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  • CUJ content
    School Official Steps Aside During NCUA Probe

    NORWOOD, Mass. – A middle school vice principal who has run Norwood School Employees CU has resigned his school post while NCUA investigates the tiny credit union’s books.

    December 3
  • CUJ content
    Partners Financial FCU New Charter Service Richmond, Va., Metro Area

    GLEN ALLEN, Va. – Partners Financial FCU, which serves a mix of federal and state agencies and business groups, has been approved by NCUA to convert to a community charter serving more than 800,000 residents of Richmond and three surrounding counties.

    December 3
  • CUJ content
    Education First CU Pledges $10,000 To Sponsor Public TV Fund Drive

    SOUTHGATE, Mich. -- For the second year in a row, Education First CU will serve as the sole corporate sponsor tonight on WTVS-TV’s annual fall PBS pledge drive.

    December 3
  • CUJ content
    Arizona FCU Inks Pact On Insurance Products

    PHOENIX – Arizona FCU said its Arizona Group CUSO has signed with Electric Insurance Co. to market the company’s insurance lines in the Phoenix metro area.

    December 3
  • CUJ content
    Scott CU Pays $400,000 Special Dividend

    COLLINSVILLE, Ill. – Scott CU yesterday declared a bonus dividend and loan interest rebate, giving about $400,000 back to members.

    December 3
  • CUJ content
    This Con Ends At The Credit Union

    WARWICK, R.I. –An alleged con man who had scammed $1 million from various victims by claiming he was a real estate investor, a cancer survivor and a Boston Red Sox talent scout, was finally unmasked at his credit union, Greenwood CU, after his girlfriend realized he was trying to con her boss.

    December 3
  • Lending
    100 Families Vie For Free Homes From Dort FCU

    FLINT, Mich. – Officials at Dort FCU are winnowing down a pile of 100 applications they have received for two home foreclosures they are giving away in the credit union’s Home for the Holidays Contest.

    December 3
  • CUJ content
    Two Families Share $20,000 In Government Employees CU’s Savings Challenge

    EL PASO, Texas – Two families who proved themselves over 11 months of saving, budgeting and paying off debt received $10,000 each Tuesday night as winners of Government Employees CU’s Savings Challenge.

    December 3
  • Lending
    Mortgage Lending Surges, Providing Quick Stimulus For CUs

    WASHINGTON – Mortgage application soared last week by the largest amount on record as the government’s latest rescue bid pushed rates significantly lower, providing a new stimulus to credit unions and other lenders just when they need it.

    December 3
  • CUJ content
    Loan Officer Jailed After Stealing From Cancer Patient

    SAN DIEGO – A former loan officer at San Diego County CU who drained as much as $90,000 from a friend's accounts, jeopardizing the friend’s experimental cancer treatment, was sentenced Tuesday to a year in county jail.

    December 2
  • CUJ content
    Diebold Sales Rep Jailed For Insider Trading

    TULSA, Okla. – A federal judge last week found a former sales representative of Diebold guilty of illegally earning $500,000 by selling the company’s stock short after he learned the ATM maker would not meet its sales projections and sentenced him to prison.

    December 2
  • Technology
    Fidelity Information Offering CUs Access To MSN Money

    JACKSONVILLE, Fla – Fidelity National Information Services has begun providing up-to-date financial news from MSN Money to credit union clients to include on their websites.

    December 2
  • CUJ content
    OMNI CU’s ‘Project Backpack’ Supplies 500 Local Students

    BATTLE CREEK, Mich. – OMNI CU purchased 500 backpacks and with the help of members, area residents, and employees all backpacks were filled them with school supplies for needy students.

    December 2
  • CUJ content
    Nutmeg State FCU Marks New Branch With Charity

    GLASTONBURY, Conn. – Nutmeg State FCU said it donated $1,500 to two local charities to help celebrate the opening of its new branch here, the second facility opened this year.

    December 2
  • CUJ content
    Calcite CU Hires Santa To Open New Branch

    ROGERS CITY, Mich. – Santa will be on hand next week to help Calcite CU open a new branch, its third, in nearby Cheboygan,

    December 2
  • CUJ content
    NCUA Names New Chief Operating Officer

    ALEXANDRIA, Va. – NCUA announced yesterday that executive director Len Skiles is retiring at year-end after a 38-year career with the credit union regulator and will be succeeded as the agency’s chief operating officer by David Marquis, its chief examiner for the past 14 years.

    December 2
  • CUJ content
    Northeast Community CU Merger Into Savings Bank Approved

    HAVERHILL, Mass. – NCUA said it finally gave its approval to the unusual merger of Northeast Community CU into Haverhill Savings Bank, the first credit union combination with a bank in Massachusetts.

    December 2
  • CUJ content
    High-Speed Chase Yields CU Robbery Suspect And $60,000 Stolen Cash

    LOUISVILLE, Ky. – A man believed responsible for Monday morning’s armed robbery of $60,000 from Kentucky Telco FCU was arrested after he crashed his getaway car following an hour-long chase by police.

    December 2
  • CUJ content
    First Tech CU Offers $10,000 Prize For Financial ‘U-Turn’

    BEAVERTON, Ore. – First Tech CU is searching for families who want to earn a $10,000 reward for reversing their financial fortunes--with the help of the credit union.

    December 2
  • Performance reports
    Wright-Patt CU Announces $3 Million Special Dividend

    FAIRBORN, Ohio – Wright-Patt CU said it will pay its members a $3 million special patronage dividend on January 15 to help celebrate a successful year.

    December 2
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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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