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Market Intelligence:
AI
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Industry Data
  • Cyber Security
    Can your credit union afford a cyberattack?

    Financial institutions are more likely than ever to fall victim to hackings and data breaches. Here's how credit unions should respond when – not if – they are attacked.

    By Melissa Angell
    Reporter
    October 31
    CUJ-breaches 2- 10-30-19.jpeg
  • Compliance
    NCUA's Harper: Large credit unions need more oversight

    The National Credit Union Administration board member is requesting comment on a proposal to create new consumer compliance measures for "large, complex credit unions."

    By Melissa Angell
    Reporter
    October 30
    NCUA board member Todd Harper speaks during the 2019 NAFCU Congressional Caucus in Washington
  • Succession planning
    Cabrillo Credit Union's interim CEO sticking around for the long haul

    Michael DeShazo has been serving as interim leader of the San Diego-based institution since the previous CEO left in June.

    By Michael Bartlett
    October 30
    Mike DeShazo is interim CEO of Cabrillo CU
  • Tax
    Kansas credit unions prevail in latest state-level tax fight

    A special committee in the state Senate has recommended not to move forward on a proposed bill to tax credit unions above a certain asset threshold.

    By Michael Bartlett
    October 30
    The Kansas state capitol in Topeka.
  • Savings accounts
    Prize-linked savings debuts in Ohio amid push for deposits

    The program will be called Bucks for Buckeyes and will be offered in partnership with the Minnesota Credit Union Network.

    By Melissa Angell
    Reporter
    October 30
    John Ferstl
  • Consumer banking
    Is there any hope for New Jersey credit unions?

    Credit unions in the Garden State are frequently at the bottom of national rankings for key financial metrics. Further consolidation is likely needed to help bolster these results.

    By Jessica Qiao
    Contributor
    October 30
    CUJ-102919-NEWJERSEY (1).jpeg
  • Budgets
    As bank regulators cut costs, NCUA forecasting higher expenses

    The credit union regulator is expecting a 1% increase to its already approved 2020 budget, while 2021 could see an almost 4% increase from what the board approved for 2019.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    October 29
    CUJ-102919-NCUABUDGET (2).jpeg
  • Auto lending
    CU Direct acquires Colorado-based auto loan finance firm

    The transaction will expand the CUSO's reach to nearly 1,200 credit unions.

    By Michael Bartlett
    October 29
    boutelle-tony-2.JPG
  • M&A
    Incoming ABA chair on credit union taxation: 'It's time to fix it'

    Laurie Stewart, a former credit union CEO and incoming chair of the American Bankers Association, says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    October 29
    Laurie Stewart of Sound Community Bank
  • Lawsuits
    Class action lawsuit targets Philadelphia Federal Credit Union

    The complaint alleges the lead plaintiff was charged two separate fees for the same transaction and she didn't have sufficient funds.

    By Michael Bartlett
    October 29
    gavel-fotolia.jpg
  • Career moves
    Building the mortgage team: Professionals on the move

    Ideal Credit Union and BayPort Credit Union both bolstered their home lending teams while other industry groups announced promotions and new hires.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    October 29
    AdobeStock_201491395 (1).jpeg
  • Cyber Security
    Ransomware and cloud safety among CUs' top cybersecurity fears

    As Cybersecurity Awareness Month draws to a close, Credit Union Journal queried industry leaders about the biggest threats facing their institutions.

    By Melissa Angell
    Reporter
    October 29
    CUJ-102819-DATABREACHESBYINDUSTRY.jpeg
  • Corporate philanthropy
    Giving back for kids: Credit unions in the community

    Another look at the variety of ways credit unions are making a difference.

    By Melissa Angell
    Reporter
    October 28
    eCO CUJ 102819.jpg
  • Law and regulation
    Week ahead: Fed moves could increase pressures on credit unions

    As the Federal Reserve prepares for its October meeting, many institutions are waiting to see how the board's actions might impact the ongoing war for deposits.

    By Melissa Angell
    Reporter
    October 28
    Capitol Hill, Washington D.C.
  • Field of membership
    Boston-area credit union adds biotech sector to field of membership

    Tremont CU can now serve the member companies of the Massachusetts Biotechnology Council.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    October 28
    massachusetts flag
  • It's time for credit unions to step up in the fight against elder abuse

    With more baby boomers aging, credit unions must adopt policies and practices to help identify and stop these crimes.

    October 28
    Amy Flanary-Smith
    Amy Flanary-Smith
    Parker Poe
  • Authentication
    Remote workers: Greater flexibility, greater risk

    With simple passwords more vulnerable than ever, a growing number of CUs are deploying multifactor authentication techniques to bolster security.

    By Melissa Angell
    Reporter
    October 28
    CUJ-MFA-102519.jpeg
  • Career moves
    MAX Credit Union removes interim tag from CEO's title

    Martin Head had served as interim leader of the Montgomery, Ala.-based institution since earlier this year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    October 25
    Martin Head, CEO and president of MAX Credit Union.jpg
  • Corporate philanthropy
    Halloween and helping hands: Credit unions in the community

    A look at how credit unions across the country are preparing for the spooky season and giving back to the regions they serve.

    By Melissa Angell
    Reporter
    October 25
    Fergus Federal CUJ 102519.jpg
  • Field of membership
    Truliant surpasses a quarter-million members

    The Raleigh-based credit union hit its latest milestone just three years after reaching 200,000 members.

    By Melissa Angell
    Reporter
    October 25
    Todd Hall, president of Truliant Federal Credit Union
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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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