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Market Intelligence:
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  • Growth strategies
    Wholly Committed to Getting More Efficient

    In looking back over the last couple of years there have been a lot of things Xceed has learned as we have navigated through these turbulent economic times.

    July 20
  • Growth strategies
    The Seven Lessons Learned By Nevada's Clark County CU

    There are seven lessons we learned or re-learned as we have survived the worst state economy in the nation during the past five years, says Wayne Tew, president and CEO of Clark County CU.

    July 20
  • Payments
    All To Be Impacted'

    DES MOINES, Iowa-In response to the settlement in the "swipe fees" case, TMG Financial Services and The Members Group issued a statement saying it expects all credit unions to be "impacted by this decision."

    July 20
  • Payments
    Association Representing Convenience Stores Objecting To Settlement

    WASHINGTON-At least one influential group of merchants, the National Association of Convenience Stores, which has been battling Visa and MasterCard over card fees for years, has weighed in against the antitrust settlement on credit card fees and is threatening to block the historic deal.

    July 20
  • CUJ content
    Ex-Cop Jailed For $200,000 Trashing Of CU Foreclosure

    SAN DIEGO-- A former San Diego police officer and his wife who caused more than $200,000 worth of damages to their home in French Valley after San Diego Metropolitan CU foreclosed on it were sentenced this afternoon to 270 days in jail and five years' probation.

    July 20
  • Cards
    Opposition Grows To Visa, MasterCard Deal

    NEW YORK – Target Corp., one of the biggest retailers in the country, joined groups including the National Association of Convenience Stores in opposing the proposed $7.25 billion settlement of a lawsuit brought by a group of retailers against Visa and MaserCard and a dozen large banks.

    July 20
  • Technology
    Service CU Launches P2P Service

    PORTSMOUTH, N.H. – Service CU this morning announced the introduction of Fiserv’s Popmoney, a free person-to-person payment service.

    July 20
  • CUJ content
    NCR Doubled Second Quarter Earnings

    DULUTH, Ga. – ATM maker NCR Corp. reported $80 million in net income for its second quarter, up from $33 million for the same period last year, as revenues surged by 11% in the period.

    July 19
  • CUJ content
    ‘Barefoot Bandit’ Bagged

    ALBUQUERQUE, N.M. – A man suspected of robbing a New Mexico Educators FCU branch in bare feet Monday was arrested Wednesday.

    July 19
  • Branch network
    Army Aviation Center FCU Opens New Ops Center

    DALEVILLE, Ala. – Army Aviation Center FCU opened its new operations center, a 42,500-square-foot building that cost $8 million to build.

    July 19
  • Branch network
    America First CU Retains Branch At Closed Store

    CENTERVILLE, Utah – America First CU said it will maintain a branch at the Dick’s grocery store that closed last Saturday.

    July 19
  • Growth strategies
    Consumers CU Introduces Business Checking, Payroll Services

    KALAMAZOO, Mich. – Consumers CU said it is now offering its business members BusinessPlus Checking and ePayroll Services.

    July 19
  • Branch network
    Texas Dow ECU Increases Leased Space At Houston Office Building

    HOUSTON – Texas Dow Employees CU has increased its lease commitment in the Marathon Oil Tower, a 41-story building in the Galleria area of Houston.

    July 19
  • Lending
    Mortgage Rates Keep Falling

    WASHINGTON – The average rate on a 30-year fixed mortgage continued to decline this week, hitting another new low of 3.53%, down from 3.56% last week, according to Freddie Mac.

    July 19
  • CUJ content
    Boxer’s Bloody Nose Leads To CU Robber

    DETROIT – A blow to the face during a boxing match landed Martin Tucker in jail after police matched the DNA from his blood to an armed robbery at Monroe County Community CU three years ago.

    July 19
  • CUJ content
    Visa Taps CUs For Antitrust Settlement

    SAN FRANCISCO – Visa on Thursday said it will be converting another $150 million worth of its Class B shares owned by credit unions and banks to help fund its share of last week’s $7.25 billion antitrust settlement with merchants.

    July 19
  • Growth strategies
    Three CU Giants Team To Form Shared Service Center

    BETHPAGE, N.Y. – Bethpage FCU announced yesterday it is moving 91 back-office jobs to Baltimore as part of a shared service center operation it is developing with two other credit union giants, State Employees CU of Maryland and Colorado’s Bellco CU.

    July 19
  • Compliance
    CDCU Figure Testifies In Favor Of Dodd-Frank Regulations

    WASHINGTON – The chairman of a leading community development credit union testified before Congress this morning her credit union has not been adversely affected by the additional regulations imposed under the Dodd-Frank Act, which she said has helped level the playing field for credit unions and community banks with bigger institutions and unregulated entities.

    July 19
  • CUJ content
    Visionary FCU Mourns Passing Of 50-Year Volunteer

    BRIDGEVILLE, Penn. – Visionary FCU is mourning last week’s death of Frank Bongiorni, who served as a volunteer for 50 years, at age 92.

    July 18
  • CUJ content
    Fidelity National Information Reports 22% Surge In profits

    JACKSONVILLE, Fla. – Fidelity National Information Services reported its second quarter earnings rose 22% as strong growth in its financial solutions business offset flat or declining revenue in its two other segments.

    July 18
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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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