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  • CUJ content
    Local Banker To Head Giant First Tech FCU

    PALO ALTO, Calif. – First Tech FCU, the $6 billion credit union formed by the 2010 merger of First Tech CU and Addison Avenue FCU, has named Gregory Mitchell, CEO of First PacTrust Bancorp, a one-time credit union, as its president and CEO.

    October 23
  • Technology
    Missoula FCU Launches Diebold’s New Video Teller

    MISSOULA, Mont. – Missoula FCU has teamed with CO-OP Financial Services to introduce Diebold’s version of the video teller, an ATM that allows members to communicate directly with a call center rep any time of the day or night.

    October 23
  • Technology
    San Diego County CU Introduces Mobile Chat Banking

    SAN DIEGO – San Diego County CU is the first credit union to offer live mobile chat services for its members using iPhones and Android smartphones, the credit union giant announced this morning.

    October 23
  • Performance reports
    DFCU Financial Announces Record $21 Million Member Payout

    DEARBORN, Mich. – DFCU Financial, Michigan’s largest credit union, said this morning it plans to pay members a $21 million special patronage dividend, the biggest credit union payout ever.

    October 23
  • Technology
    CU Pilot To Dispense Prepaid Visa Cards At ATMs Goes Nationwide

    MESA, Ariz. – Better ATM Services, which has been testing an ATM-dispensed Visa prepaid card program at three local credit unions since January, said this morning it is taking the program nationwide.

    October 23
  • CUJ content
    Long-Time CU Director Passes

    ALIQUIPPA, Penn. – George Treantafellow, a retired employee of LTV Steel who served 45 years on the board of Friendly FCU in Aliquippa, died last week at 86.

    October 22
  • Performance reports
    Profits Jump At NCR

    DULUTH, Ga. – ATM maker NCR Corp. said that its third-quarter net income more than tripled to $58 million, as it benefited from acquisitions and strength across most of its businesses.

    October 22
  • Performance reports
    Sallie Mae Swings To A Profit

    NEWARK, Del. – Student loan giant Sallie Mae reported a third quarter net of $188 million, compared to a loss for the same quarter last year, as it reduced operating expenses and set aside less money to cover bad loans.

    October 22
  • Technology
    ProFinance FCU opts For EPL’s Core Processor

    MERRILLVILLE, Ind. – ProFinance FCU has chosen EPL’s i-POWER as its core data processor.

    October 22
  • Technology
    Unitus CU Adds Vertifi’s DeposZip

    PORTLAND, Ore. – Unitus CU has signed with Vertifi Software LLC to implement the CUSO’s DeposZip mobile remote deposit capture solution.

    October 22
  • Growth strategies
    Elevations CU Doubles FOM

    BOULDER, Colo. – State regulators approved a request from Elevations CU, the state’s fifth largest credit union, to more than double its field of membership by adding 750,000 residents of Adams and Larimer counties.

    October 22
  • Growth strategies
    Neighborhod CU Celebrates International CU Day With $10,000 Savings Awards

    DALLAS – One lucky member of Neighborhood CU hit the lottery on last week’s International CU Day—winning the credit union’s $10,000 quarterly savings prize.

    October 22
  • Growth strategies
    Bridgewater CU Treats Boston Commuters To The ‘T’

    QUINCY, Mass. -- Bridgewater CU’s Community Team surprised more than 550 passengers Friday on Boston’s commuter train, known here as the “T,” with a free ride.

    October 22
  • Compliance
    ATM Vigilante Floods Courts With New Suits

    CLEVELAND – A serial plaintiff in ATM suits targeting credit unions and banks filed a new action last week against Advantage CU, one of 35 suits under the Electronic Funds Transfer Act brought by Don Anderson in just the last month.

    October 22
  • Growth strategies
    ‘Member Friendly’ Fees Eyed By CUs

    MADISON, Wis. – Credit unions would do best to target certain non-essential fees to boost their non-interest income to help maintain member goodwill and add to their bottom lines, a new study issued yesterday by the Filene Research Institute advises.

    October 22
  • CUJ content
    CUNA Helps Finance Senate Durbin Amendment Foe

    BILLINGS, Mont. – CUNA said this morning it has begun a direct mailing campaign touting Democratic Sen. Jon Tester, the leader of the effort to repeal the Durbin Amendment cap on debit fees who is in a close race for reelection with the state’s lone House member, Republican Denny Rehberg.

    October 22
  • Technology
    Visa Launches Remote Deposit Capture

    FOSTER CITY, Calif. – Visa said this morning it has teamed with Chexar Networks to offer a network platform to digitize traditional banking services, including remote deposit capture of checks.

    October 22
  • Cards
    Merchants Blanch At Sweetened Visa/MasterCard Deal

    NEW YORK – The powerful retailers lobby reiterated its opposition to a proposed antitrust settlement with Visa and MasterCard settlement submitted Friday to the federal court, even after minor amendments to the proposal—setting up a potential battle royal in court.

    October 22
  • Growth strategies
    Study Ties Future Profitability To Online Account Opening

    PROVIDENCE, R.I.—Delaying implementation of online account opening could be sacrificing the CU's future profitability, according to a new Andera study.

    October 22
  • CUJ content
    FDIC Seizes Three More Banks

    WASHINGTON—The FDIC has seized three more banks: $200 million Excel Bank in Sedalia, Mo.; the $159-million GulfSouth Private Bank in Destin, Fla.; and the $67 million First East Side Savings Bank in Tamarac, Fla.

    October 22
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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.