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Market Intelligence:
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  • CUJ content
    OnPoint Community CU Warns Members Of Stolen Account Info

    PORTLAND, Ore. – OnPoint Community CU has notified customers that a laptop that may have contained customer names and their account numbers was stolen Oct. 29.

    November 11
  • CUJ content
    Wright-Patt CU Members Compete For $10,000 Savings Prize

    FAIRBORN, Ohio – Five families are participating in an eight-month contest to see which one can best improve their spending and savings habits and work towards family goals of boosting savings, reducing debt and increasing net worth, as part of Wright-Patt CU’s Savings Race.

    November 11
  • CUJ content
    The Genisys Of A New CU Giant

    AUBURN HILLS, Mich. – The combination of the state’s ninth and 10th largest credit unions, T&C FCU and USA CU, took place last week to create the state’s fourth largest credit union with more than $1.2 billion in assets.

    November 11
  • CUJ content
    Community Choice CU Gives Kids $5,000 In Celebration Of New Branch

    INDIANAPOLIS, Iowa – Community Choice CU said yesterday it will give $5,000 to kids during Saturday’s grand opening of its new branch in Ankeny.

    November 10
  • CUJ content
    CORRECTION: Story On Xcard Systems

    FRAZIER, Penn. – A story in the Nov. 6 Credit Union Journal Daily Briefing about the delay in the pilot program for the secure credit union payment card Xcard misstated several aspects of the card.

    November 10
  • CUJ content
    NCUA Implements Learn.com’s Online Learning System

    ALEXANDRIA, Va. – NCUA has signed with Learn.com to automate its training curriculum with on-demand software, the company announced yesterday.

    November 10
  • CUJ content
    State Department FCU Implements LenderLive Loan Fulfillment

    ALEXANDRIA, Va. – State Department FCU said it has deployed mortgage loan fulfillment and hosted web-origination site provided by LenderLive.

    November 10
  • CUJ content
    Twentieth Century Fox FCU To Market GPS Asset Protection Device

    BEVERLY HILLS, Calif. – Twentieth Century Fox FCU said it has begun marketing GPS/Asset Protection Devices from DMC/Celevoke to credit unions and their members nationwide.

    November 10
  • CUJ content
    FHLB Chicago Unveils New Conduit To Secondary Mortgage Market

    CHICAGO – The Federal Home Loan Bank of Chicago last week introduced a new program to buy loans from its bank and credit union members.

    November 10
  • CUJ content
    U.S. New Mexico FCU Inks Processing Pact With TNB Card Services

    ALBUQUERQUE, N.M. – U.S. New Mexico FCU said yesterday it has signed a multi-year contract with TNB Card Services to convert its 12,000 credit card accounts to the company’s processing platform.

    November 10
  • CUJ content
    Losses Surge At CU Mortgage Bank PHH Corp.

    MT. LAUREL, N.J. – PHH Corp., which operates the largest mortgage bank for credit unions, reported yesterday that third quarter losses more than doubled to $84 million, or $1.56 a share.

    November 10
  • CUJ content
    Fannie Mae Posts Huge $29 Billion Loss

    WASHINGTON – Secondary mortgage market giant Fannie Mae, operating under federal conservatorship since September, reported a $29 billion loss for the third quarter, bringing year-to-date losses to a staggering $34.5 billion.

    November 10
  • CUJ content
    Desert Schools FCU Joins ‘Black Friday’ Madness

    PHOENIX – Desert Schools FCU said yesterday it will join the millions of stores and shoppers starting their Christmas shopping at the crack of dawn the day after Thanksgiving by opening its 25 Wal-Mart branches at 5 am.

    November 10
  • CUJ content
    Illinois CUs Get Infusion Of State Funds

    SPRINGFIELD, Ill. – Six credit unions received almost $83 million in new deposits from the state Treasurer’s Office over the past week under a plan to infuse as much as $1 billion into Illinois banks and credit unions.

    November 10
  • CUJ content
    Mission FCU Contributes $15,000 To Combat School Truancy

    SAN DIEGO – Mission FCU said Friday it has donated $15,000 to the Sweetwater Union High School District to support the district’s attendance incentive campaign.

    November 9
  • CUJ content
    Educators CU Replaces Schools’ Stolen Computers

    RACINE, Wis. – Educators CU announced Friday it has donated 33 computers to the Racine Unified School District to replace computers that were stolen from several schools earlier this fall.

    November 9
  • CUJ content
    Mayes County FCU Manager Guilty Of $1.6 Million Theft

    TULSA, Okla. – A former assistant manager of the Mayes County FCU in Pryor pleaded guilty last week to embezzling more than $1.6 million from the $28 million credit union.

    November 9
  • Branch network
    Lancaster Red Rose CU Opens Latino Branch

    LANCASTER, Penn. – Lancaster Red Rose CU opened a new branch last week to serve the city’s growing Hispanic population in the Puerto Rican Cultural Center.

    November 9
  • CUJ content
    Evangelical Christian CU Forecloses On Another Church

    TAMPA, Fla. – In another sign of the economic crisis, Evangelical Christian CU, one of the biggest church lenders in the country, filed foreclosure papers last week on Without Walls International Church.

    November 9
  • CUJ content
    Greater Niles Community FCU Members Gobble Up Holiday Offering

    NILES, Mich. – Greater Niles Community FCU is talking turkey to its members this Thanksgiving; giving away hundreds of the frozen birds for this year’s holiday feast.

    November 9
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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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