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Market Intelligence:
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  • CUJ content
    Crescent CU Raises $15,000 For YMCA

    BROCKTON, Mass. – Crescent CU said it helped raise $15,000 for the Old Colony YMCA's Strong Kids Campaign.

    May 23
  • CUJ content
    First Citizens’ FCU Donates $65,000 To Veterans’ Charities

    FAIRHAVEN, Mass. – First Citizens FCU has donated $65,600 to local and national veterans’ organizations as a result of the continued success of its Hero Account program.

    May 23
  • Growth strategies
    Gateway Regional CU Hopes To Expand To All Of St. Louis

    ST. LOUIS – Gateway Regional CU, chartered to serve federal employees in the city of St. Louis, has applied to state regulators to serve all 1 million residents of the county and city of St. Louis.

    May 23
  • Lending
    Extra CU Adds AnyHour Call Center Services

    WARREN, Mich. – Extra CU said yesterday it signed with AnyHour Solutions for the company’s AnyHour Loan-By-Phone 24/7 Call Center service.

    May 23
  • Lending
    Columbia CU Inks Reverse Mortgage Deal

    VANCOUVER, Wash. – Columbia CU has signed with Security One Lending to offer its members reverse mortgages.

    May 23
  • CUJ content
    Two More Sentenced For $300,000 Navy FCU Heist

    FAYETTEVILLE, N.C. – One man was sentenced to probation and another to more than a year in prison in the 2009 robbery of $309,900 from a Navy FCU branch here when an insider planned the holdup.

    May 23
  • CUJ content
    Ailing Inland Empire CU To Be Acquired By Credit Union Of Southern California

    WHITTIER, Calif. – Credit Union of Southern California on Monday announced it has agreed to acquire ailing Inland Empire CU, a one-time $50 million institution in nearby Pomona.

    May 23
  • CUJ content
    Four CUs Hit By Tornadoes, One Severely

    JOPLIN, Mo. – All four credit unions in this city have been damaged by the tornado here that killed at least 100 people, with the damage to one CU described as “severe.”

    May 23
  • Cards
    Fed Says Visa, Not The Free Market, Controls Debit Fees

    PIERRE, S.D. – Lawyers for the Federal Reserve told a federal appeals court Friday that expectations by Minnesota’s TCF Bank for a continued revenue stream from debit transactions are not dependent on the free market but on card giant Visa, which paid the bank $100 million in debit fees last year.

    May 23
  • Corporate credit unions
    Southeast Corporate FCU To Tap Members For $80 Million Recap

    TALLAHASSEE, Fla. – Southeast Corporate FCU announced this morning its recapitalization plan has been cleared by NCUA and it plans to begin soliciting members for $80 million in perpetual contributed capital on Wednesday.

    May 23
  • CUJ content
    Washington Watch

    SEN. REID PLANS TO HOLD VOTE ON BILL TO DELAY DEBIT RULE

    May 23
  • CUJ content
    Worth Noting

    NCUA Releases Audited Financials

    May 23
  • CUJ content
    On Deadline

    Prototypes For Mortgage Disclosures Wins Praise

    May 23
  • CUJ content
    People

    UT FCU, Knoxville, Tenn., announced that Katie High and John Sheridan were elected to its board of directors. Incumbent Mike McNeil was also re-elected.

    May 23
  • CUJ content
    News Briefs

    Hispanic Outreach Events Planned

    May 23
  • Corporate credit unions
    NCUA Plan Allows CUs To Prepay Corp Charges

    ALEXANDRIA, Va.-The NCUA Board last week proposed a plan that would allow credit unions to prepay their annual assessments for the corporate credit union bailout, which they project will amount to $2.94 billion, or 38 basis points, for this year and next.

    May 23
  • Growth strategies
    Community Charter, Involvement Pays Off For One CU

    KINGSPORT, Tenn.-The secret to Eastman Credit Union's success requires a short trip down memory lane, according to CEO Olan Jones.

    May 23
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  • CUJ content
    Legal Battle Breaks Out Over Uninsured Member Deposits

    ALEXANDRIA, Va.-NCUA's policy over the new $250,000 deposit coverage is causing widespread confusion among credit union members and prompting a growing number of challenges to the agency's payouts after credit union failures.

    May 23
  • CUJ content
    Now In The Market

    CSCU Presents Annual CAMEOs

    May 23
  • CUJ content
    Wall Street Reform Revamps Biz Deposit Market

    SAN ANSELMO, Calif.-A new analysis suggests that the current landscape of business deposits is likely to change as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and in particular, Section 627, which repeals Section 19(i) of the Federal Reserve Act.

    May 23
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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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