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  • Branch network
    Michigan’s Public Service CU Rolls Out First Mobile Shared Branch

    ROMULUS, Mich. – Public Service CU is rolling to a stop with its newest branch this morning, a branch on wheels.

    June 30
  • CUJ content
    World Council Of CUs Promotes Brian Branch To CEO

    MADISON, Wis. – The World Council of CUs announced yesterday that Brian Branch has promoted from executive vice president and chief operating officer to become president and CEO of the organization.

    June 30
  • CUJ content
    People’s Trust FCU Holds Teen Financial Boot Camp

    HOUSTON – People’s Trust FCU and its People’s Trust Foundation held its fourth annual Teen Financial Camp, which was attended by nearly 40 Houston area high school-aged children of People’s Trust members.

    June 30
  • CUJ content
    First Financial FCU Holds Savings-Linked Teen Reading Contest

    WALL, N.J. – First Financial FCU is holding its summer reading contest for teen members up to 18.

    June 30
  • Technology
    First CU Converts To Jack Henry’s Symitar Core Processing System

    CHANDLER, Ariz. – First CU said it is converting to a new Episys processing system provided by Symitar over the long July 4th weekend.

    June 30
  • Technology
    Service CU Adds FinanceWorks

    PORTSMOUTH, N.H. – Service CU has introduced its first mobile banking app and FinanceWorks, a free personal financial management system.

    June 30
  • Technology
    Teachers CU Upgrades Diebold ATMs

    SOUTH BEND, Ind. – Teachers CU is upgrading its 85 Diebold Opteva ATMs by adding monitoring services to enhance security and ATM uptime and incorporating deposit automation technology to improve convenience.

    June 30
  • CUJ content
    Montana CU League Gets Economic Development Grant

    BILLINGS, Mont. – The Montana CU League’s Montana Credit Unions for Community Development has been awarded a $76,623 economic development grant from the U.S. Department of Agriculture.

    June 30
  • Lending
    Mortgage Rates Hold Steady Near 12-Month Lows

    WASHINGTON – Mortgage rates were little changed this week, for the third week in a row, according to Freddie Mac.

    June 30
  • Corporate credit unions
    First Carolina Corporate CU Completes $65 Million Recap

    GREENSBORO, N.C. – First Carolina Corporate CU said yesterday it raised $65 million in new perpetual contributed capital, enough to attain NCUA’s new minimum capital standards.

    June 30
  • CUJ content
    CUNA Mutual Sells Equipment Maintenance Line To Great American Insurance

    MADISON, Wis. – CUNA Mutual Group announced yesterday it is selling its Equipment Maintenance Insurance line to Great American Insurance Group.

    June 30
  • Cards
    Bank Drops Suit On Fed’s Debit Rule

    PIERRE, S.D. – TCF Financial agreed yesterday to dismiss its suit challenging the Federal Reserve’s cap on debit fees, but said it may decide to come back with a subsequent challenge later on after it reviews the Fed’s final rule.

    June 30
  • Corporate credit unions
    NCUA Says Wall St. Suits Don’t Undermine WesCorp Claims

    LOS ANGELES – Lawyers for NCUA told a federal judge here that the federal agency's June 20 suits against JP Morgan and RBS Securities should not exonerate officers and directors of WesCorp FCU in the 2009 failure of the one-time $34 billion corporate credit union.

    June 30
  • Cards
    Iowa CU Exec To Head Card Processor The Members Group

    DES MOINES – The Members Group has hired Shazia Manus, the CEO of $275 million Greater Iowa CU, as new president.

    June 29
  • CUJ content
    Card Manager Guilty In $230,000 Fraud

    PEORIA, Ill. – A former Visa card manager at CEFCU was sentenced Tuesday to a year in prison for stealing $228,453 through a two-year card fraud.

    June 29
  • Technology
    Bay State’s Wemelco CU Signs With Vantiv

    SPRINGFIELD, Mass. – Wemelco CU has contracted with Vantiv, the former Fifth Third Processing Solutions, to provide it with ATM and debit card transaction processing, ATM driving, card production and network gateway access.

    June 29
  • Cards
    Westerra CU Chooses CO-OP Financial For Card Processing

    DENVER – Westerra CU said it signed with CO-OP Financial Services for credit card transaction processing.

    June 29
  • CUJ content
    DuTrac Community CU Acquires Nearby RACOM Community CU

    DUBUQUE, Iowa – DuTrac Community CU said yesterday it has agreed to merge with $12 million RACOM Community CU in nearby Dyersville.

    June 29
  • Branch network
    Credit Union Of America Buys League’s Wichita Headquarters

    WICHITA, Kan. – Credit Union of America has agreed to buy the 24,000 square-foot west side office building from the Kansas CU League.

    June 29
  • Lending
    New York’s SEFCU Finances Microloan Program

    ALBANY, N.Y. – SEFCU is partnering with the University of Albany and Empire State Development to launch a $2.5 million “character-based” microloan program.

    June 29
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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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