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Market Intelligence:
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  • Growth strategies
    Defense CU Buys Naming Rights To New Community College Arena

    ABERDEEN, Md. – Aberdeen Proving Grounds FCU has signed a $750,000 sponsorship deal with Harford Community College to name the school’s new arena after the credit union.

    February 28
  • Growth strategies
    Local Radio Personality To Promote Grow Financial FCU

    TAMPA, Fla. – Morning radio host Jayde Donovan has signed with Grow Financial FCU to record a series of celebrity endorsements for the $1.7-billion credit union.

    February 28
  • Compliance
    NCUA: CU Can Bar Member From Board By Voluntary Agreement

    ALEXANDRIA, Va. – NCUA on Tuesday said a credit union may bar an employee who agreed to resign instead of being fired from running for the board of directors under a proposed separation agreement.

    February 28
  • CUJ content
    SECU Member Foils Armed ATM Holdup

    LUMBERTON, N.C. – A State Employees CU member escaped unharmed and with his money after a gunman tried to rob him at an ATM last weekend.

    February 28
  • Corporate credit unions
    JP Morgan Chase Rebuts NCUA’s $1.4 Billion MBS Claim

    WICHITA, Kan. – JP Morgan Chase & Co. told a federal court here it should reject NCUA’s claims regarding $1.4 billion of mortgage backed securities sold to four failed corporate credit unions and dismiss the suit without even allowing for discovery.

    February 28
  • Corporate credit unions
    Former Corporate CEO To Head New Catalyst Corporate FCU

    PLANO, Texas – Catalyst Corproate FCU, the new corporate credit union formed by the combination of Southwest Corporate FCU and Georgia Corporate FCU, said this afternoon it hired Kathy Garner, the former president of Northwest Corporate FCU, as president and CEO.

    February 28
  • Lending
    CUs Fight To Save Federal Guarantee For Mortgages

    WASHINGTON – NAFCU told leaders of the Senate Banking Committee this morning that the credit union industry, which is emerging as one of the most important players in the home loan market, is opposed to any mortgage reforms that would include elimination of the federal guarantee on loans sold on the secondary market currently through Fannie Mae and Freddie Mac.

    February 28
  • CUJ content
    Alliance CU Pilots ‘Babies In The Workplace’ Program

    SAN JOSE, Calif. – Workers are being asked to ignore crying babies and some unpleasant scents as Alliance CU is inviting their employees to bring their newborn babies to work.

    February 28
  • CUJ content
    Former DFCU Financial CEO Don MacKinnon Dies

    DEARBORN, Mich. – Donald MacKinnon, Jr., who helped charter more than 100 credit unions and served as president of Dearborn FCU (now DFCU Financial), died Jan. 25 at 93.

    February 27
  • CUJ content
    The Couple That Robs Banks Together...

    TUCSON, Ariz. – Police are looking for a husband and wife who are suspected of robbing a Pyramid CU branch last week.

    February 27
  • CUJ content
    CPM FCU Donates $25,000 To Children’s Hospital

    NORTH CHARLESTON, S.C. – CPM FCU contributed $25,000 to the MUSC Children’s Hospital yesterday.

    February 27
  • CUJ content
    Andrews FCU, AFFN Give Injured Soldiers $6,000 In Gift Cards

    SUITLAND, Md. – Andrews FCU and the Armed Forces Financial Network each provided $3,000 in gift cards to the Joint Base Andrews Fisher House for injured soldiers.

    February 27
  • CUJ content
    CU*Northwest Launches Small CU Initiative

    LIBERTY LAKE, Wash. – Sunkist Employees FCU is the first credit union to sign with CU*Northwest for a pilot assistance program known as Small CU Initiative.

    February 27
  • Payments
    Lockheed FCU Converts To CO-OP’s Card Processing Platform

    BURBANK, Calif. – Lockheed FCU on Monday said it has signed with CO-OP Financial to provide it with credit card processing.

    February 27
  • Growth strategies
    Texas Trust CU Eases Switching With Deluxe’s SwitchAgent

    MANSFIELD, Texas – Texas Trust CU said it is making it easier for bank customers to switch accounts with the launch of the Deluxe’s SwitchAgent concierge service.

    February 27
  • Growth strategies
    New Resources Added at CUllaborationNation.com

    WEST PALM BEACH, Fla. – New resources related to Best Practices in collections, stress-testing of loan portfolios, card fraud, creating a “cooperative score” and investment strategies have been added to CUllaborationNation.com.

    February 27
  • Lending
    Kinecta FCU Opens Two More Mortgage Centers

    MANHATTAN BEACH, Calif. – Kinecta FCU opened a new mortgage loan center in Mission Valley, following the opening of another center in Rancho Penasquitos in December.

    February 27
  • CUJ content
    Wisconsin’s Connexus CU To Absorb Troubled Tower CU

    WAUSAU, Wis. – Members of Tower CU on Sunday voted to merge their ailing one-time $50-million credit union into $360-million Connexus CU, formerly the credit union for Liberty Mutual Insurance.

    February 27
  • Compliance
    CUs See New Consumer Bureau As Cure For ATM Suits

    WASHINGTON – CUNA called on the Consumer Financial Protection Bureau to use its new authority over the Electronic Funds Transfer Act to amend requirements that force two separate disclosures on fees to a single, on-screen disclosure.

    February 27
  • Growth strategies
    Belvoir FCU Saves For Military With 10% Certificate

    WOODBRIDGE Va. – Belvoir FCU, the credit union for Fort Belvoir, rewarded its members last week with a special 10% certificate in honor of the National Military Saves campaign.

    February 27
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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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