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  • CUJ content
    JP Morgan Chases Rebrands WaMu’s California Branches

    SAN FRANCISCO – JPMorgan Chase & Co. said yesterday it will rebrand 708 Washington Mutual branches and 1,900 ATMs in California with the Chase logo on March 30 as part of its integration of previously acquired WaMu.

    January 13
  • CUJ content
    Robber Hits iQ CU Twice

    VANCOUVER, Wash. – Authorities are searching for a man they believe held up the iQ CU branch here twice in six days.

    January 13
  • CUJ content
    SAFE CU ATM Withstands Crow-Bar Assault

    ANTELOPE, Calif. – A man tried to pry open a SAFE CU ATM with a crow-bar early in the morning of Dec. 30, but failed to open the cash machine.

    January 13
  • Branch network
    CoastHills FCU Closes Two Branches

    LOMPOC, Calif. – CoastHills FCU said yesterday it is shutting two branches and consolidating the operations into two existing facilities.

    January 13
  • CUJ content
    Members 1st FCU Won’t Let Legal Setback Hold It Down

    MECHANICSBURG, Penn. – Members 1st FCU, whose vast community charter was overturned by a federal court last summer, opened its 33rd branch Monday in Carlisle, despite the legal setback that set its field of membership back to an employee-based charter.

    January 13
  • CUJ content
    Bay Winds FCU Pays Out Special $212,000 Dividend

    CHARLEVOIX, Mich. – Members of Bay Winds FCU were $212,000 richer, courtesy of the credit union’s second annual bonus dividend deposited in their accounts on Dec. 31.

    January 13
  • CUJ content
    PCM Employees CU Pays Members $400,000 Bonus

    GREEN BAY, Wis. – PCM Employees CU announced yesterday it paid its members a year-end bonus dividend and loan interest rebate totaling almost $400,000.

    January 13
  • CUJ content
    North Carolina SECU Braves The Recession With Banner Year

    RALEIGH, N.C. – State Employees CU overcame the national storm winds and reported one of its best years in 2008.

    January 13
  • CUJ content
    FHLB Reports More Capital Problems

    SEATTLE – The Federal Home Loan Bank of Seattle reported that unrealized losses on its private-label mortgage backed securities will push it below regulatory capital limits and could force it to suspend dividends and excess stock repurchases.

    January 13
  • CUJ content
    New York’s SEFCU Savings Promotion To Help Fund College Tuition

    ALBANY, N.Y. – State Employees FCU said yesterday it is now offering its members tuition discounts at more than 225 private colleges as part of a new savings inducement.

    January 13
  • CUJ content
    Overdraft Fees Grow At CUs

    ST. SIMON’S ISLAND, Ga. – Non-sufficient funds fees continued to grow at a substantial rate at credit unions and banks last year, serving as a reliable source of income, even as net interest margin continued to compact, according to a new study released yesterday.

    January 12
  • CUJ content
    Police Shoot Robber After Missoula FCU Hold-Up

    MISSOULA, Mon. – A man who robbed Missoula FCU yesterday morning was captured afterward after he was hit in a shoot-out with police.

    January 12
  • CUJ content
    Ten-Year Prison Sentence For ATM Slashing

    FERNDALE, Wash. – A man who viciously slashed a Whatcom Educational CU member to within inches of her life while she was withdrawing cash at the ATM was sentenced yesterday to 10 years in prison.

    January 12
  • CUJ content
    Sallie Mae Gets Funding For Private Student Loans

    RESTON, Va. – Sallie Mae said last week it has secured $1.5 billion in financing to help fund private student loans.

    January 12
  • CUJ content
    Fair Isaac Sets More Lay-Offs

    MINNEAPOLIS – Fair Isaac Corp. , provider of the ubiquitous FICO credit score, said last week it will cut 250 jobs this year, on top of the 420 positions it eliminated last year, for an overall work force reduction of 25%.

    January 12
  • CUJ content
    Contactless Payments Offered At The Pump

    SAN FRANCISCO – ViVotech yesterday began a pilot that will allow drivers to make fuel purchases by merely tapping their phones at contactless payment readers at the pump.

    January 12
  • CUJ content
    United Financial CU Buys Bank Branch

    BRIDGEPORT, Mich. – United Financial CU announced an agreement to acquire a branch owned by Firstbank in nearby Auburn.

    January 12
  • Branch network
    Frankenmuth CU Adds Two In-Store Branches

    FRANKENMUTH, Mich. – Frankenmuth CU said it opened two new branches in area Meijier department stores.

    January 12
  • Performance reports
    Western Division FCU Pays Out $1 Million Bonus Dividend

    WILLIAMSVILLE, N.Y. – Western Division FCU announced it paid its members a record dividend this year totaling $1 million.

    January 12
  • CUJ content
    SeaComm FCU Robbed Of $221,500

    CANTON, N.Y. – An armed assailant who held up a SeaComm FCU branch Friday night got away with $221,500 after forcing tellers to enter the vault and fill a duffel bag with money.

    January 12
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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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