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Market Intelligence:
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  • Branch network
    Tax Abatement Helps Tiny Brockport FCU Branch Out

    BROCKPORT, N.Y. – The Monroe County Industrial Development Agency voted Tuesday to approve a $5,330 abatement of mortgage taxes and property taxes for Brockport FCU to facilitate the credit union’s plans for a new branch in Clarkson, the $5 million credit union’s second branch.

    April 21
  • Branch network
    Assets From Failed Banks Provide Opportunities For CUs

    MACON, Ga. – MidSouth Community FCU is the latest credit union to take advantage of a growing inventory of bank branches on the market by agreeing to acquire two branches of failed Security Bank from the FDIC.

    April 21
  • CUJ content
    Pentagon FCU Pledges $12 Million To Build Veterans’ Lodge

    ALEXANDRIA, Va. – Pentagon FCU said its Pentagon FCU Foundation plans to raise $12 million to build a new hotel for veterans needing treatment at the Veterans Administration’s Palo Alto hospital.

    April 20
  • CUJ content
    CO-OP Financial Offers $10,000 To One Innovator

    RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced a contest for its THINK 10 conference that will award $10,000 for the most innovative and shareable idea that will have the greatest impact to credit unions.

    April 20
  • CUJ content
    Fidelity Information Settles Data Breach Charges

    JACKSONVILLE, Fla. – Fidelity National Information Services has agreed to pay the state almost $1 million and to implement data security for consumer records under a settlement of civil charges over the 2007 theft of consumer information by a former employee.

    April 20
  • CUJ content
    Pennsylvania State Employees CU Swings For The Fences To Benefit CMN

    HARRISBURG, Penn. – Pennsylvania State Employees CU will donate $5 to the Children’s Miracle Network for every ball hit out of play during the minor league Harrisburg Senators’ home games between April 15 and Aug. 2.

    April 20
  • Lending
    University CU Offers Private Loans To Maine’s Northeast Technical Institute

    ORONO, Maine – University CU said it has added students at Northeast Technical University to its field of membership and will offer the students private student loans.

    April 20
  • Branch network
    Ent FCU Enlists Animals In Branch Opening Celebration

    COLORADO SPRINGS – Animals from Cheyenne Mountain Zoo’s mobile petting zoo will be on hand Saturday to help mark the grand opening of Ent FCU’s new Falcon branch.

    April 20
  • Technology
    Vermont State Employees CU Installs uMonitor’s Online Services

    MONTPELIER, Vt. – Vermont State Employees CU has signed with uMonitor to implement the company’s uOpen & uFund and uTransfer solutions.

    April 20
  • Lending
    Desert Schools FCU To Expedite FHA Loans

    PHOENIX – Desert Schools FCU was granted authority by the Department of Housing and Urban Development to fully underwrite Federal Housing Administration loans in-house, helping to speed the process.

    April 20
  • Lending
    Pentagon FCU Adds Mortgagebot’s Mortgage Marvel’s Online Home Loan Page

    ALEXANDRIA, Va. – Pentagon FCU, one of the biggest credit union mortgage lenders, has implemented Mortgagebot’s Mortgage Marvel online mortgage shopping service.

    April 20
  • Lending
    Bethpage FCU’s $16 Million MBL To Fund Philadelphia Shopping Center

    PHILADELPHIA – Bethpage FCU of Long Island has agreed to provide $16.25 million in fixed-rate financing for the Whitman Plaza shopping center at Oregon and Randolph in South Philadelphia.

    April 20
  • CUJ content
    Parolee Nabbed In Atlantic City Gambling Stolen CU Cash

    ATLANTIC CITY, N.J. – A prison parolee sought in three Philadelphia robberies last week was arrested while playing blackjack at the Trump Plaza Casino Tuesday.

    April 20
  • CUJ content
    Get Your Two Cents In On Meeting Content, Location

    MADISON, Wis. and WEST PALM BEACH, Fla. – The Credit Union Executives Society and Credit Union Journal are in discussions to combine two of the most popular conference and learning events in the industry – CUES Experience and the Journal’s Grow Show.

    April 20
  • CUJ content
    CUNA Builds $1 Million Campaign War Chest

    WASHINGTON – CUNA said its political action committee raised $210,000 last month, helping push its cash on hand over $1 million, one of its highest ever, as campaign season starts to heat up.

    April 20
  • Payments
    ‘Poison Pill’ Kills CU-Backed Bid To Ban Debit Card Surcharges

    DENVER – Sponsors of a Senate bill that would have barred the growing practice of merchants assessing surcharges on debit card transactions pulled the bill yesterday after it was amended to bar all ATM surcharges.

    April 20
  • CUJ content
    Carolinas CU Execs Score $67,000 For Sick Kids’ Camp

    GREENVILLE, S.C. – Golfers from credit unions in North and South Carolina competed against each other in a charity golf event that raised more than $67,000 for the Victory Junction Gang Camp, a NASCAR-themed facility for chronically and terminally ill children.

    April 19
  • CUJ content
    Associated CU Donates $10,000 To American Red Cross

    NORCROSS, Ga. – Associated CU said its non-profit Associated CU Foundation contributed $10,000 to the American Red Cross.

    April 19
  • Lending
    Three More CUs Join Northeast CUSO For MBL Services

    KEENE, N.H. – Northeast CUSO has added three more credit unions to the credit union service organization that services and manages business loans.

    April 19
  • Branch network
    Langley FCU To House ClearPoint Credit Counseling

    NEWPORT NEWS, Va. – Langley FCU said it has agreed to donate office space to ClearPoint Credit Counseling Solutions, which will provide counseling and educational presentations to credit union staff, members and the public.

    April 19
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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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