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Market Intelligence:
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  • CUJ content
    MCT FCU Promises Three-Hour Car-Buying Service

    ROCKVILLE, Md. – MCT FCU is promising members a car-buying service that will find their dream auto in three hours or less under its “Everything Autos” program.

    June 2
  • Technology
    Michigan First CU Implements Integrated Media Management’s TotaleAtlasWeb

    LATHRUP VILLAGE, Mich. – Michigan First CU has installed Integrated Media Management’s TotaleAtlasWeb to support its members' ability to securely complete loan documents away from a physical branch, at their convenience and at any location.

    June 2
  • Branch network
    Tobyhanna Army Depot FCU Plans New Headquarters

    SCRANTON, Penn. – Tobyhanna Army Depot FCU has sold the building it called home since 1995 and plans to build new offices at a nearby site it has owned since 2006.

    June 2
  • CUJ content
    Texas Group Seeks CU Charter

    AUSTIN, Texas – Tenura Holdings, an Austin real estate holding company, has applied to regulators for a state charter for what would be iLife CU.

    June 2
  • CUJ content
    HarborOne CU Starts HarborOne U For Financial Ed

    BROCKTON, Mass. – Building on the success of its Multicultural Banking Center, HarborOne CU later this week will launch a full-time financial education series it calls HarborOne U.

    June 2
  • CUJ content
    Merger Extends Reach Of Franklin Mint FCU Into Region’s Hospitals

    BROOMALL, Penn. – Franklin Mint FCU, which has branches in nine area hospitals, yesterday said it has agreed to acquire Main Line Health Employees FCU, a $52 million credit union serving the local health insurance provider.

    June 2
  • CUJ content
    Failed CDCU Merged Out

    MARKS, Miss. – First Delta FCU, a one-time $7 million community development credit union run under conservatorship by NCUA since last October, will be merged into Shreveport FCU.

    June 2
  • CUJ content
    North Jersey FCU Eyes Non-Interest Islamic Banking

    TOTOWA, N.J. – North Jersey FCU has developed an Islamic banking program that features non-interest products and services in line with Shariah practice in order to cater to the area’s large Muslim population.

    June 2
  • Corporate credit unions
    NCUA Extends Another Facet Of Corporate CU Bailout

    ALEXANDRIA, Va. – NCUA yesterday extended the corporate credit union share guarantee, which has been critical in stemming a run on corporate deposits for another three months, until Sept. 30, 2012.

    June 2
  • CUJ content
    MasterCard Offers Windfall To CUs

    PURCHASE, N.Y. – MasterCard, one of just two stocks owned by credit unions, yesterday announced a major windfall for credit unions with the conversion of closely held Class B shares to commonly traded Class A shares.

    June 2
  • CUJ content
    Class Action Suit Raises Stakes In New York Mortgage Tax Challenge

    NEW YORK – A group of Hudson Valley FCU members on Wednesday 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 2
  • Performance reports
    Loans Plunge At Nation’s CUs

    ALEXANDRIA, Va. – NCUA reported this morning that the continued economic slowdown pushed lending at the nation’s credit unions down almost 5% for the first quarter, one of the worst quarters for lending on record.

    June 2
  • CUJ content
    Long-Time CU Figure Chuck Eikel Dies

    MADISON, Wis. – Chuck Eikel, who spent more than 25 years as a staff writer/editor with CUNA Mutual Group and the son of CUNA Mutual founder and the company’s first president, Charles Eikel, passed away.

    June 1
  • CUJ content
    Harland Financial Solutions Launches CU Merger Aid

    LAKE MARY, Fla. – Harland Financial Solutions announced the roll out of UltraData Enterprise Merger Services which will help merging credit unions streamline the data conversion process.

    June 1
  • CUJ content
    Woodstone CU Rolls Out Kasasa Rewards Accounts

    FEDERAL WAY, Wash. – Woodstone CU is introducing the Kasasa rewards-based checking and savings accounts.

    June 1
  • CUJ content
    Arkansas FCU Adds Financial Management Solutions’ Tracking System

    JACKSONVILLE, Ark. – Arkansas FCU has installed Financial Management Solutions Inc.’s Lobby Tracking System which monitors employee performance.

    June 1
  • Technology
    United Business & Industry FCU Chooses VSoft’s Image Capture Solution

    PLAINFIELD, Conn. – United Business & Industry FCU has implemented VSoft Corp.’s Branch Item Capture solution.

    June 1
  • Technology
    La Capitol FCU Signs With TRC Interactive For Online Training

    BATON ROUGE, La. – La Capitol FCU said it has agreed to install TRC Interactive’s CreditUnionTrainingOnline for its credit union-wide training needs.

    June 1
  • Branch network
    SAC FCU Opens Third Wal-Mart Branch

    OMAHA, Neb. – SAC FCU said it is opening a third Wal-Mart branch in nearby Council Bluffs, Iowa.

    June 1
  • Branch network
    Erie FCU Deploys NCR ATMs

    ERIE, Penn. – Erie FCU has signed with NCR to install the company’s EasyPoint 3800 ATMs.

    June 1
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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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