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Market Intelligence:
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  • Lending
    Tampa Bay FCU Rolls Out FHA-Backed Home Loans

    TAMPA, Fla. – Tampa Bay FCU has introduced home loans insured by the Federal Housing Administration for low- and moderate-income homebuyers.

    November 18
  • CUJ content
    California CUs Approve Public Advocacy Campaign

    LAS VEGAS – Delegates of the California Credit Union League on Wednesday approved an assessment on member CUs for continuing a public advocacy program – albeit a stripped-down version.

    November 18
  • Corporate credit unions
    Perkins Asks CUs To Give Second Chance To WesCorp

    LAS VEGAS – The president and CEO of WesCorp said credit unions will have the opportunity for a “fresh start” with their corporate network when NCUA releases its proposed rules for corporates today – and he asked CUs to stick with the conserved corporate.

    November 18
  • CUJ content
    CUNA CEO Search Moves Ahead

    WASHINGTON – CUNA has hired executive search firm Russell Reynolds Associates of New York to help it find a successor to Dan Mica, who has announced he will step down as head of the credit union group in January 2011.

    November 18
  • CUJ content
    Union Figure Guilty In Phony CU Membership Scheme

    PHILADELPHIA – The president of the local aerospace union here was convicted this week of a $2.5 million loan scheme that offered unqualified people membership at Boeing Helicopters CU, where he doubled as an executive, in exchange for kickbacks.

    November 18
  • CUJ content
    Repo Bid Spawns CU Bomb Threat

    SACRAMENTO, Calif. – A member in danger of having his car repossessed is accused of threatening to blow up Sacramento CU branch.

    November 17
  • CUJ content
    Wedding Bills Are Ringing At Tropical Financial CU

    MIRAMAR, Fla. – Members of Tropical Financial CU can now add weddings to free checking, savings and other services available at their credit union.

    November 17
  • CUJ content
    SchoolsFirst FCU Members Scammed In Cards Skimming

    WESTMINISTER, Calif. – Two men were charged yesterday with skimming more than $150,000 from credit card holders with the use of phony credit card readers, or skimmers.

    November 17
  • Technology
    Oregon Employees FCU Joins Credit Union 24

    SALEM, Ore. – Oregon Employees FCU said yesterday it has joined the Credit Union 24 ATM and POS network.

    November 17
  • CUJ content
    Greylock FCU Donates $10,000 To Community Dental Program

    PITTSFIELD, Mass. – Greylock FCU has contributed $10,000 to a $135,000 building campaign of Hillcrest Dental Care.

    November 17
  • Technology
    Smart Financial CU Launches Instant Card Issuance

    HOUSTON – Smart Financial CU said it rolled out an instant issue debit card program.

    November 17
  • Technology
    1st Advantage FCU Adds Geezeo’s Online Chat

    YORKTOWN, Va. – 1st Advantage FCU has signed with Geezeo to offer the company’s White Label Community Internet platform to its members.

    November 17
  • Lending
    Technology CU Offers Jumbo Loans Up To $1 Million

    SAN JOSE, Calif. – Technology CU announced yesterday the introduction of a five-year ARM for as much as $1 million for

    November 17
  • CUJ content
    Bid Would Carve CUs Out Of ‘Too Big To Fail’ Bill

    WASHINGTON – The House Financial Services Committee is expected to vote today on a proposal to exempt all financial institutions under $75 billion in size–meaning all credit unions–from contributing to a systemic risk fund that would liquidate failed institutions once considered “too big too fail.”

    November 17
  • CUJ content
    Senate Sees Stiffer Rules For Overdraft Protection

    WASHINGTON – The chairman of the Senate Banking Committee said yesterday the Senate may pass legislation regulating overdraft protection fees that goes beyond the opt-in requirements the Federal Reserve announced last week.

    November 17
  • Performance reports
    Bank’s Woes Pose CU Opportunity In Unprecedented Branch Deal

    EAU CLAIRE, Wis. – Financial problems faced by one bank in this state played right into the hand of Royal CU, which agreed to acquire 11 branches from troubled AnchorBank as part of its growth strategy.

    November 17
  • CUJ content
    Royal CU Buys 11 AnchorBank Branches

    EAU CLAIRE, Wis. – In the biggest deal of its kind, Royal CU announced this morning it has agreed to acquire 11 branches in northwestern Wisconsin from troubled AnchorBank.

    November 17
  • CUJ content
    Mountain America CU Scores Almost $12,000 For Local Schools

    ST. GEORGE, Utah – Mountain America CU donated $11,875 to the Washington School District it raised during its eighth annual "Scores for Schools" program.

    November 16
  • CUJ content
    Charter Oak FCU Pledges $30,000 To Domestic Violence Center

    GROTON, Conn. – Charter Oak FCU has committed to providing $30,000 in funding for the Women’s Center of Southeastern Connecticut.

    November 16
  • Technology
    Space Coast CU Has Cornerstone Help Integrate Eastern Financial Florida CU Merger

    MIAMI – Space Coast CU said it has hired Cornerstone Advisors to provide systems conversion and integration management for its merger with Eastern Financial Florida CU, the biggest credit union merger ever.

    November 16
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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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