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Market Intelligence:
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  • CUJ content
    DNC Visitors Get Welcome From CUs

    DENVER – The thousands of visitors, delegates, politicians and press in town this week for the Democratic National Convention are being greeted by a banner hanging from the Credit Union Associations of Colorado and Wyoming’s new building welcoming them to town.

    August 25
  • CUJ content
    NAFCU: Don’t Put Limits on MBLs

    ARLINGTON, Va. – NAFCU is expressing concern NCUA may be preparing to place what it says are unnecessary restrictions on credit unions’ member business loans.

    August 25
  • CUJ content
    Truliant Makes Mini Grants in Local Markets

    RALEIGH, N.C. – Truliant Federal Credit Union has launched a new program that provides funding to local non-profits.

    August 25
  • California
    Credit Union Deal Off

    A proposed merger between Visterra Credit Union in Moreno Valley, Calif., and the Credit Union of Southern California in Brea has been called off.

    August 25
  • CUJ content
    100 Years In The Making, It’s CU Journal’s 2009 Marketplace Directory

    With this 2009 Credit Union Journal Marketplace Directory, we kick off the celebration commemorating the 100th anniversary of credit unions in the United States. As this comprehensive overview of the credit union community and the vendors serving it makes clear, credit unions have come a long way since November of 1908 when St. Mary’s Bank in Manchester, N.H. took in its first members.

    August 25
  • CUJ content
    Strategic Planning Advice for 2009

    BOOST YOUR NET INCOME

    August 25
  • CUJ content
    Will Credit Union Fail? Stuffers Put Members 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 24
  • CUJ content
    Kansas Bank Ninth of Year to Fail

    TOPEKA, Kan. – The $752-million Columbian Bank and Trust Co. here has been shuttered by the FDIC, which placed it into receivership.

    August 24
  • CUJ content
    Visterra, Credit Union of California Cancel Merger Plans

    MORENO VALLEY, Calif. – A proposed merger between Visterra Credit Union and Brea, Calif.-based Credit Union of California is being called off.

    August 24
  • CUJ content
    Banks Don’t Ask For Member Expulsion in FOM Suit Response

    HARRISBURG, Penn. – Bankers in Pennsylvania have filed a response in Federal District Court to a ruling on field of membership involving three credit unions in the state.

    August 24
  • CUJ content
    Robber Fires Shot as He Exits CU

    TULSA, Okla. – A robber exiting a Credit Union Service Center here fired a shot as he was leaving.

    August 24
  • CUJ content
    Wescom Indicates It May Cut Up To 80 Jobs

    PASADENA, Calif. – Wescom Credit Union said its recent closure of 11 branches likely will result in approximately 80 positions being eliminated.

    August 24
  • CUJ content
    What Biden’s Addition to Ticket Could Mean in Victory

    WASHINGTON – The selection of Sen. Joe Biden (D-Del.) by Sen. Barack Obama as his running mate in the race for the presidency could have implications for credit unions and other financial institutions should Obama defeat Sen. John McCain in the race.

    August 24
  • CUJ content
    Credit Unions in Denver as Democrats Hold Convention

    DENVER – The nation’s credit unions will be looking to make themselves heard above the din here this week when the Democratic National Convention is held.

    August 24
  • Technology
    Widespread Vishing, Phishing in Ohio

    DUBLIN, Ohio–Several credit unions in Ohio have been cautioning members not to respond to widespread phishing and vishing fraud occurring in the state. The Ohio CU League reported that thousands of Ohioans have been receiving messages via text, email, and voicemail stating their services were suspended, followed by a phone number to call. Members are then prompted to enter credit and debit card information. The league reported that there have been five unique phishing scams purporting to be from credit unions in the past two days. The FBI is uring consumers to report information at www.ic3.gov for investigation.

    August 21
  • CUJ content
    Debit Rewards Programs Continue To Grow

    HOUSTON — Surcharge-free ATM access is gaining in popularity among debit card issuers, according to the 2008 Debit Issuer Study, commissioned by PULSE.

    August 21
  • CUJ content
    Former Employees Want Senator Investigated

    SACRAMENTO, Calif.–California attorney general, Edmund G. Brown, is considering a request made by former IndyMac employees to investigate whether a letter from New York Senator Charles Schumer helped lead to the bank's collapse. Schumer had sent the letter to regulatory authorities and questioned the ability of IndyMac Bancorp to survive.

    August 21
  • Performance reports
    Just Five CU Card Portfolios Sold During Q2

    PETERBOROUGH, N.H.–Just five credit unions sold their card portfolios during the second quarter, a marked decline in such sales by CUs.

    August 21
  • CUJ content
    Just What Is A Credit Union? Unique Explanation Available

    Just What Is A Credit Union? Unique Explanation Available

    August 21
  • Lending
    Plan Would Modify Thousands of IndyMac Mortgages

    WASHINGTON–The FDIC has introduced a plan that would modify tens of thousands of loans at IndyMac Federal Bank. The goal is to the failed thrift's sale value and spurring more modifications across the industry. The FDIC has long advocated large-scale modifications to avoid foreclosures and said it is offering modified loans for 4,000 borrowers this week, part of an initial phase to target 25,000 troubled IndyMac borrowers for possible loan changes.

    August 21
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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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