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Market Intelligence:
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  • Credit unions
    All In Credit Union to acquire Alabama community bank

    All In Credit Union's acquisition of $115 million-asset SunSouth Bank will push the credit union above the $3 billion asset mark.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    June 1
  • Credit unions
    How credit unions gained some of the deposits banks lost

    U.S. banks lost 2.5% of their deposits during the first quarter while credit unions saw a 2.1% quarterly increase, according to an S&P Global Market Intelligence analysis. Aggressive marketing — and credit unions' relatively untarnished reputations — helped motivate the shift.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    June 1
    Deseret First Credit Union
  • Credit unions
    In Ukraine, credit unions may finally get deposit insurance

    Banks across the country have had deposit guarantees since 1998. By extending this to credit unions, Ukraine can provide economic stability while also improving its chances of joining the European Union.

    By Frank Gargano
    Data Reporter
    May 31
    Ukraine's Capital City on Day Two of Russian Invasion
  • Credit unions
    NCUA furthers proposal to let credit unions donate to veterans' charities

    The National Credit Union Administration is seeking to amend its definition of a "qualified charity" under its framework, which currently excludes those that serve past and present members of the armed forces.

    By Frank Gargano
    Data Reporter
    May 25
    NCUA Chairman Todd Harper
  • Credit unions
    Credit unions, banks still clashing over CRA-like rules in Illinois

    Two years after Illinois became one of several states to pass their own version of the federal Community Reinvestment Act, credit unions and banks continue to fight over whether the law is necessary and how strict the corresponding regulations should be.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 24
    ILLINOIS-STATE-CAPITAL-BUILDING-ADOBE
  • Credit unions
    Fintechs expand AI auto-lending tool for credit unions

    Zest AI and Origence designed a new white-labeled product for institutions that lack the resources to develop a custom platform based on artificial intelligence.

    By Frank Gargano
    Data Reporter
    May 22
    Zest_Origence_Triptych.jpg
  • Credit unions
    United Credit Union giving credit-challenged borrowers a 'second chance'

    Chicago has one of the largest unbanked populations in the country, so United Credit Union rolled out a loan program aimed at those people who would typically use a payday lender.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 18
  • Credit unions
    Unionized employees of CUNA Mutual Group near strike deadline

    Roughly 450 organized staffers of the Madison, Wisconsin-based insurance provider are prepared to head to the picket line — unless mediators can find common ground by Friday.

    By Frank Gargano
    Data Reporter
    May 17
    OPEIU Local 39.jpeg
  • Credit unions
    Small Pittsburgh credit union gets a $1 million boost from a bank

    F.N.B. Corp, the holding company for First National Bank, is making its second investment in the $13 million-asset Hill District Federal Credit Union.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 17
    Richard Witherspoon, CEO, Hill District Federal Credit Union
  • Credit unions
    Launching a credit union? A recession might help.

    Generations United Federal Credit Union's first president and CEO, John Linzey, expects to attract the very customers that banks might turn away if the economy sours.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 12
    John Linzey.jpg
  • Credit unions
    CEO of Westerra Credit Union in Denver resigns

    Jay Champion had been chief executive of the $2.2 billion-asset company since late 2018.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 12
    Jay Champion, president and CEO of Westerra CU
  • Credit unions
    How one Michigan credit union is empowering members fighting debt

    Michigan State University Federal Credit Union is partnering with Debbie, a Miami-based fintech that helps consumers break free of delinquency and correct bad spending habits, to strengthen its financial education tools and build its deposit base.

    By Frank Gargano
    Data Reporter
    May 11
  • Credit unions
    Lawmakers try again to solve CDFI liquidity crunch

    Sens. Mark R. Warner, D-Va., and Mike Crapo, R-Idaho have reintroduced a bill that would deploy roughly $100 million in aid through the Community Development Financial Institution Fund to back pilot programs that would foster secondary markets for loan sales.

    By Frank Gargano
    Data Reporter
    May 9
    CDFI_diptych.jpg
  • Credit unions
    Credit unions, banks battle over poverty bill in North Carolina

    State legislators plan to allow credit unions to serve more people below the poverty line, including those living in banking deserts, but the state's banks say the credit unions could use the legislation to dodge field-of-membership limits.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 8
    sharonview-branch.jpg
  • Credit unions
    How a Hawaiian credit union is supporting diverse entrepreneurs

    Kaua'i Federal Credit Union in Lihue is launching an "economic resiliency center" for members in the Kapa'a community. It hopes to support minority-owned businesses throughout the area by providing access to housing resources and other funding.

    By Frank Gargano
    Data Reporter
    May 3
    KauaiFCU_Staff.jpg
  • Credit unions
    Noble Credit Union in California picks next CEO

    Angelino "Gino" Cayanan, who was most recently CFO for Los Angeles Police Federal Credit Union, will lead the $1.2 billion-asset Noble.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 3
    Angelino “Gino” Cayanan vertical.png
  • Credit unions
    CEO of one of Philadelphia's largest credit unions to retire

    Jeff March, president and CEO of Citadel Credit Union, will retire after nearly 23 years at the helm.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 2
  • Credit unions
    NCUA garners feedback on climate risks facing credit unions

    The National Credit Union Administration is seeking the perspective of credit union leaders in areas vulnerable to natural disasters to gauge the true scope of environmental changes and to inform best practices for managing their impact.

    By Frank Gargano
    Data Reporter
    May 1
    NCUA chairman Todd Harper 2021
  • M&A
    Illinois credit union buying second bank in recent months

    Land of Lincoln Credit Union in Decatur, Illinois, has agreed to acquire Nokomis Savings Bank. In December, the credit union announced a deal to buy Colchester State Bank.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 1
    Road sign welcomes drivers to Illinois, the Land of Lincoln
  • Digital payments
    Top banking news this month: April 2023

    In April's roundup of American Banker's favorite stories: Investigations of PPP fraud ramp up, U.S. Bank responds to concerns regarding capital levels, what happened to the trend of bank purchases and more.

    By Frank Gargano
    Data Reporter
    April 28
    AB0423-Spotlight-CvrArt-Web-Bank.png
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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.