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Market Intelligence:
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Industry Data
  • Succession planning
    Kitsap Credit Union names new CEO

    Elliot Gregg, who led the institution for almost 20 years, will serve as president emeritus until his retirement in January.

    By Palash Ghosh
    October 9
    Shawn Gilfedder is the new CEO as Kitsap CU
  • Financial reporting
    NCUA fines 10 credit unions for late Q1 call reports

    The late-filing credit unions will pay a total of about $4,100 to the U.S. Treasury.

    By Melissa Angell
    Reporter
    October 9
    ncua 2
  • Lending
    Michigan credit unions' growth streak continues

    Credit unions in the Great Lakes State continued to add members in Q2 while a variety of loan types saw double-digit growth.

    By Melissa Angell
    Reporter
    October 9
    Michigan CUs Q2 growth 2018 - CUJ 100918
  • Cyber security
    Will cybersecurity risks compel Congress to expand NCUA's authority?

    Analysts are split on whether cyber threats have evolved enough for lawmakers to finally grant the National Credit Union Administration third-party vendor oversight.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    October 9
    J. Mark McWatters
  • Credit unions
    National Credit Union Foundation names 2019 Wegner honorees

    The awards will be handed out in March in conjunction with CUNA's Governmental Affairs Conference.

    By Palash Ghosh
    October 9
    Gigi Hyland, NCUF
  • Recruiting
    Tiny Germania Credit Union names successor for retiring CEO

    A first-time chief executive will take the helm of the Texas-based credit union next month.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    October 5
    Nick Tonelli, CEO of Germania Credit Union
  • Dearth of qualified CEO candidates is a time bomb for boards

    Credit union boards need to spend more time on formal CEO succession planning.

    October 5
    Robert Voth
    Robert Voth
    Russell Reynolds Associates
  • Integrations
    Everett CU merges into Members Plus CU

    The combined institution will serve roughly 13,700 members with $300 million of assets and six branches.

    By Palash Ghosh
    October 5
    John Murphy is CEO of Members Plus CU
  • Succession planning
    Maine-based mortgage CUSO names new CEO

    Russell Cole will take the helm at CUSO Home Lending, succeeding John Reed, who is retiring from the position.

    By Palash Ghosh
    October 5
    Russ Cole is CEO of CUSO Home Lending
  • Core conversions
    Cardinal Credit Union wraps Episys core conversion

    The $25 million-asset credit union has already seen new efficiencies since moving to the new platform.

    By Melissa Angell
    Reporter
    October 5
    Christine Blake, chief executive officer of Cardinal CU
  • Artificial intelligence
    Mortgage lenders face roadblocks with AI, machine learning

    Some mortgage lenders are tapping artificial intelligence and machine learning to improve operational efficiency and enhance the borrower experience, but complexities do exist in implementing the technology.

    Tarkazikis-Elina.jpg
    By Elina Tarkazikis
    Reporter
    October 5
    AI and machine learning
  • Election 2018
    Former credit union CEO seeks an end to political divisiveness

    Larry Hoff, retired CEO of Fibre Federal Credit Union, is running for a seat in Washington's state legislature – his first foray into politics.

    By Michael Bartlett
    October 4
    Larry Hoff with staff from Washington credit unions and the NWCUA
  • Loyalty and rewards
    Credit unions navigating shifting landscape for rewards programs

    A growing number of credit unions are balancing whether to offer points or other perks as a thank you for member loyalty and spending.

    By Palash Ghosh
    October 4
    rewards cover slide - CUJ 100418.jpg
  • Regulatory reform
    Sanders bill would force breakup of 6 largest banks

    Credit unions would not be impacted by the proposal, but the movement has spent much of the last decade telling lawmakers and regulators CUs are being punished for the actions of big banks that led to the financial crisis.

    adlerjoe126x126.jpg
    By Joe Adler
    October 4
    p1aedb0smi1ffh1e0eu5a1cs51vc4b.jpg
  • Compliance
    CUNA selects Quantivate for industry-wide compliance solution

    The trade group says credit unions will have access to a variety of state and federal resources.

    By Michael Bartlett
    October 4
    Jared Ihrig, chief compliance officer for CUNA
  • Credit unions
    'Day in the Life of Credit Unions' photo deadline approaching

    Submissions for CU Journal's popular annual photo essay are due by 11:59 p.m. ET on Oct. 4, 2018.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    October 3
    CUJ100317DITL
  • Growth strategies
    Giving STEM students a boost: Credit unions in the community

    From donations to help young scholars to honoring the military, providing relief from natural disasters and more, here's a look at how credit unions are giivng back.

    By Melissa Angell
    Reporter
    October 3
    LBS10218
  • Mortgages
    MBA, ACUMA form education partnership

    Members of the American Credit Union Mortgage Association will receive discounted access to most of the Mortgage Bankers Association's training products.

    By Palash Ghosh
    October 3
    Tricia Migliazzo is MBA's vice president of member engagement
  • Mobile technology
    Park Community CU attempts to make getting a loan as easy as texting

    The Louisville, Ky.-based credit union has adopted Shastic's text message-based Elle platform in the hopes of expanding lending among younger members.

    By W.B. King
    October 3
    Park Community CU Elle - CUJ 100318.jpeg
  • Regulatory reform
    NCUA's McWatters calls on Senate panel to expand credit union powers

    National Credit Union Administration Chairman Mark McWatters called on lawmakers to further expand field-of-membership options for CUs and to permit the regulator to oversee third-party vendors, including fintech partners.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    October 2
    J. Mark McWatters
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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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