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Market Intelligence:
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Industry Data
  • CUJ content
    Teller Jailed For Planning Robbery

    SAN FRANCISCO – A teller who helped mastermind the $74,000 robbery of Metro 1 CU in Antioch was sentenced yesterday to five years in federal prison.

    June 8
  • CUJ content
    Missouri CUs Raise $100,000 To Build Home For Wounded Soldier

    COLUMBIA, Mo. – Missouri credit unions have raised $100,000 to build house a wounded soldier as part of the Home for Our Troops program, which has built more than 50 specially adapted homes for severely injured service men and women across the country.

    June 8
  • Lending
    Gateway Funding Enters Secondary Mortgage Market

    HORSHAM, Penn. – Gateway Funding Diversified Mortgage Services, L.P., said it has launched a Correspondent Lending Division, buying loans from credit unions and others lenders in the Mid-Atlantic States.

    June 8
  • Payments
    MasterCard Launches Prepaid Card Bill Payment Service

    PURCHASE, N.Y. – MasterCard announced a new bill payer service yesterday.

    June 8
  • Payments
    Purdue Employees FCU Features NFL Star Drew Brees On Credit Card

    WEST LAFAYETTE, Ind. – Purdue Employees FCU has rolled out a limited-edition Drew Brees credit card, featuring the star of last year’s Super Bowl who played his college football at Purdue University.

    June 8
  • CUJ content
    Elderly Ex-Loan Director Banned For $1 Million Embezzlement

    ALEXANDRIA, Va. – NCUA said yesterday it barred from the industry Christine McLamb, the 73-year-old former loan director at Health Facilities FCU, after she was convicted last year of a $1 million theft from the Florence, S.C., credit union.

    June 8
  • CUJ content
    Nine Families Vie In $10,000 Florida Commerce CU Savings Contest

    TALAHASSEE, Fla. – Florida Commerce CU has chosen nine families to compete in its 2nd annual weLiveFit $10,000 savings challenge.

    June 8
  • Technology
    BECU Pilots NCR’s APTRA Vision For Self-Service System Management

    TUKWILA, Wash. – BECU, formerly known as Boeing Employees CU, is the first credit union to deploy NCR APTRA Vision, the company's latest enterprise software solution for self-service system management.

    June 8
  • CUJ content
    North Iowa CU Forecloses On Elks Lodge

    MASON CITY, Iowa – North Iowa CU was granted a judgment for foreclosure against an Elks Lodge and the Elks building will be sold at a sheriff’s sale later this summer.

    June 8
  • CUJ content
    Woodco CU Now In CanDo Mode After Tornado's Destruction

    MILLBURY, Ohio – Woodco CU expects to be operating out of nearby CanDo CU today or tomorrow after its offices in the local high school were destroyed by the weekend's tornado.

    June 8
  • CUJ content
    Centra CU Wins $4 Million Judgment On Foreclosure

    COLUMBUS, Ind. – A state court yesterday ordered the former River House, a prominent hotel in downtown Evansville that reopened recently under a different name, to pay more than $4.1 million to Centra CU, which filed a foreclosure law suit against it in December.

    June 8
  • CUJ content
    Washington CUs Kick Off Radio, Bus Ads

    COLUMBIA, Md. – The Maryland & DC CU Association launched the latest round of its cooperative WhatsinItForMe? ad campaign with radio and metro bus spots, a new website and Facebook page.

    June 8
  • CUJ content
    'Kites Over Washington’ CU Celebration Wins Regional Emmy

    SEATTLE – A short film documenting last September’s “Kites Over Washington” viral ad featuring 131 man-sized kites representing each of the state’s credit unions won a regional Emmy award in the special event category.

    June 8
  • CUJ content
    Kim Sponem To Succeed Andy Faust As Summit CU CEO

    MADISON, Wis. – Summit CU announced today that Andy Faust is retiring as CEO and will be succeeded by Kim Sponem as head of the $1.5 billion credit union, Wisconsin’s largest.

    June 8
  • CUJ content
    Getting Gen Y to Ask, "What's In It For Me?"

    COLUMBIA, Md. — The 2010 phase of the cooperative ad campaign being sponsored by the Maryland & DC Credit Union Association has debuted with a "WhatsInItForMe?" Facebook page and other social media, in addition to raio and metro bus ads.

    June 8
  • CUJ content
    Fiserv Acquires AdviceAmerica

    BROOKFIELD, Wis. – Fiserv announced yesterday it is purchasing AdviceAmerica, a provider of integrated advisor solutions to financial institutions and independent advisors.

    June 7
  • CUJ content
    Jack Henry Completes iPay Deal

    MONETT, Mo. – Jack Henry & Associates said yesterday it has closed its acquisition of iPay technologies, a provider of electronic bill payment services, for $300 million in cash.

    June 7
  • Branch network
    Bellco Community CU Opens Gettysburg Branch

    HARRISBURG, Penn. – Bellco Community CU is introducing a new branch in Gettysburg today.

    June 7
  • Branch network
    Wildfire CU Builds Saginaw Township Facility

    SAGINAW, Mich. – Wildfire CU expanded its presence by opening a new high tech branch here yesterday.

    June 7
  • CUJ content
    Members Choice CU Adds Kasasa Rewards Accounts

    HOUSTON – Members Choice CU is now offering its members Kasasa rewards-based checking and savings accounts.

    June 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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