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Market Intelligence:
AI
Payments
Research
Industry Data
  • Diversity and equality
    Credit union boards aren't evolving with the rest of the industry

    Even as the movement grows through charter changes and field of membership expansions, some observers say many boards don’t yet reflect this dynamic.

    By Michael Bartlett
    February 19
    Board recruitment - CUJ 021319.jpeg
  • Corporate philanthropy
    Anniversary celebrations: Credit unions in the community

    From celebrations marking half a century and more than a century to supporting the homeless, new babies and more, here's a look at the work credit unions are doing in their communities.

    By Melissa Angell
    Reporter
    February 15
    HHCU CUJ 21319.JPG
  • Financial planning
    When romance turns to divorce, where's the credit union?

    Credit unions tout their readiness to assist with a variety of life stages, but a loan product for one of the most difficult potential life experiences is virtually nowhere to be found.

    By Michael Bartlett
    February 15
    Marriage and divorce rates - CUJ 021419.jpeg
  • Consolidations
    N.Y. credit union set to complete merger into XCEL FCU

    Members of NBC (NY) Employees Federal Credit Union have approved the merger into the Bloomfield, N.J.-based XCEL.

    By Palash Ghosh
    February 15
    Arlene Bernard, president and CEO of XCEL
  • Marijuana banking
    Pot banking CUSO goes national

    Katrina Skinner is set to take the helm permanently at Safe Harbor Services, a credit union service organization for financial institutions serving the legal marijuana industry.

    By Michael Bartlett
    February 15
    Katrina Skinner, president of Safe Harbor Services
  • C-suite
    On the job: Executives on the move

    From branch management all the way to a spot on a Federal Reserve panel, credit union executives are making big career moves.

    By Palash Ghosh
    February 14
    corner office intro.jpg
  • Financial regulations
    NCUA nominees pledge ‘effective, but not excessive’ regulation

    A Senate confirmation hearing for Todd Harper and Rodney Hood focused on a recent scandal at the National Credit Union Administration, a controversial appraisal rule, regulatory consistency and more.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 14
    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
  • Audit
    Regulators aim to simplify audits for small credit unions

    The National Credit Union Administration board was also briefed on a final interagency rule regarding private flood insurance during its regular monthly meeting.

    John Reosti Author Image
    By John Reosti
    Reporter
    February 14
    Mark McWatters Rick Metsger NCUA Board
  • Banks, clean up your own mess

    Criticism of the National Credit Union Administration is unwarranted given the myriad of abuses banks commit.

    February 14
    Carrie Hunt
    Carrie Hunt
  • Growth strategies
    Coastal Credit Union pays out record dividend

    Wymar Federal Credit Union in Louisiana has also distributed a bonus to members.

    By Palash Ghosh
    February 14
    Coastal Credit Union CEO Chuck Purvis
  • Cyber Security
    Wendy's to pay $50M in data breach case

    The Credit Union National Association and several institutions sued the fast food business after a data breach in 2016.

    By Melissa Angell
    Reporter
    February 14
    Jim Nussle, CUNA
  • Cyber Security
    Credit union BSA officers targeted in phishing scam

    The emails were disguised as being sent from BSA executives at other institutions and claimed that a member’s transfer was halted due to suspected money laundering.

    By Melissa Angell
    Reporter
    February 13
    AdobeStock_189323690_Preview.jpeg
  • Congress, make the NCUA board do its job

    The National Credit Union Administration has become too soft on the industry it is supposed to regulate. A hearing on two board nominees is a chance for Congress to change this.

    February 13
    John Sorensen
    John Sorensen
    Iowa Bankers Association
  • Marijuana banking
    Now or never for pot banking?

    A MAPS Credit Union executive told the House Financial Services Committee her institution is proof credit unions and banks can safely serve the legal weed space.

    By Melissa Angell
    Reporter
    February 13
    Rachel Pross, chief risk officer at Maps Credit Union in Salem, Ore., testifying before the House Financial Services Committee in a Feb. 13, 2019 hearing on pot banking
  • NFC
    PenFed and big bank rivals driving the switch to contactless payments

    Pentagon Federal Credit Union, JPMorgan Chase, Capital One, Citigroup and a handful of others have pumped more than 100 million contactless credit and debit cards altogether into the U.S. market recently, but it’s a drop in the bucket in the world’s largest card market.

    By Kate Fitzgerald
    Senior Editor, Payments
    February 13
    Chart: A steady climb
  • C-suite
    Changes in mortgage departments: Executives on the move

    A number of credit unions across the country have made hires and announced promotions, including to their mortgage teams.

    By Palash Ghosh
    February 12
    AdobeStock_138856061.jpeg
  • Succession planning
    Star of Texas Credit Union gets new sheriff

    Stephanie Sievers, who already has experience running two small credit unions, will take over at the $35 million-asset CU.

    By Palash Ghosh
    February 12
    Stephanie Sievers is CEO of Star of Texas Credit Union
  • Growth strategies
    Missouri Central Credit Union issues $100k dividend

    The Lee's Summit, Mo.-based institution has paid out $350,000 over the last five years to members.

    By Melissa Angell
    Reporter
    February 12
    Missouri Chart CUJ 21119.jpeg
  • C-suite
    Sure, you're the credit union CEO, but what's your side hustle?

    In a throwback to the movement's early days, a handful of CEOs are dually employed by their credit unions and the institution's sponsor organization.

    By Palash Ghosh
    February 12
    Multiple jobholders - CUJ 021119.jpeg
  • M&A
    Trellance, OnApproach merger creates analytics giant

    OnApproach was launched in 2005, while Trellance was launched just two years ago as a division of CSCU

    By Michael Bartlett
    February 11
    Tom Davis, Trellance (former CEO of CSCU, which created Trellance)
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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

Download the American Banker app

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