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  • CUJ content
    Motor City Co-op’s Bill Taylor Retires After 40 Years

    CLINTON TOWNSHIP, Mich. – Motor City Co-op CU said William Taylor is retiring today, after 40 years with credit unions, the last four as CEO of the $116-million credit union.

    September 6
  • CUJ content
    FHLB Awards CUs Funds To Foster Non-Profit Projects

    SAN FRANCISCO – The Federal Home Loan Bank of San Francisco granted three credit unions a total of $75,000 in Access to Housing and Economic Assistance for Development funding to help the development of non-profit projects in their markets.

    September 6
  • CUJ content
    New Police Recruit Guns Down Two CU Robbers

    COLUMBUS, Ga. – A rookie police officer shot and killed two suspects in an armed robbery at MEA FCU yesterday morning as they tried to make their getaway.

    September 6
  • CUJ content
    Texas CUs Say Fires Affect Some Loans

    AUSTIN, Texas – Ongoing wildfires here have destroyed more than 1,000 homes, and in the process taken with them some credit unions’ collateral.

    September 6
  • CUJ content
    Senate Stalemated Over New Consumer Financial Protection Czar

    WASHINGTON – Democratic Senators yesterday labeled as “gamesmanship” and “hijacking the legislative process” Republican vows to block any nomination to head the new Consumer Financial Protection Bureau until they get reforms to the fledgling agency’s structure.

    September 6
  • CUJ content
    San Diego County CU’s Labor Day Beach Promo Bashes Bankers

    SAN DIEGO – San Diego County CU surprised area beachgoers over the Labor Day weekend with a spoof of its own television commercials poking fun at the banks – this time with real actors on the beach.

    September 6
  • CUJ content
    Two Suspects Dead After CU Robbery

    COLUMBUS, Ga. – Two men believed to have just robbed an MEA FCU branch here were killed this morning after a pursuing police officer fired into their getaway car and forced it to crash into a utility pole.

    September 6
  • Performance reports
    CU Exec Comp On The Rise Again

    MADISON, Wis. – Executive compensation at credit unions has gone up with the improvement in credit union financial performance, as this year’s increases for executive comp were double last year’s, according to CU Executives Society.

    September 6
  • CUJ content
    Loan Officer Charged In $800,000 Member ID Theft

    JANSEVILLE, Wis. – A former loan officer at Parker Community CU last week pleaded not guilty to charges she stole as much as $800,000 from the credit union by using the identities of 10 members., including family and friends.

    September 5
  • CUJ content
    Pueblo Government Agencies FCU Promotes CFO To CEO

    PUEBLO, Colo. – Pueblo Government Agencies FCU has named Susan McKay, its chief financial officer, the new president and CEO of the $25-million credit union.

    September 5
  • CUJ content
    Hawaii First FCU Offers Free Services At New Community Center

    HONOLULU – Hawaii First FCU is opening a new community center in the Hilo Shopping Center that will offer residents a variety of free services, including computer access, financial counseling and job seeking advice.

    September 5
  • CUJ content
    NCUA Clears Minimal Cash Reward For Volunteers

    ALEXANDRIA, Va. – NCUA ruled it is permissible for a federal credit union to award volunteers with certain cash remuneration, such as a $250 Visa gift card.

    September 5
  • Growth strategies
    Postal Federal Community CU Changes Name to BluCurrent CU

    SPRINGFIELD, Mo. – Postal Federal Community CU has changed its name to BluCurrent CU as part of a plan to reach out to a broader membership base.

    September 5
  • CUJ content
    Central Minnesota CU Acquires Heart Of Lakes CU

    MELROSE, Minn. – Central Minnesota CU, with $580 million in assets, has agreed to merge into it Heart of Lakes CU, a $22-million credit union based in nearby New York Mills, Minn.

    September 5
  • Growth strategies
    NCUA Approves Visions FCU Deal For Troubled Paragon FCU

    ENDICOTT, N.Y. – Visions FCU has received approval from NCUA to enter the New Jersey market with the acquisition of Paragon FCU, a troubled one-time $415 million credit union.

    September 5
  • CUJ content
    Three Convicted In $800,000 Auto Loan Fraud

    CHARLESTON, S.C. – Three people last week pleaded guilty to roles in a loan scheme that siphoned more than $800,000 from area credit unions with auto loans that were not used to buy vehicles.

    September 5
  • Growth strategies
    Field Of Membership Moves Ease Unprecedented CU/Bank Deal

    ST. JOSEPH, Mich. – United FCU, which is in the process of acquiring nearby Griffith Savings Bank, said it has had all depositors in the troubled Indiana S&L join the American Consumer Council to facilitate the rare credit union deal.

    September 5
  • Payments
    Diebold FCU Pilots ‘Card Lock’ Security Tool

    NORTH CANTON, Ohio – Diebold FCU said it is offering a new service provided by its corporate sponsor, Diebold Inc., aimed at preventing unauthorized use of debit and ATM cards.

    September 5
  • Growth strategies
    Data Suggest CUs Leveraging Banks' Post-Durbin Pricing Problems

    WASHINGTON-Credit Union lending improved in the second quarter, while share growth declined. But the big story may be the strength of core checking deposits, an indication credit unions are taking advantage of big banks' pricing problems resulting from the new interchange rules.

    September 5
  • CUJ content
    In Emergencies, CUs Can Serve Everyone

    ALEXANDRIA, Va.-NCUA last week said federal credit unions may provide emergency financial services to anyone, even nonmembers, during natural disasters and other emergencies, such as Hurricane Irene.

    September 5
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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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