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Market Intelligence:
AI
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Research
  • CUJ content
    Indiana Members CU Donates $15,000 To Healthcare Group

    INDIANAPOLIS – Indiana Members CU has contributed $15,440 support of St. Francis Hospital & Health Centers and the St. Francis Healthcare Foundation.

    November 6
  • CUJ content
    CoastHills FCU Raises $33,000 For Hungry Kids

    LOMPOC, Calif. – CoastHills FCU said its CoastHills Community Foundation raised $33,000 at the Sept. 20 Rancho Vino, the second food, wine and entertainment event held to help local food banks feed hungry children.

    November 6
  • CUJ content
    Cardtronics Reports More Losses

    HOUSTON – Cardtronics Inc., which has emerged as a major EFT service provider for credit unions, reported more red ink yesterday, a third quarter loss of $4.2 million, or 11 cents a share.

    November 6
  • CUJ content
    Mortgage Rates See-Saw Some More, Fall This Week

    McLEAN, Va. – Long-term mortgage rates continued to gyrate this week, with rates declining again, after rising last week, according to Freddie Mac.

    November 6
  • CUJ content
    Internet-Only CU Debuts For Realtors

    ORLANDO, Fla.. – NCUA today will present a new charter for Realtors FCU, which will be an Internet-based credit union for an estimated 1.2 million members of the National Association of Realtors across the country.

    November 6
  • CUJ content
    Michigan To Infuse CUs And Banks With Loan Capital

    LANSING, Mich. – Gov. Jennifer Granholm unveiled an economic stimulus package yesterday which includes making $150 million available to credit unions and banks to provide new loans to the state’s small businesses.

    November 6
  • CUJ content
    Illinois: Land Of Lincoln, And Of Obama, And NCUA Chairman Fryzel

    CHICAGO – NCUA Chairman Michael Fryzel offered his congratulations this week to his homestate senator and President-elect Barack Obama, even though Fryzel is a Republican expected to be pushed aside when the Democrat takes office in January.

    November 6
  • CUJ content
    Dort FCU To Give Away Two Home Foreclosures

    FLINT, Mich. – Dort FCU has come up with a creative way to dispose of two of its REOs obtained through foreclosure in this depressed auto city; it’s going to give them away to needy families.

    November 6
  • CUJ content
    Shots Fired During Heist At Investex CU

    HOUSTON – Two men armed with sawed-off shotguns fired shots as they robbed Investex CU here yesterday morning.

    November 5
  • CUJ content
    ATM Theft Crushed

    SOUTH BEND – Two men tried to steal money from a Notre Dame FCU ATM Monday by ramming it with a stolen pickup truck, according to police.

    November 5
  • CUJ content
    Public Service CU Raises The Stakes for Charity

    LOVELAND, Colo. – Public Service CU helped raise more than $6,000 for Habitat for Humanity of Colorado through a poker tournament at Co's BMW in Loveland.

    November 5
  • CUJ content
    SPE FCU Gives Computers To Support Center

    STATE COLLEGE, Penn. – SPE FCU said it donated 12 personal computers and one printer to Skills of Central Pennsylvania in State College.

    November 5
  • Technology
    Korean Catholic FCU Implements Edcomm’s Online Training System

    OLNEY, Md. – Korean Catholic FCU said it has deployed Edcomm Banker’s Academy’s BSA/AML Compliance Training.

    November 5
  • CUJ content
    Breaking Up Is Easy To Do For First Data And JP Morgan

    DALLAS – JP Morgan Chase announced it has completed the separation of its Chase Paymentech merchant acquiring operation from First Data Corp., making Paymentech a wholly owned subsidiary of the banking giant.

    November 5
  • Performance reports
    Profits Fall At Fair Isaac

    MINNEAPOLIS – Fair Isaac & Co., the maker of the ubiquitous FICO score, reported a 16% decline in net income for its fiscal fourth quarter, amid a 10% drop in fourth quarter revenues.

    November 5
  • Performance reports
    Check Business Continues Decline At Harland Clarke

    DECATUR, Ga. – Harland Clarke Holdings said its acquisition of Data Management earlier this year helped it overcome the continued drop-off in its leading check-printing business, enabling it to post higher third quarter earnings.

    November 5
  • Corporate credit unions
    Another Corporate Reports Growing Mortgage Losses

    WALLINGFORD, Conn. – Constitution Corporate FCU reported yesterday that it took a $6.3 million impairment charge on its investment portfolio last month, pushing the $1.6 billion corporate into the red for the first three quarters of the year by $2.9 million.

    November 5
  • CUJ content
    CUNA Departed From Its Normal PAC Contributions In 2008 Elections

    WASHINGTON – During the two-year election cycle CUNA’s political action committee continued to rank among the most active PACs on Capitol Hill with almost $3 million in contributions to congressional candidates, but this election marked a new role for CUNA during the campaigns in several ways.

    November 5
  • CUJ content
    Bid To Repeal CU Tax Exemption Fails Congressional Candidate

    MINNETONKA, Minn. – Credit unions here were already happy to support Republican Eric Paulsen, but that decision became all the more important after they learned of his opponent’s proposal to repeal the credit union tax exemption.

    November 5
  • CUJ content
    Congressional Elections Put CUs On The Defensive

    WASHINGTON –While credit unions lost some friends and added some new ones in Tuesday’s elections, the major impact of the widening of Democratic majorities in the House and Senate is expected to be an increasing focus on major consumer protection initiatives that have been opposed so far by credit unions.

    November 5
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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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