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Market Intelligence:
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  • CUJ content
    Low-Income CU List Hits 1,874

    ALEXANDRIA, Va.-Two months after NCUA informed 1,003 federal credit unions of their eligibility to become a low-income credit union (LICU), 676 federal credit unions have accepted, bringing the total list of LICUs to 1,874, the agency said.

    October 18
  • Technology
    Tech CU Conversion Opponent Passes Away

    SAN JOSE, Calif.-Robert Marinace, who successfully helped lead the charge against Technology CU's proposed conversion to a bank charter died Oct. 14. He was 84.

    October 18
  • CUJ content
    CU Card Center Partners With AnyHour Solutions

    INDIANAPOLIS – Servicecorp, a subsidiary of the Indiana CU League, said its Credit Union Card Center (CUCC) is now offering 24/7 call center support for credit union clients every day of the year except Thanksgiving, Christmas and New Year’s Day.

    October 17
  • CUJ content
    ‘Run-N-Gun Bandits’ Hit Two Branches

    PHOENIX – Two robbers dubbed the “Run-N-Gun Bandits” are suspected of hitting two branches of Desert Schools FCU here.

    October 17
  • CUJ content
    LUA Issued To Massachusetts’ LMECU

    ALEXANDRIA, Va. – NCUA and the Massachusetts Division of Banks have entered into a Letter of Understanding and Agreement (LUA) with $2.1-million Lynn Municipal Employees Credit Union, requiring it to take steps to correct unsafe and unsound practices.

    October 17
  • CUJ content
    Educators CU Joins Energy Initiative

    RACINE, Wis. – Educators Credit Union here has joined a local initiative aimed at spurring energy savings projects by small business.

    October 17
  • CUJ content
    LSCU, CUES, Michigan League Planning 2013 Meeting

    BIRMINGHAM, Ala./TALLAHASSEE, Fla. – The League of Southeastern Credit Unions, CUES, and the Michigan CU League said they will partner in 2013 to help increase CU collaboration.

    October 17
  • Performance reports
    One Nevada CU Posts Numbers In The Black

    LAS VEGAS – One Nevada Credit Union continues to show a robust turnaround.

    October 17
  • CUJ content
    Wells Fargo Leading Deposit-Taking Institution

    CHARLOTTESVILLE, Va. – A new study from SNL Financial has found Wells Fargo continues to lead deposit-taking institutions in the U.S., thanks in large part to its acquisition of Wachovia in 2008.

    October 17
  • Compliance
    ‘Qualified Mortgage’ Compromise Unlikely To Find Fans

    WASHINGTON – Although the Consumer Financial Protection Bureau appears close to a compromise over key mortgage underwriting rules, the agency’s attempts to appease both banks and consumer groups could backfire, according to several analysts.

    October 17
  • CUJ content
    Gesa CU To Pay $1 Million Toward Carousel Restoration

    RICHLAND, Wash. – Gesa CU is paying $1 million to help rebuild a historic carousel here and in return will receive the naming rights for the merry-go-round for the next 12 years.

    October 17
  • CUJ content
    California Merger Spotlighted At CUNA OpSS Council Conference

    LAS VEGAS – The best practice employed during a 2010 merger of $177.4-million Metro 1 CU into $1.6-billion Travis CU, Vacaville, Calif., was “communication, communication, communication.”

    October 17
  • CUJ content
    NAFCU: Membership Growth Continues Past BTD

    WASHINGTON – Credit unions continue to experience substantial membership growth, as well as an improved retention rate, in the wake of the November 2011 Bank Transfer Day, according to a new survey by the National Association of Federal Credit Unions.

    October 17
  • CUJ content
    International Credit Union Day Being Marked Today

    MADISON, Wis. – Today marks International Credit Union Day around the globe, part of International Credit Union Week this week.

    October 17
  • CUJ content
    CUNA Mutual To Launch ‘Ambitious’ Consumer Campaign

    MADISON, Wis. – CUNA Mutual Group has launched what it is calling an “ambitious” direct-to-consumer campaign aimed at raising awareness of the consumer brand “TruStage.”

    October 17
  • CUJ content
    CO-OP, SHAZAM Reach ATM Sharing Agreement

    RANCHO CUCAMONGA, Calif.- CO-OP Financial Services this morning said it has reached an agreement with the SHAZAM Network to allow members of participating credit unions to access surcharge-free and shared deposit ATMs nationwide.

    October 17
  • Payments
    Big Card Issuers See Increase In Delinquencies

    BIRMINGHAM, Ala. – Credit card delinquencies for five major credit card issuers increased in September, according to LowCards.com.

    October 16
  • Growth strategies
    BCU Teams With Ameritrade

    VERNON HILLS, Ill. – BCU here has teamed up with TD Ameritrade to provide self-directed online investing services at special preferred rates to members who “feel comfortable with, and want to make their own investment decisions,” according to the credit union.

    October 16
  • Growth strategies
    Kansas CUs Giving Away Gift Cards, Filling Gas Tanks

    WICHITA, Kan. – Nine Kansas credit unions gave away gift cards or free gas to unsuspecting consumers as part of the Kansas CU Association’s first statewide “Make A Difference Day” event in tandem with International Credit Union Week.

    October 16
  • Compliance
    Ohio Regulator To Hold One-Day Educational Event

    COLUMBUS, Ohio – To give Ohio state chartered CUs an opportunity to interact with regulators, the Ohio Department of Commerce Division of Financial Institutions is holding its first Credit Union Day on Oct. 30.

    October 16
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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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