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Market Intelligence:
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Industry Data
  • Finance, investment and tax-related legislation
    Week ahead: Shutdown, NCUA expenses and ADA lawsuits

    More credit unions are offering members who are federal employees going without pay relief while industry trade groups urge Washington to end the closure.

    By Melissa Angell
    Reporter
    January 22
    A close up of the capital building with an American flag
  • The next frontier for credit union mergers

    Most bigger banks aren't interested in buying out their smaller counterparts, but these institutions are of interest to credit unions looking to grow.

    January 22
    Richard Gallagher
    Richard Gallagher
    Oak Tree Business Systems, Inc.
  • ATMs
    Your ATMs are germ central

    Bathrooms are probably cleaner than automated teller machines at banks and credit unions across the country, according to a new study. Here are some insights on how to protect public health – and your financial institution's image.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 22
    ATM Cleanliness - CUJ 011819.jpeg
  • Corporate philanthropy
    PenFed in Puerto Rico and more: Credit unions in the community

    From hurricane relief and financial education to mac and cheese bak offs and beyond, here's another look at how credit unions are making a difference in the communities they serve.

    By Melissa Angell
    Reporter
    January 18
    Pen Fed CUJ 011919.png
  • Field of membership
    Northwest Community CU expands field of membership

    The Chicago-area credit union can now accept members who live or work in a variety of Illinois counties.

    By Palash Ghosh
    January 18
    Jose Garcia, CEO of Northwest Community Credit Union
  • M&A
    California credit unions prepare to complete merger

    Coast-Tel Federal Credit Union is merging into Bay Federal Credit Union on Feb. 1 with the integration expected to be completed by midyear.

    By Melissa Angell
    Reporter
    January 18
    Carrie Birkhofer, president and CEO of Bay FCU
  • Growth strategies
    Dow Chemical Employees’ Credit Union makes record payout to members

    The Midland, Mich.-based institution returned $19.4 million to members for 2018 through rewards and dividends.

    By Palash Ghosh
    January 18
    DCECU
  • Government shutdown
    Bad for business? Weighing shutdown’s impact on commercial loans

    Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    January 18
    CUJ-011819-COMMERCIAL.jpeg
  • Marijuana banking
    Barr eases pot banking concerns, but banks and CUs still in limbo

    Attorney General-nominee William Barr signaled this week he was not likely to crack down on financial institutions serving pot businesses, but even if he is confirmed and sticks with his assurance, the situation is far from resolved

    By Hannah Lang
    Reporter
    January 17
    William Barr, attorney general nominee for President Donald Trump, listens during a Senate Judiciary Committee confirmation hearing in Washington on Jan. 15, 2019.
  • Workforce management
    Credit union execs reaching for their next opportunity

    Institutions across the country have announced new additions to their staffs and have recongized outstanding work by employees.

    By Palash Ghosh
    January 17
    Hired stock art
  • Regulatory reform
    McWatters pledges greater diversity at NCUA

    During the National Credit Union Administration's monthly meeting on Thursday, Chairman J. Mark McWatters noted that the agency was making progress on hiring more women and minorities.

    By Melissa Angell
    Reporter
    January 17
    Mark McWatters Rick Metsger NCUA Board
  • Growth strategies
    Evansville Teachers Federal Credit Union pays out $3.8M to members

    The Indiana-based institution's distribution for 2018 was up more than 60 percent from the previous year.

    By Palash Ghosh
    January 17
    Bill Schirmer is ETFCU president and CEO
  • Succession planning
    Amarillo Community Federal Credit Union welcomes new CEO

    Scott Rose, who will join the Texas institution in February, has worked in the credit union industry for more than 25 years.

    By Melissa Angell
    Reporter
    January 17
    Scott Rose CUJ 11619
  • Strategic buyers
    Could strategic mergers hasten industry consolidation?

    A number of healthy credit unions have undertaken “mergers of equals” to bolster long-term prospects. But those institutions are opening themselves up to unique risks and challenges as a result.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    January 17
    CUJ-011119-MERGERS (5).jpeg
  • Fiserv-First Data: Why small banks and credit unions fear big fintech

    The large core banking software vendors are already criticized as large and slow-moving. Consolidations like these are only likely to make them more so.

    January 16
    Penny Crosman
    Penny Crosman
    American Banker
  • Succession planning
    A+ Federal Credit Union launches search for next CEO

    Kerry Parker, the Austin, Texas-based credit union's current CEO, expects to retire around midyear.

    By Palash Ghosh
    January 16
    Kerry Parker is CEO of A+ Federal Credit Union
  • Growth strategies
    Northwest-area credit unions deliver $7.8B in economic impact: Study

    Credit unions in Idaho, Oregon and Washington gave a $603 million direct financial benefit to members, according to a new report, which also showed membership growth outpacing population growth in much of the region.

    By Palash Ghosh
    January 16
    Troy Stang, NWCUA
  • Performance reports
    CommunityAmerica Credit Union's membership gets back $8.4M

    This is the seventh consecutive year that the Kansas City area institution has returned at least $5 million to its members.

    By Melissa Angell
    Reporter
    January 16
    money-sack-fotolia.jpg
  • Brexit
    Parliament's Brexit rejection won't make life easier for credit unions

    Ten weeks remain until Great Britain is set to leave the European Union, but the chaos of the entire Brexit process brought much of the British credit union industry's regulatory priorities to a halt.

    By Melissa Angell
    Reporter
    January 16
    CUJ Brexit GDP 011519.jpeg
  • Federal credit unions
    CU trades: NCUA must make it easier to recruit directors, expel members

    CUNA and NAFCU both issued letters to the National Credit Union Administration suggesting ways federal credit union bylaws could be amended.

    By Melissa Angell
    Reporter
    January 15
    ncua 2
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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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