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  • CUJ content
    Minnesota CU Network Joins in Anti-Fraud Campaign

    ST. PAUL, Minn. – The Minnesota Credit Union Network (MnCUN) has joined with other organizations to launch a fraud prevention campaign themed, “No More Minnesota Nice.”

    November 25
  • CUJ content
    iQ CU to Rebrand 14 ATMs as Its Own

    VANCOUVER, Wash. – iQ Credit Union reported it is rebranding 14 additional ATMs at Walgreens stores in Clark County as its own.

    November 25
  • CUJ content
    NAFCU Services Sponsoring National Video Competition

    WASHINGTON – NAFCU Services Corp. has announced plans to sponsor a national competition to develop 30- or 60-second videos that can be used by credit unions across the country on TV/cable and online to increase brand awareness and compete more effectively in their core markets.

    November 25
  • CUJ content
    CU Puts Moratorium on Foreclosures During Holidays

    JANESVILLE, Wis. – Just in time for the holidays, and before more members lose their homes, Blackhawk Community Credit Union here has placed a temporary halt on foreclosures.

    November 25
  • CUJ content
    Bank, Thrift Earnings Tumble 94% From Year Ago

    WASHINGTON – Bank and thrift earnings slid a whopping 94% in the third quarter from one year earlier, to $1.7 billion, according to data released by the Federal Deposit Insurance Corp. (FDIC).

    November 25
  • CUJ content
    Federal Reserve to Buy Fannie, Freddie, FHLB Debt

    WASHINGTON – The Federal Reserve Board yesterday unveiled a plan to begin purchasing the debt of Fannie Mae, Freddie Mac and the Federal Home Loan Banks – a move driven in part by the high cost of funding for the government-sponsored enterprises.

    November 25
  • CUJ content
    Georgia CUs Raise $825K For Children’s Miracle Network

    DULUTH, Ga. – Credit unions here helped staff a “radiothon” benefiting Children’s Miracle Network, and over the course of three days raised $825,000 for the cause.

    November 25
  • Technology
    Erie FCU Unveils Financial Literacy Website

    ERIE, Penn. – Erie Federal Credit Union is unveiling a new financial literacy website at www.teachmeaboutmoney.org designed to teach all ages and levels of financial education.

    November 25
  • CUJ content
    Golden 1 Launches Discount Auto Buying Program

    SACRAMENTO, Calif. – The Golden 1 Credit Union is launching a discount auto buying program designed to help members reduce the cost and time needed for their next car purchase.

    November 25
  • CUJ content
    Consumers Plan Significant Cut In Holiday Spending, Annual Survey Shows

    WASHINGTON – Retailers can expect a red Christmas if consumers make good on their plans to sharply reduce their holiday spending as reported in the ninth annual holiday spending survey conducted by the Consumer Federation of American and CUNA.

    November 25
  • CUJ content
    Banks Potentially On Hook in Citi Deal

    WASHINGTON – It isn’t just stockholders and the federal government that are on the hook in the plan to shore up Citigroup: other banks are, as well.

    November 25
  • CUJ content
    Thief Crashes Down Hill, Traps Himself

    LEAVENWORTH, Kan. – A thief who used a stolen skid loader to pry loose an ATM then tried to roll down a hill to break it open ended up crashing down that same hill and trapping himself until police arrived.

    November 25
  • CUJ content
    Eight Members’ Accounts Cleaned Out By Skimmer

    SAMFORD, Fla. – At least eight members of Seminole Schools FCU have had their accounts emptied out as the result of what’s believed to be a skimmer scam.

    November 25
  • Performance reports
    Corporate Central Paying $600K Patronage Dividend

    MUSKEGO, Wis. – Corporate Central Credit Union is paying a $600,000 Patronage Refund for 2008 to its member credit unions.

    November 25
  • Lending
    Study Shows How Mortgage Modifications Are Working

    NEW YORK – As the mortgage industry begins modifying troubled loans in greater numbers, early rounds of modifications are coming in for performance reviews.

    November 25
  • Lending
    Freddie Mac to Eliminate Some Lender Fees

    McLEAN, Va. – Freddie Mac said next year it plans to eliminate or lower the up-front fees it charges lenders on the largest loans it guarantees.

    November 25
  • CUJ content
    ASI Reduces Cost of Primary Share Insurance

    DUBLIN, Ohio – American Mutual Share Insurance Corporation (ASI) has changed its current pricing formula for primary share insurance, a move that should mean significant savings to most of the company’s primary insured member credit unions starting in 2009.

    November 25
  • CUJ content
    Moody’s Reaffirms Corporate One’s Short-Term Credit Rating

    COLUMBUS, Ohio – After conducting a liquidity risk assessment, Moody’s Investor Services reaffirmed Corporate One Federal Credit Union’s short-term rating as P-1, its highest rating designation, reflecting confidence in Corporate One’s liquidity position.

    November 25
  • CUJ content
    Delinquency Ratios Rise at CUs Across Country

    PROVO, Utah – Delinquency ratios at credit unions in all regions in the country are up over one year ago, with the Southeast, the mountain states and the West Coast seeing the sharpest increases.

    November 25
  • CUJ content
    Credit Union Pioneers Come Together To Re-Create First Transaction

    MANCHESTER, N.H. – In a scene not seen in a century, credit union pioneers Alphonse Desjardins, Monsignor Pierre Hevey and Joseph Boivon all came together here yesterday to mark the 100th Anniversary of credit unions in the United States.

    November 25
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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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