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Market Intelligence:
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Industry Data
  • Lending
    Rate Marketing, Balloon Loans Working Out

    HAUPPAUGE, N.Y.-Balloon loans, "rate marketing," and leasing can help credit unions compete with low new car rates.

    October 4
  • Corporate credit unions
    How Two Game Changers Got Lost In Shuffle

    OVERLAND PARK, Kan.-With so many things in the financial services world crashing down around credit unions, it was easy to miss the two big game changers that would have remodeled corporates regardless of the new corporate rule out of NCUA.

    October 4
  • Corporate credit unions
    Legal Action May Be Moot Point

    ALEXANDRIA-Although the corporate plan does offer the opportunity for credit unions to file legal claims-and, indeed NCUA is already sending out claims receipts-the agency's Scott Hunt repeatedly noted that it is "extremely unlikely" there will be anything left to make good on those claims.

    October 4
  • CUJ content
    Now in the Market

    CSCU: Small Biz Cards Strong

    October 4
  • When That Safe Bet Doesn't Turn Out to Be So Safe

    If I had told you three or four years ago that in September of 2010 NCUA would be making a major announcement related to corporate credit unions, you would have told me "Stop right there, I already know what it will be, sure as John McCain has the presidency in 2008 all locked up."

    October 4
  • Measurement + Research = Improvement, Innovation

    Today's economy demands your credit union be thoughtfully, skillfully managed. And as the adage reminds us: You can't manage what you don't measure.

    October 4
  • CARD Act May Be Hitting Banks Harder, But CUs Can't Be Complacent

    Though the CARD Act may be expected to hurt banks more than credit unions, we should not take that as a reason to be complacent.

    October 4
  • E-Signatures Required For Eco-Benefits

    Although faxing a document to a member asking for "wet" signature has worked great over the years, there is still one huge problem that remains — and that's paper.

    October 4
  • Cheney Should Not Be Judged On Corporates

    As a member of the CUNA board of directors who approved the hiring of Bill Cheney that we took his service on the US Central and WesCorp boards into careful consideration.

    October 4
  • Technology
    NavyArmy FCU Pilots Diebold’s Mobile Banking Solution

    CORPUS CHRISTI, Texas – NavyArmy FCU has signed with ATM maker Diebold to implement the company’s new mobile banking solution.

    October 4
  • CUJ content
    Man Dressed As Woman Robs CU

    ST. LOUIS – Police and the FBI are looking for a man who dressed as a woman to rob a branch of Vantage Credit Union here.

    October 3
  • Growth strategies
    Two Oregon CUs Exploring Merger

    SPRINGFIELD, Ore. – Northwest Community CU and Mid Oregon FCU in Bend have announced plans to merge.

    October 3
  • CUJ content
    FDIC Shutters Two More Banks

    WASHINGTON – The FDIC shuttered two more banks over the weekend.

    October 3
  • CUJ content
    Top Credit Union Brands Are Identified

    BIRMINGHAM, Ala. – Bancography, a financial services consulting firm, has released the 2010 rankings for its Bancography Brand Value Index (BBVI), which it calls a “quantitative ranking of the brand strength of all U.S. banks and credit unions.”

    October 3
  • CUJ content
    CU To Deliver Moon And The Stars

    LEBANON, Ore. – Linn County FCU is delivering the moon and the stars to its community later this week.

    October 3
  • CUJ content
    Michigan CU, Bank Settle Differences Over Name

    LATHRUP VILLAGE, Mich. – Michigan First Credit Union and First Michigan Bank, of Troy, Mich., said they have amicably resolved a trademark dispute between the two institutions over the similarities of their names.

    October 3
  • Lending
    OCC Orders Top Servicers To Review Practices

    WASHINGTON – The Office of the Comptroller of the Currency has ordered seven of the nation's largest residential bank servicers to review their foreclosure processes in the wake of revelations by Ally Financial that it had cut corners when taking title to homes backed by delinquent mortgages.

    October 3
  • Lending
    Mortgage Servicing Industry Abuzz Over Revelations

    NEW YORK – Recent revelations that Ally Financial Inc. and JPMorgan Chase & Co. may have cut corners on their foreclosure paperwork have sent the servicing industry into a tizzy, with concerns being raised about massive delays in foreclosures and a reduction in company ratings.

    October 3
  • CUJ content
    Oversight Committee Holds First Meeting

    WASHINGTON – The Financial Stability Oversight Council held its first meeting Friday, with members of the panel, which includes NCUA, facing open doubts from lawmakers and others about how fast it can move and what it can accomplish.

    October 3
  • CUJ content
    CUs Subject Of Another Bailout Headline

    NEW YORK – Less than a week after the Wall Street Journal ran the headline “Credit Unions Bailed Out” over a story about NCUA placing three more corporates into conservatorship, the newspaper headlined another story about CUs “Credit Unions Receive TARP Bailout Funds.”

    October 3
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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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