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  • CUJ content
    Big Losses Lead to Another Regional CU Merger

    ALBANY, Ga. – Docco Regional FCU said it has agreed to acquire troubled Southern Traditions FCU, creating a $125 credit union, the biggest in southern Georgia.

    April 16
  • CUJ content
    Failed Member Business Loan Weighs Down Centris CU

    OMAHA, Neb. – The company that owns the failed Great Adventures Water Resort filed for Chapter 11 bankruptcy last week, leaving its lender, hard-pressed Centris CU, potentially holding the bag for millions of dollars in losses.

    April 16
  • CUJ content
    Giant CU Office Project Gets Blessing From City Fathers

    ROCHESTER, N.Y. – The City Council voted Tuesday to sell a downtown plot fo ESL FCU where the $3 billion credit union plans to build a six-story headquarters, one of two projects this once-thriving Upstate city hopes will aid a revitalization.

    April 16
  • CUJ content
    1st Advantage CU Adds UCN’s inContact Solution in All 10 Branches

    YORKTOWN, Va. – 1st Advantage CU said yesterday it implemented UCN Inc.’s inContact hosted contact center software in al 10 of its branches.

    April 15
  • CUJ content
    Regulator Warns On Difference Between ‘Interest’ and ‘Dividends’

    OLYMPIA, Wash. – Credit unions need to make sure they’re being paid ‘interest’ when they mean ‘dividends’ when selling products and services, the state Division of CUs warned.

    April 15
  • CUJ content
    Multi-Media Ad Campaign Offers ‘Truth In Banking’

    ORLANDO, Fla. – Fairwinds CU has broken onto the front page with its new multi-media ad campaign that touts the benefits of the region’s largest credit union over the area’s banks.

    April 15
  • CUJ content
    Spokane Teachers CU Joins Exodus From Government Loan Program

    Spokane Teachers CU Joins Exodus From Government Loan Program

    April 15
  • CUJ content
    Congress Eyes Bailout of Student Loan Market

    WASHINGTON – Key Democratic Senators joined members of the House yesterday in urging the Bush administration to intervene in the student loan markets by making federal funding available, as increasing numbers of lenders are exiting the market.

    April 15
  • Texas
    Employees Boost Incumbents In Board Bid at Failed Convert First Basin CU

    ODESSA, Texas – In a scenario reminiscent of previous battles over credit union conversions, employees of First Basin CU turned out in large numbers to help three volunteer directors reclaim their seats in an election held at last night’s annual meeting.

    April 15
  • CUJ content
    Correction & Clarification: Robert Bava New CEO

    Robert Bava’s name was misspelled in the announcement that he will succeed Catherine Roberts as CEO of Community Choice CU in Livonia, Mich.

    April 14
  • CUJ content
    Banking Giants Falter on Check 21 Patent Bid

    WASHINGTON – An effort by several big banks to carve out an exemption from key Check 21 patents appears to be dead after its chief Senate backer withdrew his support.

    April 14
  • CUJ content
    Fiserv Inks Processing Pact with Eight Corporate CUs

    BROOKFIELD, Wis. – Fiserv and Core Network Processing, LLC, a CUSO formed for the purpose of obtaining core processing for corporate credit unions, have signed a contract covering processing for eight corporates that runs through 2011.

    April 14
  • CUJ content
    Truliant FCU Provides $28,000 in Grants to Local Non-Profits

    WINSTON-SALEM, N.C. – Truliant FCU will award 28 mini-grants totaling $28,000 to local community and faith-based groups.

    April 14
  • CUJ content
    Border Police Nab CU Robbery Suspect

    EL PASO, Texas – A man wanted for the robbery of Greater El Paso CU turned himself in to U.S. Customs and Border Protection officers at the Paso Del Norte border crossing late Saturday afternoon.

    April 14
  • CUJ content
    Pennsylvania State Employees CU Acquires Another Small CU

    HARRISBURG, Penn. – Members of Clarion University FCU last week voted overwhelmingly to merge the $6 million credit union into Pennsylvania State Employees CU, the third small credit union absorbed by the credit union giant over the past two months.

    April 14
  • CUJ content
    MasterCard Stock Deal Boosts PSCU Dividend

    ST. PETERSBURG, Fla. – PSCU Financial Services yesterday announced it is paying its member credit unions $24.1 million in dividends, boosted by last year’s MasterCard initial public offering.

    April 14
  • CUJ content
    Forget Everything You Thought You Knew About Direct Marketing

    By Lisa Freeman, Managing Editor

    April 13
  • CUJ content
    How One Chilean CU Has Created The Ultimate In Direct Marketing

    SANTIAGO, Chile—Chile’s largest credit union has found a way to forge a personal, one-on-one relationship with even its most remote members, and it’s decidedly low-tech.

    April 13
  • CUJ content
    Armed Hold Up, Witness Tampering Earn Two Robbers Life Sentences

    GALVESTON, Texas – Two men who were found guilty of a violent 2005 armed robbery at University FCU, and later shot a witness to the crime, on Friday were sentenced to life in prison.

    April 13
  • CUJ content
    20th Century Fox FCU Pilots Telematic GPS Asset Tracking System

    BEVERLY HILLS, Calif. – 20th Century Fox FCU said it has completed the beta test of a Telematic GPS system which helps credit unions track assets, including vehicles they have financed.

    April 13
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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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