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Market Intelligence:
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Industry Data
  • Financial reporting
    Behind the numbers: 5 takeaways from NCUA's Q3 data

    From rising incomes and expenses at credit unions to an ever-widening gap between large and small shops, here's a look at how the regulator's third-quarter numbers break down.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 9
    Number of CUs Q3 2019 - CUJ 120619.jpeg
  • M&A
    CommonWealth One set for 2020 merger

    The $28 million-asset AB&W Employees Credit Union will merge following a year of uneven financial results.

    By Melissa Angell
    Reporter
    December 6
    M&A-CUJ-12619.jpeg
  • Corporate philanthropy
    Giving Tuesday everyday: Credit unions in the community

    Credit unions across the country make philanthropic donations all year long, as well as during the week after Thanksgiving.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 6
    Veridian - CUJ 120619.JPG
  • Workforce management
    Credit unions aren't fully sold on NCUA's second-chance measure

    The National Credit Union Administration recently made it easier to hire job applicants with small criminal offenses in their past, but some in the industry still have concerns.

    By Melissa Angell
    Reporter
    December 6
    CUJ 120519 - hiring excons (1).jpeg
  • Law and regulation
    Sherrod Brown questions NCUA’s independence during Senate hearing

    Thursday's hearing brought Brown and NCUA Chairman Rodney Hood face to face for the first time since an October letter in which the senator slammed some of Hood's political activities.

    By Melissa Angell
    Reporter
    December 5
    Senator Sherrod Brown, D-Ohio.
  • Succession planning
    Interim CEO to step aside as LOC FCU names next chief executive

    Stephen Grech, currently CEO of Monroe County Community FCU, will move to the $225 million-asset LOC early next year.

    By Melissa Angell
    Reporter
    December 5
    Stephen Grech is the next president and CEO of LOC FCU. He will take the helm in February 2020.
  • M&A
    CAP COM FCU completes second merger of 2019

    The Albany-based credit union has picked up tiny City of Schenectady Employees FCU, which has struggled with profitability issues for years.

    By Melissa Angell
    Reporter
    December 5
    Chris McKenna, president and CEO of CAP COM FCU (Capital Communications Federal Credit Union)
  • Succession planning
    Successor in place as OneAZ Credit Union's CEO preps for retirement

    EVP/COO Kim Reedy will take the helm after David Doss steps down.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 5
    Kim Reedy is the next CEO of OneAZ Credit Union
  • Credit unions
    The Navy commander behind the credit union banks love to hate

    Navy Federal Credit Union is Exhibit A in banks' case to tax the credit union industry. But it wasn’t always seen as the powerhouse it is today. Meet Adm. Cutler Dawson, the man who changed that.

    John Reosti Author Image
    By John Reosti
    Reporter
    December 5
  • M&A
    NCUA's Hood defends credit unions' bank acquisitions in Congress

    The industry's dominant growth strategy of 2019 was a hot topic during a House Financial Services Committee hearing.

    By Melissa Angell
    Reporter
    December 4
  • Want happier members? It starts with who you hire

    Credit unions must do a better job focusing on how members interact with the institutions chartered to serve them.

    December 4
    Derrick Harris
    Derrick Harris
    PenFed
  • Financial literacy
    Members 1st steps up financial education to meet state guidelines

    The Mechanicsburg, Pa.-based credit union has revamped its financial literacy offerings to align with in-school curricula on the topic developed by the Pennsylvania Department of Education.

    By Jessica Qiao
    Contributor
    December 4
    Financial education by state - CUJ 112319 (1).jpeg
  • How to think positively about negative interest rates

    Negative benchmark interest rates are becoming commonplace in Europe and Japan. Here’s what US credit unions need to know in case that happens here.

    December 3
    Alex Roth
    Alex Roth
    Bonneville Power Administration
  • M&A
    Mergers slowing, but that won't last

    Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

    By Michael Bartlett
    December 3
    CUJ-120319-MERGERS.jpeg
  • Financial crimes
    NCUA issues six prohibitions for November

    The National Credit Union Administration barred a half-dozen people from participating in the affairs of any federally insured financial institution following charges of theft, fraud and other offenses.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 3
    ncua 2
  • Law and regulation
    Week ahead: NCUA's Hood to testify twice on the Hill

    The chairman of the National Credit Union Administration will have to answer lawmakers' questions about his political activities, while comments on various agency proposals are also due this week.

    By Melissa Angell
    Reporter
    December 3
    Capitol Hill, Washington D.C.
  • Branding
    Weber State Credit Union set for 2020 rebrand

    The Ogden, Utah-based institution wanted a name that reflected a field of membership beyond the university it was chartered to serve.

    By Melissa Angell
    Reporter
    December 3
    Vickie van der Have is the president and CEO of Weber State Federal Credit Union, which will rebrand as Ascent CU in 2020.
  • M&A
    Mergers slowing, but that won't last

    Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

    By Michael Bartlett
    December 2
    CUJ-112119-MERGERS (2).jpeg
  • Corporate philanthropy
    Feeling thankful: Credit unions in the community

    One Michigan credit union is helping the less fortunate have access to a Thanksgiving meal this year. It's one of many ways the industry is gving back.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 27
    Honor CU - CUJ 112619.jpg
  • Earnings
    Western Division FCU doles out $500K member dividend

    The New York-based institution has returned more than $8 million to members since 2003.

    By Melissa Angell
    Reporter
    November 27
    From left: Peter Seitz, chairman of the board at Western Division FCU, and President and CEO Robert Harms
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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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