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  • CUJ content
    Two Marine Sergeants Charged In CU Holdup

    SAN DIEGO – Two off-duty Marine sergeants were charged yesterday with armed robbery in Saturday’s holdup at the California Coastal CU branch in La Mesa.

    November 2
  • Branch network
    Truliant FCU Opens First Student-Run Branch

    WINSTON-SALEM, N.C. – Ten students at East Forsyth High School have launched Winston-Salem’s first student-run credit union managed by Truliant FCU.

    November 2
  • CUJ content
    Brooklyn Cooperative CU Kicks Off ‘Stash For Cash’ Savings Sweepstakes

    BROOKLYN, N.Y. – Brooklyn Cooperative CU is offering its members up to $5,000 by playing in the credit union’s new savings contest, “Stash for Cash.”

    November 2
  • CUJ content
    PHH Reports Loss For Third Quarter

    MT. LAUREL, N.J. – PHH Corp., which operates the biggest mortgage bank for credit unions, reported a narrow loss of $8 million for its fiscal third quarter, down from a $52 million loss for the third quarter last year.

    November 2
  • CUJ content
    Jack Henry & Associates Had Strong Quarter

    MONETT, Mo. – Jack Henry & Associates reported a 29% surge in revenues for its fiscal first quarter, boosting net income by 21%.

    November 2
  • CUJ content
    MasterCard Reports Surge In Third Quarter Earnings

    PURCHASE, N.Y. – MasterCard reported a 15% rise in third quarter earnings yesterday, fueled by increased overseas spending on its cards.

    November 2
  • CUJ content
    Cardtronics Reports Strong Third Quarter Earnings

    HOUSTON – Cardtronics, the biggest ATM operator in the country, on Tuesday said strong revenue growth helped it double net income for the third quarter to $17.4 million.

    November 2
  • Growth strategies
    Syracuse’s Empower FCU Grows Through Merger

    SYRACUSE, N.Y. – Empower FCU, which has grown to $920 million through a series of mergers, has agreed to acquire Providers FCU, a troubled $10 million credit union here.

    November 2
  • Branch network
    River City FCU Inks Pact For Three In-Store Branches

    SAN ANTONIO – River City FCU reached an agreement with H.E. Butt Grocery Co. to open three new branches inside local H-E-B stores.

    November 2
  • CUJ content
    Hawaii State FCU Converts To Open Solutions’ DNA

    HONOLULU – Hawaii State FCU said it has signed with Open Solutions to implement the company’s DNA core relational platform for its processing needs.

    November 2
  • Branch network
    Altura CU Closes Branch

    RIVERSIDE, Calif. – Altura Credit Union is closing one of its two branches in Hemet, Calif., Credit Union Journal has learned.

    November 2
  • Corporate credit unions
    NCUA Boosts Size Of Second Corporate Offering Amid Big Demand

    WALL STREET – NCUA has increased the second offering of its corporate bailout bonds, expected to price this morning, to $3.76 billion from a planned $2.82 billion.

    November 2
  • CUJ content
    CUNA Steers Clear Of Negative Ads

    WASHINGTON – In a congressional campaign distinguished by its attack ads assailing candidates of both parties, CUNA and credit unions kept out of the mud by focusing on the positive.

    November 2
  • CUJ content
    CU Champion Ousted From Congress

    WILKES-BARRE, Penn. – In the biggest loss for credit unions in yesterday’s elections, Democrat Paul Kanjorski, the long-time credit union champion in Congress, last night lost his bid for a 14th term.

    November 2
  • Corporate credit unions
    WesCorp Directors Shift Blame To NCUA For Massive Corporate Failure

    LOS ANGELES – Former directors of WesCorp FCU urged a federal court today to dismiss a civil suit brought against them by NCUA, saying the federal regulator was well aware of what WesCorp managers were doing in the build-up to the failure of the one-time $34 billion corporate.

    November 2
  • CUJ content
    Office Manager, Husband Jailed For Staged $210,000 CU Heist

    WORCESTER, Mass. – The former office manager of Wyman-Gordon FCU and her husband were sentenced to federal prison yesterday for staging a 2002 robbery at the credit union when they stole $210,000.

    November 1
  • CUJ content
    HarborOne CU Donates $15,000 To Buy Marching Band New Uniforms

    BROCKTON, Mass. – HarborOne CU has contributed $15,000 to help the Brockton High School marching band buy new uniforms.

    November 1
  • CUJ content
    Members’ Suit Claims Telephonic Debt Collection Violates West Virginia Law

    MARTINSBURG, W.Va. – A husband and wife are suing Navy FCU claiming the credit union’s efforts to collect on an overdue car loan violated the West Virginia’s prohibition on debt collections over the telephone under the state’s Consumer Credit and Protection Act.

    November 1
  • Lending
    National Institutes of Health FCU Adds MBL Program

    ROCKVILLE, Md. – The National Institutes of Health FCU announced the launch of a new member business loan program for qualified professionals in Maryland, the District of Columbia, Virginia and West Virginia.

    November 1
  • Branch network
    Erie FCU Opens Wal-Mart Branch

    ERIE, Penn. – Erie FCU opened two new branches, one in a Wal-Mart Supercenter and another in a residential walk-up facility.

    November 1
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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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