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Market Intelligence:
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Industry Data
  • Succession planning
    Ocean Financial FCU’s CEO to retire

    The credit union said that it has hired a firm to find a replacement for longtime President and CEO Joseph Garay.

    By Palash Ghosh
    January 8
    Oceanside Financial
  • Finance, investment and tax-related legislation
    CUNA pushes for credit union priorities in funding legislation

    The trade group hopes appropriations legislation for fiscal year 2019 will address confusion over websites being compliant with the ADA, among other concerns.

    By Melissa Angell
    Reporter
    January 8
    Jim Nussle, CUNA
  • CUSOs
    PSCU gives back $24.2 million to owners in dividend

    The credit union service organization based in Florida has returned more than $500 million in patronage dividends since 1994.

    By Melissa Angell
    Reporter
    January 8
    Dividend CUJ 1-8-19 (1).jpeg
  • CRA
    House diversity panel a doubled-edged sword for banks, CUs

    A Financial Services subcommittee planned by Democrats to root out discrimination and expand financial inclusion could put institutions on the hot seat, but it could also foster regulatory relief.

    Neil Haggerty is the Congress reporter for American Banker.
    By Neil Haggerty
    Reporter
    January 7
    Rep. Joyce Beatty, D-Ohio
  • Corporate finance
    CP Federal Credit Union issues rebate, dividend to members

    The Jackson, Mich.-based institution also made its largest donation ever to a program to help students pay for college.

    By Melissa Angell
    Reporter
    January 7
    Chrissy Siders CP Federal Credit Union
  • Law and regulation
    Week ahead: Shutdown has CUs in a pinch

    Now the third-longest shutdown in history, there are few signs the government will reopen anytime soon, and that's causing problems for lenders.

    By Melissa Angell
    Reporter
    January 7
    Capitol Hill, Washington D.C.
  • Succession planning
    New leadership at Triangle Credit Union

    A. Scott MacKnight is now the president and CEO of Triangle Credit Union after its longtime leader, Maurice Simard, retired.

    By Palash Ghosh
    January 7
    A. Scott MacKnight is incoming president and CEO, Triangle CU
  • Corporate philanthropy
    Care for those at home and abroad: Credit unions in the community

    From care packages for service members to aid for the homeless and more, here's another look at how credit unions are giving back.

    By Melissa Angell
    Reporter
    January 4
    Robins Financial 010419 CUJ.jpg
  • Consumer banking
    Michigan credit union membership up 3%

    Third-quarter results from the Michigan Credit Union League show hundreds of members are joining CUs in the Great Lakes State each day.

    By Palash Ghosh
    January 4
    10419CUJ.jpeg
  • Succession planning
    Small Maryland CU hunting for new leadership as CEO heads for Texas

    Less than three years after taking the helm at Baltimore Washington Federal Credit Union, Lester Warby is set to take over at STAR Credit Union in Corpus Christi.

    By Michael Bartlett
    January 4
    Lester Warby, CEO of South Texas Area Resources Credit Union
  • Growth strategies
    Guardian Credit Union returns more than $587,000 to members

    The Montgomery, Ala.-based institution has paid out more than $4.8 million to members over the last eight years.

    By Michael Bartlett
    January 4
    CUJ-010419-GUARDIAN.jpeg
  • Field of membership
    PenFed's latest expansion move sets off another banker battle

    An “emergency merger” with troubled Progressive Credit Union gives PenFed – already the nation’s third-largest credit union – the ability to welcome any potential member nationwide.

    By Palash Ghosh and John Reosti
    January 4
    CUJ-010319-PROGRESSIVE.jpeg
  • ADA
    Appeals court dismisses ADA website suit against credit union

    Industry trade groups, which have been active in fighting lawsuits that allege violations of the Americans with Disabilities Act, hailed the decision.

    By Michael Bartlett
    January 3
    Carrie Hunt at NAFCU 50th annual meeting - CUJ 062017.JPG
  • Growth strategies
    First Financial of Maryland gives back $2 million

    The credit union rewarded members based on the CU's performance last year and the depth of their relationship with the institution.

    By Melissa Angell
    Reporter
    January 3
    First Financial of Maryland net income Q3 2018 - CUJ 010310
  • Growth strategies
    PSECU pays out record reward to members

    Pennsylvania State Employees Credit Union returned $22 million to its members.

    By Palash Ghosh
    January 3
    PSECU President Greg Smith
  • Workplace management
    New year, new jobs for credit union executives

    A number of employees are tackling different challenges with recent promotions and career moves.

    By Palash Ghosh
    January 3
    people.jpeg
  • Dodd-Frank
    CFPB gets an earful from credit union trade groups

    Both CUNA and NAFCU have responded to the bureau's request for input by raising concerns about cybersecurity, public complaints and more.

    By Melissa Angell
    Reporter
    January 3
    Kraninger-bl071918.jpg
  • 2019 Outlook
    After a decade of declines, could credit union failures pick up in 2019?

    Despite strong performance in the industry overall, analysts expect regulators to shutter more institutions in the years ahead.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    January 3
    CUJ-122018-FAILURES (1).jpeg
  • M&A
    PortAlliance FCU merges into fellow Va. institution

    Chartway Federal Credit Union now has roughly $2.2 billion in assets and more than 190,000 members.

    By Melissa Angell
    Reporter
    January 2
    Brian Schools, president & CEO of Chartway Federal Credit Union
  • Growth strategies
    Richland FCU kicks off the new year with $250K dividend

    The Sidney, Mont.-based institution distributed the payments earlier this week.

    By Palash Ghosh
    January 2
    CUJ-010219-RICHLAND (1).jpeg
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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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© 2026 Arizent. All rights reserved.