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Market Intelligence:
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  • CUJ content
    CoastHills FCU Implements Online Training

    LOMPOC, Calif. – CoastHills FCU said it has installed Trevitor Media’s Internet-based office training courses.

    October 14
  • CUJ content
    Card Services Coordinator At Rock Valley FCU Charged In $1 Million Embezzlement

    LOVES PARK, Ill. – The former cards services coordinator at Rock Valley FCU allegedly stole $1 million from the $75 million credit union by overstating the value of the credit card portfolio and making off with the overstated funds.

    October 13
  • CUJ content
    Bellco CU Inks Marketing Pact With CU Ink

    WYOMISSING, Penn. – Bellco CU said yesterday it has signed a marketing outsourcing contract with CU Ink.

    October 13
  • CUJ content
    Denver Community CU Hires Secure Identity Systems For Risk Assessment

    DENVER – Denver Community CU said yesterday it has signed with Secure Identity Systems to conduct an

    October 13
  • CUJ content
    Co-op Services CU Gases Up Area Motorists

    LIVONIA, Mich. – Co-op Services CU held six gas giveaway events over the past two months in partnership with gas stations located near a credit union branch, each time offering gas discounted by 25 cents a gallon to neighborhood drivers.

    October 13
  • CUJ content
    SAFE CU Pilots Intuit Account Aggregation System

    SACRAMENTO, Calif. – SAFE CU said yesterday it has been chosen by Intuit to test the company’s new online system that allows members to manage accounts between multiple financial institutions.

    October 13
  • CUJ content
    New Platform Facilitates Trading Of Loan Participations

    HARRISBURG, Penn. – The Pennsylvania CU Association his preparing to launch an online service that allows buyers and sellers of member business loan participations to connect and exchange information within a secure environment.

    October 13
  • CUJ content
    CUNA Flies Under The Radar In Midwest House Races

    WASHINGTON – As it did in a controversial House primary in Maine last summer, CUNA reported yesterday it has launched its own independent campaign ads for two House candidates in the Midwest.

    October 13
  • CUJ content
    Long-Term Mortgage Rates Fall

    McLEAN, Va. – Rates on 30-year mortgages dipped below 6% last week, falling for the first decline in three weeks, according to Freddie Mac.

    October 13
  • CUJ content
    Tampa Bay FCU Adds Extra Layer Of Deposit Insurance

    TAMPA, Fla. – Tampa Bay FCU said yesterday in order to secure member confidence it is doubling, again, the insurance coverage of each account to $500,000 through private deposit insurer ASI.

    October 13
  • CUJ content
    More Ailing Michigan CUs Merged Out

    LANSING, Mich. – State regulators reported yesterday they have approved the merger of DFCU Financial FCU, the state’s largest credit union, with Capital Communications CU, the one-time $275 million credit union that reported losses of $11 million over the last six quarters.

    October 13
  • CUJ content
    Second Hacker Convicted In TJX Case

    BOSTON – Another suspect in the hacking of wireless systems at TJX Cos. and several other retailers, pleaded guilty to identity theft charges last week.

    October 13
  • CUJ content
    FBI Hunts ‘Mullet Man’ CU Robber

    PORTLAND, Ore. – Authorities were searching over the weekend for a serial robber who hit at least two credit unions and three banks in a three-day span last week.

    October 12
  • CUJ content
    Patients’ Identities Stolen To Tap Navy FCU Loans

    NORFOLK, Va. – A Virginia Beach man pleaded guilty Friday to participating in a scheme that used information stolen from emergency room patients to obtain more than $134,000 in fraudulent car loans from Navy FCU.

    October 12
  • CUJ content
    NCUA Bars CUs From Third Party ATM Cash Services

    ALEXANDRIA, Va. – NCUA said Friday that federal credit unions may not team with an owner of ATMs to provide third-party cash replenishment services.

    October 12
  • CUJ content
    Premier Members FCU Names Local Banker As New CEO

    BOULDER, Colo. – Premier Members FCU announced Friday the hiring of Rhett Rowe, the president of nearby First National Bank of Colorado, as its new president and CEO.

    October 12
  • CUJ content
    CFO Jailed For Stealing $339,000 To Cover Stock Losses

    MICHIGAN CENTER, Mich. – The former chief financial officer for Cascades Community FCU was sentenced last week to five-to-20 years in prison for embezzling $339,000 from the credit union to cover his losses in the stock market.

    October 12
  • CUJ content
    Families And Schools Together FCU To Relocate To Historic Sears Building

    HANFORD, Calif. – Families and Schools Together FCU broke ground last week to renovate the historic Sears building downtown into its new headquarters.

    October 12
  • CUJ content
    Xceed FCU Raises $7 Million With Sale Of Old Office

    EL SEGUNDO, Calif. – Xceed FCU, which moved into a new headquarters earlier this year, sold its old office building last week for $7.05 million.

    October 12
  • CUJ content
    Altier CU Awards New Member Gas For A Year

    TEMPE, Ariz. – It didn’t take long for one of the newest members of Altier CU to realize the benefits of credit union membership--$3,000 to pay for his gas for a year.

    October 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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