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Market Intelligence:
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  • Disaster recovery
    Puerto Rico’s credit unions stare down another hurricane season

    Branch traffic and loan demand are up, but with significant parts of the recovery effort still unfinished, are Puerto Rico’s credit unions ready for more storms?

    By Palash Ghosh
    June 20
    Representatives from mainland credit unions and Puerto Rican cooperativas, including Pablo De Filippi, SVP at the National Federation of Community Development Credit Unions (pictured left), pictured together during a visit to the island after Hurricane Maria.
  • It's time for bankers to take a hard look in the mirror

    Bankers would be better off cleaning their own houses and focusing on deregulation efforts, instead of going after credit unions, suggests NAFCU's Carrie Hunt.

    June 20
    Carrie Hunt
    Carrie Hunt
  • CUSOs
    CU Direct inks partnership deal with CU Direct Connect

    The alliance is intended to leverage the strength of two industry-leading indirect lending CUSOs.

    June 20
    Tony Boutelle, CU Direct
  • CUSOs
    Constellation Digital Partners surpasses funding target

    Having exceeded its original funding goal, further credit union investment opportunities with the CUSO are now closed.

    By Palash Ghosh
    June 20
    Kris Kovacs, Constellation
  • Recruiting
    New leadership means new vision at these credit unions

    Credit unions announce board election results, new hires and promotions that will shape the future of these institutions.

    June 19
    leadership intro slide
  • Credit unions
    Sheilah Montgomery to receive AACUC's top honor

    The retired CEO of 1st Choice Credit Union and CU of Atlanta has been named the 2018 recipient of the Pete Crear Lifetime Achievement Award from the African-American Credit Union Coalition.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 19
    Sheilah Montgomery, retired president and CEO of 1st Choice Credit Union and CU of Atlanta, and a founding member of the African-American Credit Union Coalition.
  • Succession planning
    Staatz to retire from SECU of Maryland later this year

    The veteran CEO will turn the reins of the $3.5 billion credit union to Dave Sweiderk, executive vice president and COO of OneAZ Credit Union in Phoenix

    By Frank Gargano
    Data Reporter
    June 19
    Rod Staatz, SECU of Maryland
  • CUSOs
    Trio of New England credit unions sign with PSCU

    The three credit unions range from $83 million to $1.2 billion in assets and will utilize services such as credit processing, contact center support and more.

    By Palash Ghosh
    June 19
    Scott Wagner, PSCU
  • Field of membership
    Amid battle with bankers, NCUA doubles down on FOM reform

    The National Credit Union Administration is set to vote on revisions to its field-of-membership rule, even as it's entangled in a legal dispute with the American Bankers Association over the rule.

    John Reosti Author Image
    By John Reosti
    Reporter
    June 19
    AB-061918-FOM.jpeg
  • Integrations
    Northern Illinois credit unions set for merger

    Cornerstone Credit Union will acquire tiny Milledgeville Community Credit Union in a merger set to take effect later this summer.

    By Palash Ghosh
    June 19
    Gail Clore, Cornerstone CU
  • Law and regulation
    In Rodney Hood, Trump nominates a familiar face for NCUA board seat

    Rodney Hood served on the NCUA board from 2005 to 2009, and his nomination to return to the board was greeted warmly across the industry.

    By John Reosti, Palash Ghosh and Aaron Passman
    June 18
    ncua 2
  • Growth strategies
    Lending a helping hand: Credit unions in the community

    From donations to community organizations to making a difference in the lives of those going through troubled times, here's another look at how credit unions are giving back.

    By Michael Bartlett
    June 18
    Providence 052518.jpeg
  • Workforce management
    CUNA unveils changes to advocacy, communications teams

    The Credit Union National Association elevated three longtime employees to more senior titles and duties.

    By Palash Ghosh
    June 18
    Mike Schenk, CUNA
  • Overdrafts
    Another class-action suit against credit unions is brewing

    As if ADA suits weren't enough, a California-based law firm is using social media advertising to search for credit union members who have been charged overdraft fees, in the hopes of filing a potential class-action suit.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    June 18
    overdraft suit
  • Growth strategies
    Governor's CU selfie: Credit unions in the community

    From special visitors at the branch to donations that make a major impact, here's how credit unions are giving back and making a difference.

    By Michael Bartlett
    June 15
    Royal - CUJ 051818.JPEG
  • CFPB leadership decision, fintech's future: Five events to watch next week

    From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come.

    June 15
    Victoria Finkle
    Victoria Finkle
    American Banker
  • Financial reporting
    What's growing, what's not: NCUA maps out state-level Q1 2018 results

    The National Credit Union Administration's quarterly map of state-level performance data sees a continuation of many long-running trends, but a handful of states can be thankful they're no longer at the bottom of the pack for certain performance metrics.

    By Michael Bartlett
    June 15
    p19q3mca718s96qh1r4krc91hvjb.jpg
  • Workplace management
    States honor excellence in marketing, community impact and more

    From recognizing those who are dedicated to building up the industry to rewarding special expertise, credit union advocates earned top honors.

    By Palash Ghosh
    June 14
    stars.jpg
  • Associations
    NAFCU honored for advocacy efforts

    NAFCU was the only financial services trade association this year to be honored with the "Power of A" award from the American Society of Association Executives.

    By Palash Ghosh
    June 14
    NAFCU President and CEO Dan Berger addresses the crowd during the trade association's 2017 Congressional Caucus in Washington.
  • CUSOs
    Nutmeg State Financial CU acquires DaLand Solutions

    Technology provider will operate as a CUSO of Connecticut-based credit union.

    By Michael Bartlett
    June 14
    Dan Micale, co-founder of DaLand
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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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