bias
    Week ahead: Credit unions wrestle with fallout from protests, pandemic

    Industry figures have begun to speak out in support of demonstrations in the wake of the deaths of George Floyd and other African Americans, and new data is expected to show how the coronavirus impacted balance sheets.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 8
    Capitol Hill, Washington D.C.
  • Equifax
    Equifax settles CUNA lawsuit over data breach for $5.5M

    The Credit Union National Association filed the class action suit in 2017 after roughly 147 million people had personal information exposed through a hack of the credit reporting agency.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 8
    gavel-fotolia.jpg
  • Workplace safety and security
    In stark reversal, masks now encouraged in branches due to coronavirus

    Prior to the outbreak, members were banned from covering their faces inside branches for security reasons. Now institutions must devise ways to keep everyone healthy and safe.

    By Melissa Angell
    Reporter
    June 8
    CUJ-060520-BANKROBBERIES (2).jpeg
  • CARES Act
    States try to help borrowers left out of federal forbearance plans

    One criticism of the CARES Act is that it provides relief only to borrowers with government-backed loans. Bills in New York and California would cover the remaining 30% of homeowners.

    berry-kate126x126.jpg
    By Kate Berry
    Reporter
    June 5
  • Career advancement
    Arizona's AERO Federal Credit Union names new CEO

    Michael Moyes has been appointed to replace retiring chief executive Preston Sanders.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 5
    p19d5r635m1md119msn6kjrejme6.jpg
  • Field of membership
    Small Montana credit union more than triples potential membership pool

    Butte Community Federal Credit Union, which previously served just one county, added five more after getting regulatory approval.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 5
    p19es0pab3v1517u519mc1pg91ghec.jpg
  • Racial bias
    CUNA board sets August deadline to take action against systemic racism

    The Credit Union National Association has been directed to work with the entire industry to find ways to address discrimination experienced by African Americans.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 5
    CUNA President and CEO Jim Nussle
  • Employee engagement
    'Life-or-death decisions': Leadership in the age of coronavirus

    Credit union executives have led teams through past crises, but the pandemic has created new economic stresses and mental strain that CEOs must address.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 5
    CUJ-060320-MEMBERFEELINGS (1).jpeg
  • Mortgages
    Redstone Federal Credit Union buys real estate agency

    A unit of the Huntsville, Ala.-based institution has acquired Ben Porter Realty and rebranded the company as Redstone Family Realty.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 4
  • Coronavirus
    DCUC cancels 2020 conference as industry events move online

    The Defense Credit Union Council's annual event is the latest to be scuttled due to the coronavirus as state and national groups make conferences virtual.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 4
    Anthony Hernandez, president and CEO of the Defense Credit Union Council
  • Professional development
    Maurice Smith named chairman of National Cooperative Bank

    The longtime CEO of Local Government Credit Union previously served as chairman of the Credit Union National Association.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 4
    Maurice Smith, CEO of Local Government Credit Union and incoming chairman of the National Cooperative Bank
  • Racial bias
    Do credit unions have a role in social justice protests?

    The demonstrations following George Floyd's death in police custody are forcing the industry to grapple with how it can — or if it should —advocate for equality and better race relations.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 4
  • Election 2020
    More credit union-supported candidates secure party nominations

    In one of Tuesday's more high-profile primaries, Rep. Kweisi Mfume won the Democratic primary to fill the seat once held by the late Elijah Cummings.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 3
    Picture of a hand dropping a ballot into a voting box. A blue curtain is in the backdrop out of focus.
  • Growth strategies
    Robins Financial Credit Union reaches new asset milestone

    The Warner Robins, Ga.-based institution, which switched to a state charter in 2016, has passed $3 billion in assets.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 3
  • Racial bias
    Credit unions grapple with security questions as protests roil nation

    Financial institutions are trying to determine how to best protect branches as some demonstrations following George Floyd's death turn violent.

    By Melissa Angell
    Reporter
    June 3
  • Racial bias
    NCUA's Hood: Industry must take up 'difficult conversations' on race

    Rodney Hood, the first African American to lead a banking agency, said in a deeply personal statement that he was "familiar with the anger and frustration that comes with the everyday challenges and realities surrounding race."

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 2
  • Career moves
    Kirtland Federal Credit Union CEO to retire at end of 2020

    Tom Shoemaker initially took the helm in 2017 on an interim basis after the Albuquerque, N.M.-based credit union called off a merger.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 2
  • Auto lending
    Indirect auto lending could struggle to rebound from coronavirus

    Loan volumes were already slowing before the pandemic. New restrictions and changes in consumer behavior are likely to make growth in this portfolio even harder.

    By Melissa Angell
    Reporter
    June 2
  • Career moves
    Tampa-area credit union's new CEO brings a quarter-century of experience

    Patricia Sarne was named CEO of San Antonio Citizens Federal Credit Union after former chief executive Tim Baldwin retired.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 1
  • Financial crimes
    NCUA bans 3 for embezzlement, theft

    A trio of former credit union employees received lifetime bans from the financial services industry, including one who was accused of stealing almost $15,000.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    June 1
    ncua 2
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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.