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Market Intelligence:
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  • Growth strategies
    Alliance CU Offers $60 New Member Bounty

    SAN JOSE, Calif. – Alliance CU is offering a $60 Visa gift card to any members who refer a friend for a new loan or line of credit – part of its 60th anniversary celebration.

    July 9
  • Growth strategies
    Pennsylvania’s Ambridge Area FCU Seeks Facebook Time

    BADEN, Penn. – Ambridge Area FCU had an online contest at its Facebook page in an effort to reach the younger generation.

    July 9
  • Lending
    Florida’s 121 Financial CU Offers 8% Storm Loans

    JACKSONVILLE, Fla. – 121 Financial CU has introduced a short-term, 8% fixed-rate Emergency Repair Loan for members recovering from the area’s recent tropical storms.

    July 9
  • CUJ content
    Louisiana FCU Implements Member Loyalty Group’s Net Promoter Program

    LAPLACE, La. – Louisiana FCU went live with Member Loyalty Group’s organization-wide Net Promoter program.

    July 9
  • CUJ content
    Employee Kited $85,000 From Enterprise CU

    WICHITA, Kan. – A former employee at Enterprise CU on Monday pleaded guilty to embezzling $85,000 from the credit union through a check kiting scheme.

    July 9
  • CUJ content
    North Carolina SECU Finances Outer Banks Hospice Home

    RALEIGH, N.C. – State Employees CU’s SECU Foundation on Monday donated $1 million to the construction of a critical care hospice home in Newport, N.C, one of a handful of hospices financed by the $24-billion credit union.

    July 9
  • Compliance
    CFPB Proposes Simplified Mortgage Disclosures

    WASHINGTON – Credit unions and banks would be required to give prospective borrowers a concise, three-page disclosure of interest rates and fees to help compare loan terms in “plain language” under a proposal issued yesterday by the Consumer Financial Protection Bureau.

    July 9
  • Compliance
    House Passes ATM Disclosures Bill

    WASHINGTON – The House easily approved a credit union-backed bill tonight that would eliminate the requirement for the on-machine second fee disclosure at ATMs, the source of a growing number of legal claims against credit unions and banks.

    July 9
  • Performance reports
    Metro CU Cleared To Merge Massachusetts SECU

    BOSTON – State regulators this afternoon approved the merger of Massachusetts State Employees CU, a troubled one-time $77 million credit union, into giant Metro CU in adjacent Chelsea, Mass.

    July 9
  • CUJ content
    CUNA Mutual Helps Fund CDCUs

    MADISON, Wis. – CUNA Mutual Group said this morning it has made $1.25 million of non-member deposits in three California community development credit unions to help stimulate development in their underserved areas under a state program.

    July 9
  • Compliance
    Court Rules Cardholders Must Arbitrate Overdraft Dispute

    ATLANTA– A federal appeals court ruled Friday that cardholders for BB&T must arbitrate their disputes on the bank’s overdraft procedures instead of litigate, under a mandatory arbitration clause in their customer agreement.

    July 9
  • Growth strategies
    Two CUs Share Growth Strategies

    John Cassidy, president and CEO, Sierra Central Credit Union and Dan Sutton, COO of Kemba Credit Union share their thoughts on what has driven growth for their operations.

    July 9
  • CUJ content
    Countersuits Mulled To Overdraft Allegations

    The California and Nevada Credit Union Leagues is considering filing countersuits in response to several of the Golden State's CUs being named in lawsuits alleging improper overdraft policies and practices.

    July 9
  • Compliance
    Former Directors Of CDCU Challenging State Regulator's Conservatorship

    Former directors of Greater Kinston CU are challenging the state's February conservatorship of their $17-million community development credit union amid allegations of impropriety by the board members.

    July 9
  • CUJ content
    Study: New Insights On Service Delivery

    A new study from Cisco offers some new insights into consumer-and credit union member-thinking on service delivery.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 9
  • Corporate credit unions
    The Great Debate: Are Credit Unions Safer Now?

    Has the National Credit Union Association's new corporate guidelines created more secure CUs?

    By Ray Birch
    July 9
  • Performance reports
    Lending Is Robust During May

    Lending at credit unions continued a brisk pace during May, according to one new analysis that suggests lending will remain strong.

    July 9
  • CUJ content
    Ads Plug Support For MBL Reform

    CUNA ran two ads in Politico-aimed at members of Congress-that sought to underscore the range of support for expanded member business lending at credit unions.

    July 9
  • CUJ content
    ON DEADLINE

    Bonds Resigns From CACU; Brokerage' May Follow

    July 9
  • CUJ content
    Federal Court Tosses Out Participation Suit Against CU Business Capital

    A federal court dismissed a suit brought by New York's Sperry Associates FCU over failed participations it bought from the MBLs CUSO of Eastern Financial Florida CU, the failed Florida giant that was acquired in 2009 by Space Coast Credit Union.

    By Ed Roberts
    July 9
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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

Download the American Banker app

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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.