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Market Intelligence:
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  • Branch network
    Bellco CU Buys Upgraded ATMs From Diebold

    DENVER – Bellco CU has signed an ATM outsourcing pact with Diebold, which will include upgrading its ATMs for enhanced deposit automation functionality.

    June 7
  • CUJ content
    NCUA Issues Guidance On ‘Negative Goodwill’ Purchase And Assumption Mergers

    ALEXANDRIA, Va. – NCUA and banking regulators provided new guidance yesterday on accounting for mergers of troubled institutions, so-called bargain purchases.

    June 7
  • Lending
    PenFed Expands Payday Loan Program To Partner CUs

    ALEXANDRIA, Va. – Pentagon Federal CU has extended its ARK payday loan program to eight other credit unions and is looking for new credit union partners.

    June 7
  • CUJ content
    Three Face Death Penalty In Armored Truck Heist Gone Awry

    DETROIT – Secretly recorded conversations at a prison could lead to a rare death sentence in Michigan as jury selection begins this week in the trial of a man charged with killing a security guard while he and several accomplices allegedly robbed an armored truck delivering cash to Dearborn FCU of $204,000 almost nine years ago.

    June 7
  • CUJ content
    Ohio CU’s Office Destroyed By Tornado

    MILLBURY, Ohio – The offices of $9-million Woodco Credit Union here are believed to be a total loss following a tornado that hit this small town.

    June 7
  • CUJ content
    Brain Trust

    Editor's Note: CURE (Credit Union Retired Executives) is sharing advice with Journal readers based on questions it receives and responses from the numerous retired CU execs it has recruited. For more info: www.curetiredexec.com.

    June 7
  • CUJ content
    CU Turns To TV, Web To Fight Fraudsters

    FORT WAYNE, Ind.-Three Rivers FCU here is fighting back against fraudsters that have used the credit union's name to bilk them out of money.

    June 7
  • Compliance
    Back To School: Capital, Earnings Lessons

    MADISON, Wis.-Anticipating credit unions will need help in the latter-half of 2010 with managing capital and earnings challenges, CUNA Mutual Group plans to expand its virtual model to bolster education.

    June 7
  • CUJ content
    On Deadline

    MasterCard Offers Windfall To Its CU Stockholders

    June 7
  • Performance reports
    CUs See $1.1B Net Income, 47BP ROA In Q1, NCUA Reports

    ALEXANDRIA, Va.-Federally insured CUs reported $1.1 billion in net income and an ROA average of 0.47% during the first quarter of 2010, according to NCUA.

    June 7
  • CUJ content
    CUs Hit The Hill To Push For Interchange Relief

    WASHINGTON-Credit unions will be making a last-ditch effort to lobby Congress on the issue of interchange this week with a CUNA-sponsored "National Hike the Hill."

    June 7
  • CUJ content
    CU Launches Effort To Reach Out To Muslims

    TOTOWA, N.J.-North Jersey FCU is reaching out to its large Muslim community by becoming one of the first American financial institutions to offer Sharia-compliant financial products.

    June 7
  • Technology
    Harland Launches Merger Data Conversion Service

    LAKE MARY, Fla.-With more credit unions either merging or considering mergers, Harland Financial Solutions has launched UltraData Enterprise Merger Services.

    June 7
  • Lending
    Failures Carry NCUA Realty Inc. Into New Markets

    AUSTIN, Texas-The growing number of CU failures has forced NCUA's Asset Management and Assistance Center, which had been managing as many as 1,000 residential properties in south Florida, to expand into California and Las Vegas in recent months.

    June 7
  • Lending
    Class Action Suit Raises Stakes In New York Mortgage Tax Challenge

    NEW YORK-A group of Hudson Valley FCU members last week filed a class action suit claiming the credit union illegally collected thousands of dollars in mortgage recording taxes from them at closing, racheting up the stakes in the $2.7 billion credit union's own legal fight with the state over the levy.

    June 7
  • CUJ content
    Under the Microscope

    ScanSafe: 55% Increase In Employees Attempting To Download Illegal Software

    June 7
  • Lending
    Suffolk FCU Sues Fannie Mae As Part Of CU National Litigation

    NEWARK, N.J.-In the latest legal salvo over the $140 million fraud at U.S. Mortgage/CU National Mortgage, Suffolk FCU, the biggest victim in the case, filed suit in federal court last week against Fannie Mae for return of some $42 million the secondary mortgage market giant bought under false pretenses from the failed mortgage company.

    June 7
  • CUJ content
    Washington Watch

    CONSUMER GROUPS BATTLE CUS, BANKS OVER INTERCHANGE

    June 7
  • CUJ content
    First reported on www.cujournal.com

    SELF-HELP ADDS 5TH TROUBLED CU

    June 7
  • CUJ content
    CU Journal Seeks Entries for Annual Best Practices Awards Program

    WEST PALM BEACH, Fla. — Credit Union Journal is now accepting nominations for its 2010 Best Practices Awards.

    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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© 2026 Arizent. All rights reserved.
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