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  • CUJ content
    Credit Union Of America Donates $50,000 To Wichita Hospital

    WICHITA, Kan. – Credit Union of America has given $50,000 to Via Christi Hospital to purchase patient education equipment for the hospital on St. Teresa, the only full-service hospital in west Wichita.

    April 11
  • CUJ content
    Getaway Driver Sentenced To Prison For Catholic Family FCU Heist

    WICHITA, Kan. – A man who drove the getaway car during last November’s armed robbery at Catholic Family FCU was sentenced to 51 months in prison on Monday.

    April 11
  • CUJ content
    Visa Converts CU, Bank Shares To Reload Litigation Reserves

    SAN FRANCISCO – Visa said it completed the conversion of $400 million worth of its Class B shares owned by credit unions and banks to boost its litigation reserves, expected to fund a payout of pending antitrust suits.

    April 11
  • CUJ content
    NARFE Premier FCU Hires Congressional FCU Exec As CEO

    ALEXANDRIA, Va. – NARFE Premier FCU, a $145 million credit union serving the National Active and Retired Federal Employees Association, has named Martha Wye, a vice president for Congressional FCU, as its president and CEO.

    April 11
  • Branch network
    New Michigan State University FCU Branch Feeds Additional Members

    LANSING, Mich. – Michigan State University FCU opened its newest branch in the former Dimitri’s Restaurant building in downtown Lansing last week.

    April 11
  • Branch network
    Members 1st FCU Plans Five More Branches

    MECHANICSBURG, Penn. – Members 1st FCU on Monday opened a new branch in North Cornwall Township, its second in Lebanon County and one of five the $2 billion plans to open in 2011.

    April 11
  • Lending
    First Financial FCU Launches Indirect Auto Loan CUSO

    WALL, N.J. – First Financial FCU said yesterday it has developed its own indirect auto lending CUSO, Jersey First Auto Connection.

    April 11
  • Growth strategies
    Bellco CU Approved To Serve Denver

    GREENWOOD VILLAGE, Colo. – State regulators last Friday approved a request by Bellco CU to expand to serve all 610,000 residents of Denver County.

    April 11
  • CUJ content
    NCUA Cracks Down On Fixed Assets Limits

    ALEXANDRIA, Va. – NAFCU called on NCUA to facilitate waivers for the agency’s cap on fixed-assets, reinstated for thousands of credit unions last year when NCUA trimmed its regulatory flexibility, or Reg-Flex program.

    April 11
  • CUJ content
    PenFed Expands More Into NavyFed Market

    ALEXANDRIA, Va. – Pentagon FCU said this afternoon it is now serving 50,000 members of the Navy League of the U.S., ratcheting up its competition with the nation’s largest credit union, nearby Navy FCU.

    April 11
  • CUJ content
    Members 1st FCU Back In Court To Challenge New Bank Assault

    HARRISBURG, Penn. — Members 1st FCU, fresh off a trademark infringement claim with a local bank, filed a new suit Friday against Utah's Merrick Bank, which recently began soliciting credit cards in the credit union's local market using an identical "M" trademark incorporating the numeral "1."

    April 11
  • Growth strategies
    Mortgages Great, Understanding Risk Greater

    DALLAS-Mortgage lending may be one of the best ways to generate revenue in 2011, but before a CU begins aggressively booking real estate loans, it needs to understand where the risk is, cautions ALM First.

    April 11
  • Growth strategies
    Finding A 'Friend' In The World of Social Media

    Julia Goebel, vice president of marketing for Ambir Technology, says time savings from new technologies allow tellers to engage the customer and identify opportunities to cross-sell services

    April 11
  • Growth strategies
    The Cost From A Lost, Single Sheet of Paper

    VISTA, Calif.-Improving a credit union's document-management capabilities increases operating efficiency, reduces expenses, and bolsters the bottom line, shared Andrew Tilbury.

    April 11
  • Growth strategies
    The Lending Niche Within A Lending Niche

    MADISON, Wis.-One of the most effective strategies for credit unions to enhance the bottom line will also be the hardest, and that's reigniting lending.

    April 11
  • Growth strategies
    Where To Begin In Building Bottom Line

    ATLANTA-There are several ways to enhance the bottom line, notes one person, but just one where the focus should initially be.

    April 11
  • Growth strategies
    Prestige + Value = More Profitable Portfolio

    CLEARWATER, Fla.-For the credit card portfolio to make a strong contribution to the bottom line, the CU's card must convey value and prestige.

    April 11
  • Growth strategies
    How Banks Will Help CUs' Bottom Lines in '11

    TALLAHASSEE, Fla.-Credit unions will thank banks for bottom line growth in 2011, predicted Jim Park, who believes CUs will take checking and credit card share from the big boys.

    April 11
  • Growth strategies
    The Credit Union Question That Deserves To Be On An Episode of Mythbusters: Convenience

    RANCHO CUCAMONGA, Calif.-There are numerous tactics CUs can leverage to boost their bottom lines, but Eric Porter said one of the best places to start is to explode the myth that credit unions on not convenient.

    April 11
  • Growth strategies
    New Revenues Lie In Current Products

    BIRMINGHAM, Ala.-The answers to enhancing the bottom line don't lie in new initiatives. Instead, solutions can be found in existing products and processes.

    April 11
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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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