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Market Intelligence:
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  • Technology
    E&P FCU Adds EasCorp’s DeposZip Remote Deposit Capture

    WASHINGTON – E&P FCU said it signed with EasCorp FCU’s Vertifi Software LLC CUSO to offer Vertifi’s DeposZip remote deposit capture solution to its members.

    January 18
  • Payments
    Quincy CU Signs With Fifth Third Processing

    QUINCY, Mass. – Quincy CU has signed a credit card processing deal with Fifth Third Processing Solutions.

    January 18
  • Performance reports
    PCM Employees CU Pays $534,000 Year-End Bonus

    GREEN BAY, Wis. – Members of PCM Employees CU received a $534,000 bonus to start of the new year as part of the credit union’s annual loan rebate.

    January 18
  • Corporate credit unions
    Subpoenas Target Ousted Directors Of U.S. Central

    BIRMINGHAM, Ala. – Corporate America CU last Friday subpoenaed the records of the corporate credit unions run by the ousted directors of U.S. Central FCU as part of its suit challenging the ill-fated $450 million capital offering by U.S. Central in December of 2008 that was wiped out by losses only weeks later.

    January 18
  • CUJ content
    Member Confidence Slumps At CUs

    RIVERWOODS, Ill. – Consumer confidence continues to slide for credit union members, both regarding the overall economy and their own finances, according to a new survey released yesterday by Discover Financial Services.

    January 18
  • Corporate credit unions
    NCUA Launches New Offering Of Corporate Bailout Bonds

    WALL STREET – NCUA plans to sell another $1.5 billion of corporate bonds later this week, resuming its efforts to raise funds to finance the corporate credit union bailout.

    January 18
  • CUJ content
    Longtime CU Employee Jailed For $330,000 Embezzlement

    NORTH CHARLESTON, S.C. – A former risk management analyst at South Carolina FCU was sentenced to 30 months in prison Friday for a fraud scheme that drained as much as $330,000 from accounts that belonged to a dead woman, deployed military personnel and others.

    January 17
  • CUJ content
    Restaurant Caught In Battle Of CU Loans Gone Bad

    BATTLE CREEK, Mich. – Kellogg Community FCU has asked a court to order the sale of a local restaurant to help pay off debts owed by a city commissioner.

    January 17
  • Technology
    Florida Central CU Adds Connect Financial’s P2P Service

    TAMPA, Fla. – Florida Central CU last week said it signed with Connect Financial Software Solutions to implement the company’s Online Financial Management and person-to-person payment solutions.

    January 17
  • CUJ content
    Leominster CU Pledges $25,000 To Local College

    FITCHBURG, Mass. – Leominster CU gave $25,000 to Fitchburg State University and committed to funding two annual $500 scholarships to students from Worcester County who are involved in community service, the university announced yesterday.

    January 17
  • Branch network
    Jeanne D’Arc CU Celebrates 100th Birthday With New HQ

    LOWELL, Mass. – Jeanne D’Arc CU, chartered almost a century ago, last week announced it bought two new buildings a block from its longtime offices where it plans to site a new headquarters.

    January 17
  • Branch network
    Pacific Marine CU HQ Moves Off Base

    OCEANSIDE, Calif. – Pacific Marine CU, chartered to serve employees at the Marine Corp.’s Camp Pendleton, has moved off base as it plans to expand its field of membership.

    January 17
  • CUJ content
    NMTW Community CU’s Pro Hockey Promo On Thin Ice

    LOWELL, Mass. – NMTW Community CU is giving its members a chance to skate with Boston Bruins star Milan Lucic.

    January 17
  • CUJ content
    Marketing Play Tied To NBA’s Three-Point Shots

    INDIANAPOLIS – Indiana Members CU last week said it will donate $33 to the Shepherd Community Center every time Indiana Pacers basketball star Danny Granger makes a 3-point shot.

    January 17
  • Growth strategies
    Colorado’s Westerra CU Expands Market

    DENVER – State regulators last week approved a request from Westerra CU to add 700,000 residents in two new counties, Adams and Douglas to its field of membership.

    January 17
  • Performance reports
    Dow Chemical Employees CU Shares $6 Million With Members

    MIDLAND, Mich. – Dow Chemical Employees CU paid members $5.7 million in rebates and rewards to celebrate the new year, one of the biggest payouts for 2010.

    January 17
  • Corporate credit unions
    Opposition Mounts To NCUA Bid To Spread Costs Of Corporate Resolution

    ALEXANDRIA, Va. – NCUA’s proposal to spread the growing costs of the corporate credit union restructuring to privately insured credit unions, CUSOs and league members of corporates is creating a firestorm, with some promising a legal challenge if the measure is enacted.

    January 17
  • CUJ content
    Top Tech For 2011

    WEST PALM BEACH, Fla.-Some critical technologies for 2011, referenced by the CUNA Technology Council during the Credit Union Journal "Looking Forward" roundtable:

    January 17
  • Technology
    Select Personnel, Select Access

    MALVERN, Penn.-Framework's case-management and permissions features allow SchoolsFirst to control which employees see confidential data, said Eric Snyder, Akcelerant's EVP-business development.

    January 17
  • Technology
    Why Video Is Worth Considering

    MARION, Ohio — Video overlay may entice people to spend more time at a website, according to Lyle Heller, VP at CU-VO.

    January 17
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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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