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  • Branch network
    BECU Opens Branch in Underserved Seattle Neighborhood

    SEATTLE – BECU last week held a grand opening for its newest branch, which is in the underserved neighborhood of Lower Queen Anne.

    February 7
  • CUJ content
    U$X FCU Pays Loyalty Dividend

    CRANBERRY TOWNSHIP, Penn. – U$X FCU paid its members a loyalty reward for the eighth straight year.

    February 7
  • Branch network
    Charlotte Metro CU Buys Branch From Coastal FCU

    CHARLOTTE, N.C. – Charlotte Metro CU has agreed to acquire one of the three local branches being closed by Coastal FCU in the University area.

    February 7
  • CUJ content
    Power Financial CU Offers Small Business Makeover

    PEMBROKE PINES, Fla. – Power Financial CU is offering local businesses the chance to have a team of professionals examine their company's financial platform, evaluate their marketing communications and win a $1,000 gift card to Staples, as part of its second annual Small Business Makeover Challenge.

    February 7
  • CUJ content
    Guilty Plea Doesn’t Deter Identity Thief

    PORTLAND, Ore. – Authorities hope a 10-year prison sentence will finally deter a woman who continued to rob area credit unions and banks as part of an identity theft ring while she was continuing to ply her trade.

    February 7
  • CUJ content
    Virginia Lawmakers Eyes CU Charter Choice Bill

    RICHMOND, Va. – The state House Commerce and Labor Committee voted unanimously in favor of substitute language for a banker-sponsored bill early Friday morning.

    February 7
  • CUJ content
    Super Sunday Means Work-Less Monday At New Orleans CU

    NEW ORLEANS – ASI FCU is closing its 14 branches and giving its 200 employees the day off to celebrate the local New Orleans Saints’ role in yesterday’s Super Bowl.

    February 7
  • CUJ content
    Heartland Payments Settlement Not Good Enough For CU Victims Of Cards Breach

    HOUSTON – Dozens of credit unions are walking away from the $60 million payment Visa issuers will get for the costs they incurred for the massive credit card breach at Heartland Payments System.

    February 7
  • Performance reports
    Losses Grow At Troubled Wescom Central CU

    PASADENA, Calif. – Wescom Central CU, showing the worst effects of the Southern California real estate bust, reported a $93.6 million loss for 2009 on Friday.

    February 7
  • CUJ content
    Utah CU Giant Acquires Another CU Failure

    OGDEN, Utah – America First CU, the state’s largest credit unions, was approved to acquire troubled Mountain High FCU, its second deal for a failed credit union in recent months, NCUA reported Friday.

    February 7
  • CUJ content
    Drama Over Failed California CU Moves Off Broadway

    OAKLAND, Calif. – A simmering battle over the one-time headquarters of defunct Kaiperm FCU is shining a rare light on the behind-the-scenes machinations involved in the sale – the so-called purchase and assumption – of failed credit unions.

    February 7
  • CUJ content
    MasterCard Reports Higher Profits

    PURCHASE, N.Y. – MasterCard said yesterday its fourth-quarter profit rose 23% as the card company raised its fees to offset fading credit card use in the U.S.

    February 4
  • CUJ content
    Metavante Deal Pushes Fidelity National Information Into The Red

    JACKSONVILLE, Fla. – Fidelity National Information Services reported a $53.9 million fourth quarter loss yesterday, due to an $87.6 million charge for its recently completed acquisition of Metavante Technologies.

    February 4
  • CUJ content
    Member Tries To Deposit Cocaine

    AUSTIN, Texas – A member of Austin Telco FCU is wanted by police after he allegedly tried to deposit some cocaine along with cash into his credit union account.

    February 4
  • CUJ content
    Cyprus CU Donates $25,000 To Schools

    WEST JORDAN, Utah – Cyprus CU donated $25,000 this week to the 100% For Kids Credit Union Education Foundation, which in turn will be given to Utah schools.

    February 4
  • CUJ content
    Gwinnett FCU Grants $63,000 In College Scholarships

    LAWRENCEVILLE, Ga. – Gwinnett FCU announced it will be funding $63,500 in scholarships this year.

    February 4
  • CUJ content
    Another New Orleans CU Member Guilty Of Post-Katrina ATM Theft

    NEW ORLEANS – Another member of New Orleans Firemen’s FCU pleaded guilty this week to stealing cash from the credit union’s ATM after electric outages caused by the August 2005 Hurricane Katrina forced the credit union to go offline with its cash machines.

    February 4
  • Lending
    Mortgage Rates Edge Up

    WASHINGTON – Mortgage rates moved slightly higher this week, but remained near decades lows, according to Freddie Mac.

    February 4
  • Lending
    Michigan CUs Team With Governor On Economic Stimulus

    LANSING, Mich. – The state’s leadership announced a partnership to channel as much as $43 million of credit union loans to Michigan’s small businesses.

    February 4
  • CUJ content
    San Diego County CU’s CEO Retires Due To Illness

    SAN DIEGO – San Diego County CU, one of the few healthy large credit unions in Southern California, said its long-time president Iren Oberbauer will retire for health reasons.

    February 4
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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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