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  • CUJ content
    Pen Air FCU Donates $25,000 To Navy-Marine Corps Relief Society

    PENSACOLA, Fla. – Pen Air FCU raised $25,0000 at its annual Pen Air FCU Membership Appreciation Golf Tournament to benefit the Navy-Marine Corps Relief Society Golf Tournament.

    June 3
  • CUJ content
    North Carolina SECU Gives $300,000 To Hospice

    RALEIGH, N.C. – State Employees CU said its SECU Foundation, which has been generously funding local hospices, has contributed $300,000 to the Mountain Valley Hospice and Palliative Care project in the town of Dobson, N.C.

    June 3
  • Performance reports
    Family First FCU Hires Mountain America CU Exec For CEO

    OREM, Utah – Family First FCU, which has been weighed down by large losses the past two years, said it has named Kent Moore, a long-time executive at Mountain America CU, to be its president and CEO.

    June 3
  • CUJ content
    Erie FCU Promotes From Within For Next CEO

    ERIE, Penn. – Erie FCU said it has named Mary Beth Wilcher, its chief marketing officer, to be its next president and CEO.

    June 3
  • Lending
    UW CU Rolls Out Payday Loan

    MADISON, Wis. – UW CU has introduced a payday loan product which will give members in good standing access to a short-term loan without the traditional loan application process.

    June 3
  • Corporate credit unions
    More Corporate CUs Report Large Losses

    TALLAHASSEE, Fla. – Exposure to U.S. Central FCU combined with charge-offs of mortgage-backed securities have forced more corporate credit unions to report big losses in recent days.

    June 3
  • CUJ content
    Three Gunmen Guilty Of $360,000 Armored Car Heists In Northern Virginia

    ALEXANDRIA, Va. – Three men–two of them cousins–pleaded guilty to a string of armored car hold-ups, one of them at Navy FCU, that netted them more than $360,000.

    June 3
  • Performance reports
    CUNA Budget Cuts Include Employee Furloughs

    WASHINGTON – CUNA, which has been struggling with large losses, said yesterday it will furlough all employees for a week of unpaid leave and stop making matching 401(k) retirement account payments to help stem its declining financial situation.

    June 2
  • CUJ content
    Three-County Charters for Two Credit Unions

    Two Pennsylvania credit unions that lost their sprawling community charters in a court challenge last year have received new ones that are roughly half the initial size.

    June 2
  • CUJ content
    Intuit To Acquire PayCycle Payroll Services

    MOUNTAIN VIEW, Calif. – Intuit said yesterday it has agreed to acquire PayCycle Inc., a provider of online payroll services to more than 85,000 small businesses.

    June 2
  • CUJ content
    Teller Guilty Of Stealing $24,000 From Colorado FCU

    DENVER – A former teller at Colorado FCU pled guilty Monday to embezzling more than $24,000 from the credit union.

    June 2
  • CUJ content
    Long-Time Indiana CU Activist Thomas Fitzharris Dies

    RICHMOND, Ind. – Thomas Harris, a long-time president of NATCO CU who was active in the credit union movement for more than 50 years, died at 84 Sunday, after a short illness.

    June 2
  • CUJ content
    Whatcom Educational CU Donates $10,000 To Community Groups

    BELLINGHAM, Wash. – Whatcom Educational CU said it donated $9,750 to several community groups as part of its Social Responsibility program.

    June 2
  • Technology
    SeaComm FCU Implements Online Training Through Edcomm Banker’s Academy

    MASSENA, N.Y. – SeaComm FCU has launched online training for employees through Edcomm Banker’s Academy.

    June 2
  • Technology
    Pennsylvania SECU Provides Members With Trusteer Rapport Online Security

    HARRISBURG, Penn. – Pennsylvania State Employees CU said yesterday it is offering all members a free download of Trusteer Rapport protection fo online businesses as an additional layer of security for online banking sessions.

    June 2
  • Performance reports
    EDS CU Deals For Ailing California CU

    PLANO, Texas – Fast-growing EDS CU has applied to state regulators to acquire troubled First America FCU in Santa Ana, creating a presence in southern California.

    June 2
  • Technology
    Credit Union 24 Adds Pin Debit Service

    TALLAHASSEE, Fla. – Credit Union 24 announced it has begun a pilot program with Acculynk to offer the company’s Internet PIN debit service to its member credit unions.

    June 2
  • Technology
    FSCC To Provide Settlement For Correspondent CU Program

    SAN DIMAS, Calif. – Financial Service Center Cooperative said yesterday it has agreed to provide settlement services to participants in the correspondent credit union program operated by the Information Technologies CU Association, upon the disbandment of the group.

    June 2
  • Corporate credit unions
    Southwest Corporate FCU Restates 2008 Earnings To Show $624 Million Loss

    DALLAS – Southwest Corporate FCU became the latest corporate credit union to restate its 2008 financials to show a big loss, this one of $624.3 million.

    June 2
  • CUJ content
    DFCU Financial CU Plans $19 Million Payout To Stimulate Michigan Economy The CU-Way

    DEARBORN, Mich.– DFCU Financial CU, started by Ford employees, knows how to boost the local economy–having poured more than $50 million into its members’ pockets in bonus dividends the last three years–and this year they want to pay more.

    June 2
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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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