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  • Corporate credit unions
    NCUA Eyes Next Corporate Merger

    The NCUA Board is expected to vote in closed meeting next week on the combination of Pennsylvania-based Mid-Atlantic Corporate FCU with Virginia Corporate FCU, one of six corporate mergers in progress.

    October 20
  • Growth strategies
    Bethpage FCU Pledges Free Checking For Life

    BETHPAGE, N.Y. – Playing on the growing anti-bank sentiment, Bethpage FCU announced this morning no-fee checking—for life.

    October 20
  • Lending
    CU Exec To U.S. Senate: Privatization Of Secondary Mortgage Market A Bad Idea

    WASHINGTON – A leading credit union executive told the Senate Banking Committee this morning that ongoing proposals to wind down Fannie Mae and Freddie Mac and privatize the secondary mortgage market would harm credit unions and other community lenders to the detriment of millions of homebuyers.

    October 20
  • CUJ content
    Sallie Mae Narrows Losses

    RESTON, Va. – Student loan giant Sallie Mae on Wednesday said losses for its third quarter declined to $47 million – caused by a $371 million unrealized loss on its financial derivatives – from a $495 million loss for the same period last year.

    October 19
  • CUJ content
    TransUnion In Play

    CHICAGO – Private equity funds Carlyle Group, Bain Capital and Advent International reportedly are seeking to acquire TransUnion, one of the three major credit bureaus, in a deal that could top $2 billion.

    October 19
  • CUJ content
    FBI Billboard Features CU Robbers

    TULSA, Okla. – The FBI has posted the surveillance photos of three violent men who robbed Tulsa Municipal Employees FCU Sept. 16 on two billboards offering $20,000 rewards for information leading to their arrest.

    October 19
  • Technology
    CU Business Group To Market BankServ’s Mobile Banking

    PORTLAND, Ore. – CU Business Group, a member business lending CUSO owned by eight corporate credit unions, has signed with BankServ to market the company’s mobile remote deposit, mobile banking, remote deposit capture and a variety of payment solutions to credit unions to its business members.

    October 19
  • CUJ content
    GTE FCU Lets Medical Group Use Its Data Center For Backup Site

    TAMPA, Fla. – GTE FCU has entered into a strategic arrangement with Physicians Independent Management Services, a nationwide medical billing service, to allow PIMS to utilize GTE’s state-of-the-art data center for secure patient record keeping in the event of a disaster.

    October 19
  • CUJ content
    1st Advantage FCU Gives $60,000 To Local Organizations

    YORKTOWN, Va. – In celebration of its 60th anniversary, 1st Advantage FCU is contributing a total of $60,000 to six local organizations that make a difference in the community.

    October 19
  • CUJ content
    International Harvester Employee CU Prescribed CU Rx

    SPRINGFIELD, Ohio – International Harvester Employee CU has signed with CU Rx for the CUSO’s review and audit services.

    October 19
  • Branch network
    Bridgeway FCU Opens In Walmart

    FISHKILL, N.Y. – Bridgeway FCU on Wednesday said it will open a fourth branch in early November inside a Walmart store.

    October 19
  • Technology
    CU Offers $10,000 Prize For Android, iPhone M-Banking Downloads

    NASHUA, N.H. – Triangle CU members who download one of Triangle’s mobile device services will be entered to win a $10,000 grand prize or one of five $1,000 prizes.

    October 19
  • Technology
    American Heritage FCU Opts For Online Resources’ Online Banking

    PHILADELPHIA – American Heritage FCU has signed with Online Resources Corp. to convert its online banking system to the company’s Architect solution.

    October 19
  • CUJ content
    Policeman’s Stolen Identity Used For Car Loan

    NEW PORT RICHEY, Fla. – A local stole the identity of a Texas police officer and used it to take out a car loan at Achieva CU, according to police.

    October 19
  • Payments
    Visa, MasterCard Hit By More Antitrust Suits Over ATM Fees

    NEW YORK – Visa and MasterCard, sued last week by independent ATM operators over ATM fees the operators say violate federal antitrust laws, are the target of two new suits brought by consumers regarding their ATM charges.

    October 19
  • Lending
    New York’s High Court To Hear CU Appeal Of Mortgage Tax

    ALBANY, N.Y. – The New York State Court of Appeals, the state’s highest court, agreed today to hear an appeal from Hudson Valley FCU, which claims its status as a federally chartered credit union should exempt it from the state’s mortgage recordation tax on all real estate transactions.

    October 19
  • CUJ content
    Alliant CU Exec To Head Royal CU

    EAU CLAIRE, Wis. — Royal CU announced this morning it hired Rudy Periera, senior vice president at Chicago's Alliant CU, as president and CEO of the $1.1 billion credit union.

    October 19
  • CUJ content
    Sabine FCU Launches Classroom Makeover Contest

    ORANGE, Texas – Sabine FCU will award $2,000 in prize money to winners of a Classroom Makeover Contest for teachers who are members of the credit union.

    October 18
  • Growth strategies
    Massillon Area CU Now Friends And Family CU

    MASSILLON, Ohio – Massillon Area Credit Union has changed its name to Friends and Family CU to reflect its new community charter.

    October 18
  • Technology
    T8 Webware Unveils Call FCU’s New Website

    RICHMOND, Va. – T8 Webware has launched Call FCU’s new website.

    October 18
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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.

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