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  • CUJ content
    5 Banks In 5 Different States Fail

    WASHINGTON-Regulators recently shut down banks in Florida, Missouri, New Mexico, Oregon and Washington, bringing to nine the number of bank failures so far in 2010, following 140 closures last year.

    February 1
  • CUJ content
    VyStar CU Eyes New Markets

    JACKSONVILLE, Fla.-VyStar CU, which serves 15 Florida counties, has applied to state regulators to add two more, Hamilton and Suwannee.

    February 1
  • CUJ content
    Robber Lives Across The Street

    CORPUS CHRISTI, Texas-A man who allegedly robbed a Star CU branch was arrested minutes later after a bystander followed him home-across the street from the branch.

    February 1
  • CUJ content
    N.H. League Using Green Contest, Lending Program to Promote CUs

    MANCHESTER, N.H.-The New Hampshire CU League is backing an effort that helps cut consumers' energy costs while simultaneously offering an opportunity to boost CU lending.

    February 1
  • Branch network
    Robberies Lead to Closure, But Others Stress Low-Income Doesn't Mean High Crime

    PITTSBURGH-A-K Valley FCU's recent to close a branch due to repeated robberies raises a question for some over whether operating branches in low-income or high-crime neighborhoods is a losing proposition.

    February 1
  • Branch network
    Why Coastal FCU Is Exiting One Market to Focus at Home

    RALEIGH, N.C.-On Feb. 26, Coastal Federal Credit Union will close its three-branch network in the Charlotte area as part of its strategy to focus on and expand operations in the Raleigh-Durham market known locally as the "Triangle."

    February 1
  • Hard Questions, No Easy Answers for One NCUA Board Member

    The "Q&As" that often follow speakers' remarks at CU conferences often stand for "Quaint Atmosphere." Audience members lob up softball questions. Speakers bunt them back. Not so when NCUA board member Gigi Hyland was speaking at a meeting last week.

    February 1
  • How Mapping Out Requirements Can Help Your Credit Union Deal with Privacy

    It's the "Don't Know What You Don't Know" that can give you a false sense of security, or can keep you up at night wondering if there is some regulation or industry requirement you're not complying with, or if there is something out there that will change, or is currently changing, your sensitive data from private to public.

    February 1
  • CUJ content
    Employee Charged With Stealing To Support Gambling Habit

    PITTSBURGH – A former employee of Murrysville MSA Branch Employee FCU last week was charged with stealing more than $127,000 from the credit union to help support her gambling addiction.

    January 31
  • CUJ content
    Loan Officer Guilty Of $171,000 Fraud

    GREENBELT, Md. – A former loan supervisor for Education Systems Employees FCU last week pleaded guilty to embezzling $171,000 from the credit union through an identity theft scheme.

    January 31
  • Branch network
    Medical Area FCU Opens Loan Center In Low-Income Neighborhood In Boston

    BOSTON – Medical Area FCU last week said it is opening a lending center in Boston's low-income Dorchester neighborhood today.

    January 31
  • CUJ content
    MidFirst CU Launches Hot Air Balloon Festival

    MIDDLETOWN, Ohio – MidFirst CU has donated $20,000 to help sponsor the Ohio Challenge Hot Air Balloon Festival.

    January 31
  • Technology
    Truliant FCU Rolls Out Blog As Focus Of Social Media Initiative

    WINSTON-SALEM, N.C. – Truliant FCU will introduce a new online blog today which will combine with its presence on Facebook, Twitter, YouTube and flickr for a comprehensive social media offering.

    January 31
  • CUJ content
    Kitsap CU Raises $22,000 For United Way

    BREMERTON, Wash. – In a just 55 minutes, Kitsap CU employees contributed $2,200 to United Way as they duct-taped regional manager Jerry Richardson to a wall during a special fund raising event on Friday morning.

    January 31
  • CUJ content
    Merger Marks New Edition For Troubled Newspaper CU

    TUCSON, Ariz. – Vantage West CU said Friday it has agreed to acquire First Edition Community CU, an ailing $39 million credit union serving employees of the Arizona Republic newspaper.

    January 31
  • Lending
    NuUnion CU Rolls Out K-12 Education Loans

    LANSING, Mich. – NuUnion CU last week launched a new student loan program to help parents pay for private kindergarten, elementary and high school.

    January 31
  • Lending
    Student Loan Bill Stalled In Senate

    WASHINGTON – A bill that would eliminate the role of credit unions and banks in the guaranteed student loan program that easily passed the House last year has hit roadblocks in the Senate and could be doomed.

    January 31
  • CUJ content
    Money For Nothing: Passers-By Pocket Wayward $20 Bills

    MANCHESTER, N.H. – Brink’s guards hustled to collect as much as $2,000 in crisp $20 bills blowing through the wind Friday when a container holding money unfastened while an ATM at St. Mary’s Bank was being replenished.

    January 31
  • CUJ content
    Six Banks In Five States Fail

    WASHINGTON – Banking regulators on Friday closed six community banks, making a total of 15 failures already in 2010.

    January 31
  • CUJ content
    Dissident CU Group Reemerges In Fight Over Regulatory Powers

    OLYMPIA, Wash. – In a little-publicized series of hearings two weeks ago, state regulators, concerned about the growing number of troubled institutions, asked the legislature for new powers over credit unions and banks.

    January 31
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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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