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Industry Data
  • CUJ content
    Congress Urged to Act on Emergency CU Loan Fund

    WASHINGTON — Regulators and lobbyists are racing to get a renewal of the temporary increase in an emergency loan fund for credit unions.

    February 19
  • CUJ content
    Suspect Sought In Three CU Hold-Ups

    SAN JOSE, Calif. – Police are hunting for a man they say robbed three area credit unions and a retail business since October.

    February 18
  • CUJ content
    Tulsa Federal Employees CU Switches To Federal Charter

    TULSA, Okla. – NCUA said it has approved a request for Tulsa Federal Employees CU to convert to a federal charter.

    February 18
  • Texas
    United Community CU Chairman Retires After 40 Years

    GALENA PARK, Texas – Thomas McCullough, a retired educator who was there at the onset of United Community CU, announced his retirement after 40 years on the board.

    February 18
  • Technology
    Illiana Financial CU Adds PM Systems’ e-Banking

    CALUMET CITY, Ill. – Illiana Financial CU said it plans to introduce electronic banking, bill payment and mobile financial services in June through PM Systems Corp.

    February 18
  • CUJ content
    ‘Neckbrace Bandit’ Collared

    RIVERSIDE, Calif. – A man who disguised himself in bandages and a neck brace in a series of credit union and bank robberies in Riverside County may be under arrest, police announced yesterday.

    February 18
  • Performance reports
    Financial Service Centers Cooperative Plans $1.1 Million Payout

    SAN DIMAS, Calif.– Financial Service Centers Cooperative said yesterday it will pay a $1.1-million patronage refund to credit unions participating in its shared branch network for transactions performed during 2008.

    February 18
  • Lending
    CU National Mortgage Shuts Down

    PINE BROOK, N.J. – CU National Mortgage, the credit union subsidiary of U.S. Mortgage Corp., announced last week it is closing.

    February 18
  • CUJ content
    CUNA Mutual Expands Coverage On Foreclosed Property

    MADISON, Wis. – CUNA Mutual Group announced yesterday it will be offering Commercial Foreclosure Property and Liability insurance policy for credit unions’ member business loans through a partnership with Lee & Mason Financial Services.

    February 18
  • CUJ content
    FASB Eyes Relief On Fair Value Accounting

    NORWALK, Conn. – The Financial Accounting Standards Board, inundated with calls to reform its market value accounting rules, agreed yesterday to review its rule for determining the market value of assets in an illiquid market.

    February 18
  • CUJ content
    Police Track CU Embezzler–26 Years After The Crime

    MESA, Ariz. – It took 26 years, but Kennewick, Wash., detectives believe they found their prey, a former credit union worker charged with absconding with $106,000 theft way back in 1983.

    February 18
  • CUJ content
    Virginia Beach School CU Robber Sentenced To 38 Years In Prison

    VIRGINIA BEACH, Va. – A man who held up Virginia Beach School CU armed with a semi-automatic weapon in the summer of 2006 and made off with $13,000 was sentenced yesterday to 38 years in federal prison.

    February 17
  • CUJ content
    Eeminder Offers eNotice

    HERMOSA BEACH, Calif. – Eeminder Inc. said it is now offering credit union customers of Open Solutions and Summit electronic notices to replace paper notices.

    February 17
  • CUJ content
    Southern Select Community CU Sets Up Branch Inside Call FCU

    CONCORD, N.C. – Southern Select Community CU has opened a new branch inside a Call FCU branch here. The new branch is in the Concord Shopping Parkade.

    February 17
  • CUJ content
    Navy FCU Commits $3.5 Billion To Auto Loans

    VIENNA, Va. – Navy FCU said yesterday it is setting aside $3.5 billion for loans which can be used to finance a new or used car purchase from any automaker.

    February 17
  • CUJ content
    SELCO Community CU Implements Q1 Labs’ QRadar Online Security

    EUGENE, Ore. – SELCO Community CU has deployed Q1 Labs’ new QRadar 6.2 network security management solution.

    February 17
  • CUJ content
    Bethpage FCU Deploys Verint’s Impact 360 Workforce Management Solution

    BETHPAGE, N.Y. – Bethpage FCU announced it is implementing Verint Systems’ Impact 360 for Retail Financial Services Workforce Management solution – which includes forecasting, scheduling and strategic planning functionality.

    February 17
  • CUJ content
    Truliant FCU Adds FICS’ Mortgage Origination System

    WINSTON-SALEM, N.C. – Truliant FCU said it has purchased Financial Industry Computer Systems’ residential loan origination system, Loan Producer to replace its existing loan origination system.

    February 17
  • CUJ content
    Piedmont CU Signs For Keylogging Protection

    DANVILLE, Va. – Piedmont CU announced yesterday it has contracted with IDTELi to provide it with the company’s GUARDEDID keylogging protection for the credit union’s internal computers.

    February 17
  • CUJ content
    Bid To Relieve Fair Value Accounting Rules

    WASHINGTON – CUNA is lobbying policymakers for some kind of relief from fair value accounting rules, which have been cited by many as one of the major causes of the current financial crisis.

    February 17
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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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