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Market Intelligence:
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Industry Data
  • Technology
    Palmetto Cooperative CUSO Offers Vsoft’s ATM Imaging Solution

    IRMO, S.C. – Palmetto Cooperative Services said it has implemented Vsoft’s Centrum Gateway ATM system.

    August 26
  • CUJ content
    Service CU Donates $15,000 To New Hampshire Food Bank

    PORTSMOUTH, N.H. – Service CU has contributed $15,000 to the New Hampshire Food Bank, the credit union’s fourth-straight annual contribution of significant size.

    August 26
  • CUJ content
    North Carolina SEC Pledges $125,000 To New County Library

    WAYNESVILLE, N.C. – State Employees CU’s SECU Foundation has committed to a $125,000 donation to the $1.6 million fund drive to build a new Jackson County library, if the county can match the contribution.

    August 26
  • Technology
    ASI FCU Adds Wolters Kluwer’s AppOne Indirect Lending Platform

    HARAHAN, La. – ASI FCU has signed with Wolters Kluwer Financial Services to install the company’s AppOne indirect online loan system.

    August 26
  • Technology
    Premier America CU Implements Optria’s Member Alert Software

    CHATSWORTH, Calif. – Premier America CU has selected Optria’s Kinetique software to generate real-time user-defined real-time alerts to its members.

    August 26
  • CUJ content
    Branch Manager Jailed For $400,000 Embezzlement

    CHARLESTON, S.C. – A former branch manager for CPM FCU who stole almost $400,000 through a phony loan scheme was sentenced Tuesday to 37 months in prison and ordered to pay restitution.

    August 26
  • Performance reports
    Problem S&Ls Grow

    WASHINGTON – The nation’s thrifts eked out a $4 million profit in the second quarter as the number of troubled institutions continued to grow.

    August 26
  • Lending
    Michigan CUs Partner On RV Discounts

    DETROIT – The Michigan CU League, which organized the "Invest in America" auto discount purchases for U.S.-made vehicles, announced yesterday it is teaming with Thor Industries to offer discounts of up to $1,000 for the purchases of the company’s recreational vehicles, or RVs.

    August 26
  • Lending
    Hope Fades For CUs’ Recovery Of Missing $125 Million U.S. Mortgage Funds

    NEWARK, N.J. – Attorneys representing credit unions and unsecured creditors of U.S. Mortgage Corp. are seeking information the government may have on some $125 million of credit union funds stolen by the owner of the company, but have little hope any of the money is available.

    August 26
  • CUJ content
    FBI Tries Billboards To Catch Serial Robber

    MYRTLE BEACH, S.C. – The FBI is trying a new tactic to catch a man who has robbed as many as 10 area credit unions and banks, posting his face on billboards throughout the south.

    August 25
  • CUJ content
    NCUA Warns Of New Fraud

    ALEXANDRIA, Va. – NCUA issued an alert yesterday on a new fraudulent Letter to Credit Unions.

    August 25
  • CUJ content
    Wal-Mart Expands eBill-Pay Services

    BENTONVILLE, Ark. – Wal-Mart said yesterday it is continuing to expand its financial services and will now offering electronic bill payment at its 3,755 U.S. stores through Fiserv’s CheckFreePay.

    August 25
  • CUJ content
    Female Robber Favored CUs

    EL PASO, Texas – A woman who robbed two city credit unions earlier this year and was arrested as she prepared to hit a third, was sentenced Monday to 50 months in federal prison.

    August 25
  • Branch network
    Fort Campbell FCU Opens Branch In One-Time Dairy Queen

    CLARKSVILLE, Tenn. – Fort Campbell FCU hope for a not-to-chilly reception at today’s grand opening for a new branch--in a former ice cream shoppe.

    August 25
  • CUJ content
    Kinecta FCU Can See The Trees From The Forest

    MANHATTAN BEACH, Calif. – Kinecta FCU is the latest credit union to join the Green Movement in a meaningful way–pledging to plant a new tree in the Brazilian Rain Forest for every member who converts to electronic statements between now and Sept. 30.

    August 25
  • CUJ content
    Dort FCU Treats 9,000 Members To The Movies

    FLINT, Mich. – More than 9,000 members of Dort FCU availed themselves of a free night at the movies, courtesy of their credit union.

    August 25
  • CUJ content
    Florida Transportation CU Gets Broad New Charter

    TALLAHASSEE, Fla. – State regulators reported they have approved an application from Florida Transportation CU to expand its field of membership to serve state employees in 18 surrounding counties.

    August 25
  • Technology
    Pima FCU Inks Five-Year Processing Deal With PSCU Financial

    TUCSON, Ariz. – Pima FCU has signed a five-year agreement to convert processing for 33,000 signature/PIN debit accounts and driving of nine ATMs to PSCU Financial Services.

    August 25
  • Technology
    One-Time Teen Hacker Sensation Guilty In $10 Million Online Cards Fraud

    NEW YORK – An Israeli hacker, arrested a decade ago as a 19-year-old who penetrated the Pentagon’s database, was convicted last week of a prepaid cards scheme authorities said drained as much as $10 million from U.S. credit unions and banks.

    August 25
  • Performance reports
    California CUs Still Dreamin Of A Recovery

    SACRAMENTO, Calif. – State regulators said the second quarter saw a continued increase in loan delinquencies and loan losses and of troubled institutions among California’s credit unions.

    August 25
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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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