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  • Performance reports
    Xceed Financial CU Adds Allpoint’s Surcharge-Free ATMs

    EL SEGUNDO, Calif. – Xceed Financial CU has signed with Allpoint Network to offer its 43,000 surcharge-free ATMs to its members.

    October 27
  • Performance reports
    Check Printer Deluxe Reports Declines In Revenues, Earnings

    ST. PAUL, Minn. – Deluxe Corp. reported a 28% decline in net income, and a 3% drop in revenues for its third quarter, as its core checks business continued to erode.

    October 27
  • Performance reports
    Diebold Earnings Decline Along With Revenues

    NORTH CANTON, Ohio – Diebold reported a 9% drop in third quarter earnings yesterday, amid a 5% drop in revenues.

    October 27
  • Performance reports
    Profits Plunge At NCR

    DULUTH, Ga. – Net income at NCR plummeted 84% for the third quarter to $16 million, despite strong revenue gains, as a result of several one-time expenses.

    October 27
  • Lending
    Mortgage Rates Hold Near Record Lows

    WASHINGTON –Long-term mortgage rates remained near record low territory this week, according to Freddie Mac.

    October 27
  • CUJ content
    EMC National Launches CU Insurance Program

    DES MOINES, Iowa -- EMC National Life Co. is unveiling their new benefits program for credit unions nationwide.

    October 27
  • Performance reports
    NCUA Takes Over Tiny Alabama CU

    BIRMINGHAM, Ala. – NCUA yesterday took under conservatorship Birmingham Financial FCU, a troubled $1.3 million with just 429 members.

    October 27
  • Performance reports
    Arrowhead CU Returns To Health

    SAN BERNARDINO, Calif. – Arrowhead Central CU, the one-time $1 billion credit union being run by NCUA the past 15 months, has apparently turned the corner and is once again posting healthy financials.

    October 27
  • CUJ content
    Momentum Builds For Bank Transfer Day

    PHOENIX – Credit unions around the country are launching new promotions, calling out to new members and cashing in new membership shares as next week’s Bank Transfer day approaches.

    October 27
  • Corporate credit unions
    NCUA Approves Mid-Atlantic/Virginia Corporate Merger

    ALEXANDRIA, Va. -- The NCUA Board voted in closed meeting this morning to approve the combination of Pennsylvania-based Mid-Atlantic Corporate FCU with Virginia Corporate FCU, one of six corporate mergers in progress.

    October 27
  • CUJ content
    CEO Jailed For Stealing CU Funds To Pay Personal Expenses

    RICHMOND, Va. – The former president of Richmond Postal CU was sentenced yesterday to a year in jail for embezzling more than $52,000 from the credit union to pay for personal expenses, including a lawyer to handle his divorce and Washington Redskins tickets that cost almost $2,000.

    October 27
  • CUJ content
    CORRECTION: First Entertainment FCU Third Quarter Financials

    HOLLYWOOD, Calif. – An article in yesterday’s CU Journal Daily Briefing incorrectly stated that First Entertainment FCU reported a third quarter loss due to a $1.8 million charge for the NCUA corporate assessment. First Entertainment reported a small $294,000 net for the third quarter after the charge.

    October 26
  • Performance reports
    Equifax Reports Lower Earnings Even As Revenues Climb

    ATLANTA – Equifax reported a 13% decline in third quarter net, even as revenues rose almost 4%, as the company spent $44 million on share repurchases during the quarter.

    October 26
  • Performance reports
    Debit Charges Visa In Fiscal Fourth Quarter

    SAN FRANCISCO – Visa Inc. reported yesterday that fiscal fourth quarter net income surged 14% on the basis of a continued double-digit growth in debit.

    October 26
  • CUJ content
    Branch Manager Guilty In $150,000 SELCO Community CU Embezzlement

    EUGENE, Ore. -- A former SELCO Community CU assistant branch manager admitted in federal court Tuesday that she used her supervisory position to conceal her theft of $150,000 to support a gambling habit.

    October 26
  • CUJ content
    Northwest FCU Gives $20,000 To Public Schools

    HERNDON, Va. – Northwest FCU said its NWFCU Foundation has awarded $20,000 in grants to four Fairfax County public schools to be used for staff development and technological advances for classrooms.

    October 26
  • Lending
    Pawtucket CU Approved For SBA Lending

    PAWTUCKET, R.I. – Pawtucket CU said yesterday it has been approved by the U.S. Small Business Administration to make guaranteed loans up to $5 million.

    October 26
  • Cards
    First U.S. Community CU Inks Vantiv Processing Pact

    SACRAMENTO, Calif. – First U.S. Community CU has signed with Vantiv for single-sourced comprehensive electronic processing services.

    October 26
  • Technology
    Arsenal CU Installs Financial Management Solutions’ ContactCenter

    ARNOLD, Mo. – Arsenal CU said it has implemented Financial Management Solutions Inc.’s ContactCenter Management System.

    October 26
  • CUJ content
    SunState FCU Contracts With GulfCoast Financial For Investment Services

    GAINESVILLE, Fla. – SunState FCU has signed with GulfCoast Financial Services to provide financial management, advice, retirement planning and insurance services to its members.

    October 26
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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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