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  • CUJ content
    Ent FCU Raises $119,000 For United Way

    COLORADO SPRINGS – Ent FCU wrapped up another successful United Way campaign – raising $119,170 exclusively from its employees’ generosity and passion for the community.

    December 9
  • CUJ content
    Baxter CU Acquires Ailing Brunswick Employees CU

    VERNON HILLS, Ill. – Baxter CU, a $1.4 billion credit union giant, said it has acquired Brunswick Employees CU, a troubled $7 million credit union in nearby Lake Forest, Ill.

    December 9
  • Branch network
    Syracuse Cooperative FCU Adds High School Branch

    SYRACUSE, N.Y. – Students at Fowler High School will open an adjunct branch of Syracuse Cooperative FCU today.

    December 9
  • Branch network
    AmeriChoice FCU Opens Fourth In-School Branch

    CUMBERLAND, Penn. – AmeriChoice FCU opened its latest student-run branch Friday in the Cumberland Valley School District.

    December 9
  • Lending
    West Branch Valley FCU Launches CU Student Choice Loans

    WILLIAMSPORT, Penn. – West Branch FCU said it has joined the CU Student choice private student loan program.

    December 9
  • Lending
    Members Cooperative CU Joins cuStudentLoans.org

    CLOQUET, Minn. – Members Cooperative CU is the first Minnesota credit union to join a cooperative student lending network, cuStudentLoans.org, which provides lessons in financial literacy as it hands out student loans.

    December 9
  • CUJ content
    Wall Street Downgrades CU Mortgage Insurer CMG

    WALL STREET – Fitch Ratings downgraded CMG Mortgage Insurance Co. yesterday four notches, to "BBB" from "A+," on increasing prime delinquencies and their potential impact on capitalization on the mortgage insurer for credit unions.

    December 9
  • CUJ content
    Navy FCU To Add 1,000 Jobs

    VIENNA, Va. – In the biggest credit union expansion ever, Navy FCU said it plans to hire as many as 1,000 employees in 2010 to help fill vacancies in its growing call center operations and new branches.

    December 9
  • CUJ content
    Huge Storm Batters CUs Across Country

    DES MOINES, Iowa – A massive winter storm that affected nearly two-thirds of the country left entire states paralyzed and shuttered credit unions across swaths of the Midwest yesterday.

    December 9
  • CUJ content
    CU Lobby Works To Minimize Impact Of Omnibus Financial Services Bill

    WASHINGTON – Credit union lobbyists were working with members of the House Rules Committee late last night on efforts to limit the impact on credit unions of a massive financial services bill, which the House will begin to debate this afternoon.

    December 9
  • CUJ content
    Two Men Jailed For Drug-Addled Robbery Spree

    SALEM, Mass. – Two men who robbed or tried to rob 11 area banks in 11 days in 2008, then ended after they hit a Digital FCU branch in nearby Nashua, N.H., were each sentenced this week to two-to-five years in state prison.

    December 8
  • Technology
    myAutoloan.com Wins Patent For Uniform Loan App

    IRVING, Texas – Online auto loan finance company myAutoloan.com said yesterday it has been granted a U.S. patent for technology that allows consumers to complete one application for any loan product such as a new or used auto purchase, refinancing of an existing auto loan, boat or mortgage loan resulting in online, real time multiple loan offers from participating finance companies, banks and credit unions.

    December 8
  • CUJ content
    Moonlight CU Supports Worldwide Charity

    WORTHINGTON, Penn. – Employees at Moonlight CU supported the local Samaritan’s Purse this Christmas season, filling more than 25 boxes with toys, toiletry items, and basic necessities to be distributed to individuals in need around the world.

    December 8
  • CUJ content
    MCT FCU Helps Needy Families With Housing Subsidies

    ROCKVILLE, Md. – MCT FCU adopted four underserved families this holiday season for its third annual Holiday Wishes donation drive.

    December 8
  • CUJ content
    Community Resource FCU Joins UsNet Shared Branch Network

    LATHAM, N.Y. – Community Resource FCU said it has become a member of the Universal Sharing Network’s shared branch network operated by the New York CU League.

    December 8
  • CUJ content
    Three Small Connecticut CUs Combine

    HARTFORD, Conn. – Two tiny credit unions based in nearby Bloomfield, American Mutual CU and Jordan Mutual CU, both under $200,000 in assets, plan to merge into Victory/Piaterer Mutual Benefit Association (credit union), which has slightly more than $2 million in assets.

    December 8
  • Lending
    Telesis Community CU Seeks Receiver For Failed Member Business Loan Project

    CHATSWORTH, Calif. – Telesis Community CU is asking a federal court in Florida to appoint a receiver for a troubled shopping mall development that has defaulted on an $11 million member business loan.

    December 8
  • Corporate credit unions
    Georgia Central Corporate CU Reports More Depletion Of Member Capital

    DULUTH, Ga. – Georgia Central CU said additional losses on its U.S. Central FCU holdings will force it to deplete its own members’ capital by an additional $12 million on Dec. 22, the latest trickle-down of U.S. Central losses.

    December 8
  • Branch network
    Gesa CU Opens New Headquarters

    RICHLAND, Wash. – Fast-growing Gesa CU opened its new corporate offices Monday, in a newly constructed four-story, 76,000 square-foot building downtown.

    December 8
  • Branch network
    Troubled Arizona FCU To Close Eight More Branches

    PHOENIX – Arizona FCU, which has been fighting one of the worst economies in the country, said yesterday it plans to close eight more branches in 2010 to help cut expenses.

    December 8
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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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