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Market Intelligence:
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Research
  • CUJ content
    First Data Acquires InComm Stored Value Card Marketer

    DENVER – First Data Corp. yesterday announced it has agreed to acquire InComm, a marketer, distributor and technology developer for stored value and prepaid cards.

    April 29
  • CUJ content
    Certegy Sets Aside $4 Million to Settle Data Breach Cases

    ST. PETERSBURG, Fla. – Certegy Inc. said it is notifying customers of their eligibility of a proposed payment regarding last year’s breach of confidential information.

    April 29
  • CUJ content
    Investment in Community is the Best Investment

    ORLANDO, Fla. – A credit union that has posted a robust 3.05% ROA in 2008 said it isn’t any one thing that has driven its success, it’s been a series of investments in its community.

    April 29
  • CUJ content
    ‘Growth for Growth’s Sake’ a Mistake

    ORLANDO, Fla. – Not surprisingly, “growth” has been much in discussion at Credit Union Journal’s Grow Show here. More surprisingly, perhaps, it was generally agreed by many of those sharing growth strategies that growth for growth’s sake is a mistake.

    April 29
  • CUJ content
    Let Your Members Rate You

    ORLANDO, Fla. – The idea of not just allowing but encouraging members to rate their own experiences with their credit union on the CU’s own website may seem a risk not worth taking, but several analysts are encouraging credit unions to do just that.

    April 29
  • Texas
    People’s Trust FCU Plans Five New Branches

    HOUSTON – People’s Trust FCU, the former Shell Oil credit union, said it plans to build a branch per year over the next five years and redesign an existing branch to increase the credit union’s community presence.

    April 29
  • CUJ content
    CommunityAmerica CU, Midwest United CU Complete Another Large Merger

    KANSAS CITY, Mo. – CommunityAmerica CU, the state’s largest credit union, yesterday announced it has completed its merger with Midwest United CU, the ninth-largest, creating a credit union with almost $2 billion in assets.

    April 29
  • CUJ content
    California CUs Can’t See the Light at the End of the Tunnel

    PASADENA, Calif. – More big credit unions in California are reporting losses for the first quarter of the year, leading some executives to predict red ink through the rest of 2008.

    April 29
  • CUJ content
    Bank-CU Consortium Helps Finance Purchases of Foreclosures

    BROCKTON, Mass. – Local credit unions and banks have partnered with the state Housing Finance Agency to provide discounted mortgage services to help people buy foreclosed homes.

    April 29
  • CUJ content
    Bankers Bite Off ‘CURIA-Lite’

    WASHINGTON – House leaders last night pulled the credit union regulatory relief bill from today’s planned vote in the face of a withering lobby effort waged by the bankers.

    April 29
  • CUJ content
    Greater Warren CU Promotes CFO to CEO

    WARREN, Ohio – Greater Warren CU announced the hiring of Brain McCue as its new president and CEO.

    April 27
  • CUJ content
    Branch Manager Charged With Embezzling $246,000

    DEER PARK, Texas – A former branch manager for Associated CU last week was charged with stealing $246,000 from the credit union by granting loans in the names of relatives and friends without their consent.

    April 27
  • CUJ content
    Fiberglas FCU Plans New Headquarters

    NEWARK, Ohio – Fiberglas FCU said it began construction on its new offices here.

    April 27
  • CUJ content
    Pen Air FCU Gives $50,000 to Navy-Marine Relief

    PENSACOLA, Fla. – Pen Air FCU last week said it has contributed $50,000 to the Navy-Marine Corps Relief Society.

    April 27
  • CUJ content
    Apple FCU Grows Three More Branches

    FAIRFAX, Va. – Apple FCU, which serves the educational community in suburban Washington, D.C., last week broke ground on a new branch in Kingstowne, one of three new facilities planned this year by the $1 billion credit union.

    April 27
  • CUJ content
    Goldenwest CU Donates $50,000 to Local Schools

    OGDEN, Utah – Goldenwest CU announced it will donate more than $50,000, raised during the credit union's eighth annual "5K For Schools" run, to nine local schools.

    April 27
  • CUJ content
    St. Mary’s Bank Unveils Payday Loan

    MANCHESTER, N.H. – St. Mary’s Bank, the nation’s oldest credit union, last week announced it is offering its members a payday loan product.

    April 27
  • CUJ content
    Another Data Breach Emerges in Upstate New York

    CANTON, N.Y. – Police are investigating hundreds of unauthorized Visa credit and debit card transactions at area financial institutions, the latest in a growing series of data breaches.

    April 27
  • CUJ content
    Losses Claim More CUs

    ALEXANDRIA, Va. – Increasing numbers of credit unions are opting for mergers rather than cope with the difficult economic conditions that are causing them to report losses.

    April 27
  • CUJ content
    Wrench Thrown Into Plans for ‘CURIA-Lite’

    WASHINGTON – The bankers were all over Capitol Hill the past few days trying to convince House members to vote against the credit union regulatory relief bill Tuesday, freed to do so because Congressional leaders did not schedule a vote on the bankers own bill, also.

    April 27
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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.

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