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  • Branch network
    Service CU Plans 100,000-Square-Foot Headquarters

    PORTSMOUTH, N.H. – Service CU, a fast-growing $1.8 billion defense credit union, is preparing a proposal to build a 100,000-square-foot corporate headquarters in the city's recently adopted “Gateway District.”

    October 27
  • Branch network
    $1 Land Deal Advances $20 Million University Of Iowa CU Headquarters Project

    NORTH LIBERTY, Iowa – The North Liberty City Council on Tuesday night voted to approve the purchase and transfer of land for a new University of Iowa Community CU office building, a 100,000-square-foot structure projected to cost $20 million to build.

    October 27
  • Corporate credit unions
    Iowa Corporate Plans Alternative To Restructuring

    DES MOINES – The Iowa Corporate CU, the nation’s smallest corporate credit union, has signed a preliminary agreement with the National Cooperative Bank that will allow its 140 credit union members to join the cooperative bank and access its correspondent services as the corporate winds down its business.

    October 27
  • CUJ content
    Earnings Jump At NCR

    DULUTH, Ga. – NCR, the leading manufacturer of ATMs and self-service financial kiosks, announced yesterday that third quarter earnings soared more than fivefold in the third quarter amid growth in orders and revenue.

    October 26
  • CUJ content
    Fiserv Reports Strong Third Quarter Earnings

    BROOKFIELD, Wis. – Fiserv reported a 15% rise in third quarter earnings yesterday, to $132 million, despite a tepid 3% rise in revenues, because expenses rose less than 2% for the quarter.

    October 26
  • CUJ content
    Metavante Deal Fuels Surge At Fidelity National Information

    JACKSONVILLE, Fla. – Fidelity National Information Services yesterday reported sharply higher revenues and net income for its fiscal third quarter, due mostly to last year’s acquisition of Metavante Technologies.

    October 26
  • CUJ content
    Cross-Country String Of Heists Sends Bank Robber Back To Prison

    MIAMI – A paroled bank robber who began a multi-state string of 10 holdups at University of Wisconsin CU was returned to prison this week, this time for more than 12 years.

    October 26
  • CUJ content
    Ex-Manager At iQ CU Branch Jailed For $60,000 Cash Theft

    VANCOUVER, Wash. – A former assistant manager at the Ridgefield branch of iQ CU on Monday was sentenced to seven months in jail for stealing $60,000 from a cash vault and cash-dispensing machines.

    October 26
  • Lending
    Universal Studios Mall Bankruptcy Leaves Telesis Community CU Holding The Bag On $11 Million MBL

    ORLANDO, Fla. – International Shoppes LLC, owner of the Windmere shopping center across from the Universal Studios theme park, filed a Chapter 11 bankruptcy petition on Oct. 21, listing Telesis Community CU as the biggest creditor.

    October 26
  • Technology
    Educational Systems FCU Adds Geezeo’s Social Networking System

    GREENBELT, Md. – Educational Systems FCU has selected Geezeo to provide a personal financial management solution and integrated marketing platform.

    October 26
  • Technology
    New England FCU Launches Code Green’s TrueDLP Data Loss Software

    WILLISTON, Vt. – New England FCU has implemented Code Green Network’s TruDLP data loss prevention solution.

    October 26
  • Branch network
    Scott CU Moves Forward With $12 Million Headquarters Project

    COLLINSVILLE, Ill. – Scott CU said it plans to break ground early next year on a $12 million, three-story, 51,000-square-foot headquarters in nearby Edwardsville.

    October 26
  • CUJ content
    Pen Air Invests $50,000 In ‘Extreme Makeover’ For Needy Family

    PENSACOLA, Fla. – Pen Air FCU will provide up to $50,000 in home maintenance and tax expenses over the next few years for a needy local family who won a new home as part of this year’s Extreme Makeover contest.

    October 26
  • CUJ content
    Kanjorski Bid May Come Down To Turnout Of CU Members

    NANTICOKE, Penn. – More than a thousand people, hundreds of them credit union faithful, crowded the tiny gym at Nanticoke High School yesterday where former President Bill Clinton exhorted them to turn out the vote for embattled Rep. Paul Kanjorski, the congressional credit union champion.

    October 26
  • Performance reports
    Cards Are Still Cold For Las Vegas CUs

    LAS VEGAS – The dire economy here – which is fueling the most bitterly fought Senate race – continues to hold down the state’s credit unions, most of which reported losses again for the third quarter.

    October 26
  • CUJ content
    Tucson Police Hunt ‘Manila Bandit’

    TUCSON, Ariz. – Police are searching for a man who robbed three area institutions, including Pyramid CU yesterday, and stuffed the stolen cash into a manila envelope he was carrying.

    October 25
  • CUJ content
    School CU Manager Indicted On Theft Charges

    NORWOOD, Mass. – A middle school vice principal who ran the now-defunct Norwood School Employees CU on Monday was charged by a state grand jury with embezzling from the tiny credit union for school employees.

    October 25
  • Growth strategies
    Purdue Employees FCU Rebrands With Merger Of Small CU

    WEST LAFAYETTE, Ind. – Purdue Employees FCU said it is dropping the “Employees” from its name to avoid any confusion on membership eligibility, as it acquires $6 million Members United FCU of nearby LaPorte, Ind.

    October 25
  • Technology
    City CU Adds Passageways’ Intranet Portal

    DALLAS – City CU has signed with Passageways LLC to provide its employee intranet portal.

    October 25
  • CUJ content
    OMNI CU Donates 1,000 Backpacks To Needy Students

    BATTLE CREEK, Mich. – OMNI CU has contributed 1,000 backpacks to support school children in need throughout southwest Michigan.

    October 25
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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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