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Market Intelligence:
AI
Payments
Research
  • Career moves
    Recognizing achievements: Professionals on the move

    Credit unions have made new hires and announced promotions while others are celebrating staff and directors being given awards.

    By Palash Ghosh
    June 4
    clapping
  • M&A
    Credit union-bank merger wave reaches Arizona

    Arizona Federal Credit Union said its deal to buy Pinnacle Bank is the first of its kind in the Grand Canyon State.

    By Palash Ghosh
    June 4
    Arizona FCU
  • How blockchain can transform credit union operations

    From improving call center operations to advancements in voice banking and more, distributed ledger technology has the potential to radically improve data security.

    June 4
    Julie Esser
    Julie Esser
    CULedger
  • ATMs
    Purchase deal grows Dolphin Debit's credit union roster

    The Houston-based ATM management firm has purchased Outsource ATM, which primarily served banks and credit unions in Texas and Louisiana.

    By Melissa Angell
    Reporter
    June 4
    Gary Walston, co-founder of Dolphin Debit
  • Succession planning
    Services Center Federal Credit Union taps insider as next CEO

    April Tompkins has been chief operating officer at the South Dakota-based institution for three years.

    By Michael Bartlett
    June 4
    April Tompkins Services Center FCU
  • M&A
    Credit Union ONE buys Hantz Bank for expansion into Ohio

    The Michigan-based institution is one of a handful of credit unions that have bought or announced deals to acquire banks over the last two years.

    By Palash Ghosh
    June 3
    CU One Members
  • cuj bulletin lead
    Week Ahead: FCC's robocall rules in spotlight

    The Federal Communications Commission is expected to consider changes that would allow consumers to block calls from numbers not on their contacts list while the House should vote to extend the National Flood Insurance Program.

    By Melissa Angell
    Reporter
    June 3
    A close up of the capital building with an American flag
  • Postal banking? Let credit unions deliver the goods

    The credit union movement is uniquely positioned to partner with the U.S. Postal Service as a way to increase consumers' access to affordable financial services.

    June 3
    Anthony Hernandez
    Anthony Hernandez
  • cuj daily briefing lead
    Will credit unions’ reputation be the next victim of medallion fallout?

    Credit unions often tout their member-friendly nature but recent coverage of how the movement handled taxi medallion loans could open the industry up to a reputational hit.

    By Melissa Angell
    Reporter
    June 3
    New-Medallion-53119 (1).jpeg
  • Growth strategies
    Credit unions in Michigan's Upper Peninsula finalize merger

    Embers Credit Union and Upper Michigan Community CU will open their doors as a merged institution on June 3, nearly a year after members voted to approve the deal.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 31
    Embers-UMCCU net income trends CUJ 053119.jpeg
  • Auto lending
    Auto lending is old-fashioned. Here's how credit unions are remaking it

    A look back at Credit Union Journal's May 2019 special report on auto lending.

    By Credit Union Journal staff
    May 31
    p1997o5nsvve616131h5k1pfvn6nb.jpg
  • Corporate philanthropy
    Splashing into summer: Credit unions in the community

    Some institutions are gearing up for the warm weather by providing free ice cream, scholarships to graduating seniors and donations to revamp recreation centers.

    By Melissa Angell
    Reporter
    May 31
    Southland Credit CUJ 52919.jpg
  • Financial crimes
    NCUA bans two from industry in May prohibition notices

    A former employee from a New York credit union pleaded guilty to theft and tax evasion while another was accused of falsifying records.

    By Melissa Angell
    Reporter
    May 31
    ncua 2
  • Credit unions can't afford to be scared of machine learning

    New technologies can increase lending and reduce risk but many management teams don't know where to begin with implementing them.

    May 31
    Jay Budzik
    Jay Budzik
    ZestFinance
  • Career moves
    Welcome aboard: Professionals on the move

    In a strong labor market, credit unions and industry groups are adding new employees at a vigorous pace. Here are some of the latest new hires and promotions.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 30
    p19mq68v3r87u1ee51edo15ko1fmlf.jpg
  • M&A
    Merger scrapped, troubled taxi medallion credit union moves ahead

    A planned merger between Van Cortlandt Cooperative FCU and USAlliance FCU was called off despite approval from regulators.

    By Melissa Angell
    Reporter
    May 30
    VCUJ52919 (1).jpeg
  • M&A
    St. Cloud Financial Credit Union to pick up small Minn. institution

    Members at Starcor Credit Union have approved the merger into St. Cloud Financial.

    By Melissa Angell
    Reporter
    May 30
    Starcor-CUJ-53019.jpeg
  • State regulators
    Alabama Credit Union Act update signed into law

    The revised statute provides clarity on director travel, supervisory committees, conservatorship and more.

    By Michael Bartlett
    May 30
    Jason Cochran, senior director of governmental affairs at the League of Southeastern Credit Unions
  • Law and regulation
    Could FCC's robocall rule drive a wedge between CUs and members?

    The industry is so worried that a proposed FCC rule could hamper communications with members that some trade groups are seeking help from an unlikely ally -- the Consumer Financial Protection Bureau.

    By Michael Bartlett
    May 30
    CUJ 052919 Robocall stats.jpeg
  • Succession planning
    Teachers Federal Credit Union lands retail banking veteran as CEO

    Brad Calhoun, the former chief retail and marketing officer at First Tech FCU in Oregon, will replace Robert Allen, who is retiring from Teachers.

    By Melissa Angell
    Reporter
    May 29
    Brad Calhoun, Teachers
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