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Market Intelligence:
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  • Succession planning
    CEO of Argent Credit Union announces retirement

    Rose Ellis Baggerly started at the Virginia-based CU in 1979 as a teller and was appointed to the top job in 1997.

    By Michael Bartlett
    July 19
    Rose Baggerly, president and CEO of Argent Credit Union, will retire in early 2019.
  • Penalties and fines
    Nine credit unions to pay fines for late Q4 call reports: NCUA

    The nine CUs will together pay a total of $3,109 to the U.S. Treasury.

    By Melissa Angell
    Reporter
    July 18
    ncua 2
  • Growth strategies
    How Redstone FCU fuels its growth

    With an average of 2,600 new members joining each month, the Huntsville, Ala.-based credit union recently earned a Credit Union of the Year honor from NAFCU.

    By Melissa Angell
    Reporter
    July 18
    Redstone FCU staff - CUJ 071818
  • Growth strategies
    Long Island credit union reaches $3 billion in assets

    The asset milestone comes as Westbury, N.Y.-based Nassau Educators Federal Credit Union celebrates 80 years in business.

    By Melissa Angell
    Reporter
    July 18
    Edward Paternostro, outgoing CEO of Nassau Educators Federal Credit Union, who will retire at the end of 2018
  • Agency's $736 million distribution came through prudent, bipartisan efforts

    Without a template to follow and no taxpayer-funded bailout, NCUA's decade-long effort to resolve the fallout of the 2008 financial crisis is coming to a close.

    July 18
    J. Mark McWatters
    J. Mark McWatters
    National Credit Union Administration
  • Financial reporting
    Loan growth continues at California, Nevada credit unions

    Credit unions in the Silver and Golden states saw strong increases in growth and deposits during the first quarter of 2018.

    By Michael Bartlett
    July 18
    California and Nevada loan growth Q1 2018 - CUJ 071818.jpeg
  • Core conversions
    Premier America Credit Union flips to Symitar

    The California-based credit union will convert to the Symitar EASE model of the Episys platform.

    By Michael Bartlett
    July 18
    Rudy Pereira
  • Collaboration
    Corporate Central Credit Union, Wisconsin CU League get 'WILD'

    The Wisconsin Ideation and Local Development initiative aims to improve services and business models for credit unions.

    By Palash Ghosh
    July 17
    Elry Armaza, Filene Research Institute
  • Workforce management
    New CIO takes over and more CU professionals in the news

    New board elected at Mississippi league, PenFed president earns special recognition, and more new hires, promotions and appointments.

    By Palash Ghosh
    July 17
    tech intro1.jpg
  • Corporate credit unions
    NCUA to pay out $736M equity distribution next week

    The payment is likely to bring an end to the saga of the failed corporate credit unions, which began nearly a decade ago.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 17
    ncua 2
  • Succession planning
    Hickam FCU says 'Aloha' as CEO retires, successor named

    Scott Kaulukukui succeeds Gerard Auyong, who has led the credit union for the past 30 years.

    By Palash Ghosh
    July 17
    Scott Kaulukukui, Hickam FCU
  • CUJ content
    Video for CECL: The road ahead and staying focused
    July 17
    Video for CECL: The road ahead and staying focused
  • Compliance
    CU trades to CFPB: We’ll handle our own complaints, thank you

    CUNA and NAFCU have asked the bureau to stop publishing consumer complaints and allow NCUA to handle that process for credit unions.

    By Michael Bartlett
    July 17
    Mick Mulvaney, acting CFPB director.
  • Lawsuits
    Suffolk FCU reaches settlement in discrimination suit

    Within its complaint, a Long Island housing group claimed the CU violated state laws against discrimination, as well as the federal Fair Housing Act.

    By Melissa Angell
    Reporter
    July 16
    Ralph Spencer is president and CEO of Suffolk FCU
  • Succession planning
    UMassFive College FCU names new CEO

    Rich Kump takes the helm from retiring CEO Kathy Hutchinson.

    By Palash Ghosh
    July 16
    Rich Kump UMassFive College FCU
  • Cards
    CU on Prime Day: Pushing top-of-wallet status for Amazon’s biggest day

    As Amazon Prime Day kicks off, credit unions are looking for ways to entice members to use the CU's card for purchases.

    By Melissa Angell
    Reporter
    July 16
    Amazon Prime Day cover slide - CUJ 071618.jpg
  • Financial literacy
    NCUF accepting applications for 'Bite of Reality App' grants

    Credit unions can apply for the app through Aug. 31.

    By Melissa Angell
    Reporter
    July 16
    Gigi Hyland, NCUF
  • Growth strategies
    Putting fun into financial literacy: Credit unions in the community

    Another look at how credit unions are giving back and making a difference.

    By Michael Bartlett
    July 13
    Altura 060818.JPG
  • Overdrafts
    Chicago credit union hit with class-action suit for overdrafts

    The suit against Alliant Credit Union comes just weeks after trade associations said firms were using social media ads to target plaintiffs for a potential class-action case.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    July 13
    gavel2-fotolia.jpg
  • Credit scores
    Ser Tech signs 2 credit unions to its Flitter Credit Network

    New service provides credit scores to members via mobile, home banking.

    By Michael Bartlett
    July 13
    Mike Covert, Ser Tech chairman
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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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