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Market Intelligence:
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Industry Data
  • Failures
    'How can I survive?': Cabbies slam NCUA's medallion loan sale

    The credit union regulator's portfolio sale dashed the hopes of a group of New York taxi drivers looking for relief.

    By John Reosti and Kevin Wack
    February 20
  • Financial inclusion
    JPMorgan's $1M donation to Inclusiv earmarked for Rust Belt cities

    The money will help moderate- and low-income communities in Detroit and Cleveland.

    By Melissa Angell
    Reporter
    February 20
    Cathie Mahon, president and CEO of Inclusiv
  • Social media
    Is Facebook Messenger the next frontier in credit union lending?

    Some institutions say the combination of chatbots and social media could entice new borrowers, but burdensome legacy systems may limit their effectiveness.

    By Jessica Qiao
    Contributor
    February 20
    CUJ 021920 - Fintech loans 2.jpeg
  • Failures
    After 18-month process, NCUA sells taxi medallion loan portfolio

    The credit union regulator had amassed the loans following the liquidation of several New York-area credit unions with high concentrations of taxi medallion loans.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 19
    taxi art - CUJ 062617.jpeg
  • One credit union's meaningful impact on African American consumers

    Phenix Pride FCU in Alabama is one of several institutions Inclusiv and the African-American Credit Union Coalition are celebrating during Black History Month.

    February 19
    Pamela Owens
    Pamela Owens
    Inclusiv
  • Branch banking
    Arbor Financial in Mich. adds to presence in Grand Rapids

    The Western Michigan city has been a hotbed of credit union activity given its low unemployment rate.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 19
  • Tax exemptions
    Taxpayer advocacy group slams credit union tax exemption

    The National Taxpayers Union called on Congress to reevaluate the movement's tax structure, including citing the trend of CUs buying banks as a "textbook example of poor tax policy."

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    February 19
    Dan Berger, president and CEO of the National Association of Federally-Insured Credit Unions
  • Fraud
    Exam gaps led to credit union failure: NCUA

    An inspector general's report found that CBS Employees FCU failed to segregate key duties.

    By Melissa Angell
    Reporter
    February 19
    ncua 2
  • Coronavirus
    Credit unions readying for potential coronavirus pandemic

    The disease hasn't spread widely to the U.S., but some institutions are taking steps in case of an outbreak.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 19
    CUJ 021820 - Coronavirus.jpeg
  • Loyalty and rewards
    Sprint's merger with T-Mobile could alter credit union rewards program

    The deal to create the nation's second-largest wireless network may lead to a revamp of a discount that reportedly drives 250,000 new Sprint customers annually.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 18
    sprint-store-bloomberg365.jpg
  • Securitization
    GTE Financial's auto-loan securitization play could be a game changer

    More than two years after NCUA OK'd securitization deals, the Tampa-based credit union is moving ahead with a transaction that could pave the way for others in the industry.

    By John Hintze
    February 18
  • What CUs need to know about stress tests, capital planning and AI

    Want to satisfy regulators and better compete with the big banks? Here's where to start.

    February 14
    Richard Gallagher
    Richard Gallagher
    Oak Tree Business Systems, Inc.
  • Earnings
    Even as growth slows, Fort Worth credit union pays $750K dividend

    Fort Worth City CU returned money to members who saved and borrowed from the credit union last year, though net income was down amid an increase in charge offs and delinquencies.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 14
    p19mo69aop1k3u13kbuom3lbcana.jpg
  • Succession planning
    Harvard credit union CEO to retire following 4-decade career

    Gene Foley joined Harvard University Employees CU as a teller in 1979 and has been CEO since 1994.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 14
    Gene Foley, CEO of Harvard University Employees Credit Union
  • Earnings
    Coastal Credit Union issues largest dividend to date

    The Raleigh, North Carolina, institution's payout for 2019 was 12% higher than the previous year.

    By Melissa Angell
    Reporter
    February 14
  • Fraud
    The scam that’s ruining Valentine’s Day

    A 2019 report from the Federal Trade Commission shows consumer losses to “romance scams” rose more than 300% between 2015 and 2018. Credit union leaders say the real numbers may be much worse.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 14
    CUJ 021320 - Romance scams.jpeg
  • Succession planning
    Small Louisiana credit union appoints new CEO

    Section 705 FCU, originally chartered to serve postal employees, has a new chief executive following the retirement of its longtime CEO.

    By Melissa Angell
    Reporter
    February 14
    Melanie Riedl, the new CEO of Section 705 FCU
  • Lawsuits
    Truliant seeks injunction to halt Truist branding

    The North Carolina-based credit union hopes an injunction will prevent further use of that branding until a trademark infringement suit is settled.

    By Melissa Angell
    Reporter
    February 13
    Truliant CUJ 072718.jpg
  • M&A
    Small utility credit union to merge into Florida State University CU

    Gulf Power Company Employees CU will merge into Tallahassee-based FSU Credit Union later this year, pending regulatory and member approval.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 13
  • Succession planning
    Meritus Credit Union names retiring CEO's successor

    Connie Roy plans to retire from the Louisiana-based institution this fall after two decades at the helm.

    By Melissa Angell
    Reporter
    February 13
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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.