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  • CUJ content
    Great Basin FCU To Absorb Troubled Sparks City EFCU

    RENO, Nev. – Another ailing Nevada credit union may disappear through merger with a proposed deal for $114-million Great Basin FCU to acquire $13-million Sparks City Employees FCU.

    February 23
  • Lending
    St. Louis Community CU Rolls Out Small Business Loans

    ST. LOUIS – St. Louis Community CU is now offering business loans for local small business owners.

    February 23
  • Technology
    Triangle CU Introduces Mobile Banking

    NASHUA, N.H. – Triangle CU is now offering check deposit by mobile phone and a new iPad application.

    February 23
  • CUJ content
    Robbers Gambled Away CU Cash In Casino

    HAMMOND, Ind. – Two men charged with the Feb. 7 armed robbery of a Tech CU branch in East Chicago used some of the stolen money, stained by a dye pack tellers placed in the bag, to gamble at a Hammond casino.

    February 23
  • CUJ content
    Summit CU Awards $10,000 Savings Prize

    MADISON, Wis. – Summit CU has announced the winner of its $10,000 Project Money savings competition, Penny Duane, a bookkeeper at Bethel Lutheran Church and a single mother.

    February 23
  • Lending
    Mortgage Rates Move Off Record Lows

    WASHINGTON – Long-term mortgage rates jumped higher this week from the record lows of the previous three weeks, according to Freddie Mac.

    February 23
  • CUJ content
    MBS Dispute Leads BofA To Stop Selling Loans To Fannie Mae

    CHARLOTTE, N.C. – Bank of America, the nation’s largest mortgage lender, yesterday announced it has stopped selling new loans to Fannie Mae as the two continue to battle in court over billions of dollars worth of mortgages gone bad the banking giant sold to Fannie.

    February 23
  • CUJ content
    ‘Occupy’ Movement Plans New Network Of CUs

    IRVINE, Calif. – Organizers of several “Occupy” demonstrations are putting together plans for what they are calling a “federation” of credit unions.

    February 23
  • Lending
    FHLBs Bid For CU Funds

    WASHINGTON – The Federal Home Loan Bank system, which has emerged as a critical credit union backstop, has made a pitch to NCUA that could tap the credit union movement for tens of billions of dollars in new funds.

    February 23
  • Technology
    CO-OP Financial Tests Next Generation ATM

    RANCHO CUCAMONGA, Calif. -- Live testing of CO-OP NextGen ATMS, which will allow all shared branching customers to conduct all of the same transactions at a Diebold machine, is underway at CO-OP’s headquarters lobby, the credit union-owned cooperative announced this morning.

    February 23
  • Technology
    PULSE Launches P2P Offering

    HOUSTON – PULSE Network and Obopay said this morning they will enable real-time money transfer capabilities for PULSE credit union and bank participants.

    February 23
  • Branch network
    SAFE FCU Opens High School Branch

    SUMTER, S.C. – SAFE FCU inaugurated a new student-run branch at Lee Central High School in Bishopville.

    February 22
  • Payments
    Shipbuiders CU Inks Vantiv Processing Pact

    MANITOWOC, Wis. – Shipbuilders CU has signed with Vantiv to provide it with ATM and debit card transaction processing, ATM driving, card production and network gateway access.

    February 22
  • Growth strategies
    CUllaborationNation Debuts To Help CUs Drive Growth

    WEST PALM BEACH, Fla. – A brand-new resource to assist credit unions in growing and serving members is making its debut this week: CUllaborationNation.com.

    February 22
  • CUJ content
    Purdue FCU’s $avers & $ense Youth Vie For $100 Shopping Spree

    WEST LAFAYETTE, Ind. – Purdue FCU is offering young members, those five through 14, the opportunity to win a $100 shopping spree when they open a Savers & Sense Club account.

    February 22
  • Technology
    AmeriCU CU Launches New IBM Security System

    SYRACUSE, N.Y. – AmeriCU Credit Union has implemented IBM’s new online security software, the QRadar Security Intelligence Platform.

    February 22
  • CUJ content
    CitizensFirst CU Hires Ohio CU Exec As CEO

    OSHKOSH, Wis. – CitizensFirst CU has named Kevin Ralofsky, president of Ohio’s Vacationland FCU, as president and CEO of the $350-million credit union.

    February 22
  • CUJ content
    GTE FCU Signs For Colo5’s Disaster Recovery Solution

    TAMPA, Fla. – GTE FCU has chosen Colo5 LLC to provide it with co-location/disaster recovery services.

    February 22
  • CUJ content
    Straw Borrower Gets 1 Day In Jail In St. Paul Croatian Fraud

    CLEVELAND – One of the straw borrowers in the massive fraud that sunk St. Paul Croatian FCU on Wednesday was sentenced to one day in prison and ordered to pay $260,000 in restitution to NCUA after pleading guilty to one count of bank fraud.

    February 22
  • Payments
    O Bee CU Rolls Out Credit Card To Quench A Thirst

    TUMWATER, Wash. – O Bee CU, chartered as the credit union for Olympia Brewing Co., returned to its roots by issuing a gold Visa credit card with the image of the Olympia beer logo, with its trademark horseshoe, Tumwater Falls, the expression “good luck,” and the classic “Olympia” lettering.

    February 22
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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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