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Market Intelligence:
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  • Technology
    AMOCO FCU Offers e-Signature With Integrated Media Management

    TEXAS CITY, Texas – AMOCO FCU has improved its overall lending volume with the deployment and capabilities afforded through Integrated Media Management’s TotaleAtlasWeb, the company’s remote signature capture and secure document delivery solution.

    October 19
  • Technology
    PenFed Offers Remote Deposit From Fiserv

    ALEXANDRIA, Va. – Pentagon FCU has implemented Consumer Source Capture from Fiserv to allow its members to make deposits any time from the convenience of their homes.

    October 19
  • Technology
    Mountain America CU Adds Remote Deposit Capture To Its Mobile Banking

    WEST JORDAN, Utah – Mountain America CU has added mobile remote deposit capture capabilities to its mobile banking platform, enabling members to securely deposit checks with a camera-equipped smart phone, providing the added convenience of anytime, anywhere deposits.

    October 19
  • Payments
    Signal Financial FCU Pilots CO-OP Financial’s Revelation Card Analysis Program

    KENSINGTON, Md. – Signal Financial FCU said it has increased the signature debit usage of its cardholding members by 80% through CO-OP Financial Services’ Revelation, a Web-based tool that gives it the ability to analyze cardholder transaction data.

    October 19
  • CUJ content
    Manager Denies Staging $210,000 CU Heist

    WORCESTER, Mass. – The former officer manager for Wyman-Gordon FCU took the stand yesterday during her fraud and embezzlement trial and denied she and her husband faked the 2002 robbery of $210,000 from the credit union.

    October 19
  • Lending
    CUNA Lending Council Chair IDs Major Issues Facing CUs

    LAS VEGAS – Three issues dominate the credit union lending space: a search for loan growth, portfolio problems and regulations.

    October 19
  • CUJ content
    Bay Federal Embarks On ‘Mutual Profitability’ Plan

    LAS VEGAS – After making the difficult decisions to close two branches and lay off 18% of its staff in 2009, Bay Federal Credit Union is embarking on an overhaul of how it prices its products according to the member who is using them.

    October 19
  • CUJ content
    IRS Drops UBIT Bid In Victory For State Chartered CUs

    WASHINGTON – The Internal Revenue Service on Tuesday abandoned an appeal of a ruling favoring Bellco CU in the Denver credit union’s challenge of the unrelated income tax, or UBIT, handing state chartered credit unions a second legal victory over the IRS in the past 12 months.

    October 19
  • CUJ content
    CUNA Pours More Funds Into Close Congressional Races

    WASHINGTON – CUNA increased its bets this afternoon on two endangered congressional allies and one newcomer, financing $102,000 of independent ads–separate from the candidates’ official campaigns–just two weeks before election day.

    October 19
  • CUJ content
    Late Telephone Worker Served 45 Years On Taleris CU Board

    PARMA, Ohio – Joseph Coleman, a longtime worker for the Ohio Bell Telephone Co. who served 45 years on the company’s credit union, now called Taleris CU, died Oct. 9 at 75.

    October 18
  • CUJ content
    Michigan First CU Holds Halloween Car Sale

    LATHRUP VILLAGE, Mich. – Michigan First CU is promising members and non-members Wicked Deals on Wonderful Wheels with a Halloween car sale of used and new vehicles.

    October 18
  • Payments
    PenFed Gives Cash Back On Visa Rewards Card

    ALEXANDRIA, Va. – Pentagon FCU is offering 3% cash back on electronics and sporting good purchases on its PenFed VISA Platinum Cash Rewards Card.

    October 18
  • Technology
    Ventura County CU Implements S1's Mobile Solution

    VENTURA, Calif. – Ventura County CU has installed S1 Corp’s mobile banking application.

    October 18
  • Technology
    University FCU Signs With Firethorn For Mobile Banking

    AUSTIN, Texas – University FCU has contracted with Firethorn Holdings LLC, a unit of Qualcomm Inc., to provide its members with mobile banking services.

    October 18
  • CUJ content
    From Teller Line To CEO’s Office At Michigan’s North Central Area CU

    HOUGHTON LAKE, Mich. – North Central Area CU said it has appointed Jacci Pothoof, who started working at the credit union 25 years ago as a part-time teller, as president and CEO of the $75 million institution.

    October 18
  • CUJ content
    Affinity FCU Broker Wins $925,000 Arbitration Award in Whistleblower Case

    BASKING RIDGE, N.J. – A former broker for Affinity FCU’s Affinity Investment Services LLC, who claimed she was fired after complaining about alleged wrongdoing in the investment CUSO, was awarded a $925,000 judgment by the broker-dealer regulatory agency, the Financial Industry Regulatory Authority, or FINRA.

    October 18
  • Lending
    Emery FCU Pilots Mortgage Program For Non-Profits

    CINCINNATI – Emery FCU will become the first lender to provide mortgages through a new online origination and pricing platform being launched by NeighborWorks America, a community development intermediary.

    October 18
  • Corporate credit unions
    U.S. Central’s Auditor BDO Seidman Subpoenaed In Corporate Suit

    BIRMINGHAM, Ala. – Corporate America CU, which is suing officers and directors of U.S. Central FCU over an ill-fated 2008 conversion of corporate capital that was wiped out soon after, has subpoenaed the records of U.S. Central’s auditor, BDO Seidman.

    October 18
  • CUJ content
    Members HELOC Funds Ended Up In Hong Kong

    PHILADELPHIA – Sb1 FCU is still trying to find out how identity thieves were able to tap into a member’s home equity line of credit, steal his private information – including passwords – and convince the credit union to wire $220,000 from the HELOC to an unrelated account in Hong Kong.

    October 18
  • CUJ content
    SkyOne FCU Flies Higher By Absorbing Two Airlines CUs

    HAWTHORNE, Calif. – SkyOne FCU, the former Civil Aeronautics Administration employees credit union, said it has agreed to acquire two smaller airline credit unions, Pacific Advantage FCU, which serves Japan Airlines, and Cypress West FCU, the credit union for Australia’s Quantas Airways.

    October 18
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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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