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Market Intelligence:
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Industry Data
  • The key ingredients for leadership

    Leading a credit union can be exhausting. Implementing these best practices can help ease the burden.

    March 1
    Richard Gallagher
    Richard Gallagher
    Oak Tree Business Systems, Inc.
  • Growth strategies
    Making a difference with denim: Credit unions in the community

    A number of credit unions made donations to help charitable causes, including one institution where employees wore jeans to help a dozen nonprofits.

    By Melissa Angell
    Reporter
    March 1
    Credit Union of Ohio CUJ 22719.JPG
  • Compliance
    NCUA bans former credit union employee

    The National Credit Union Administration issued a prohibition order against Deborah Peters, who worked at Wilkes-Barre City Employees Federal Credit Union.

    By Palash Ghosh
    February 28
    ncua 2
  • C-suite
    Building the movement: Executives on the move

    The industry has recognized, hired and promoted a variety of executives, including the Minnesota Credit Union Foundation honoring several individuals for their contributions.

    By Palash Ghosh
    February 28
    AdobeStock_168787919.jpeg
  • Succession planning
    New leadership named at Iowa, Illinois credit unions

    E.J. Donaghey has left University of Illinois Credit Union to become the new president and CEO of Fort Dodge, Iowa-based Citizens Community CU.

    By Palash Ghosh
    February 28
    E.J. Donaghey is new CEO of Citizens Community CU
  • Balancing member experience and fraud prevention

    Credit unions must walk a fine line between making interactions for members as easy as possible while also providing robust protection against evolving cybersecurity threats.

    February 28
    Christina Luttrell
    Christina Luttrell
    IDology
  • Field of membership
    After Iowa fracas, bankers try again in Nebraska

    Credit unions in the Cornhusker State are waiting to see whether lawmakers move forward on on a bill that would allow banks the opportunity to block field of membership expansions.

    By Michael Bartlett
    February 28
    CUJ 022719-Nebraska charters
  • Financial regulations
    Credit union CEO appointed to Fed advisory council

    Bill Schirmer, president and CEO of Evansville Teachers FCU, will serve a three-year term on a panel for the Federal Reserve Board of St. Louis.

    By Palash Ghosh
    February 27
    Bill Schirmer is ETFCU president and CEO
  • Revenue and expenses
    TruStar Federal Credit Union paid out $750K to members

    The payment marks the fifth consecutive year the Minnesota-based institution has issued a patronage dividend.

    By Melissa Angell
    Reporter
    February 27
    TruStar CUJ 219.jpeg
  • M&A
    Central Minnesota CU to add to footprint with proposed merger

    Soo Line Credit Union would merge into Central Minnesota Credit Union, creating an institution with more than $1.1 billion in assets.

    By Palash Ghosh
    February 27
    Soo Line CU
  • Mortgages
    How BECU tweaked its home-buyer grant program for round 2

    The Washington-based credit union has set aside $1 million to help members with down payments for mortgages.

    By Michael Bartlett
    February 27
    Lorraine Stewart BECU VP mortgage
  • Credit reporting
    House banking panel bemoans credit bureaus' 'oligopoly'

    The root of the credit reporting sector’s problems may be its dominance by a handful of big firms, lawmakers from both parties said at a hearing.

    Neil Haggerty is the Congress reporter for American Banker.
    By Neil Haggerty
    Reporter
    February 27
    Rep. Patrick McHenry, R-N.C.
  • Earnings
    Citadel Federal Credit Union to fill 100 positions

    The Exton, Pa.-based institution plans to open new branches in three counties after posting 11 percent growth in loans last year.

    By Palash Ghosh
    February 26
    Citadel
  • Student loans
    Student lending CUSO to open new facility in San Antonio

    Credit Union Student Choice's decision to open a management center in Texas follows a similar move by Pentagon Federal Credit Union earlier this year.

    By Palash Ghosh
    February 26
    Scott Patterson, CU Student Choice
  • Law and regulation
    What to expect from a new NCUA board

    From cybersecurity to capital, here's what the next NCUA board might (or might not) do on a host of issues.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 26
    Todd Harper, left, and Rodney Hood, nominees to the National Credit Union Administration board, seen here during a Feb. 14, 2019 confirmation hearing before the Senate Banking Committee
  • Earnings
    Wisconsin credit unions post double-digit growth in loans in 2018

    The Badger State's institutions also saw earnings and allowance for loan losses increase.

    By Palash Ghosh
    February 25
    Wis CUs
  • Law and regulation
    Week ahead: NCUA nominations, data security and more

    The Senate Banking Committee will likely vote on Todd Harper and Rodney Hood's nominations to the federal regulator, while lawmakers hold hearings on a host of credit union priorities.

    By Melissa Angell
    Reporter
    February 25
    Capitol Hill, Washington D.C.
  • Succession planning
    Cascade Community Credit Union appoints interim chief

    Lynn Calvert will lead the institution on an interim basis after Robert E. Dempsey recently passed away.

    By Palash Ghosh
    February 25
    Robert Dempsey is the former CEO, Cascade Community
  • Diversity and equality
    Mix, mingle, mentor: Women make time for face time at Fundera

    Three years ago, the New York-based fintech started organizing a monthly gathering for its female employees. The meetings have helped participants find role models.

    By Melissa Angell
    Reporter
    February 24
    022119-CUJ-WOMENFINTECHS (3).jpeg
  • M&A
    Two Missouri credit unions set to merge

    Members of District 8 Highway Employees CU have approved a proposal to become part of Metro Credit Union.

    By Palash Ghosh
    February 22
    Metro CU merger
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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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