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Market Intelligence:
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Industry Data
  • Succession planning
    PSECU snags tech exec from Alliant Credit Union as next president

    George Rudolph will take over at Pennsylvania State Employees Credit Union in April as the institution's current president, Greg Smith, retires.

    By Palash Ghosh
    January 15
    George Rudolph is incoming president at PSECU
  • M&A
    VyStar is latest credit union to line up bank acquisition

    The deal for Citizens State Bank is part of VyStar's plan to expand throughout Florida and Georgia.

    By Palash Ghosh
    January 15
    Brian E. Wolfburg, VyStar Credit Union
  • Identity verification
    CULedger to test if CUs and blockchain are ready for prime time

    There are many contenders working towards developing a universal digital ID system. CULedger will test its offering later this week with a rollout scheduled for the second half of 2019.

    By John Adams
    Executive Editor, Payments
    January 15
    Julie Esser, chief engagement officer of CULedger
  • Succession planning
    Appalachian Community Federal Credit appoints interim CEO

    The Gray, Tenn.-based institution has named Kelly Smith as its temporary leader after Ron Scott resigned to move closer to family. He subsequently passed away.

    By Palash Ghosh
    January 14
    Kelly Smith is interim CEO, ACFCU
  • Finance, investment and tax-related legislation
    Week ahead: Limited business amid shutdown

    Despite the ongoing federal work stoppage, some scheduled activities are still taking place this week in Washington.

    By Melissa Angell
    Reporter
    January 14
    Capitol Hill, Washington D.C.
  • Growth strategies
    SAFE Federal Credit union members receive $1.2M in payout

    The South Carolina institution has returned more than $31 million to members over the last 22 years.

    By Palash Ghosh
    January 14
    Darrell Merkel, CEO of SAFE FCU
  • CUSOs
    New CUSO from Corporate One aims to be credit unions' guide to fintech

    The Ohio-based corporate has unveiled Sherpa Technologies, a credit union service organization intended to help CUs better navigate the tech landscape for financial institutions.

    By Melissa Angell
    Reporter
    January 14
    Melissa Ashley, EVP/CFO at Corporate One Federal Credit Union
  • Corporate philanthropy
    Viral #KiKiChallenge helps nets $150K for charity from Michigan CUs

    The Michigan Credit Union League donated money to the Children's Miracle Network every time an institution posted a video of its employees dancing to "In My Feelings" by Drake.

    By Melissa Angell
    Reporter
    January 14
    Dave Adams , MCUL
  • Workforce management
    Why government shutdown has CU staff canceling vacations

    With government workers off the job, some credit union call centers are extra busy as worried members reach out with questions.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 11
    President Donald Trump
  • Corporate philanthropy
    Enhancing financial literacy: Credit unions in the community

    From canned food drives to sponsoring a 5k race, here is a look at how credit unions are making a difference.

    By Melissa Angell
    Reporter
    January 11
    Employee raffle - Cara and Laura - 2018.jpg
  • Succession planning
    Insider named as next CEO of American Airlines FCU

    Gail Enda is taking over at the $7 billion-asset institution as its outgoing leader, Angie Owens, takes a job with American Airlines.

    By Palash Ghosh
    January 11
    Gail Enda is new CEO at American Airlines FCU
  • Financial wellness
    Foundation awards grants for CUs to assess programs

    Three credit unions will receive $18,000 each and work with the Center for Financial Services Innovation to track the strength of certain products and services.

    By Palash Ghosh
    January 11
    Nusenda CU branch in Albuquerque, N.M.
  • Marketing
    CUNA tops $25 million in commitments for national awareness campaign

    The trade association is seeking $100 million from credit unions over three years in support of its "Open Your Eyes" campaign.

    By Michael Bartlett
    January 11
    CUNA President and CEO Jim Nussle, speaking during America's Credit Union Conference 2018 in Boston.
  • Consumer lending
    Border patrol credit union caught in the middle of government shutdown

    As government employees carry on without pay, Cabrillo Credit Union and others must balance liquidity concerns with staying out of a political fight.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 11
    Shutdown impact - CUJ 011019.jpeg
  • Will your credit union be a digital innovator or imitator?

    Members prize good customer experience so to meet this expectation institutions need to develop a strategy for APIs.

    January 10
    Saoirse Hinksmon
    Saoirse Hinksmon
    SmartBear
  • Corporate credit unions
    Corporate Central Credit Union issues loyalty reward

    Last year Corporate Central returned more than $725,000 to its member credit unions, bringing the three-year total to $1.8 million.

    By Michael Bartlett
    January 10
    Chris Felton, president and CEO of Corporate Central Credit Union
  • Lending
    Credit quality could become casualty of government shutdown

    President Trump has threatened that the closure may go on for a prolonged period. This could lead to higher loan delinquencies at credit unions that serve federal workers.

    By Melissa Angell
    Reporter
    January 10
    CUJ-010919-SHUTDOWN (1).jpeg
  • Banker concerns about credit union mergers are overblown

    The banking industry is unduly worried that recent credit union deals could open the door for anyone to join.

    January 9
    Jim Nussle
    Jim Nussle
    America's Credit Unions
  • Branding
    New year, new name for Connecticut credit union

    After more than 60 years as Wepawaug-Flagg Federal Credit Union, the $116 million-asset institution has rebranded as Crosspoint FCU.

    By Palash Ghosh
    January 9
    Crosspoint
  • Succession planning
    MBL names new chief executive

    Shane Knighton, who previously worked at Member Business Lending, will take over for the retiring Gordon Dames, who served as interim CEO.

    By Michael Bartlett
    January 9
    Shane Knighton CEO of Member Business Lending CUSO
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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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