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Market Intelligence:
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Industry Data
  • M&A
    Achieva Credit Union buys another bank

    Achieva Credit Union has purchased Preferred Community Bank in Fort Myers, Fla.

    By Palash Ghosh
    October 2
    Gary Regoli is CEO of Achieva CU
  • CUJ content
    Video for Retail-based ATMs as a key component of deposit strategy
    October 2
  • Data integration
    Payments CUSO and data analytics firm join forces

    Trellance has acquired IronSafe, which provides data analytics to more than 2,300 credit unions.

    By Michael Bartlett
    October 2
    Tom Davis, Trellance (former CEO of CSCU, which created Trellance)
  • Cyber security
    With the cost of fraud rising, can credit unions keep up?

    The cost of fighting fraud at financial institutions is up nearly 10 percent from last year. That means credit unions face significant challenges in being ready for the next threat.

    By W.B. King
    October 2
    hacked cover slide - CUJ 100218.jpg
  • Insurance
    Two more CUs convert to private share insurance

    Rocky Mountain Credit Union in Helena, Mont., and River Valley Credit Union in Miamisburg, Ohio, have converted to coverage from American Share Insurance.

    By Melissa Angell
    Reporter
    October 1
    Ed Stofko, is the president and CEO of Rocky Mountain CU
  • Law and regulation
    Week ahead: With House in recess, all eyes on the Senate

    As NCUA Chairman Mark McWatters heads to Capitol Hill, credit unions are facing new threats at the ATM and CU trade groups are writing big checks in advance of midterm elections.

    By Melissa Angell
    Reporter
    October 1
    Capitol Hill, Washington D.C.
  • Integrations
    Credit union chartered in 2014 merged out

    Struggles to achieve sustainable growth led CommunityWorks Federal Credit Union to seek a merger partner.

    By Palash Ghosh
    October 1
    Martin-Eakes is CEO of Self-Help CU
  • Succession planning
    The sky's the limit for new credit union CEO

    Joseph Whitaker will take over as president and CEO of SkyOne Federal Credit Union later this month.

    By Palash Ghosh
    October 1
    Joseph Whitaker is new CEO at SkyOne FCU
  • Failures
    Taxi medallion losses drive another credit union out of business

    NCUA liquidated LOMTO Federal Credit Union following years of significant losses due to poorly performing taxi medallion loans.

    By Palash Ghosh
    October 1
    LOMTO FCU losses - CUJ 100118
  • CUSOs
    CU*Answers promotes from within for next president

    Geoff Johnson will have a broader strategic role at the CUSO and will interact with the board more.

    By Melissa Angell
    Reporter
    October 1
    Geoff Johnson ascended to President/COO of CU*Answers on Oct. 1.
  • Succession planning
    Dane County Credit Union removes 'interim' tag from CEO's title

    Shay Santos, who has been with the Madison, Wis.-based credit union for nearly three decades, succeeds John Lowrey, who passed away in June.

    By Palash Ghosh
    September 28
    Shay Santos, Dane County CU
  • Workplace management
    Rewarding employees whose service goes above and beyond

    From "BayBucks" to service excellence awards, California's Bay Federal Credit Union is committed to recognizing staff who go the extra mile.

    By W.B. King
    September 28
    In Capitola, Calif., Bay Federal Credit Union’s CEO Carrie Birkhofer (top row, far right) poses with employees at a United Way “Stuff the Bus” back to school backpack drive for homeless youth.
  • Embezzling
    Embezzlement, other crimes lead NCUA to ban former CU employees

    In September, the National Credit Union Administration barred five people from the industry, including one individual who was accused of working to embezzle more than $1 million.

    By Palash Ghosh
    September 28
    ncua 2
  • Workplace culture
    Avadian Credit Union puts the emphasis on team building

    From "Orange Outs" to balloon towers and more, the Alabama-based credit union is committed to creating a rewarding working environment.

    By W.B. King
    September 28
    Avadian Credit Union Executive Team pictured during the 2018 Employee Delight Week.
  • Student loans
    App helps students pay off loans with pocket change

    Two credit unions are part of a fintech pilot program to help borrowers set aside money to pay down student debt faster.

    By Melissa Angell
    Reporter
    September 28
    CUJ-TROPICAL-92618 (2).jpeg
  • Workforce management
    Another seat at the leadership table

    From posts with the CFPB to internal specialists in lending, IT and more, here's the latest in credit union staffing.

    By Palash Ghosh
    September 27
    boardroom team cover slide - CUJ 092718.jpg
  • Mobile banking
    USAA road-testing augmented reality app for car buying

    By using the app, which will go live Monday in a pilot program, customers can point their phone at a vehicle and get an augmented reality overlay that provides all its critical info: the make, model and year of the car, as well as its price range and other information.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    September 27
    USAA augmented reality
  • Succession planning
    Search underway to find Jax FCU’s next CEO

    Gerri Sexsion, who has led the credit union since 1997, is set to retire in early 2019.

    By Palash Ghosh
    September 27
    Gerri Sexsion is president and CEO of Jax Federal Credit Union
  • Training
    Where staff are groomed for long-term career growth

    Rocky Mountain Law enforcement FCU places an emphasis on helping employees grow in their careers so they can progress upward within the organization.

    By W.B. King
    September 27
    Staff at Rocky Mountain Law Enforcement Federal Credit Union. Front row, from left: Ashly Torres (branch manager), Judy Yodonise (branch manager), Beckie Gibson (business development manager), Lauren Lawrence (branch supervisor), Melinda Mayotte (CFO), Jessica Smedes (COO) and Christine Wiley (president and CEO). Back row: Derek Horton (systems and applications engineer), Angel Diaz (branch manager), Cary Karcher (VP of branch performance) and Jill Lopez (branch manager).
  • California's new privacy law a boon for protecting member data

    The law gives residents more — and welcome — control over their data. But it will take work for credit unions to meet the new requirements, such as possibly having to amend third-party vendor agreements.

    September 27
    Mark Monsees
    Mark Monsees
    Samaha & Associates
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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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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.