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Market Intelligence:
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  • C-suite
    Government credit union veteran named interim CEO of U.S. Senate FCU

    Timothy L. Anderson, who has held C-level positions at a number of other credit unions, including Government Printing office FCU and Treasury Department FCU, has taken over following CEO Kenneth Kramer's departure.

    By Michael Bartlett
    July 22
    Timothy L. Anderson was named interim CEO of United States Senate Federal Credit Union in July 2019
  • Succession planning
    Succession planning for the C-suite? Try the whole credit union instead

    A hot job market and the ongoing wave of CEO retirements mean credit unions need to be thinking well beyond the corner office when considering recruitment and retention.

    By Melissa Angell
    Reporter
    July 22
    Succession employee retention - CUJ 071819 (1).jpeg
  • Succession planning
    Political insider is Connecticut league's next CEO

    Bruce Adams, who previously served as general counsel to Connecticut Lt. Gov. Nancy Wyman, will join the Credit Union League of Connecticut next month.

    By Michael Bartlett
    July 19
    Bruce Adams CU League of Connecticut
  • Corporate philanthropy
    Flood relief, 'fore!' and more: Credit unions in the community

    From Red Cross donations to charity golf outings, scholarships for educators and more, here's another look at how credit unions are giving back.

    By Melissa Angell
    Reporter
    July 19
    United CUJ 71819.png
  • The biggest mistake with data privacy

    The California Consumer Privacy Act goes into affect next year and other states are likely to follow suit. Credit unions need to evaluate their data management practices.

    July 19
    John Krpan
    Focal Pointe Group
  • Small business lending
    Forgotten SBA loan program gets new life

    As budget questions loom over the most popular Small Business Administration loans, lenders have embraced the previously overshadowed 504 program after a key policy tweak.

    John Reosti Author Image
    By John Reosti
    Reporter
    July 19
    SBA 504 lending program volume over five years
  • CRE
    Banks, appraisers assail NCUA rule as 'bad public policy'

    The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.

    John Reosti Author Image
    By John Reosti
    Reporter
    July 18
    credit union CRE data - CUJ 071819.jpeg
  • Economy
    Credit unions see drops in commercial, auto lending: Report

    Credit unions reported gains in a number of key areas but member business lending and new auto loans took a hit as overall growth continued to slow.

    By Michael Bartlett
    July 18
    Steve Rick, chief economist at CUNA Mutual Group
  • Career moves
    Taking on new challenges: Professionals on the move

    A number of credit unions have promoted employees from within their ranks while others have announced new hires.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    July 18
    p1a348auk3kaf182563i1m8j1hag1h.jpg
  • CUJ content
    Video for Turning 360º of data into actionable insights
    July 18
    Video for Turning 360º of data into actionable insights
  • CECL
    Emboldened by CECL delay, industry seeks repeal

    After FASB's decision to give most credit unions and banks extra time to prepare, lobbying groups are pushing for more.

    John Reosti Author Image
    By John Reosti
    Reporter
    July 18
    CUJ 062719-CECL prep.jpeg
  • Earnings
    First Financial of Maryland on track to exceed 2018 dividend payouts

    The Lutherville, Md.-based credit union returned $1.25 million to members in the first half of the year, on the heels of a $2M payout last year.

    By Michael Bartlett
    July 17
    Eric Church, CEO of First Financial of Maryland FCU
  • M&A
    Corporate America Family Credit Union snaps up Illinois bank

    The purchase of Ben Franklin Bank is the latest deal in a year that has seen a record number of CUs buying out the competition.

    By Melissa Angell
    Reporter
    July 17
    Credit union-bank deals in 2019
  • Marketing
    Police Credit Union’s new name reflects expanded FOM

    The institution was formerly known as SF Police CU but can now serve law enforcement officers statewide.

    By Michael Bartlett
    July 17
    p1ajor6iia17ugp4l4mo1fr611icm.jpg
  • ADA
    Appeals court tosses ADA suit against Aurora Policemen Credit Union

    The bench upheld a lower court's ruling that the plaintiff did not suffer an "injury-in-fact." Several judges previously made similar rulings.

    By Michael Bartlett
    July 17
    gavel-fotolia.jpg
  • Data and information management
    How data analytics will dictate the future of strategic planning

    Credit unions are slowly embracing the impact data analytics can have on the bottom line, but experts say goal-setting and measurable achievements must also be a part of the process.

    By Michael Bartlett
    July 17
    CUJ 071219-Data use.jpeg
  • Career moves
    Wescom Resources Group promotes from within for new president

    David Cerwinski, who joined the CUSO in 2006, was appointed president of the technology provider.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    July 16
    David Cerwinski, president of Wescom Resources Group
  • Professional development
    Prime time for hiring: Professionals on the move

    Credit unions across the country continue to bulk up their staff at all levels of the organization.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 16
    p19h1mb7875njuqj1v371kt2n76.jpg
  • Libra
    Credit union trade groups to Facebook: Not so fast

    NAFCU and CUNA expressed concerns about the social media giant's proposed cryptocurrency, including reiterating calls for Congress to act on data security.

    By Melissa Angell
    Reporter
    July 16
    p19jtgk7741bi51ldj1rr01bjba0d7.jpg
  • Economy
    CUNA Mutual study finds consumer sentiment on the decline

    Respondents rated their chances of reaching the American Dream lower this year than they did in the fall amid talk of a potential recession.

    By Melissa Angell
    Reporter
    July 16
    CUJ-71619-recession.jpeg
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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

Download the American Banker app

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