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Market Intelligence:
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Research
  • CUJ content
    Nearly 375,000 Students Hear From Credit Unions

    MADISON, Wis. – Credit unions made 11,245 presentations to some 374,099 students during the 2007-08 school year, according to new data collected by the National Youth Involvement Board (NYIB).

    August 27
  • CUJ content
    Former CFO Charged in Embezzlement

    TULSA, Okla. – The former CFO and assistant manager at Mayes County FCU has been charged in federal court with embezzling more than $1.6 million.

    August 27
  • CUJ content
    Penn. CUs in Family Savings Account Program

    LEBANON, Penn. – Credit unions in Lebanon County are participating in Pennsylvania’s Family Savings Account program (FSA), which is aimed at serving the underserved.

    August 27
  • CUJ content
    CUs Seek ‘Positive Message’ at Convention

    DENVER – Credit unions spent the third day of the Democratic National Convention here doing much of what they did during the first two days: working to keep the credit union profile high and rubbing elbows.

    August 27
  • CUJ content
    Gulf Coast CUs Gear Up For Gustav

    HARAHAN, La. – Credit unions in states along the Gulf Coast are preparing for a potential strike from Hurricane Gustav.

    August 27
  • CUJ content
    FDIC Boosts Reserves by Staggering 2,000%

    WASHINGTON – The Federal Deposit Insurance Corp. (FDIC) boosted reserves more than 2,000% during the second quarter to cover the costs of bank failures.

    August 27
  • CUJ content
    Members Worried About Your CU? Help Put Them at Ease

    WEST PALM BEACH, Fla. – Credit unions now have an effective means of responding to member concerns over the safety of their savings.

    August 26
  • CUJ content
    FDIC: Brokered Deposits Played Role in Bank Failure

    WASHINGTON – Large and ongoing withdrawals of brokered deposits played a significant role in the failure of Columbian Bank & Trust here late last week, regulators are now saying.

    August 26
  • CUJ content
    Bank Out to Prove It Speaks Immigrants’ Languages

    TORONTO – Royal Bank of Canada is rolling out a translation service that provides live customer help on the phone in almost any language.

    August 26
  • Branch network
    CU Makes Bid for Space in Ex-Furniture Plant

    LEWISBURG, Penn. – M-C Federal Credit Union has submitted a bid that would make it the first tenant in the redevelopment of the former property owned by furniture manufacturer Pennsylvania House.

    August 26
  • Lending
    Mortgage Fraud by Insiders Shows Increase

    RESTON, Va. – Mortgage fraud perpetrated by insiders has leaped significantly, according to one new analysis, which says such fraud was up 42% during the first quarter of the year.

    August 26
  • Lending
    Green Loan Program is Expanded

    RALEIGH, N.C. – State Employees' Credit Union (SECU) has made changes to its “green” vehicle loan program to include vehicles that get better mileage.

    August 26
  • Lending
    Basement-Level Numbers on Home Front

    ARLINGTON, Va. – The news on the home front – literally – is not improving much for most of the country.

    August 26
  • CUJ content
    Striking Workers, Credit Union Reach Agreement

    LOCKPORT, N.Y. – Workers and management at Cornerstone Community FCU here have reached an agreement, bringing to an end a 10-day-old strike.

    August 26
  • CUJ content
    CUs Keeping Profile Mile-High at Convention

    DENVER – An injured veteran of the war in Iraq was presented with keys to his new home yesterday in a ceremony in which CUNA and credit unions played a strong role.

    August 26
  • Performance reports
    Most FHLBs Continue To Post Profits

    WASHINGTON – While Fannie Mae and Freddie Mac post red numbers, the news isn’t so gloomy for all. For second quarter 2008, 10 of the 12 Federal Home Loan Banks turned a profit.

    August 25
  • CUJ content
    No Investigation of Senator Over Letter

    SACRAMENTO, Calif. – California’s Attorney’s General office said it will not grant a request by former IndyMac Bank employees to investigate Sen. Charles Schumer for letters whose disclosure critics say caused the thrift's failure.

    August 25
  • CUJ content
    Just What the Heck is a Credit Union?

    WEST PALM BEACH, Fla. – Credit unions now have an effective means of responding to member concerns over the safety of their savings.

    August 25
  • Technology
    Vishing Scams See Resurgence

    CLATSKANIE, Ore. – “Vishing” scams appear to be making a resurgence in markets across the country, with credit unions being targeted specifically.

    August 25
  • CUJ content
    CU-Sponsored Gas Discount Fuels Response

    LIVONIA, Mich. – Over the next few weeks Co-op Services Credit Union here will be teaming up with a number of local gas stations to offer lower prices on fuel.

    August 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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