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  • CUJ content
    Dumb Robber Leaves Her Debit Card Behind

    WAUKEGAN, Ill. – A woman accused of robbing a Consumers CU branch of more than $11,000 Monday afternoon was identified after leaving behind a debit card with her name on it and the robbery demand note, which was written on the back of a prescription form made out to her.

    August 17
  • Payments
    University Of Illinois Employees CU Inks Affinity Deal With Alumni Association

    CHAMPAIGN, Ill. – The University of Illinois Employees CU has signed with the UI Alumni Association to provide its 625,000 members with an affinity credit card.

    August 17
  • Lending
    Sunmark FCU’s New Low-Rate Loan Adds Flexibility To Member Options

    SCHENECTADY, N.Y. – Sunmark FCU introduced a new product it said will allow borrowers throughout the capital region to use their home equity to secure a 3.99% loan.

    August 17
  • CUJ content
    NCUA Pulls Rug Out From Under Tiny African-American CU

    WASHINGTON – Lawyers for Kappa Alpha Psi FCU were trying to regroup yesterday after NCUA liquidated the tiny credit union just as they were trying to block the liquidation at a court hearing today.

    August 17
  • Performance reports
    NCUA Jumps The Gun, Liquidates First Virtual CU

    ALEXANDRIA, Va. – NCUA said it won’t wait for tomorrow’s court hearing on the liquidation of tiny Kappa Alpha Psi FCU and has gone ahead and liquidated the $750,000 credit union serving the national African-American fraternity.

    August 17
  • CUJ content
    Focus Groups Helped Drive 1 Cent Overdraft Fee

    RALEIGH, N.C. – Coastal FCU here is charging a penny for members' thoughts.

    August 16
  • CUJ content
    Michigan CU Figure Ends 50 Years In The Movement

    PARCHMENT, Mich. – First Community FCU said Diana Nash, former chairman of its board, is retiring after 50 years serving the credit union movement.

    August 16
  • CUJ content
    Three Robbery Suspects Collared After High-Speed Police Chase

    ST. LOUIS – Three suspects were arrested after a robbery yesterday morning at an American Eagle CU branch in nearby East Hazelwood and a police chase that came to an end in north St. Louis.

    August 16
  • CUJ content
    Michigan League’s Invest In America Gives Away Three-Year Cadillac Lease

    ALMA, Mich. – Invest in America, the Michigan CU League’s buy-America auto loan program, and GraCo CU handed one credit union member the keys to a red 2010 Cadillac SRX.

    August 16
  • CUJ content
    Cross Valley FCU Adds Financial Ed To Its Annual Youth Festival

    WILKES-BARRE, Penn. – More than 700 children and their families participated in Cross Valley FCU’s Annual Youth Day Carnival, which included financial literacy activities.

    August 16
  • CUJ content
    Indiana Members CU Raises $53,000 In School Supplies

    INDIANAPOLIS – Indiana Members CU members raised a total of more than $53,000 in its school supply campaign, which will provide 3,000 backpacks and school supplies to underprivileged children.

    August 16
  • CUJ content
    Losses Widen At Mitek Systems

    SAN DIEGO – Mitek Systems, a maker of remote deposit software, reported a loss of $647,000 for its fiscal third quarter, up from a loss of $85,000 for the same period last year, as revenues continued to slide.

    August 16
  • CUJ content
    Venture Firms Cashing In Their Cardtronics Chips

    HOUSTON – Cardtronics Inc. reported yesterday that its two biggest financial backers, venture funds CapStreet and TA Associates, plan to sell as many as 7 million shares, valued at as much as $100 million.

    August 16
  • CUJ content
    Affinity FCU Merges Rutgers University FCU

    BASKING RIDGE, N.J. – Affinity FCU, the state’s largest credit union, said yesterday it has been cleared to merge into it tiny Rutgers University Student and Alumni FCU, a $3 million credit union in New Brunswick.

    August 16
  • Lending
    SEFCU Acquires Local Mortgage Bank

    ALBANY, N.Y. – SEFCU, formerly State Employees FCU, announced yesterday it has purchased Home Funding Finders, a mortgage banking company in nearby Latham.

    August 16
  • Payments
    Michigan CUs Team With Discover For Affinity Card

    LANSING, Mich. – The Michigan CU League’s CUcorp has signed with Discover Financial Services to bring credit unions an affinity credit card program it said will promote charitable donations.

    August 16
  • CUJ content
    Back To School

    MADISON, Wis.-It's back to school time, and when credit union professionals and volunteers arrive at the various educational programs this fall they will find the economy's fallout can be seen in changes in the curriculum.

    August 16
  • Lending
    How Cash-Back Offer Is Helping To Ramp Up 1 CU's Lending Operation

    WOODBRIDGE, Va.-Offering members cash back on the spot is driving strong lending growth at one credit union.

    August 16
  • CUJ content
    Halleck Leaves Golden 1 To Take The Reins At San Diego County CU

    SACRAMENTO, Calif.-After nearly eight years as president and CEO of $7.2 billion The Golden 1 Credit Union here, Teresa Halleck has accepted a job as CEO of the $4.9 billion San Diego County Credit Union.

    August 16
  • Lending
    MBL Increase Not Enough To Drive CU Loan Growth

    WASHINGTON-Despite member business lending gains, a stagnant loan portfolio that's shifting in composition is driving down loan income and CU overall revenue through the first half of the year, according to an early look at data.

    August 16
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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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