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Market Intelligence:
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Industry Data
  • Corporate philanthropy
    Credit union philanthropy enters the fintech era

    New initiatives could give a boost to an already widely charitable industry, but fickle consumers and uncertain economic waters could prove a challenge.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 6
    CUj 050319 - charitable giving stats
  • Millennials really don't understand credit unions

    If credit unions hope to capture America's largest potential consumer base, they're going to have to do a better job of explaining their value proposition.

    May 3
    Brien Joyce
    Brien Joyce
    EFG Companies
  • Earnings
    Silver State Schools CU’s earnings fall with higher loan-loss provision

    Las Vegas-based institution said its first-quarter net income was down about 21% from a year earlier.

    By Michael Bartlett
    May 3
    Scott Arkills, Silver State Schools CU
  • Field of membership
    Services Center Federal Credit Union to enter Nebraska market

    The Yankton, S.D.-based institution can now serve 18 counties across two states.

    By Michael Bartlett
    May 3
    Services Center FCU expansion.jpg
  • CUSOs
    CU Solutions Group inks deal with Canadian HR training firm

    The move comes on the heels of an earlier tech acquisition by the Livonia, Mich.-based CUSO.

    By Palash Ghosh
    May 3
    Dave Adams , MCUL
  • Marijuana banking
    Not serving pot shops? Legal weed still impacts your credit union

    Two attorneys told a credit union audience the growing wave of marijuana legalization could have just as big an impact on financial institutions that don't serve the cannabis industry as those that do.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 3
    Dykema attorneys Shelly Edgerton and Lance Boldrey speaking during the Michigan Credit Union League's 2019 Governmental Affairs Conference in Lansing, Mich.
  • Growth strategies
    Bay Federal Credit Union tops $1 billion in assets

    The Capitola, Calif.-based institution reached the milestone a few months after acquiring another credit union.

    By Palash Ghosh
    May 2
    Carrie Birkhofer, president and CEO of Bay FCU
  • C-suite
    Helping out in an emergency: Professionals on the move

    Credit unions announced a variety of personnel moves and recognition for others, including one employee who helped a member needing medical attention.

    By Palash Ghosh
    May 2
    p1aqehalli1891hkhi42lt1djia.jpg
  • Litigation
    Fiserv hit with lawsuit from small Pennsylvania credit union

    The tech company denied allegations from Bessemer System Federal Credit Union regarding security issues and other problems with Fiserv's services.

    By Michael Bartlett
    May 2
    gavel-fotolia.jpg
  • Earnings
    Deposit costs cut into Hawaii State FCU's Q1 profits

    The Honolulu-based credit union said its earnings dropped by more than 37% from a year earlier.

    By Michael Bartlett
    May 2
    Andrew Rosen.jpg
  • Charter conversions
    New York CU plots charter conversion, expanded field of membership

    Hudson Valley Federal Credit Union wants to eventually add eight counties to the four it currently serves.

    By Melissa Angell
    Reporter
    May 2
    Mary D. Madden is CEO of HVFCU
  • Bonuses and incentives
    NCUA's plan to bring credit union compensation into the 21st century

    The National Credit Union Administration is aiming to clarify guidelines around incentive compensation, which could help the industry better attract top talent.

    By Melissa Angell
    Reporter
    May 2
    CUJ 42919.jpeg
  • Field of membership
    Vermont's One Credit Union set to cross state lines into New Hampshire

    The Springfield, Vt.-based institution is the latest CU to cross a neighboring border, as a number of other institutions have looked to expand their reach

    By Melissa Angell
    Reporter
    May 1
    Brett Smith, president and CEO of One Credit Union
  • CUJ content
    Video for Windows 10: A make-or-break moment for ATMs
    May 1
    Video for Windows 10: A make-or-break moment for ATMs
  • Corporate philanthropy
    Showing appreciation: Credit unions in the community

    Making donations for a variety of causes and teaching Boy Scouts about coins are just some of the ways credit unions are helping out in their communities.

    By Melissa Angell
    Reporter
    May 1
    NH CUS CUJ 43019.JPG
  • Corporate philanthropy
    New initiative to explore the future of credit union philanthropy

    Project 2025, a new venture from the Children's Miracle Network's Credit Unions for Kids program, has tapped 10 young credit union leaders to envision how the industry can improve its corporate giving.

    By Michael Bartlett
    May 1
    Nick Coleman, director of strategic partnerships for Children’s Miracle Network Hospitals
  • Succession planning
    Partner Colorado Credit Union promotes CFO to president

    Doug Fagan was named president as Sundie Seefried, who will remain CEO, spends more time on the credit union's cannabis banking division.

    By Michael Bartlett
    May 1
    Doug Fagan Partner Colorado CU
  • Checking
    In push for deposits, some CUs opt to keep it simple

    As credit unions attempt to bring in deposits to fund more loans, one institution's success story could offer a path for others.

    By Palash Ghosh
    May 1
    CUJ-043919-DEPOSITS (1).jpeg
  • Employee communications
    Let's chat: How new tech platforms are changing office communication

    Email is old news. A growing number of credit unions are turning to programs like Slack, Jabber and others that offer instant messaging services to expedite workplace collaboration.

    By Melissa Angell
    Reporter
    April 30
    CUJ 043019 - communication preferences.jpeg
  • Financial crimes
    NCUA bans trio accused of financial crimes

    Three former CU employees are subject to the latest round of prohibitions from the National Credit Union Administration.

    By Melissa Angell
    Reporter
    April 30
    ncua 2
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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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