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Market Intelligence:
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  • CUJ content
    Charter Oak FCU Starts Turkey Drive

    GROTON, Conn. – Charter Oak FCU is kicking off its 3rd Annual Turkey Drive.

    November 2
  • CUJ content
    Bull’s Eye CU Collects 500 Cell Phones For Soldiers

    WISCONSIN RAPIDS, Wis. – Bull’s Eye CU collected more than 500 cell phones to support the Cell Phones for Soldiers program.

    November 2
  • Lending
    Trenton Police FCU Signs With Residential Home Funding

    TRENTON, N.J. – Trenton Police FCU has signed a deal with Residential Home Funding Corp. to provide it with mortgage banking services.

    November 2
  • Branch network
    Vantage West CU Adds Diebold’s Deposit Automation To ATMs

    TUCSON, Ariz. – Vantage West CU has upgraded its 34 ATMs with Diebold technology, adding deposit automation to 11 of them.

    November 2
  • CUJ content
    Fundtech Shareholders Approve Takeover By Private Equity

    JERSEY CITY, N.J. – Fundtech Ltd. said its shareholders approved the acquisition of the company by Chicago-based private equity partners GTCR at $23.33 a share, or $390 million.

    November 2
  • CUJ content
    Cardtronics Inks ATM Deal With Harris Teeter Grocery

    HOUSTON – Cardtronics, the biggest ATM switch for credit unions, yesterday said it signed with Harris Teeter to brand ATMs in as many as 100 of the company’s upscale supermarkets.

    November 2
  • CUJ content
    Growing Debit Helps Stem Huge Losses At First Data

    ATLANTA – Processing giant First Data Corp. on Wednesday reported favorable interest rate swaps helped it trim huge losses related to its 2007 buyout by Kohlberg Kravis Roberts to $54 million for the third quarter, down from a $431 million third quarter loss a year ago.

    November 2
  • Payments
    MasterCard Surges On Debit

    PURCHASE, N.Y. – MasterCard on Wednesday reported its third quarter profits soared 38% to $717 million, as a growing number of cardholders continue to favor debit over credit card transactions.

    November 2
  • CUJ content
    Forfeiture Order Closes $140 Million CU National Mortgage Fraud Case

    NEWARK, N.J. – A federal court yesterday agreed to the forfeiture of almost $14 million in five bank accounts owned by former U.S. Mortgage Corp. President Michael McGrath, closing the legal proceedings in the $140 million fraud that bankrupted the parent of CU National Mortgage.

    November 2
  • CUJ content
    Branch Manager Boosted HELOC Line To Feed Gambling Habit

    ALEXANDRIA, Va. – A former branch manager for American Nickeloid Employees CU was barred from the credit union industry for secretly altering her home equity line of credit by $163,500 to pay for her gambling habit at Mississippi River casinos, NCUA said this afternoon.

    November 2
  • Technology
    Tech CU Is First To Pilot NCR’s P2P At The ATM

    SAN JOSE, Calif.—Technology CU announced this morning it will be the first financial institution in the country to enable real-time, person-to-person payments from its ATMs to almost anyone in the world with a mobile phone or e-mail address, using a new payments service from NCR and PayPal.

    November 2
  • Technology
    Public Service CU Adds VSoft’s VServe Data Center

    DENVER – Public Service CU has signed with VSoft Corp. to implement the company’s VServe global data center solution.

    November 1
  • Lending
    America’s First FCU Offers CU Student Choice Private Loans

    BIRMINGHAM, Ala. – America’s First FCU has signed with CU Student Choice to offer the CUSO’s private student loans to its members.

    November 1
  • Payments
    Mission Federal CU To Pay For Debit Use

    SAN DIEGO – Mission Federal CU is taking the opposite tack on debit transactions than the big banks – the $2-billion credit union is paying members, instead of charging them, to use their debit cards.

    November 1
  • Payments
    SDCCU Pays For Photos of Bank Card Being Shredded

    SAN DIEGO – San Diego County CU is offering a $1,000 prize for the best photo of a member shredding his or her bank debit card.

    November 1
  • CUJ content
    Island FCU’s Bob Dethlefsen Retires

    HAUPPAUGE, N.Y. – Island FCU on Tuesday announced Bob Dethlefsen, its president since 1980, is retiring from the $800-million credit union at the end of the month.

    November 1
  • Branch network
    Cardtronics Completes Deal For Access To Money’s 10,000 ATMs

    HOUSTON – Cardtronics on Tuesday said it completed the acquisition of Access to Money, Inc., a troubled Cherry Hill, N.J.-based operator of 10,350 merchant-owned ATMs formerly known as TRM Corp.

    November 1
  • CUJ content
    Mortgage Refis Push PHH Deep Into The Red

    MT. LAUREL, N.J. – PHH Corp., the largest mortgage bank for credit unions, said falling mortgage rates inviting a new wave of refinancings forced a $353 million write-down of its mortgage servicing portfolio, resulting in a $148 million loss for the third quarter.

    November 1
  • CUJ content
    Fiserv Reports Lower Earnings On Debt Buyback

    BROOKFIELD, Wis. – Fiserv yesterday said losses related to an early extinguishment of debt pushed down third quarter profit by 4% to $127 million.

    November 1
  • CUJ content
    Fidelity National Information Reports Third Quarter Surge In Earnings

    JACKSONVILLE, Fla. – Fidelity National Information Services, one of the biggest third-party credit union vendors, on Tuesday said third quarter profits rose 23% to $136.3 million, fueled by strong growth in its international business.

    November 1
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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.
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© 2026 Arizent. All rights reserved.