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Market Intelligence:
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  • Growth strategies
    Rethink Non-Interest Income In The 2nd Half

    BROOKFIELD, Wis.-With the Durbin Amendment hanging over CUs like the "Sword of Damocles," Mark Sievewright says it's time credit unions reinvent how they generate non-interest income.

    June 6
  • Growth strategies
    For One California CU, 2nd Half Projected To Be Strong As Attention To Auto Loans Is Paying Off

    SACRAMENTO, Calif.-The Golden 1 Credit Union is one of the great turnaround stories in California, having posted five consecutive profitable quarters after enduring huge losses in 2008-09.

    June 6
  • Growth strategies
    Time For Focus On Members, Walletshare

    PLEASANTON, Calif.-Credit unions will be putting new emphasis in the latter half of 2011 on gaining members and wallet share as the economy grinds toward recovery.

    June 6
  • Growth strategies
    Tough 2nd Half In 'Buying And Selling'

    KANSAS CITY, Mo.-For Brandon Michaels, CFO at Mazuma CU here, the first half of 2011 has been fairly positive. The rest of the economy, however, "is still going to be a tough go," he adds.

    June 6
  • Growth strategies
    Time To Rethink Retail Distribution Strategies

    ST. LOUIS-Slow economic growth means branches will continue to underperform and demand that credit unions make smart and hard decisions about the retail distribution network, one person is emphasizing.

    June 6
  • Growth strategies
    Sunshine State Still One of Skepticism

    ORLANDO, Fla.-With Florida seeing so much damage as a result of the housing bubble's burst, it's not surprising to hear Orlando FCU CFO Suzanne Weinstein tag her hopes for an economic recovery in the second half of 2011 to the housing market.

    June 6
  • Growth strategies
    Get Ready To Be Nostalgic For 1st Half of 2011

    LOMBARD, Ill.-Unfortunately, now may be the best credit unions feel about the economy in 2011, according to one analyst who predicts things will take a turn for the worse in second half of the year.

    June 6
  • Growth strategies
    Four Things Every CU Needs To Plan For

    DES MOINES, Iowa-Four things should be on credit unions' radar in the second half of the year, according to The Members Group.

    June 6
  • Growth strategies
    Why Debit Will Be Big Focus In Q3 and Q4

    WILMINGTON, N.C.-Slow economic progress in the last two quarters will actually increase the emphasis on debit this year, predicts one analyst.

    June 6
  • CUJ content
    Deposits Reach An All-Time High In Q1

    SAN ANSELMO, Calif.-A new analysis has found that deposits in domestic branches of FDIC-insured institutions reached an all-time high of $8 trillion at the end of the first quarter 2011, despite the fact that the national average rate for deposits remained low at 0.86% during the same time period.

    June 6
  • CUJ content
    Michigan CUs Seeking Members' Ideas To Turn Around State's Economy

    LIVONIA, Mich.-The Michigan CU League is asking credit unions and their members to play their part in turning around this state's economic fortunes.

    June 6
  • Lending
    Lending Up For First Time In Eight Months

    MADISON, Wis.-Credit union lending increased during April, the first monthly increase since August of 2010, according to a CUNA analysis released last week.

    June 6
  • CUJ content
    Members Are Optimistic, But...

    RIVERWOODS, Ill.-CU members were more optimistic about the economy than non-members, according to the April Discover U.S. Spending Monitor. The poll tracks economic confidence and spending intentions throughout each month with 8,200 consumers. Members ranked the economy at 92.2 in April-an increase over 90.8 in March. Non-members' sentiment was at 87.5 in April and 88.7 in March, while rankings by overall adults-members and nonmembers alike-were at 89.4 in April and 89.5 in March. Still, 55.8% of members and 55% of total adults surveyed rated the overall economy as "poor" in April. In March, 53.3% of members gave the same rating.

    June 6
  • Lending
    Storm Shelter Loan Debuts

    OKLAHOMA CITY-Following tornadoes that have devastated portions of the Midwest and South, Communication FCU here introduced a loan to help members finance storm shelters.

    June 6
  • Growth strategies
    Making The Switch

    RALEIGH, N.C.-As credit unions vie for bank customers' checking business, what really attracts the accounts, according to one CU, is making switching checking accounts easy for members.

    June 6
  • CUJ content
    Now In The Market

    SD FCU, LenderLive Celebrate 10th

    June 6
  • CUJ content
    Wisconsin CUs Fight Plan That Would Make It Easier To Convert To Bank

    MADISON, Wis.-The Wisconsin Credit Union League has mounted a lobbying effort against a provision in the state's budget bill that would allow direct conversion from a credit union charter to a banking charter.

    June 6
  • CUJ content
    Worth Noting

    Funds Raised For Tornado Victims

    June 6
  • CUJ content
    Disability Policy Disabled

    PHILADELPHIA-A federal appeals court last week upheld a lower court ruling that CUNA Mutual Group was wrong when it discontinued payment on a credit disability insurance policy after three years because it found the credit union member no longer met its definition of "total disability."

    June 6
  • CUJ content
    White Hat Still Shines For Lawmakers

    SAN DIEGO-The fact that credit unions increased their lending through the recent financial crisis is being noticed in state capitals and in Washington.

    June 6
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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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