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Market Intelligence:
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  • Growth strategies
    Expansion celebrations: Credit unions in the community

    From new branches to increase access to affordable financial services to donations of all kinds, here's how credit unions are giving back and making a difference.

    By Michael Bartlett
    June 26
    Ent 060118.JPG
  • Business development
    NCUA to open community-development grant period on July 1

    Credit unions can apply for their share of approximately $2 million in Community Development Revolving Loan Fund grants between July 1 and Aug. 18.

    By Palash Ghosh
    June 26
    ncua 2
  • Disaster recovery
    Michigan credit unions rally after disastrous flooding

    Credit unions and industry organizations across the state have banded together to aid consumers impacted by devastating flooding in Michigan's Upper Peninsula.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 25
    An example of the damage caused by flooding centered in Houghton, Mich., in the state's upper peninsula.
  • Banklike credit unions should follow bank rules

    As large credit unions look to expand under the NCUA’s new field of membership rule, they should be required to comply with additional bank rules.

    June 25
    Aaron D. Klein
    Aaron D. Klein
  • Growth strategies
    CU in the Emerald City: Looking back at NAFCU's 2018 convention

    From change to heroism, leadership, the future and more, here's one last look at this year's NAFCU conference in Seattle.

    By Michael Bartlett
    June 25
    Space Needle - CUJ 062518.JPG
  • Succession planning
    Five steps credit unions can take to build a better board of directors

    Many credit unions' volunteer boards have members who have served for decades, but those same CUs may be doing themselves a disservice if they're not developing the next generation of volunteer leaders.

    By Michael Bartlett
    June 22
    Credit union consultant and former NCUA Chairman Dennis Dollar speaking during the 2018 NAFCU annual conference in Seattle.
  • Recruiting
    Rewarding talent a key aspect of recruitment and retention

    Credit unions and leagues across the country offer special recognition in order to develop and maintain their most valuable resource: people.

    By Palash Ghosh
    June 22
    org.jpg
  • Growth strategies
    Serving those who serve: Credit unions in the community

    Making a difference for members of the military, students, the needy and more.

    By Michael Bartlett
    June 22
    Hanscom 052518.jpg
  • Mobile banking
    Credit unions have new competition when it comes to overdraft fees

    At a time when credit unions have seen a major increase in fee income from overdrafts, several big banks are following Silicon Valley's lead by offering new fee-free accounts.

    By Kevin Wack
    Banking Editor
    June 22
    bar chart showing number of overdrafts by average age of customers.
  • CFPB could help more consumers by working with – and not against – CUs

    Credit unions and the Consumer Financial Protection Bureau share a similar mission, so why does the CFPB continue to make it difficult for CUs to do business?

    June 22
    Ryan Donovan
    Ryan Donovan
  • Succession planning
    CUs not doing enough to plan for coming wave of CEO retirements: Expert

    One recruiting and strategic planning consultant says the movement isn't doing enough to prepare for major changes in leadership at hundreds of large institutions.

    By Michael Bartlett
    June 22
    Deedee Myers, CEO of Phoenix-based consultancy DDJ Myers, speaking during the 2018 NAFCU annual convention in Seattle.
  • Core conversions
    Missouri's County CU picks Sharetec for core processing system

    At just $20 million in assets, County Credit Union is tiny, but its CEO says a new core system will position it for significant growth.

    By Palash Ghosh
    June 21
  • Growth strategies
    How today’s trends will dictate tomorrow’s credit union movement

    The sharing economy, declining cash usage, mobile banking and more will all have a major impact on how credit unions do business less than a decade from now, according to one analyst.

    By Michael Bartlett
    June 21
    Erin Coleman, senior impact director for Madison, Wis.-based Filene Research Institute
  • Federal credit unions
    Credit union membership change built to withstand court challenge

    A new rule from the NCUA is designed to curry more favor with judges by establishing a detailed application process for expansion-minded credit unions. Banks complain it would be too permissive.

    John Reosti Author Image
    By John Reosti
    Reporter
    June 21
    AB-062118-FOM.jpeg
  • Compliance
    What’s next after reg relief?

    During NAFCU’s annual conference, a panel of experts highlighted some of the legal and regulatory changes that may still be in store for credit unions.

    By Michael Bartlett
    June 21
    NAFCU's regulatory affairs panel included, from left: Chad Adams, director of political affairs; Brad Thaler, VP of legislative affairs; Curt Long, VP of research and chief economist; Alexander Monterrubio, director of regulatory affairs; Brandy Bruyere, VP of regulatory compliance and Carrie Hunt, EVP of government affairs and general counsel.
  • Corporate credit unions
    After 14 years, Kim Sponem departs Corporate Central Credit Union board

    Sponem's seat on the board will be filled by Sue Johnson, president and CEO of Fort Community Credit Union.

    By Palash Ghosh
    June 21
    Kim Sponem, Summit CU
  • Student loans
    Private student loan default insurance vendor could be liquidated

    A South Dakota regulator seeks to liquidate ReliaMax Surety, which provides default insurance for many private student loans held by credit unions.

    By Palash Ghosh
    June 21
    Larry D. Deiter, South Dakota Division of Insurance
  • ADA
    Bipartisan House panel calls for ADA clarity

    As House members wrote to AG Sessions, the National Association of Federally-Insured Credit Union also filed an amicus brief supporting Department of Labor FCU, which saw an ADA-related suit dismissed earlier this year.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 20
    gavel-fotolia.jpg
  • Growth strategies
    Service and success: Credit unions in the community

    From employee participation in events that give back to donations of time and money, here's another look at how credit unions are making a difference in the lives of others.

    By Michael Bartlett
    June 20
    Bay 052518.jpg
  • Core conversions
    Allegent Community FCU plans core migration

    The Pittsburgh-based credit union has selected the OnCore DataSafe platform.

    By Palash Ghosh
    June 20
    Jim Giacobbe, USC
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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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