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Market Intelligence:
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  • CUJ content
    Multi-Million Dollar Identity Theft Scheme Unfolds

    MINNEAPOLIS – As many as 100 individuals are expected to be charged in a broad identity theft ring that drained more than $2 million from credit unions and banks in 14 states.

    January 12
  • CUJ content
    ATM Snatched From Chicago Post Office Employee CU

    CHICAGO – Police are searching for three men who made a big withdrawal from the Beverly branch of Chicago Post Office Employee CU – the credit union’s ATM, which they hauled away.

    January 11
  • Branch network
    Empower FCU Sells Branch To Local Bank

    SYRACUSE, N.Y. – Empower FCU said it sold its branch in nearby Big Flats, N.Y., to Elmira Savings Bank.

    January 11
  • Branch network
    Delaware’s Community Powered FCU Eyes New Headquarters

    NEWARK, Del. – Community Powered FCU will break ground on a new headquarters and retail branch project later this month on Route 40 in Bear.

    January 11
  • Performance reports
    Gerber FCU Pays Year End Bonus

    FREMONT, Mich. – Gerber FCU paid members a 2.43% bonus dividend at the end of December, a total of $180,000.

    January 11
  • Performance reports
    Community Financial CU Pays Members $306,000 Bonus

    BROOMFIELD, Colo. – Community Financial CU this week will be paying members a bonus dividend for the fourth year in a row, this time of $306,000.

    January 11
  • Performance reports
    SAFE FCU Pays $2 Million To Members

    SOUTH COLUMBIA, S.C. – SAFE FCU paid its members a $2 million bonus dividend and loan rebate Dec. 31.

    January 11
  • CUJ content
    SELCO Community CU Exec Gets Home Detention For Embezzlement

    EUGENE, Ore. – A former supervisor and assistant branch manager at SELCO Community CU on Wednesday was sentenced to a year of home detention for stealing $146,000 over eight years that she used to pay for a gambling addiction.

    January 11
  • CUJ content
    Economic Development CU Planned In California

    FRESNO, Calif. – The Fresno Economic Opportunities Commission is planning to open a community development credit union that would serve eight counties, from Bakersfield to Sacramento.

    January 11
  • CUJ content
    Sioux Empire FCU Pilots CU*Answers’ Processing Solution

    SIOUX FALLS, S.D. – Sioux Empire FCU’s CU Mortgage Direct has signed with CU*Answers to implement the company’s CU*BASE SE, a new core processing suite targeted at vendors and CUSOs that service specialized member products for credit unions across multiple core processing platforms.

    January 11
  • Payments
    Service CU Slashes ATM Fees

    PORTSMOUTH, N.H. – Service CU unveiled a new ATM surcharge and Visa International Service Assessment fee refund program, essentially making all cash withdrawals at the credit union’s ATMs worldwide free.

    January 11
  • CUJ content
    Ringleader Convicted In Robbery/Murder At CU ATM

    DETROIT – A sixth participant, the alleged ringleader, on Tuesday pleaded guilty to murder charges in the December 2001 armed robbery and shooting of a cash carrier replenishing an ATM outside of Dearborn FCU, now DFCU Financial.

    January 11
  • CUJ content
    University Of Michigan CU Names CU Exec New CEO

    ANN ARBOR, Mich. – University of Michigan CU announced this afternoon it hired Detroit native Tiffany Ford, a former executive at Michigan State University FCU, as president and CEO of the $450 million credit union.

    January 11
  • Corporate credit unions
    NCUA Says It’s Not On Trial In WesCorp Case

    LOS ANGELES – NCUA told a federal court yesterday that former officers of WesCorp FCU may not raise the regulators’ own oversight and numerous approvals of risky and exotic investments in their defense of a multi-billion dollar negligence suit brought by the credit union agency.

    January 11
  • Corporate credit unions
    CORRECTION: CBO Figures On Corporate Resolution

    WASHINGTON – NCUA said the $12 billion the Congressional Budget Office reported Monday as representing federal budget outlays related to the corporate credit union resolution are unrelated to the sale of $12 billion of NCUA Guaranteed Notes in 2011.

    January 10
  • CUJ content
    ‘Gone Plaid Bandit’ Vexes Southern California Authorities

    YORBA LINDA, Calif. – Police are searching for a man suspected in a series of bank robberies in Orange County, the latest at an Orange County CU branch here last Friday.

    January 10
  • CUJ content
    Iowa’s Ascentra CU Wins $10,000 To Fund Financial Ed Programs

    BETTENDORF, Iowa – Ascentra CU was awarded $10,000 through two grants to help advance its financial education efforts in 2012.

    January 10
  • CUJ content
    New York’s Guthrie FCU Hires CU Veteran As New CEO

    SAYRE, N.Y. – Guthrie FCU announced the hiring of John Savelli, former chief financial officer at GHS FCU in Binghamton, as president and CEO of the $60-million credit union.

    January 10
  • Branch network
    Bank Evicts CU From Downtown Cincinnati Office

    CINCINNATI – Emery FCU said it closed its downtown branch after First Financial Bancorp, the building’s owner, declined to renew its lease.

    January 10
  • Performance reports
    Mazuma CU Pays Members $930,000 Bonus

    KANSAS CITY, Mo. – Mazuma CU paid its members a year-end bonus dividend of $930,000.

    January 10
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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.