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Market Intelligence:
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Industry Data
  • Deposits
    Get ready to fight for deposits

    Amid rising rates and a surge in lending, credit unions will need to find additional sources of deposits to fund growth.

    By Melissa Angell
    Reporter
    December 21
    CUJ 121918.jpeg
  • Core conversions
    Three Midwestern credit unions plan core conversions

    The three institutions will use a platform from Fiserv to help improve efficiency.

    By Palash Ghosh
    December 20
    Bill Handel is vice president of research, Raddon
  • M&A
    Two Billings, Mont., institutions plan merger

    Regulators have approved the proposed merger of Big Sky Federal Credit Union into Billings Federal Credit Union.

    By Palash Ghosh
    December 20
    Tom Boos is president and CEO of Billings FCU
  • M&A
    Langley Federal Credit Union scoops up fellow Va. institution

    Old Dominion University Credit Union, which had two branches and about 3,000 members, has merged with Langley.

    By Palash Ghosh
    December 20
    CUJ1220.jpeg
  • Litigation
    PSCU, Transit Employees FCU lawsuit quickly settled

    The Maryland-based credit union sued the nation's largest CUSO over call center services, but the two sides didn't take long to come to an agreement.

    By Palash Ghosh
    December 20
    Pinellas County Courthouse
  • Lawsuits
    Credit unions need to lawyer up for 2019

    The industry spent a good portion of 2018 fighting ADA and overdraft lawsuits, and experts say despite some progress, next year could hold more of the same.

    By Michael Bartlett
    December 20
    CUJ 121918 ADA states.jpeg
  • Minimum wage
    Notre Dame Federal Credit Union boosts minimum wage to $15

    The Indiana-based institution has increased its starting pay for the last three years.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 19
    Thomas Gryp, president and CEO, Notre Dame FCU
  • Succession planning
    CEO announces retirement as Mill City Credit Union plans merger

    Kent Greff is retiring after 39 years in the credit union industry, including leading Mill City for almost two decades.

    By Melissa Angell
    Reporter
    December 19
    Kent Greff
  • Capital
    NCUA accelerates plan to give credit unions more access to capital

    The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.

    John Reosti Author Image
    By John Reosti
    Reporter
    December 19
    J. Mark McWatters
  • Financial reporting
    Where credit union growth has cooled

    Recent data from NCUA showed a lot of positives for the industry, but it also revealed some potentially worrisome trends.

    By Michael Bartlett
    December 18
    p185o6edbbfucs9v1mef9mjqp6a.jpg
  • Core conversions
    Affinity Plus Federal Credit Union wraps up three-year tech upgrade

    Along with a core conversion, the Twin Cities-area credit union deployed new loan origination systems and online and mobile banking platforms.

    By Melissa Angell
    Reporter
    December 18
    Affinity Plus net income 2018 - CUJ 121818
  • Growth strategies
    Robins Financial Credit Union pays $13M member rebate

    In the last two years, the Georgia-based institution has returned $25 million to members.

    By Palash Ghosh
    December 18
    John Rhea, president and CEO of Robins Financial Credit Union
  • Growth strategies
    Forced to rebrand, Iowa CUs prepare to unveil new names in 2019

    The two institutions had to change their names after a law passed in the Hawkeye State that forbid CUs from using a state university in their names.

    By Michael Bartlett
    December 18
    UNI Credit Union
  • Law and regulation
    CUs gearing up to tackle shifting regulatory landscape in 2019

    With control of the House changing hands in January, credit unions are set to shift their focus from regulatory relief to cybersecurity and fighting CRA.

    By Melissa Angell
    Reporter
    December 18
    CUJ 121718 reg outlook 2019.jpeg
  • Corporate philanthropy
    Help for the holidays: Credit unions in the community

    From partnerships with law enforcement to Toys for Tots drives, here's how credit unions are making the holiday season special for those in need.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 17
    Robins Financial CU - CUJ 121718.jpg
  • Succession planning
    Service Credit Union picks industry veteran as next chief

    David Araujo, who served as an executive at Digital Federal Credit Union, will join the Portsmouth, N.H.-based institution next month.

    By Palash Ghosh
    December 17
    David Araujo is new CEO at Service CU
  • Law and regulation
    Week ahead: Slim chance CUs could have clarity on pot banking by year-end

    As Congress races to fund the government, a criminal justice reform bill could also include the STATES Act, which would provide safe harbor for credit unions serving the legal marijuana industry.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 17
    Capitol Hill, Washington D.C.
  • Core conversions
    New core system could mean savings for Great River FCU

    The Minnesota-based institution expects to $10,000 per month by switching its core systems.

    By Palash Ghosh
    December 17
    Brant Hicks is CEO of Great River FCU
  • Succession planning
    Trio of credit unions welcome new CEOs

    Two institutions in Virginia and one in Washington state have named new leadership amid a wave of expected CEO retirements.

    By Michael Bartlett
    December 17
    Jamie Asciolla Argent Credit Union
  • Mortgages
    CAP COM targets local heroes with mortgage program

    The Albany, N.Y., institution has made millions of dollars in mortgages through a program launched in July meant for those who do good in the world.

    By Palash Ghosh
    December 17
    Chris McKenna, president and CEO of CAP COM FCU (Capital Communications Federal Credit Union)
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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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