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Market Intelligence:
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  • CUJ content
    Fair Isaac in Cutbacks, Divestitures

    MINNEAPOLIS – Fair Isaac & Co., maker of the ubiquitous FICO score, said it has agreed to sell its insurance bill review operations and cut as many as 200 jobs in order to reduce costs.

    April 2
  • CUJ content
    TJX to Settle With MasterCard Holders

    FRAMINGHAM, Mass. – TJX Cos., which paid $40.9 million in December to settle claims with credit union and bank Visa issuers over last year’s massive data breach, yesterday said it has agreed to provide $24 million to MasterCard issuers to settle their claims.

    April 2
  • CUJ content
    Orange County Teachers FCU To Become SchoolsFirst FCU

    SANTA ANA, Calif. – Orange County Teachers Federal Credit Union, the nation's largest credit union for school employees and their families, will be changing its name to SchoolsFirst FCU today.

    April 1
  • CUJ content
    Financial Services Industry Weighing In On Treasury’s ‘Blueprint’

    NEW YORK–The entire financial services industry is still getting its arms around a U.S. Treasury proposal that would essentially merge the financial regulatory agencies and create a mortgage regulator.

    April 1
  • CUJ content
    Capital CU Renews Card Processing Pact with OneBridge

    BISMARCK, N.D. – Capital CU yesterday said it has signed a new multi-year processing agreement for its Visa credit cards with OneBridge.

    April 1
  • CUJ content
    ‘Sports Cap Bandit’ Gets Seven Years for Seven Robberies

    SACRAMENTO, Calif. – A man convicted of seven area credit union and bank robberies on Monday was sentenced to a year in prison for each of the heists–a total of seven years behind bars.

    April 1
  • CUJ content
    Coastal FCU Inks Mortgage Servicing Pact with IBM Unit

    RALEIGH, N.C. – Coastal FCU yesterday said it has signed a five-year contract with IBM Lender Business Process Services to service its mortgage portfolio.

    April 1
  • CUJ content
    Alaska USA FCU Signs with Fiserv for Automated Cash Management

    ANCHORAGE, Alaska – Alaska USA FCU has selected Fiserv’s Integrated Cash Operations Modules to automate the cash management for its 200 ATMs and 50 branches in Alaska and Washington state, the $3.6 billion credit union said yesterday.

    April 1
  • CUJ content
    IH Mississippi Valley CU to Implement vSoft’s Image Capture System

    MOLINE, Ill. – IH Mississippi Valley CU yesterday announced it will install vSoft Corp’s Image Capture, Check 21 and Returns software.

    April 1
  • CUJ content
    City-County FCU Selects mFoundry For Mobile Banking

    BROOKLYN CENTER, Minn. – City-County FCU yesterday said it has signed with mFoundry to provide it with mobile banking services.

    April 1
  • CUJ content
    Wescom CU Offers Personalized Images on Credit Cards

    PASADENA, Calif. – Wescom CU yesterday said it is allowing members to post personalized images on their credit and check cards.

    April 1
  • CUJ content
    Navy FCU Joins MoneyPass ATM Network

    VIENNA, Va. – Navy FCU yesterday announced it has joined the MoneyPass ATM network, giving its members surcharge-free access to more than 12,000 MoneyPass ATMs in the U.S.

    April 1
  • CUJ content
    Michigan CUs Tapped to Help Troubled Homeowners

    LANSING, Mich. – The Governor’s office has designated credit unions as one of the lenders to help homeowners avoid foreclosure in a package of bills passed by the state legislature.

    April 1
  • Texas
    A CDCU Grows in Texas

    HOUSTON – The Neighborhood Centers Inc., a low-income community development corporation, has submitted an application to the Texas CU Division to charter a credit union for the mostly Hispanic southwestern portion of the city.

    April 1
  • CUJ content
    Teller Shot During CU Hold Up

    CHARLOTTE, N.C. – A teller was in critical condition at a nearby hospital last night after she was shot during a robbery at the State Employees CU branch here yesterday morning.

    April 1
  • CUJ content
    Elevations CU’s Bill Sterner Dies of Heart Attack

    BOULDER, Colo. – Bill Sterner, the well-respected CEO of Elevations CU and a long-time credit union activist, died yesterday following a heart attack he suffered March 28.

    March 31
  • CUJ content
    United Technologies Won’t Be Deterred by Diebold Rebuff

    HARTFORD, Conn. – United Technologies Corp. said it has acquired a 3.5% stake in Diebold Inc., even after the ATM manufacturer rejected the company’s takeover offer.

    March 31
  • CUJ content
    ValleyStone CU Sells Cards Portfolio to TNB

    WILBRAHAM, Mass. – ValleyStone CU yesterday said it has sold its credit card portfolio to TNB Card Services.

    March 31
  • CUJ content
    Twin City Co-ops FCU Now Spire FCU

    ST. PAUL, Minn. – Twin City Co-ops FCU, the area’s fifth-largest credit union, yesterday changed its name to Spire FCU.

    March 31
  • CUJ content
    South Carolina FCU Pays Rewards for e-Bill Payments

    NORTH CHARLESTON, S.C. – South Carolina FCU will roll out a new incentive program today providing members with reward points every time they pay a bill online.

    March 31
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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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