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Market Intelligence:
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  • CUJ content
    BECU Throws a Life Jacket to Kids

    SEATTLE – BECU will be giving away life jackets to the first 300 kids to visit its Life Jacket Giveaway Booth at the Lake Union Boats Afloat Show.

    September 10
  • CUJ content
    Lower Eastside People’s FCU Places Self-Service Kiosk in Central Harlem

    NEW YORK – Lower Eastside People’s FCU yesterday said it has unveiled an electronic banking self-service kiosk in its central Harlem branch.

    September 10
  • CUJ content
    Michigan Start-up CUSO Development Mortgage Company Expands Into Las Vegas

    ADA, Mich. – Start-up CUSO Development said it is opening a branch in Las Vegas, part of expansion plans that extend into Virginia, Pennsylvania and Massachusetts.

    September 10
  • CUJ content
    ‘Blue Collar Bandit’ Sought in Four CU Heists

    FORT LAUDERDALE, Fla. – Police are searching for a hard-hat wearing robber who has held up four area credit unions in recent weeks, three of them branches of Eastern Financial Florida CU.

    September 10
  • CUJ content
    Redstone FCU Introduces Xtreme Deposit-Taking ATMs

    HUNTSVILLE, Ala. – Redstone FCU yesterday said it has opened its fourth Xtreme ATM, this one at its headquarters branch.

    September 10
  • CUJ content
    New Round of GECU Savings Contest Targets College Students

    EL PASO, Texas – GECU is launching the third round of its popular Savings Challenge, but instead of focusing on families, this year’s round will be geared toward teaching college students the basics of personal finances.

    September 10
  • CUJ content
    Mountain America CU Promotes from Within to Succeed CEO Gordon Dames

    SALT LAKE CITY – The board of Mountain America CU yesterday announced it has promoted Sterling Nielson to succeed Gordon Dames as president and CEO of the $2.8 billion credit union.

    September 10
  • CUJ content
    CUs Dip Their Feet Back Into Secondary Mortgage Markets

    ELKHART, Ind. – Sunday’s federal takeover of Fannie Mae and Freddie Mac had an immediate impact on credit unions, many of whom took advantage of the shift in market sentiment by recommencing selling their mortgages on the secondary market.

    September 10
  • CUJ content
    FBI Hunts ‘Bank Robber Bob’ Serial Bandit

    DENVER – Authorities believe a man who robbed Burlington Railroad CU in nearby Wheatridge yesterday is the suspect known as ‘Bank Robber Bob," who has robed as many as six area institutions.

    September 9
  • CUJ content
    Capital Educators FCU To Award Monthly Teacher Grants

    BOISE, Idaho – Capital Educators FCU introduced a new program yesterday that will recognize area teachers with two $750 grants a month to use in their classrooms.

    September 9
  • Technology
    Corporate CU Network Signs Mobile Banking Deal with Metavante

    MILWAUKEE – The Corporate Network eCom, which is owned by corporate credit unions, has signed with Metavante to be its provider of mobile banking and payments solutions and will resell Metavante Mobile Financial Services, powered by Monitise Americas.

    September 9
  • Branch network
    GECU Christens 88,000-Square-Foot Headquarters

    EL PASO, Texas – GECU, formerly Government Employees CU, is completing construction of an 88,000-square-foot operations center that will consolidate the $1.4 billion credit union’s operations and executive staff.

    September 9
  • CUJ content
    Family First FCU Sponsors Home Expo

    OREM, Utah – Family First FCU yesterday announced it will be the title sponsor at the 2008 Autumn Home Expo at the McKay Events Center here.

    September 9
  • CUJ content
    Virginia CU Reissues Cards in Wake of Security Breach

    RICHMOND, Va. – Virginia CU officials said about 2,000 of its Visa cardholders have been notified of a data breach that made their cards vulnerable to potential fraud.

    September 9
  • Technology
    Royal CU Rolls Out Passfaces’ Online Authentication

    EAU CLAIRE, Wis. – Royal CU has deployed Passfaces Corp.’s online authentication system that requires members to identify pre-approved faces to log on to their Internet banking.

    September 9
  • CUJ content
    More Bank/CU Mergers Eyed

    KENNEBEC, Maine – More credit unions are expected to explore combining with banks and thrifts, in the same way KV FCU is seeking to merge into 138-year-old Kennebec Savings Bank.

    September 9
  • CUJ content
    United Community FCU Gets More Mileage From Traveling Billboards

    WEST MIFFLIN, Penn. – United Community FCU has found a new way to profit from an employee benefit – the credit union has equipped 17 employees with a company car, wrapped bumper-to-bumper in a credit union advertisement.

    September 9
  • Lending
    Mortgage Rescue Puts Downward Pressure on Rates

    FORT WORTH, Texas – Sunday’s federal takeover of Fannie Mae and Freddie Mac has immediately pushed home loan rates downward by easing liquidity in the market and freeing the two secondary mortgage giants to buy mortgages.

    September 9
  • CUJ content
    KV FCU Eyes Spring Nuptials With Local Bank

    KENNEBEC, Me. – Officials of KV FCU have set a tentative agreement to merge into nearby Kennebec Savings Bank, the venerable thrift that traces its origins all the way back to 1870, in a new permutation of the credit union conversion to bank.

    September 9
  • CUJ content
    KV FCU Eyes Spring Nuptials With Local Bank

    KENNEBEC, Me. – Officials of KV FCU have set a tentative agreement to merge into nearby Kennebec Savings Bank, the venerable thrift that traces its origins all the way back to 1870, in a new permutation of the credit union conversion to bank.

    September 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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