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  • CUJ content
    Greater Nevada CU Awards $16,000 In Scholarships

    CARSON CITY, Nev. – Greater Nevada CU said it granted 16 Nevada high school graduates $1,000 scholarships each.

    July 8
  • Branch network
    HEW FCU Wants Community To ‘Feel The Magic’ Of Its New Branch

    WASHINGTON – HEW FCU has hired a well-known local magician to perform at its new branch opening in the District Heights’ Silver Hill neighborhood, as part of the grand opening’s “Feel the Magic” theme.

    July 8
  • Lending
    GPO FCU Signs With Auto Financial Group For DrivingSense Indirect Program

    UTICA, N.Y. – GPO FCU said it has contracted with Auto Financial Group for the company’s DrivingSense as both a direct and an indirect lending option.

    July 8
  • Lending
    DEXSTA FCU Launches Private Student Loan Program Through Cology

    WILMINGTON, Del. – DEXSTA FCU said it has introduced private student loans for college, graduate school and private K-12 through Cology Inc. and Education Loan Source.

    July 8
  • Lending
    Mortgage Rates Keep Falling To Decades Lows

    WASHINGTON – Long-term mortgage continued to decline this week towards their lowest in five decades, according to Freddie Mac.

    July 8
  • CUJ content
    CUNA’s Cheney Sees Corporate Role No Hindrance In Dealing With NCUA

    WASHINGTON – New CUNA President Bill Cheney said yesterday he doesn’t expect his role in the corporate crisis, as a one-time director at both U.S. Central FCU and WesCorp FCU, to limit him in lobbying NCUA, even as the federal regulator mulls claims in both cases against executives and directors of the two failed corporates.

    July 8
  • Performance reports
    Baltimore’s Municipal Employees CU Pays Mid-Year $2.1 Million Member Bonus

    BALTIMORE – Municipal Employees CU, which paid its members $3.6 million last year in a semi-annual dividend, paid its members $2.1 million last week as part of planned $4.2 million payout for 2010.

    July 8
  • CUJ content
    Wells Fargo Announces Huge Layoffs

    SAN FRANCISCO – Wells Fargo announced yesterday it is laying off 3,800 employees over the next year as part of a restructuring of its consumer finance unit.

    July 7
  • CUJ content
    Florida A&M University FCU’s CEO Indicted On Embezzlement Charges

    TALLAHASSEE, Fla. – The president of Florida A&M University FCU and a program director at the University were charged yesterday in a federal indictment alleging conspiracy to steal $134,000 of U.S. Department of Housing and Urban Development funds.

    July 7
  • CUJ content
    It’s A Zoo At This CU

    BINGHAMTON, N.Y. – GHS FCU will host the Ross Park Zoo Mobile next week at its main branch.

    July 7
  • CUJ content
    Brother, Sister Jailed For Botched CU Heist

    CHARLOTTE, N.C. – A woman who unsuccessfully tried to rob a Charlotte Metro CU branch in January, and her brother who drove the getaway car, were sentenced to federal prison terms yesterday.

    July 7
  • CUJ content
    America First CU Gives Away Minor League Baseball Tickets

    OGDEN, Utah – America First CU is giving away free general admission tickets to the minor league Ogden Raptors' games this weekend at Lindquist Field against the Idaho Falls Chukars.

    July 7
  • Branch network
    Washtenaw FCU In ATM Deal For Historic Renovation

    YPSILANTI, Mich. – Washtenaw FCU, formerly Ypsilanti FCU, has signed with the city to place an ATM in the renovated Ypsilanti Freighthouse.

    July 7
  • Branch network
    Goldenwest CU Opens 18th Branch

    OGDEN, Utah – Fast-growing Goldenwest CU unveiled a new branch, its 18th, in the town of Kaysville, yesterday.

    July 7
  • CUJ content
    360 FCU Offers Low-Cost Check Cashing

    WINDSOR LOCKS, Conn. – 360 FCU has introduced a new check cashing service for non-members at 1.5% of the check amount.

    July 7
  • CUJ content
    Subpoenas Issued As U.S. Central Suit Heats Up

    BIRMINGHAM, Ala. – Corporate America CU, which has sued officers and directors of U.S. Central FCU for damages, has issued subpoenas to Ernst & Young, RiskSpan, Callahan & Associates, Clayton Financial Services and PIMCO, as it seeks a courtroom accounting of the one-time $52 billion corporate’s desperate attempts to shift capital accounts to cover burgeoning losses in its final days before an NCUA takeover.

    July 7
  • CUJ content
    TNB Hopes Fifth Third Deal Restores Capital

    DALLAS – Town North Bank, once one of the biggest credit card processors for credit unions, said yesterday’s announced sale of its TNB Card Services serving 370 credit unions will help the credit union-owned bank rebuild its dwindling capital base, diminished by losses the past two years.

    July 7
  • CUJ content
    American Bankers Association’s Ed Yingling, Longtime CU Nemesis, To Retire

    WASHINGTON – Edward Yingling, who as head of the American Bankers Association fought every major credit union initiative, announced he is retiring at year end after 25 years with the lead banking lobby.

    July 7
  • CUJ content
    CUNA Adds Lobby Muscle For Final Member Business Loan Push

    WASHINGTON – As final votes appear on the small business lending bill that could raise the member business loan cap for credit unions CUNA has hired a new outside lobbying firm to help in the effort, Hecht Spencer & Associates.

    July 7
  • Payments
    Fifth Third Processing Buys TNB Card Services

    CINCINNATI – Fifth Third Bancorp said this morning its Fifth Third Processing Solutions LLC unit has acquired the assets of credit union processor TNB Card Services from credit union-owned Town North Bank of Dallas.

    July 7
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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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