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Market Intelligence:
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  • Performance reports
    Automakers’ Problems Nothing New For Credit Unions

    FLINT, Mich. – Credit unions are searching for new ways to help the beleaguered auto workers after Monday’s bankruptcy filing by General Motors, but most of them have been offering special programs for years to stem the demise of America’s car industry.

    June 2
  • CUJ content
    Senate Gets NCUA Nomination

    WASHINGTON -- President Obama yesterday officialy nominated former NCUA Board member Deborah Matz to be chairman of the three-member panel, by sending her nominating papers over to the the Senate Banking Committee for its review.

    June 1
  • CUJ content
    Jury Finds Family Not Liable For Phony $100,000 Check

    GLENS FALLS, N.Y. – A state jury last week found that a local family is not liable for a fake check scheme they became embroiled in almost four years ago that cost Ticonderago FCU almost $100,000.

    June 1
  • CUJ content
    Employees Strike At Community CU

    GLADSDEN, Ala. – Community CU shut one branch yesterday while employees picketed the credit union’s two other branches over an impasse on contract negotiations.

    June 1
  • CUJ content
    Ken Bopp, New York CU Figure, Passes

    ALBANY, N.Y. – Kenneth Bopp, active in four different New York credit unions, two as a volunteer, died here Friday at 77.

    June 1
  • Technology
    Teres Solutions Offers Andera’s Account Opening

    AUSTIN, Texas – Teres Solutions has partnered with Andera to integrate the Andera account opening solution with the industry-leading Teres Solutions SAIL lending automation platform.

    June 1
  • Technology
    Fiserv Introduces Mobile Money FastTrack

    BROOKFIELD, Wis. – Fiserv announced the launch of a mobile banking solution that can be rapidly deployed by credit unions and banks.

    June 1
  • Technology
    Fidelity National Information Launches Distressed Loan Trading Platform

    JACKSONVILLE, Fla. – Fidelity National Information Services said its Advanced Commercial Banking System division has introduced a Distressed Loan Trade Management and Settlement Platform on the ACBS ClearPar syndicated loan operations platform.

    June 1
  • Technology
    PSCU Financial Adds Collections Service From Akcelerant

    ST. PETERSBURG, Fla. – PSCU Financial Services announced an upgrade yesterday in its collections system with Akcelerant software that will allow credit unions to handle collections for a variety of product lines.

    June 1
  • CUJ content
    University Of Iowa CU Proves ‘It Pays To Get A’s’

    IOWA CITY, Iowa – Thirteen high school and junior high school students received U.S. Savings Bonds of either $50 or $100 denominations for receiving high grades as part of the University of Iowa CU’s "It Pays to Get A's" program.

    June 1
  • CUJ content
    Closure Of Auto Parts Plant Gives NPG FCU New Focal Point

    DeWITT, N.Y. – NPG Employees FCU may be faced with the closure of its original sponsor group, but that won’t stop the $48 million credit union, chartered 52 years ago to serve employees of the New Process Group auto parts plant here.

    June 1
  • CUJ content
    FHLB San Francisco Awards $2.2 Million In Affordable Housing Grants To CUs

    SAN FRANCISCO – The Federal Home Loan Bank of San Francisco awarded 42 affordable housing projects a total of $30.3 million in grants yesterday, including $2.2 million for projects headed by Mission FCU and Altura CU.

    June 1
  • Corporate credit unions
    EasCorp FCU Raises New Tier One Capital

    BURLINGTON, Mass. – EasCorp FCU said it raised new equity capital with an $18 million offering of preferred paid-in-capital accounts II, considered Tier One capital under generally accepted accounting principles, or GAAP.

    June 1
  • Corporate credit unions
    NCUA Eyes Installment Plan To Pay For Corporate Bailout

    ALEXANDRIA, Va. – NCUA is preparing to transfer the $5.9 billion cost of the corporate credit union bailout from the National CU Share Insurance Fund to the newly created Corporate CU Stabilization Fund, which would allow credit unions to pay off the bailout charge over seven years.

    June 1
  • CUJ content
    2009 Best Practices Awards Program

    Nominations may be submitted by credit unions themselves, a CUSO, or even another credit union. Nominations can also be submitted by suppliers to the credit union community that have clients they believe exemplify the best practice in implementing a particular product or service.

    June 1
  • CUJ content
    Heroin Addict Jailed For Two CU Robberies

    SALEM, Mass. – A Lynn father who said he robbed two local credit unions because he's addicted to heroin and needed money to buy his daughter a Christmas present last December is headed to state prison for five years.

    May 31
  • CUJ content
    Maine CUs Raise $33,000 To Fight Hunger

    AUGUSTA, Me. – Credit union executives raised $27,644 Maine Credit Unions' Campaign for Ending Hunger during their annual golf tournament at the Augusta Country Club during the Maine CU League’s 2009 convention.

    May 31
  • Branch network
    SEFCU Donates $10,000 To Food Banks To Mark New Branch

    ALBANY, N.Y. – SEFCU will celebrate the opening of its 25th Capitol Region branch Tuesday with a $10,000 donation to local food pantries in Schenectady and Niskayuna.

    May 31
  • Branch network
    Associated CU Builds Green Headquarters

    LEAGUE CITY, Texas – Workers have begun preparation on a 30,000 square-foot home office project for Associated CU which will meet the "green" standards for Leadership in Energy and Environmental Design.

    May 31
  • CUJ content
    Charter Oak FCU Members Win Makeover To Celebrate CU’s New Look

    GROTON, Conn. – Ten members of Charter Oak FCU won a cosmetic makeover, courtesy of the Mystic Salon & Spa, including a haircut, eyebrow shaping, a pedicure and manicure, and a "fantasy tan," as part of celebrations marking the $600 million credit union’s new look.

    May 31
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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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