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Market Intelligence:
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Industry Data
  • Payday lending
    Durbin reintroduces bill to cap consumer loans at 36%

    The Democratic senator's legislation, which has been floated in previous years, would apply to the APRs on all open-end and closed-end consumer credit transactions.

    By Hannah Lang
    Reporter
    April 30
    Sen. Dick Durbin, D-Ill.
  • Financial regulations
    Wisconsin credit union CEO appointed to Fed advisory council

    Val Mindak, who has led Park City Credit Union for a decade, will help advise Minneapolis Fed President Neel Kashkari.

    By Michael Bartlett
    April 30
    Val Mindak, CEO and president of Park City Credit Union
  • The technology trends all credit unions should be watching

    Failure to recognize the importance of artificial intelligence, mobile banking and other evolving technology would be a serious misstep.

    April 30
    Robin Kolvek
    Robin Kolvek
    EPL
  • Marketing
    This ad campaign won awards, but is it outdated already?

    A promotion from U.S. Community Credit Union has helped boost business and increase social media engagement, but some analysts fear this credit union and others may be relying too heavily on post-recession messaging.

    By Michael Bartlett
    April 29
    CUJ 042619-USCCU web traffic.jpeg
  • Federal credit unions
    The credit union capital plan keeping bankers up at night

    The NCUA is letting Union Yes in California raise capital by turning to temporary funding sources, which banks have complained is an example of the regulator's overreach.

    John Reosti Author Image
    By John Reosti
    Reporter
    April 29
    AB-042919-CU.jpeg
  • Payday lending
    Week ahead: Robocalls, payday lending and more

    Congress has returned from its two-week vacation with plans to debate a number of issues important to the credit union industry.

    By Melissa Angell
    Reporter
    April 29
    A close up of the capital building with an American flag
  • Why aren't White House hopefuls talking about banking?

    With the candidates still introducing themselves to voters and honing their message, little has been said about the financial industry.

    April 29
    Neil Haggerty
    Neil Haggerty
    American Banker
  • White Paper Insourcing vs. outsourcing: Would a credit card program partnership be beneficial?
    Insourcing vs. outsourcing: Would a credit card program partnership be beneficial?
    Sponsor Content from Elan Financial Services
  • Succession planning
    ELCA Federal Credit Union hires industry veteran as CEO

    Luis A. Reyes Jr. takes over for the Rev. Arnold O. Pierson, who served as president since the institution opened in June 2016.

    By Melissa Angell
    Reporter
    April 26
    Luis Reyes, ELCA
  • M&A
    CU SoCal to acquire small hospital credit union

    After the merger is completed, Cedars-Sinai Federal Credit Union's one branch will be relocated.

    By Palash Ghosh
    April 26
    Dave Gunderson is president and CEO of CU SoCal
  • Workplace culture
    Last day to register for Best Credit Unions to Work For rankings

    The application deadline for the popular free program is Friday, April 26.

    By Credit Union Journal staff
    April 26
    Best CUs to Work for 2019 logo - CUJ 022719.jpg
  • Corporate philanthropy
    Running for veterans: Credit unions in the community

    Running a marathon every day for a week in recognition of those who have served, and other ways credit unions are giving back in their communities.

    By Melissa Angell
    Reporter
    April 26
    Suffolk CUJ 42219.jpg
  • Redlining
    Brooklyn credit union tackling lingering effects of redlining

    In a strategy that other CUs could follow, Concord Federal Credit Union is working with a local nonprofit to provide better access to financial products in central Brooklyn.

    By Melissa Angell
    Reporter
    April 26
    CUJ-42219-Unbanked Chart (2) (1).jpeg
  • Succession planning
    Longtime CEO of Teachers Federal Credit Union to retire

    A successor to Robert Allen, who has led the $7.3 billion-asset institution for more than three decades, should be named soon.

    By Palash Ghosh
    April 25
    Robert G. Allen is president and CEO of Teachers Federal Credit Union
  • Workforce management
    Closing the talent gap: Professionals on the move

    Credit unions from the Northeast to the Mountain West and beyond have announced new rounds of hiring, promotions and appointments.

    By Palash Ghosh
    April 25
    Hired stock art
  • Earnings
    With income surging, St. Mary’s Bank surpasses $1 billion threshold

    The nation's first credit union saw an 88.5% increase in net income for 2018 thanks to a variety of factors, including a one-time payout from the National Credit Union Administration.

    By Palash Ghosh
    April 25
    Ron Covey is president and CEO of St. Mary’s Bank
  • Earnings
    Q1 sees assets, memberships increase at United Federal Credit Union

    The Michigan-based credit union, which has a branch network across six states, also saw an increase in deposits.

    By Melissa Angell
    Reporter
    April 25
    CUJ-United FCU Asset growth-042419.jpeg
  • Branding
    After a merger fell through, Box Elder County CU plans a new name

    The institution had considered a merger of equals that was never finalized before deciding to change its name to Elevate Credit Union.

    By Melissa Angell
    Reporter
    April 25
    CUJ-BECCU
  • Lending
    Are credit card balances a ticking time bomb?

    Credit union share of the credit card market is at a record high but there are concerns that this debt could begin to sour if the economy turns.

    By Palash Ghosh
    April 25
    CUJ 042419 - CU credit card growth stats (2).jpeg
  • M&A
    After SEG deal, BCU and New Jersey institution set to combine

    Members of Bard Employees Federal Credit Union approved the merger into Baxter Credit Union earlier this month.

    By Palash Ghosh
    April 24
    Bard Employees
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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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