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Market Intelligence:
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  • Risk-based capital rule
    NCUA approves risk-based capital changes, sets stage for new banker battle

    Credit unions won't have to comply with the controversial rule until at least 2020, but a forthcoming proposal on alternative capital could raise the ire of banking groups.

    John Reosti Author Image
    By John Reosti
    Reporter
    October 18
    Mark McWatters Rick Metsger NCUA Board
  • Growth strategies
    Coastal Credit Union surpasses asset, membership milestones

    The Raleigh, N.C.-based credit union now serves more than a quarter-million members and has seen assets rise by nearly 8 percent so far this year.

    By Palash Ghosh
    October 18
    Chuck Purvi is president and CEO of Coastal FCU
  • Succession planning
    Oklahoma City credit union CEO to step down after 26 years at the helm

    Having spent 40 years in the credit union movement and the last 26 as CEO of True Sky CU, Steve Rasmussen has announced plans to retire later this year.

    By Palash Ghosh
    October 18
    Steve Rasmussen, CEO, True Sky CU
  • Lending
    WOCCU launches program to spur credit in developing countries

    The program will focus on increasing lending to small and medium enterprises in Guatemala, Burkina Faso and Kenya.

    By Michael Bartlett
    October 18
    Flora Mukiri farmer who participated in Cooperative Development Program
  • Branch management
    A Day in the Life of Credit Unions 2018

    In honor of International Credit Union Day, here's CU Journal's annual look at the everyday occurrences – both routine and meaningful – that bring "the credit union difference" to life.

    By Credit Union Journal staff
    October 18
    logo from old version of CU Journal's "Day in the Life of Credit Unions" project
  • Growth strategies
    Recognizing volunteer leaders: Credit unions in the community

    Giving back to those who do so much for their credit union and other ways community-based financial institutions are making a difference in the lives of those they serve.

    By Melissa Angell
    Reporter
    October 17
    Coastal CU 101618.jpg
  • Succession planning
    New leadership named at KEMBA Financial CU

    Mark Decello will take over for Gerald Guy, who has served as president and CEO at KEMBA for 30 years.

    By Palash Ghosh
    October 17
    Mark Decello is the new CEO at KEMBA Financial
  • Election 2018
    Bringing the credit union message to the Hawaii legislature

    Richard Onishi, a longtime credit union board member, is running for a fourth term as a Hawaii state representative.

    By Michael Bartlett
    October 17
    Richard Onishi, a credit union board member and state representative in Hawaii
  • Financial regulations
    NCUA defends budget proposal as trades urge more cost cutting

    Trade groups say the National Credit Union Administration hasn't adequately explained how it plans to reduce its budget at the same time it asks Congress for increased oversight powers.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    October 17
    ncua 2
  • CDFIs
    The long road ahead for Puerto Rico's cooperativas

    Credit unions based on the island made history receiving CDFI grants for the first time ever, but larger issues tied to population decline remain.

    By Melissa Angell
    Reporter
    October 17
    CUJ-101718-COOPERATIVAS (1).jpeg
  • Succession planning
    New boss named at Texas CU Commission

    John Kolhoff will lead the Credit Union Commission of Texas starting in early December.

    By Palash Ghosh
    October 16
    John J. Kolhoff is new commissioner, Credit Union Commission of Texas
  • Field of membership
    Worldwide credit union membership tops 260 million

    Credit unions around the globe added more than 40 million members between the end of 2013 and 2017, according to a new report from the World Council of Credit Unions.

    By Palash Ghosh
    October 16
    Global CU member data
  • Growth strategies
    Minnesota credit unions create eco-friendly lending platform

    CU Green was developed to give Minnesota residents better access to clean energy products.

    By Melissa Angell
    Reporter
    October 16
    CUJ-101618-CUGREEN (1).jpeg
  • Field of membership
    Colorado's Ent Credit Union adds 6 counties to field of membership

    The $5.4 billion-asset credit union said FOM expansion continues to be part of its long-term growth strategy.

    By Melissa Angell
    Reporter
    October 16
    Chad Graves, Ent CU
  • Everything's in the cloud now – including new cybersecurity risks

    Cloud technology can be a boon for credit unions, but it also creates regulatory headaches and opportunities for cybercriminals.

    October 16
    Garry McCracken
    Garry McCracken
    WinMagic
  • Cyber Security
    Will CUs change course in the wake of Facebook’s cybersecurity woes?

    Consumers were scaling back Facebook usage even before last month's news of a massive data breach at the social network, leading some credit unions to question how they use the site.

    By Melissa Angell
    Reporter
    October 16
    Facebook user changes - CUJ 101418
  • Growth strategies
    Big donation, bigger impact: Credit unions in the community

    Another look at how credit unions are giving back and making a difference in the lives of consumers who live in the communities they serve.

    By Melissa Angell and Michael Bartlett
    October 15
    Minnesota 072718.jpg
  • M&A
    CUs in Big Sky Country get bigger with merger

    McCone County Federal Credit Union has added roughly $9 million of assets with the merger of Fallon County Federal Credit Union.

    By Palash Ghosh
    October 15
    Emily Guldborg is president and CEO of MCFCU
  • Coverage of striking hotel workers casts pall on CU fee practices

    A high-profile media story is painting the industry in a negative light and should be cause for some CUs to re-examine their profit model.

    October 15
    Cliff Rosenthal
    Cliff Rosenthal
    Archer+Rosenthal
  • Risk-based capital
    Week ahead: NCUA budget, risk-based capital and International CU Day

    The worldwide week-long celebration of credit unions will include two NCUA board meetings focused on issues that have impacted the last five years and could set the stage for the remainder of the decade.

    By Melissa Angell
    Reporter
    October 15
    A close up of the capital building with an American flag
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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

Download the American Banker app

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