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Market Intelligence:
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Industry Data
  • Fintech
    The future is fintech

    A look back at some of the coverage from Credit Union Journal's special report for August.

    By Credit Union Journal staff
    August 30
    Fintech partnership stats - CUJ 083019 (1).jpeg
  • Disputes and judgments
    Ousted Melrose Credit Union CEO gets lifetime ban

    Alan Kaufman was one of six individuals in August to be barred from having any dealings with the affairs of a federally insured financial institution.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 30
    ncua 2
  • Student loans
    NY reg tweaking student loan servicing rules a ‘big, big deal’

    The proposal's aim is to ensure borrowers are treated fairly and would require companies, including CUSOs, to submit licensing applications.

    By Melissa Angell
    Reporter
    August 30
    CUJ-82919-Studentlending (6).jpeg
  • Overdrafts
    Class action suit against LGE Community Credit Union revived

    An appeals court said that Marietta, Ga.-based institution's overdraft agreements were "ambiguous" and now the case might be settled at a trial.

    By Michael Bartlett
    August 29
    scales-of-justice-resize.jpg
  • Marijuana banking
    Element FCU 'apparent' winner for West Virginia pot banking services

    The $35 million-asset credit union was one of just five entities bidding to serve the Mountain State’s medical cannabis program.

    By Michael Bartlett
    August 29
    West Virginia Treasurer John Perdue
  • Career moves
    Bulking up in the branch: Professionals on the move

    Two credit unions have hired new employees to oversee branches while senior investment representatives from a CUSO were recently honored.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    August 29
    AdobeStock_105572967.jpeg
  • Refinance
    Lenders welcome rush of refis, but it's no cure-all

    With long-term interest rates at historic lows, mortgage refinancing is coming on strong. But that additional revenue may not be enough to offset net interest margin pressures and lost servicing income.

    By Andy Peters and Melissa Angell
    August 29
    Mortgage Bankers Association Refinance Index for past three years
  • M&A
    Nebraska credit union set for merger just two years after opening

    Cobalt Credit Union will absorb Community Hope FCU after being approached by the National Credit Union Administration.

    By Melissa Angell
    Reporter
    August 28
    CUj-Communityhope-82919.jpeg
  • Financial reporting
    Strong first half for Wisconsin's state-chartered credit unions

    Institutions in the Badger State reported that lending was up by almost 6% and delinquencies remained at historic lows.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 28
    Wisconsin CU first-half growth 2019 - CUJ 082819.jpeg
  • Workforce management
    How credit unions can lure top-tier tech talent

    CUs can't always offer the same salaries as fintech startups and major corporations, but a host of strategies can help them recruit those candidates and keep them for the long haul.

    By Jessica Qiao
    Contributor
    August 28
    IT career outlook - CUJ 082719 (1).jpeg
  • ADA
    Third appeals court sides with credit unions in ADA litigation

    Two Michigan credit unions were sued by an individual who claimed their websites didn't comply with the Americans with Disabilities Act.

    By Michael Bartlett
    August 27
    gavel-fotolia.jpg
  • Financial inclusion
    WOCCU pilot program targets financial services for refugees

    Through the initiative, more than two dozen savings and credit groups have been established to serve more than 400 Venezuelans and Colombians.

    By Melissa Angell
    Reporter
    August 27
    CUJ-WOCCU-82719 upated.jpeg
  • Career moves
    New faces throughout the organization: Professionals on the move

    Credit unions across the country have announced a number of personnel changes including a new chief lending officer, director of marketing and more.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    August 27
    AdobeStock_231314044.jpeg
  • Field of membership
    Michigan credit union receives regulatory approval to expand FOM

    United Churches Credit Union, which has just one branch, can now serve anyone who worships in two counties.

    By Michael Bartlett
    August 27
    Welcome to Michigan sign
  • Regtech
    When it comes to compliance, will regtech do what Congress won’t?

    With lawmakers unlikely to act in the near future to ease financial institutions' regulatory burden, new technologies could be the solution to credit unions’ AML woes.

    By Melissa Angell
    Reporter
    August 27
    CUJ-AML-82619.jpeg
  • Financial inclusion
    Filene identifies six key areas for credit union research

    The Madison, Wis.-based think tank will launch its Centers for Excellence starting next year.

    By Melissa Angell
    Reporter
    August 26
    April Clobes (2).JPG
  • Corporate philanthropy
    Many ways to make a difference: Credit unions in the community

    Helping out after a fire, providing financial education, broadening access to financial services and other ways credit unions are giving back.

    By Melissa Angell
    Reporter
    August 26
    Safe CUJ 82619.jpg
  • Career moves
    The Cooperative Trust on the hunt for next leader

    The young professionals' development group is searching for a new manager following Lauren Culp's departure on Friday. She will remain in the industry.

    By Michael Bartlett
    August 26
    Lauren Culp, formerly of The Cooperative Trust, will become CEO of CUInsight on Sept. 3, 2019
  • Field of membership
    Legal win has credit unions on defense again over redlining charges

    Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate.

    John Reosti Author Image
    By John Reosti
    Reporter
    August 26
    ABA FOM appeal timeline - CUJ 082319.jpeg
  • Field of membership
    Expansion or status quo? No clear path after field of membership win

    Nearly three years after NCUA passed the rule, credit unions are ready to broaden their reach, but the possibility of an appeal to the Supreme Court may put those efforts on hold.

    By Melissa Angell
    Reporter
    August 26
    The National Credit Union Administration's field of membership rule will directly apply to federally chartered institutions but could have a secondary impact on state charters by pushing states to update their laws to ensure CUs have the most competitive charter available.
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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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