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  • Branch network
    Thunderbolt Area FCU Lands With Bank Branch

    MILLVILLE, Tenn. – Thunderbolt Area FCU opened a new branch at the entrance to Millville Municipal Airport in a former branch of TD Banknorth.

    September 15
  • CUJ content
    Whitefish CU Hires Missoula FCU Exec As New CEO

    WHITEFISH, Mont. – James Kenyon III, a senior vice president at Missoula FCU, was named this week as new president and CEO of Whitefish CU, the state’s largest credit union.

    September 15
  • CUJ content
    Dead Men Tell

    BOSTON – A man was charged with cashing his dead friend's disability checks at St. Mary’s CU and selling the dead man’s van, taking about $25,000 in profits.

    September 15
  • Corporate credit unions
    Restated Financials Show More Unrealized Losses At U.S. Central

    LENEXA , Kan. – NCUA yesterday that restated financials for U.S. Central FCU for the first six months of 2009, show that unrealized losses on the corporate credit union’s investments grew to $11 billion at mid-year, from $8.5 billion at year-end 2008.

    September 15
  • Corporate credit unions
    Corporate One FCU Warns Of More Losses On MBSs

    COLUMBUS, Ohio – Corporate One FCU, one of a handful of corporate credit unions struggling under the weight of large mortgage-backed securities holdings, said yesterday its expects to record additional losses on its MBSs due to the continued deterioration of the U.S. housing and mortgage and the global credit markets.

    September 14
  • Corporate credit unions
    The Future Of U.S. Central Pondered

    LENEXA, Kan. – NCUA was insisting yesterday that U.S. Central FCU remains a "viable" credit union even as some industry experts were calling for the liquidation of the one-time $52 million institution, being run under federal conservatorship since March 20.

    September 14
  • Performance reports
    Intuit To Acquire Mint.com

    MOUNTAIN VIEW, Calif. – Intuit Inc. announced yesterday it has agreed to acquire privately held Mint.com, a provider of online personal finance services, for $170 million in cash.

    September 14
  • CUJ content
    Man Holds Up Same Branch Of First South CU Twice

    BARTLETT, Tenn. – A Horn Lake man who said he had been laid off from work was charged with robbing the same branch of First South CU twice with a plastic pellet gun belonging to his stepson.

    September 14
  • CUJ content
    Empower FCU Awards College Scholarships

    SYRACUSE, N.Y. – Empower FCU has awarded ten college scholarships for a total of $7,000.

    September 14
  • Lending
    America’s Christian CU Expands Adoption Loan Program

    GLENDORA, Calif. – America’s Christian CU is partnering with the nation’s largest adoption agency to offer financing for child adoptions, which can cost as much as $40,000.

    September 14
  • Lending
    Central Florida Educators FCU Joins Treasury’s HAMP Home Refi Program

    ORLANDO, Fla. – Central Florida Educators FCU is the latest credit union to be approved as a servicer for the Treasury Department’s Home Affordable Modification Program.

    September 14
  • CUJ content
    Hawaii Central CU Finds Island's Fastest Text Messager

    HONOLULU – Hawaii Central CU's search for Hawaii's fastest texter ended yesterday at Kahala Mall with some 30 contestants vying for the title and $1,000.

    September 14
  • Technology
    OnPoint Community CU Adds Tyfone’s Mobile Banking Platform

    PORTLAND, Ore. – OnPoint Community, the state’s largest credit union, has selected Tyfone’s u4ia platform as the infrastructure behind its mobile banking strategy.

    September 14
  • Performance reports
    Suit Claims Membership Scam in South Florida Real Estate Bust

    ORLANDO, Fla. – A group of borrowers from all over the country filed suit in federal court last week claiming a massive membership fraud at Huron River Area CU, the Michigan credit union that financed speculative real estate deals in south Florida that helped cause the failure of that and two other credit unions.

    September 14
  • CUJ content
    Alleged Ringleader Charged In $130,000 Check Scheme

    POUGHKEEPSIE, N.Y. – Police last week arrested the alleged leader of ring that induced dozens of people to cash phony or counterfeit checks on their behalf.

    September 13
  • CUJ content
    FSCC Adds Three Midwest CUs To Shared Branch Network

    SAN DIMAS, Calif. – Financial Service Centers Cooperative said Friday three more credit unions have joined its shared branching network: NorthStar CU, Warrenville, Ill.; HarborLight CU, Whitehall, Mich. and Sun FCU, Maumee, Ohio.

    September 13
  • CUJ content
    Regulators Warn On Municipal CU Check Scam

    ALBANY, N.Y. – The New York State Banking Department issued a warning last week of a scheme to issue counterfeit official checks on Municipal CU.

    September 13
  • CUJ content
    Hawthorne CU Collecting Christmas Gifts For U.S. Troops

    NAPERVILLE, Ill. – Hawthorne CU will play Santa to U.S. soldiers fighting in Iraq and Afghanistan with a Christmas give drive benefitting Operation Support Our Troops of Illinois.

    September 13
  • CUJ content
    CUNA Commences CEO Search

    WASHINGTON – The CUNA Board last week appointed a committee of six credit union CEOs and a state league president to find a successor to CUNA President Dan Mica, who announced his retirement in January 2011.

    September 13
  • Performance reports
    GTE FCU To Close City Hall Branch

    TAMPA, Fla. – GTE FCU, which has been trimming expenses to cope with the region’s economic downturn, said it is permanently closing it City Hall branch.

    September 13
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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.

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