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  • Branch network
    Carolina Collegiate FCU Opens College Branch

    COLUMBIA, S.C. – Carolina Collegiate FCU yesterday opened a student-run branch on the University of South Carolina campus in the Russell House university union center.

    August 29
  • CUJ content
    Logix FCU Holds Facebook Contest To Name New Mascot

    BURBANK, Calif. – Logix FCU, known until recently as Lockheed FCU, is launching a Facebook contest (open to the public) to name the credit union’s new robot mascot on Aug. 31.

    August 29
  • Technology
    Animas FCU Converts To Fiserv’s XP2

    FARMINGTON, N.M. – Animas FCU has selected Fiserv’s XP2 account processing solution.

    August 29
  • Technology
    Minnesota’s Postal CU Unveils mFoundry’s M-Banking

    WOODBURY, Minn. – Postal CU has partnered with mFoundry through its relationship with First Data to launch mobile banking to members next month.

    August 29
  • Growth strategies
    A+ FCU Offers Community College Savings Challenge

    AUSTIN, Texas – A+ FCU is offering Austin Community College students the chance to win a $2,500 grand prize in its inaugural Riverbat Savings Challenge, which it said is the nation’s first community college savings contest.

    August 29
  • Payments
    Members 1st FCU Offers Re-Loadable Pre-Paid EMV Chip Card

    MECHANICSBURG, Penn. – Members 1st FCU has begun offering its International Visa Re-loadable Pre-Paid EMV Chip Card, for members visiting locations outside of the U.S., where the magstrip cards issued in the U.S. are sometimes inoperable.

    August 29
  • Growth strategies
    Filene Study: Less May Be More In Product/Service Offerings

    MADISON, Wis. – A new study issued by the Filene Research Institute suggests that fewer service and product offerings may be more efficient and beneficial for credit union members.

    August 29
  • CUJ content
    NCUA Charters CU For Sioux Indian Tribe

    ALEXANDRIA, Va. – NCUA announced this afternoon it approved a charter for Lakota FCU, which will serve members of the Lakota, or Sioux Indian tribe on their reservation in Pine Ridge, S.D.

    August 29
  • CUJ content
    Branch Manager Sentenced In Family Business Scheme

    LYNCHBURG, Va. -- A former branch manager for Blue Ridge FCU was sentenced this afternoon to five years of probation and $101,000 restitution for a bookkeeping scheme she used to hide insufficient funds checks drawn by a business owned by her brother-in-law and nephew.

    August 29
  • Lending
    New York Municipalities Oppose CU Tax Appeal

    ALBANY, N.Y. – The credit union bid for exemption from a the state’s mortgage tax is shaping up as a major political battle, with the organization representing the state’s 600 cities and towns the latest to ask the state’s highest court to uphold the tax.

    August 29
  • Fraud
    CUMIS Wins $811,000 Judgment In Fraud Case

    PITTSBURGH – A federal judge last week issued an $811,000 default judgment on behalf of CUMIS Insurance Society against a former credit union executive scheduled to go on trial in massive fraud that sunk nearby Lawrence County School Employees’ FCU.

    August 28
  • CUJ content
    Police Recover Stolen CU ATM

    SUMMERVILLE, S.C. -- An ATM machine that was stolen from CPM FCU early Monday has been found, and two suspects are under arrest.

    August 28
  • Performance reports
    Refinery CU Merged Out

    FERNDALE, Wash. – Industrial CU has agreed to acquire Ferndale Refinery CU, a 57-year-old, $5 million credit union.

    August 28
  • Performance reports
    Ingersoll Rand Employees FCU Merged Out

    WINSTON-SALEM, N.C. – Allegacy FCU will acquire two branches with a deal to merge I-R Employees FCU, a $10 million credit union for employees of Ingersoll Rand.

    August 28
  • Technology
    Tech CU Chooses Fiserv’s XP2 For Processing

    CROWN POINT, Ind. – Tech CU has selected Fiserv's XP2 account processing platform.

    August 28
  • CUJ content
    Feds Seek CEO Of Failed CDCU In Fraud Case

    PHILADELPHIA – Federal authorities are seeking the former CEO of Borinquen FCU after he missed yesterday’s court hearing where he was scheduled to plead guilty to drug dealing and embezzlement charges in last year’s failure of the $7 million community development credit union.

    August 28
  • Growth strategies
    Neighborhood CU Awards Another $10,000 Savings Prize

    GRAND PRAIRIE, Texas – A longtime member of Neighborhood CU opened her door yesterday on a rainy morning and received a lucrative surprise presented to her by the chief executive of her credit union, an oversized $10,000 check as quarterly winner of the credit union’s Prize Savings Account.

    August 28
  • Fraud
    Northwest CU Association’s John Annaloro Retires

    FEDERAL WAY, Wash. – John Annaloro, a fixture in the credit union movement for more than 25 years, first as a senior executive at the California CU League, then head of the Washington CU League (now the Northwest CU Association), the trade group for 200 credit unions, announced his retirement this afternoon.

    August 28
  • CUJ content
    Employee Kidnapped, Forced To Open CU To Robbers

    FORT WAYNE, Ind. – An employee of Freedom Financial FCU was ambushed at her home by two gunmen last night, then blind-folded and tied up before being forced to take her assailants to the credit union and to open the cash vaults, which they rifled before escaping in the employee’s car.

    August 28
  • Growth strategies
    Alliant CU Adds SaveDaily For Health Savings Accounts

    CHICAGO – Alliant CU said this morning it signed with SaveDaily to offer its members additional Health Savings Account choices.

    August 28
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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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