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  • Performance reports
    Arizona’s Vensure FCU Taken Over By NCUA

    MESA, Ariz. – Vensure FCU, a troubled $5 million transplanted New York credit union, was taken under conservatorship this afternoon by NCUA.

    April 15
  • Cards
    Expedited Appeal Sought In Bid To Halt Fed’s Debit Rule

    SIOUX FALLS, S.D. – Minnesota’s TCF Bank filed a an expedited appeal request yesterday with the U.S. Court of Appeals for the Eighth Circuit asking the court to overturn a lower court’s ruling and to block the Federal Reserve’s pending implementation of the Durbin amendment’s debit fee caps.

    April 15
  • CUJ content
    Missouri CU Association Adds McKechnie To Advocacy Team

    ST. LOUIS – The Missouri Credit Union Association (MCUA) said John McKechnie of Total Spectrum will join its credit union advocacy team in Washington, D.C.

    April 14
  • CUJ content
    Teller Sought In Member Thefts

    WHITEFISH, Mont. – Authorities have issued an arrest warrant for a former Whitefish CU teller charged with embezzling $11,000 from member accounts between 2008 and 2009.

    April 14
  • Technology
    Neighborhood CU Implements Imprivata’s Sign-On Management

    DALLAS – Neighborhood CU will install Imprivata’s OneSign Single Sign-On and Authentication Management solution.

    April 14
  • CUJ content
    Academic FCU Deploys Training From Edcomm Banker’s Academy

    PLEASANTVILLE, N.Y. – Academic Federal Credit Union has deployed Bank Secrecy Act and Anti Money Laundering training from Edcomm Banker’s Academy.

    April 14
  • Branch network
    HAPO Community CU Builds Two New Branches

    RICHLAND, Wash. – HAPO Community CU has bought property to build two new branches, including its first in Oregon.

    April 14
  • CUJ content
    Court Bars Arbitration Bid In CU Dispute Over Life Insurance Loans

    INDIANAPOLIS – Michigan’s DFCU Financial this week asked a U.S. Appeals Court to overturn a lower court ruling and compel FORUM CU to submit FORUM’s claim over $6 million of loan participations backed by life insurance policies to binding arbitration.

    April 14
  • CUJ content
    Associated CU Gives Relief On Gas Purchases

    NORCROSS, Ga. – To help combat the rising price of gas, Associated CU is giving double reward points for any Visa credit or debit card purchase toward gasoline through June 15.

    April 14
  • Lending
    Navy Federal Offers 100% Mortgage, Auto Financing

    VIENNA, Va. – In response to the Fort Campbell Army Homecoming this year, Navy FCU is offering personalized loans with up to 100% financing for soldiers who are returning home from overseas.

    April 14
  • Lending
    NASA FCU Offers 100% Mortgages

    UPPER MARLBORO, Md. – NASA FCU has added what it said are two unique, high loan-to-value mortgages to its home loan portfolio: a 100% LTV loan up to $650,000 with no private mortgage insurance, and a 95% loan for refinancings, also without PMI.

    April 14
  • Lending
    Mortgage Rates Rise For Fourth Week In A Row

    WASHINGTON – Mortgage rates rose again this week, for the fourth straight week, but the benchmark rate for the 30-year loan remained below 5%, according to Freddie Mac.

    April 14
  • Technology
    CRIF Lending Interfaces With CUNA Mutual, IMM

    ATLANTA – CRIF Lending on Thursday said it has provided an interface that connects the CRIF ACTion loan and account origination solution, CUNA Mutual Group’s LOANLINER Document Web Service, and Integrated Media Management’s electronic signature solution.

    April 14
  • Payments
    Shifting Alliances On Debit Rule

    WASHINGTON – A major technology group comprised of some of the biggest corporations shifted its position on the proposed delay in debit rules a week after expressing support for the delay.

    April 14
  • Cards
    Senate Begins Debate On Interchange Delay

    WASHINGTON – Sen. Jon Tester opened debate on delaying the controversial interchange rule this morning insisting the proposed cuts in debit fees will cause unintended harm to rural banks and credit unions, even as the Senator and his allies desperately search for a bill to attach their delay measure to.

    April 14
  • CUJ content
    Iowa CUs Lose Gamble On Savings Lottery

    DES MOINES – State lawmakers killed a bill yesterday that would have allowed credit unions and banks to offer prize-linked savings contests in Iowa, one of five states considering the credit union-initiated savings lotteries.

    April 14
  • CUJ content
    Cover Blown In Attempted ATM Blow Torch Break In

    SUMMERVILLE, S.C. – Two teenagers were arrested and charged with safecracking in connection with last week’s failed attempts to break into ATMs at South Carolina FCU and Suntrust Bank using a blow torch.

    April 13
  • CUJ content
    Municipal Employees CU Holds Pee Wee Preakness

    BALTIMORE – Municipal Employees CU will treat kids under 10 to a miniature race on bouncy hippity hops, arts and crafts, and music and entertainment on May 17 to celebrate the 136th running of the Preakness Stakes horse race.

    April 13
  • Technology
    Family First CU Upgrades SunGard’s PLANet Disaster System

    SAGINAW, Mich. – Family First CU has installed enhancements to the SunGard Availability Services’ PLANet web-based business continuity planning service.

    April 13
  • Technology
    Central Minnesota FCU Adds Imprivata’s Sign-On Management

    MELROSE, Minn. – Central Minnesota FCU will implement Imprivata’s OneSign Single Sign-On and Authentication Management solution.

    April 13
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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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