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  • CUJ content
    CUNA Loses Gamble On Arizona House Race

    PHOENIX – CUNA’s unusual foray into Arizona’s congressional races ended badly Tuesday with its candidate, former state Sen. Jim Waring, finishing third in the 10-candidate Republican primary, despite $50,000 in partisan communications from CUNA in the days leading up to the election.

    August 25
  • CUJ content
    Gunman Spared Death Penalty In Guard Slaying During CU Heist

    DETROIT – An outcast outlaw who shot a guard to death during a 2001 robbery at Dearborn FCU branch was sentenced to life in prison yesterday after a jury deliberating on the death penalty could not come up with the required unanimous verdict.

    August 25
  • CUJ content
    NCUA Takeover Prevented Arrowhead Central CU From Selling Best Loans

    SAN BERNARDINO, Calif. – NCUA Chairman Debbie Matz told community leaders the agency’s June 25 conservatorship of Arrowhead Central CU was timed, among other things, to prevent the one-time $1.1 billion credit union from selling off its high-quality loans at a steep discount to an out-of-state credit union to raise much-needed capital.

    August 25
  • CUJ content
    Service Rep Charged With $53,000 Theft

    COLUMBUS, Ga. – A former member service rep at TIC FCU was charged yesterday with stealing $53,000 from two member accounts.

    August 24
  • CUJ content
    ‘XXXL Bandit’ Strikes CU Again

    HOUSTON – A large man who held up an Associated FCU branch inside a Kroger grocery store two weeks ago hit the same credit union again, according to police.

    August 24
  • CUJ content
    Fresno County FCU Launches ‘I Want My High Speed Train!’ Video Contest

    FRESNO, Calif. – Fresno County FCU is offering a $2,012 cash prize to the best video in a contest celebrating the proposal to bring high-speed rail to Fresno County.

    August 24
  • Payments
    American Eagle FCU Implements Dynamic Card Solutions’ Instant Card Issuing

    HARTFORD, Conn. – American Eagle FCU has signed with Dynamic Card Solutions to use the company’s instant card issuance for unembossed Visa debit cards at the branch level.

    August 24
  • CUJ content
    Complex Community FCU Adds Fiserv’s Portico Processing Platform

    ODESSA, Texas – Complex Community FCU said yesterday it signed with Fiserv to implement the company’s Portico account processing system in an online service bureau environment.

    August 24
  • CUJ content
    Insight CU Brings Back Exec For CEO’s Job

    ORLANDO, Fla. – Insight CU said yesterday Richard Simonton, its president and CEO the past two years, has departed and will be succeeded by George Davis, who worked as a senior executive at the $440 million credit union until 2007.

    August 24
  • CUJ content
    1st Financial FCU Names Former NCUA Examiner As CEO

    ST. CHARLES, Mo. – 1st Financial FCU, one-time credit union for McDonnell Douglas aircraft, said yesterday it promoted Frank Nelson, its president and chief operating officer, to be CEO of the $220 million credit union.

    August 24
  • Branch network
    America’s CU Buys HQ Of Failed Bank

    FORT LEWIS, Wash. – America’s CU has agreed to acquire the former headquarters of Venture Bank, which failed a year ago.

    August 24
  • Lending
    Controversial CU Payday Loan Operation Ceases

    SALT LAKE CITY – A credit union-owned payday loan operation that raised the ire of consumer activists in recent months apparently has stopped making the high-interest loans, amid questions on the annual percentage rate charged borrowers.

    August 24
  • CUJ content
    Dykstra Outlines Agenda As California League Chief

    SAN FRANCISCO – Diana Dykstra, the newly named president and CEO of the California and Nevada Credit Union Leagues, said pursuing capital relief will be one of the first priorities in her new job.

    August 24
  • CUJ content
    NCUA Treads Above NCUSIF Waterline

    ALEXANDRIA, Va. – NCUA said the reserve ratio for the National CU Share Insurance Fund remained just above the 1.2% mark for July but is projected to fall below the magic number by the end of August, triggering a requirement to bring Congress into deliberations for replenishing reserves.

    August 24
  • CUJ content
    California League Names Well-Known CU Exec Diana Dykstra New CEO

    RANCHO CUCAMONGA, Calif. – The California/Nevada CU Leagues announced the hiring of Diana Dykstra, the president of $760 million San Francisco Fire CU since 2004, as its new president and CEO.

    August 24
  • Branch network
    Rogue FCU Eyes New High School Branch

    MEDFORD, Ore. – Rogue FCU is planning to open a student-run branch in North Medford High School, which will be the $485 million credit union’s fourth local in-school branch.

    August 23
  • Lending
    St. Anne’s CU Leads Way For MassHousing Affordable Lending

    FALL RIVER, Mass. – St. Anne’s CU was recognized as the leading lender for MassHousing, the state’s affordable housing agency.

    August 23
  • CUJ content
    Genisys CU Partners With FamilyMint On Financial Ed

    AUBURN HILLS, Mich. – Genisys CU has joined FamilyMint, a local company that focuses on financial education for kids, to provide programs “helping kids appreciate money.”

    August 23
  • CUJ content
    Cardinal Community CU Names New CEO

    MENTOR, Ohio – Cardinal Community CU announced yesterday it hired Christine Blake, a senior manager at accounting firm KPMG Peat Marwick LLP, as president and CEO of the $150 million credit union.

    August 23
  • Payments
    CommunityAmerica CU Converts Cards Processing To PSCU Financial

    KANSAS CITY, Mo. – CommunityAmerica CU said yesterday it signed a five-year credit, signature/PIN debit, and ATM processing contract with PSCU Financial Services.

    August 23
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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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