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  • CUJ content
    Online Resources Trims Third Quarter Losses

    CHANTILLY, Va. – Online Resources Corp. reported a $200,000 loss for its fiscal third quarter, down from a $1.7 million loss for the third quarter last year, as revenue grew 8% to $41.3 million for the quarter.

    November 8
  • CUJ content
    Car Dealer Convicted In CU Loan Fraud

    OKLAHOMA CITY, Okla. – Used car dealer John Langley on Wednesday pleaded guilty to making a false statement to a federally insured credit union, Municipal Employees CU, in a scheme to help him finance his vehicle inventory.

    November 8
  • CUJ content
    Cy-Fair FCU Chooses New CEO

    HOUSTON – Cy-Fair FCU has named Cameron Dickey, an executive at Stewart Title and former credit union executive, the new president and CEO of the $180-million credit union.

    November 8
  • CUJ content
    Veteran CU Exec To Head Prince George’s Community FCU

    BOWIE, Md. – Prince George’s Community FCU yesterday said it hired Robert Schroeder, a veteran at several area credit unions, to be president and CEO at the $130-million credit union.

    November 8
  • Branch network
    Spokane Teachers CU Adds Two Branches

    SPOKANE, Wash. – Spokane Teachers CU opened a new branch in Moran Prairie and has acquired land for an additional branch downtown.

    November 8
  • Lending
    Mortgage Rates Hold Near Record Lows

    WASHINGTON – Mortgage rates remained flat in the latest week, holding near all-time lows, according to Freddie Mac.

    November 8
  • CUJ content
    Teller Stole $21,000 From Casino CU Branch For Gambling

    NEW LONDON, Conn. – A 62-year-old teller at a Connecticut Community CU branch inside the Foxwoods Resort Casino confessed she stole $21,000 by replacing $100 bills with $1 bills, then gambled away the stolen money.

    November 8
  • CUJ content
    Bethpage FCU Reaches Beyond Membership In Hurricane Relief Effort

    BETHPAGE, N.Y. – In what is probably the biggest initiative of its kind by a credit union, Bethpage FCU is deferring loan payments, cutting rates and offering the same benefits to members and non-members alike as a part of a comprehensive relief program for one of Hurricane Sandy’s hardest-hit areas.

    November 8
  • CUJ content
    United Nations FCU Names New CEO

    LONG ISLAND CITY, N.Y. – United Nations FCU said this morning that William Predmore, its chief operating officer, has been promoted to be president and CEO of the $3.7 billion credit union.

    November 8
  • CUJ content
    Bay State’s IC FCU Announces CEO Retirement

    FITCHBURG, Mass. – IC FCU said this morning that Anthony Cali, its president and CEO since 2008, is retiring next April from the $470 million credit union.

    November 8
  • CUJ content
    Employee Charged In $500,000 CU Embezzlement

    LUBBOCK, Texas – A former employee at West Tex FCU on Tuesday was indicted for the theft of as much as $500,000 from the credit union.

    November 7
  • CUJ content
    Davis + Henderson Reports Third Quarter Profit

    TORONTO – Davis + Henderson Corp. reported a 30% increase in third quarter earnings to $19.1 million based on last year’s acquisition of Mortgagebot and this year’s deal for Avista Solutions.

    November 7
  • CUJ content
    Losses Mount At Mitek Amid USAA Patent Fight

    SAN DIEGO – Mitek Systems, a pioneer in mobile remote deposit capture, yesterday said losses widened for its fourth quarter and fiscal year and revenue plunged after the departure of its biggest customer, USAA, earlier this year.

    November 7
  • Lending
    CUNA Mutual Group Names Excellence In Lending Winners

    MIAMI – CUNA Mutual Group announced winners of its annual Excellence in Lending Awards during this week’s 2012 CUNA Lending Council Conference.

    November 7
  • CUJ content
    Fannie Mae Also Reports Another Profit

    WASHINGTON – Fannie Mae earned $1.8 billion from July through September, helped by an improving housing market that has lifted home prices, its third straight quarterly profit.

    November 7
  • Branch network
    Wichita FCU Plans 10,000-Square-Foot Branch

    WICHITA, Kan. – Wichita FCU on Saturday will break ground on a 10,000-square-foot facility in East Wichita that will be its main branch.

    November 7
  • Payments
    Indiana Members CU Introduces Credit Card Rewards

    INDIANAPOLIS – Indiana Members CU is now offering a credit card rewards program that allows members to earn points through qualifying credit card purchases to redeem as travel awards and merchandise rewards.

    November 7
  • Technology
    Orange County’s CU Implements IMM’s Document Exchange

    SANTA ANA, Calif. – Orange County’s CU has installed Integrated Media Management’s Document Exchange, a hosted experience for cloud-based document delivery and electronic signature services.

    November 7
  • CUJ content
    Hurricane Sandy CUAid Tops $100,000

    MADISON, Wis. – The National CU Foundation yesterday said it has raised more than $100,000 in financial assistance in less than a week for credit union employees and members affected by Hurricane Sandy.

    November 7
  • CUJ content
    Allegacy FCU Exec Wins $20,000 Award From CUES For 'Member Mapping'

    MANALAPAN, Fla. – Credit Union Executives Society on Wednesday said Ashley Kohlrus, chief experience officer for Allegacy FCU, won $20,000 when she was named the 2012 CUES Next Top Credit Union Exec.

    November 7
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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.

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