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Market Intelligence:
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  • CUJ content
    Mass. Gives State Charters Parity With Federal CUs

    BOSTON - About 100 state-chartered credit unions got expanded powers last week to offer additional loans and services, under a new law giving them parity with federal charters.

    August 15
  • CUJ content
    Power Sought to Charge Biz Loan Prepayment Fees

    ALEXANDRIA, Va. - Credit unions are calling on NCUA to allow them to charge prepayment penalties on member business loans, a practice that is currently prohibited by NCUA.

    August 15
  • CUJ content
    Former-CU Makes Quick Entry Into Public Markets

    TALLAHASSEE, Fla. - Just after a year since converting to a mutual saving bank, Sunshine Bancorp, the former Sunshine State CU, has filed to raise as much as $10.7 million in an initial stock offering.

    August 15
  • CUJ content
    NCUA moves to Sell Off Assets of Failed CU Start-Up

    CHARLESTON, S.C. - NCUA sold off the remnants of the failed credit union start-up Port Trust FCU it had liquidated two weeks ago.

    August 15
  • CUJ content
    Human Rights Commission Finds Rainbow FCU Guilty

    AUGUSTA, Maine - The Maine Human Rights Commission last week found that Rainbow FCU discriminated against a disabled job applicant when it refused to consider her for a teller job last year because of her physical condition.

    August 15
  • CUJ content
    People

    Redwood CU, Santa Rosa, Calif., named Michelle Daunch Cloverdale branch manager.

    August 15
  • CUJ content
    AGENDA

    EVENTS

    August 15
  • CUJ content
    Foiled Once, Robbers Steal $76K

    SAN FRANCISCO - Two robbers thwarted by a bandit barrier at Postal CU returned two days later and made off with more than $76,000, but were caught shortly afterward.

    August 15
  • CUJ content
    Error Delays Pay For City Employees

    SAN DIEGO - As many as 7,000 city employees did not get their paychecks automatically deposited Aug. 8 because of an employee mistake at San Diego Metropolitan CU, which disburses the city's payroll.

    August 15
  • CUJ content
    CommunityAmerica Takes Members Out To The Ballpark For Its Annual Meeting

    KANSAS CITY, Mo. - While most credit union annual meetings struggle to attract members, CommunityAmerica Credit Union has moved its meeting to a local minor league baseball park.

    August 15
  • CUJ content
    ‘Young & Free' Targets Gen Yers

    LAKE JACKSON, Texas - Texas Dow Employees CU rolled out a new package of financial management tools targeted at members between 19 and 25 years old, so-called Generation Y.

    August 15
  • CUJ content
    FedChoice Fridays Luring New Members

    WASHINGTON - New members of FedChoice FCU here have a real reason to say "Thank God It's Friday."

    August 15
  • CUJ content
    Credit Unions In The Media

    Seasons FCU in Middletown, Conn. received coverage in the Record Journal for its move into an "eco-friendly" facility. The credit union is relocating to a LEED-certified building, the story reported, that includes floors made of recycled glass, and which uses power derived from a mix of wind and hydropower. The wood is certified to come from reforestry sources, the story noted.

    August 15
  • CUJ content
    CUJ Snapshot: How Are You Allaying Your Members' Economic Fears?

    LAS VEGAS - The red ink has been flowing at financial institutions across the country, led by the spectacular failure of IndyMac, giving American consumers plenty to worry about. With all the talk about bank failures in the news, Credit Union Journal asked attendees at the recent National Directors' Convention here how their members are reacting, and what they are doing to allay those fears?

    August 15
  • Performance reports
    It's ‘Go Time'-Is Your CU Ready To Rock On ROE?

    LAS VEGAS - This is "Go Time" for credit unions, and they need to change the way they do business.

    August 15
  • Technology
    Brother, Can You Spare 2,500 Dimes?

    RICHMOND, Va. - It's unusual to find a coin-counting machine in a U.S. credit union-only about 25% offer the service-yet automated coin-counting helps keep members from wandering off to other financial institutions, according to two credit unions.

    August 15
  • Performance reports
    IndyMac Failure, Board Term Limits Are Hot Topics

    LAS VEGAS - Safety and soundness questions spotlighted by the IndyMac Bank failure as well as the more typical governance issues sparked passionate discussion at a recent conference for credit union directors, here.

    August 15
  • CUJ content
    TECHNOLOGY NEWS

    ACCU, CUISPA Team Up

    August 15
  • CUJ content
    The 2008 Credit Union Journal Technology Panel

    The following are members of Credit Union Journal's Technology Panel.

    August 15
  • Technology
    8-Step Program To Meet Red Flag Requirements

    WILLIAMSBURG, Va.-Credit unions can meet "Red Flag" rules using an eight-step process, Cliff DeGroot, attorney and CPA of Portland, Ore.-based Farleigh Wada Witt Attorneys, told attendees at the recent CUNA Technology Council Summit here.

    August 15
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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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