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Market Intelligence:
AI
Payments
Research
Industry Data
  • Payments
    Card-not-present transactions surge as consumers stay home

    A report from CO-OP Financial Services showed how credit union members' spending patterns adapted to social distancing during April.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 14
    CUJ 051420 - APRIL PAYMENTS (1).jpeg
  • Small business lending
    Community banks call on Congress to rein in credit union regulator

    The Independent Community Bankers of America would not rule out legal action if Congress doesn't address the National Credit Union Administration's recent decision expanding the low-income designation.

    John Reosti Author Image
    By John Reosti
    Reporter
    May 13
    Rebeca Romero Rainey, president and CEO of the Independent Community Bankers of America
  • Election 2020
    Credit union-backed candidates win in Tuesday elections

    Industry groups also supported Democrat Christy Smith in a special election in California, though it appeared likely she would lose the bid.

    By Melissa Angell
    Reporter
    May 13
    Picture of a hand dropping a ballot into a voting box. A blue curtain is in the backdrop out of focus.
  • Credit unions must step up cybersecurity during coronavirus

    Cybyer criminals have become more aggressive as employees are working from home. Credit unions should take these steps to ensure they block those efforts.

    May 13
    Nabil Hannan
    NetSPI
  • NCUA
    Sherrod Brown accuses NCUA of capitalizing on coronavirus crisis

    The Ohio Democrat's criticism of Rodney Hood, chairman of the National Credit Union Administration, echoed complaints from bankers that the regulator was using the chaos from the pandemic to push through changes.

    By Melissa Angell
    Reporter
    May 12
  • Coronavirus
    Consumers brace for more debt amid coronavirus

    Despite some improvements, almost one-quarter of respondents to a LendEDU survey were still waiting on their relief checks and those consumers are more likely to take on additional credit card debt.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    May 12
    CUJ-51220-LENDEDUSURVEY (2).jpeg
  • M&A
    Coronavirus scuttles major credit union-bank deal

    Suncoast Credit Union and Apollo Bank have called off their plans to merge.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 12
    p19h947e231pce1qt417gc1e39p87g.jpg
  • Charter conversions
    United 1st seeks members' OK to convert to state charter

    The Georgia-based credit union hopes to gain more flexibility to widen its field of membership by switching from a federal charter.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 12
    p19h947e17kfn1pu91qqorsk1aine.jpg
  • M&A
    Small Illinois credit union plans merger into First Financial

    C&NW Proviso, which has no website or online services, will gain a slate of new products and additional locations from the deal.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 12
    Road sign welcomes drivers to Illinois, the Land of Lincoln
  • Payments
    Why Samsung is following Apple, Google into consumer banking

    In announcing its plan to offer a deposit account and debit card in partnership with SoFi, the mobile phone maker suggested that the coronavirus pandemic will accelerate consumers’ adoption of contactless payments.

    By Kevin Wack
    Banking Editor
    May 12
    Samsung is positioning its forthcoming deposit account as part of a money management platform for consumers’ cell phones.
  • Corporate credit unions
    Corporate credit unions give a boost to NCUA's Central Liquidity Facility

    All 11 corporates have signed on as agent members of the CLF, boosting its borrowing authority by $13 billion.

    By Melissa Angell
    Reporter
    May 11
    ncua 2
  • Obituaries
    Dennis Hofts, longtime state league leader, dies at 87

    Hofts spent more than three decades serving the credit union movement across multiple states, including as CEO of the Kansas CU League.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 11
  • Branding
    Heritage Trust rebrands as REV Federal Credit Union

    The Summerville, S.C.-based institution will also close two branches as part of a broader strategic effort to better service members.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    May 11
    Jason Lee, president of REV.jpg
  • Coronavirus
    Week ahead: NCUA's Hood heads to the Hill

    Rodney Hood, chairman of the National Credit Union Administration, will testify before the Senate Banking Committee about how the regulator and the industry have responded to the coronavirus pandemic.

    By Melissa Angell
    Reporter
    May 11
    Capitol Hill, Washington D.C.
  • Five steps to creating credit union cultures that work

    Employees want to work for organizations that focus on a number of areas, such as diversity, flexibility and professional development. Credit unions that don't prioritize this beware.

    May 11
    Ayme Zemke
    Beehive Strategic Communication
  • How loan trading can help credit unions in challenging times

    Institutions need to think about revenue streams and portfolio diversification as the coronavirus affects much of the U.S. economy.

    May 8
    David Hoffer
    Alliant Credit Union
  • M&A
    First Capital FCU scoops up fellow Pa. credit union

    Members of West York Area School District Employees Federal Credit Union approved the merger into First Capital, and the deal is expected to close this summer.

    By Melissa Angell
    Reporter
    May 8
  • Succession planning
    Insider tapped as AmeriCU's next CEO

    Ronald Belle will lead the Rome, N.Y.-based institution after Mark Pfisterer retires.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    May 8
  • M&A
    Tiny credit union for York, Pa., electrical workers merges

    Local 229 IBEW Federal Credit Union, which had less than $2 million in assets, has merged into White Rose Credit Union.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 7
    p19h947e15165ijurn0rkg0lanb.jpg
  • Financial inclusion
    ICBA slams credit union regulator for pushing expansion during pandemic

    The Independent Community Bankers of America accused the National Credit Union Administration of using the coronavirus to usher in additional changes without the normal amount of scrutiny.

    By Jackie Stewart and Aaron Passman
    May 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.

ABM1025_Cover.jpg

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