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  • CUJ content
    Congress Eyes Curbs On Card Interchange Fees

    WASHINGTON –Lawmakers, backed by consumer groups and retailers, called yesterday for passage of a bill that would open the interchange market to competition, allow retailers to reject cards with high fees–like rewards cards–and authorize the Federal Trade Commission to review MasterCard and Visa rules for fairness and competitiveness.

    October 8
  • CUJ content
    Robber Leaves Fake Bomb At Tempe Schools CU

    GILBERT, Ariz. – Police are looking for a man who robbed a Tempe Schools CU branch yesterday and left behind a fake bomb discovered in a trash can inside the business before he fled with cash.

    October 7
  • Performance reports
    CU Execs See Light At The End Of The Tunnel

    DALLAS – Credit union executives expressed rising optimism for the near-term for the second quarter in a row in Southwest Corporate FCU’s quarterly Credit Union CEO Confidence Survey.

    October 7
  • CUJ content
    CO-OP Financial Buys The LoanLink Center From CUNA Mutual Group

    MADISON, Wis. – CO-OP Financial Services said yesterday it has agreed to buy The LoanLink Center from CUNA Mutual Group, the latest asset sale by the credit union insurer.

    October 7
  • CUJ content
    Parolee From CU Heist Charged With Six Hold-ups In Six Days

    WINDSOR, Conn. – A woman on parole for the 2006 armed robbery at Charter Oak FCU was charged this week with robbing six banks in as many days last month.

    October 7
  • CUJ content
    Carolinas CU Foundation Donates $8,000 To The Care House

    FLORENCE, S.C. – The Carolinas CU Foundation contributed $8,000 to the Care House of Pee Dee.

    October 7
  • Branch network
    San Diego County CU Opens 28th Branch

    SAN DIEGO – San Diego County CU opened its newest branch in Mission Valley, in the Fenton Marketplace, just west of Qualcomm Stadium.

    October 7
  • CUJ content
    Educational CU To Pay It Forward With Free Cash

    TOPEKA, Kan. – Education CU will conduct its own ‘Pay it Forward’ campaign by offering visitors to its branches $20 to answer the question "If Educational Credit Union gave you $20 to Pay it Forward. What would you do?"

    October 7
  • Lending
    Alliance CU Rewards $5,000 For ‘Ugliest Car’

    WILMINGTON, N.C. – Alliance CU will award $5,000 this weekend to the winner of its Ugly Car Contest, as determined by voters over Facebook.

    October 7
  • CUJ content
    Keys FCU Claims Ex-CEO Erased Computer Files Before Firing

    KEY WEST, Fla. – Troubled Keys FCU, taken under conservatorship by NCUA two weeks ago, has stepped up its battle with its former president, claiming the chief executive of the $200 million credit union "scrubbed," or erased thousands of computer files just before his November 2007 firing.

    October 7
  • Performance reports
    CUs Join Banks To Fight Regulation Of Card Interchange

    WASHINGTON – Credit union representatives will join the bankers before Congress this morning in opposition to a new bid that could lead to government regulation of the market for credit card interchange fees.

    October 7
  • CUJ content
    Treasury Ready To Buy Toxic Mortgage Assets

    WASHINGTON – The Treasury Department announced plans yesterday to finally start buying troubled mortgage assets next week in a program that will provide some relief for troubled credit unions, especially corporate credit unions holding large portfolios of underwater mortgage-backed securities.

    October 6
  • Branch network
    Air Academy FCU Opens $10 Million New Headquarters

    COLORADO SPRINGS – Air Academy FCU will more than double its office space to 52,000 square feet with next week’s opening of a new headquarters.

    October 6
  • CUJ content
    Waitresses Charged With Card Skimming At Ruby Tuesday’s Restaurant

    PHILADELPHIA – Three men were charged with providing waiters and waitresses at Ruby Tuesday’s restaurants with credit card skimmers that were used to steal card information and make tens of thousands of dollars of unauthorized purchases in credit union and bank accounts.

    October 6
  • CUJ content
    Cinco Family Financial CU Forecloses On ‘Rain Man’ House

    CINCINNATI – Cinco Family Financial CU has served an eviction notice on the owner of an East Walnut Hills mansion featured in the 1988 hit movie "Rain Man.’

    October 6
  • CUJ content
    Genisys CU’s Introduces Savings Program For Pre-Schoolers

    PONTIAC, Mich. – Genisys CU began an In-School Deposit Days program at Oakland Livingston Human Service Agency Head Start to teach pre-school students the importance of saving money.

    October 6
  • Technology
    Velocity CU Integrates RateGenius With Teres Solutions’ SAIL Indirect Platform

    AUSTIN, Texas – Velocity CU is one of the first credit unions to integrate RateGenius, a direct-to-consumer auto loan refinancing solution, with the Teres Solutions SAIL l ending platform.

    October 6
  • Technology
    Smart Financial CU Selects Data Foundry As Disaster Recovery Provider

    HOUSTON – Smart Financial CU has signed a multi-year contract with Data Foundry for disaster recovery services.

    October 6
  • Technology
    Dade County FCU Adds Aithent’s Anti-Fraud Solution

    MIAMI – Dade County FCU said yesterday it signed with Aithent to install the company’s Case Management Solution for financial crime investigations.

    October 6
  • Lending
    CU-Backed Group Supports Curbs On Overdraft Protection Fees

    WASHINGTON – The Center for Responsible Lending, a consumer lobby group financed by Self Help CU, issued a report yesterday indicating that fees earned from overdraft protection programs have become a lucrative profit center for credit unions and banks and urged Congress to enact new restrictions on the programs.

    October 6
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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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