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  • Branch network
    Community First CU Moves To New Home

    TACOMA, Wash. – Community First CU, the state’s oldest credit union, said it is moving to a new headquarters in nearby DuPont at the end of the year.

    June 10
  • Technology
    NASA FCU Flies Into Remote Deposit

    UPPER MARLBORO, Md. – NASA FCU announced yesterday the launch of a free remote deposit service, allowing its members, businesses and individuals the ability to deposit checks anytime, anywhere, from a computer with a scanner and Internet connection.

    June 10
  • Lending
    Mortgage Rates Tip Lower Still

    WASHINGTON – Long-term mortgage rates declined near the lowest level on record this week, according to Freddie Mac.

    June 10
  • Corporate credit unions
    NCUA Eyes Big Assessment For Corporate Bailout

    ALEXANDRIA, Va. – The NCUA Board is expected at next week’s meeting to approve an assessment that could be as much as $400 million for the second round of the Corporate CU Stabilization Fund.

    June 10
  • CUJ content
    Airwaves Inundated By Dueling Ads On Interchange

    WASHINGTON – Millions of dollars in ads are being printed and carried over the airwaves by credit unions and banks and their nemeses in the interchange amendment to the bank bill, the nation’s retailing groups, in the biggest credit union lobbying effort in more than a decade.

    June 10
  • CUJ content
    Carved Out And Carved Up, CUs Victims Of Their Own Device

    WASHINGTON – In urging Congress to delete the interchange amendment from the pending bank reform bill credit union executives were put in an unusual position of arguing that an exemption – a so-called carve-out – from the amendment that they have sought in other bills is unworkable and impracticable.

    June 10
  • Performance reports
    Texas CU Is Latest CU Failure

    ORANGE, Texas – NCUA and state regulators shut down and closed Orange County Employees CU this morning, the one-time $4 million institution being the 13th credit union failure in 2010.

    June 10
  • CUJ content
    First-Grader Is Rolling In Dough, Thanks To Core CU

    EAST SYRACUSE, N.Y. – A student from St. Daniel-St. Matthew Academy in East Syracuse had the opportunity to roll around in hundreds of dollars wearing a Velcro suit yesterday, snatching $265 along the way, as part of the credit union’s lesson on savings.

    June 9
  • CUJ content
    SELCO Community CU Grants $19,500 In Scholarships

    EUGENE, Ore. – SELCO Community CU awarded 13 $1,500 scholarships to children of its members.

    June 9
  • CUJ content
    NCUA Makes Herb Yolles Region Three Director

    ATLANTA – NCUA announced yesterday that Herb Yolles, a long-time executive in the agency, will be director of its southeast Region Three.

    June 9
  • CUJ content
    Roanoke Postal Employees’ FCU Adds CRI’s GAP, Credit Insurance

    ROANOKE, Va. – Roanoke Postal Employees’ FCU has signed a multi-year contract with CRI Solutions to implement the company’s CRIterion, InterLend, GAP and credit insurance.

    June 9
  • Branch network
    DuPont Community CU Buys Local Bank Branch

    HARRISONBURG, Va. – DuPont Community CU has purchased the former NewBridge Bank branch for $1.2 million.

    June 9
  • Lending
    DEXSTA FCU Signs For Cology’s Student Loan Origination System

    WILMINGTON, Del. – DEXSTA FCU has signed with Cology Inc. to install the company’s Volta loan origination platform to originate and disburse its new private student loan programs.

    June 9
  • Technology
    Guardian CU Adds Fiserv’s Reg E Overdraft Opt-In Software

    WEST MILWAUKEE, Wis. – Guardian CU has implemented Fiserv’s Overdraft Opt-In Program in response to new requirements that a consumer opt-in so a credit union can extend or continue to provide fee-based overdraft services for ATM and one-time debit card transactions.

    June 9
  • CUJ content
    BECU Celebrates 75th Anniversary By Giving Away Dollar Bills

    SEATTLE – BECU is handing out cash – $1 bills – to mark its 75th anniversary.

    June 9
  • CUJ content
    Michigan League Signs McCann Erickson Worldwide For New Ad Campaign

    LANSING, Mich. – The Michigan CU League has hired advertising powerhouse McCann Erickson Worldwide for a multi-pronged marketing campaign that will feature the tagline: “Own Your Money. Join a Credit Union,” on TV and radio commercials.

    June 9
  • CUJ content
    State Governments Join Fight Against Interchange Amendment

    WASHINGTON – A growing number of state governments are adding their voice to the opposition bank bill’s interchange provision, saying passage of the provision could cause card issuers to abandon low-profit debit cards being used to provide public assistance.

    June 9
  • CUJ content
    Execs Hike Capitol Hill In Uphill Climb To Excise Interchange Amendment

    WASHINGTON – Hundreds of credit union executives criss-crossed the halls of Congress yesterday in an effort to convince lawmakers to scrap the provision of the bank reform bill that would establish price controls over debit card interchange, but their efforts face great odds.

    June 9
  • CUJ content
    Prime Aliance’s Joe Brancucci Named CEO Of Troubled GTE FCU

    TAMPA, Fla. – GTE FCU, which has been struggling with big losses caused by the region’s real estate slump, announced this morning the hiring of Joseph Brancucci, chief operating officer for BECU and founder of credit union online mortgage bank Prime Alliance, as its new president and CEO.

    June 9
  • CUJ content
    MemberFocus Community CU Golf Outing Raises $135,000 For Local Scholarships

    DEARBORN, Mich. – The annual Mike Adray Memorial Golf Tournament presented by MemberFocus Community CU at the Dearborn Country Club raised $135,000 for student scholarships at Henry Ford Community College.

    June 8
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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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