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Market Intelligence:
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  • CUJ content
    Yolo FCU Asks Public To ‘Give A Click’ To Award Community Grant

    WOODLAND, Calif. – Yolo FCU is asking the public to participate in an online poll to determine which of three community organizations should receive its $1,500 “Give A Click” grant.

    August 22
  • CUJ content
    Argonne CU Acquires Prairie Trail CU

    ROMEOVILLE, Ill. – Argonne CU said it has agreed to merge into it Prairie Trail CU, a $70 million credit union in nearby Joliet, to create a $280 million credit union.

    August 22
  • CUJ content
    Hannaford Bros CU Shops For New Identity

    PORTLAND, Maine – Hannaford Associates FCU, tainted by the nationwide data security breach at its corporate sponsor Hannaford Bros. supermarket that touched hundreds of credit unions and banks, announced it is changing its name while doubling its size to $68 million by combining with nearby Alliance of Maine FCU.

    August 22
  • CUJ content
    New Rules On Gift Cards Now Effective

    WASHINGTON – New federal rules regulating fees and expiration dates for all gift cards went into effect Sunday, whether the cards are sold by a merchant, shopping center, credit union or bank.

    August 22
  • CUJ content
    Landmark CDFI Is Among Eight More Bank Failures

    CHICAGO – ShoreBank, a nationally known community development bank that helped mold the Treasury Department’s Community Development Financial Institutions program 12 years ago, was shuttered by regulators Friday, one of eight bank failures.

    August 22
  • CUJ content
    Losses Force More Layoffs At Kern Schools FCU

    BAKERSFIELD, Calif. – Kern Schools FCU, which closed four branches and laid off 40 employees in February, let go another seven workers Friday, including one vice president, as losses continued in the first half of the year.

    August 22
  • CUJ content
    Regulator Clears Merger Of Troubled Florida CU

    TALLAHASSEE, Fla. – The Florida Office of Financial Regulation last week approved the planned merger of Bay Gulf CU, an ailing one-time $220 million credit union, into MidFlorida CU, the state’s seventh-largest credit union with $1.4 billion in assets.

    August 22
  • CUJ content
    Arizona Congressional Primaries Attract CU Money

    PHOENIX – In an unusual foray into congressional primaries, CUNA provided $50,000 last month to the Arizona CU League to communicate with the state’s credit union members to help push state Sen. Jim Warring over the top in the ten-candidate field in tomorrow’s Republican primary for the state’s third congressional district.

    August 22
  • CUJ content
    Hospital Gift Is Biggest Ever By A CU

    ASHEVILLE, N.C. – State Employees’ CU said its SECU Foundation, which has provided millions of dollars to state organizations over the past five years, has pledged $5 million to help Mission Hospital complete its new $59 million cancer center, the biggest charitable donation ever by a credit union.

    August 22
  • CUJ content
    One CU's Pet Project

    COLLEGEVILLE, Penn. — Superior Credit Union has launched a number of new products aimed at members with pets, along with an accompanying website.

    August 20
  • Technology
    Loyalty? There’s An App For That

    PALO ALTO, Calif. – A new iPhone application that lets consumers rack up reward points by simply walking into stores could give banks and card issuers the foundation for a truly mobile loyalty program.

    August 19
  • CUJ content
    Harland President Offers Predictions For What’s Ahead

    ORLANDO, Fla. – As Harland Financial Solutions prepares to mark its 10th anniversary, its president is offering some insights into what the company believes lies ahead for itself and the country as a whole.

    August 19
  • CUJ content
    Utah League To Go By ‘Utah’s Credit Unions’

    SALT LAKE CITY – The Utah League of Credit Unions is changing the name it uses publicly to “Utah’s Credit Unions.”

    August 19
  • CUJ content
    Analysis: High Unemployment Leads To Low Deposit Rates

    SAN ANSELMO, Calif. – A new analysis suggests, perhaps not surprisingly, a link between the national unemployment rate and interest rates paid on deposits.

    August 19
  • CUJ content
    Beall To Be CEO Of Missouri League

    COLUMBIA, Md. – Maryland and District of Columbia CU Association CEO Mike Beall will step down from the position in the autumn to accept the top spot at the Missouri CU Association.

    August 19
  • Technology
    Vertifi Introduces iPhone App For CU

    BURLINGTON, Mass. – Vertifi Software, a wholly owned subsidiary of Eastern Corporate Credit Union, said it has developed a fully-featured mobile banking iPhone application for members of Randolph-Brooks FCU in Live Oak, Texas, and it is now available on the App Store.

    August 19
  • CUJ content
    CDCUs Receive $12.7 Million from CDFI Fund

    NEW YORK – The U.S. Department of the Treasury's CDFI Fund on Thursday made awards to 180 community development financial institutions (CDFIs).

    August 19
  • CUJ content
    Heartland CU Rolls Out $75K ‘Go Local’ Initiative

    MADISON, Wis. – Heartland Credit Union has launched a “Go Local” initiative in which it will be donating $75,000 to organizations and causes in its markets.

    August 19
  • CUJ content
    Superior CU Targets Members With Pets

    COLLEGEVILLE, Penn. – Superior Credit Union has launched a number of new products aimed at members with pets, along with an accompanying website.

    August 19
  • Payments
    Small Bank Takes Drastic Step With Debit

    PROVO, Utah – Bonneville Bancorp is taking an unusually drastic – and seemingly counterintuitive – approach to fighting fraud.

    August 19
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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.

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