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Market Intelligence:
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  • CUJ content
    Member One FCU Names New CEO

    ROANOKE, Va. – Member One FCU yesterday announced it has hired Frank Carter, the senior vice president for Grow FCU, as its new president and CEO.

    March 27
  • CUJ content
    Digital FCU Offers Foreclosed Homes Bus Tours

    MARLBOROUGH, Mass. – Digital FCU said its DCU Realty LLC unit is offering local residents bus tours of foreclosed properties to help boost real estate sales and lending.

    March 27
  • Texas
    Security Service FCU Uses Database Marketing to Improve Market Penetration

    SAN ANTONIO – Security Service FCU said it has implemented ESRI’s BusinessMAP Financial to provide it with market demographics for areas surrounding its current branches to help it evaluate sites for new centers.

    March 27
  • CUJ content
    Arrowhead CU Hires New Ad Firm

    SAN BERNARDINO, Calif. – Arrowhead CU yesterday announced it signed a contract with Hyatt Advertising of Redlands, Calif., for radio, print, interactive media and product promotions.

    March 27
  • CUJ content
    Distressed Florida CU Loans Won’t Sell

    ALEXANDRIA, Va. – NCUA decided to pull from the market a $26 million package of distressed Florida real estate loans originated by failed Huron River Area FCU due to a lack of adequate offers.

    March 27
  • CUJ content
    NCUA Adds Examiners to Focus on California CUs

    ALEXANDRIA, Va. – NCUA said it has hired seven new examiners who will focus mainly on the California market, where plunging real estate values have infected all lenders.

    March 27
  • CUJ content
    San Diego CUs Combine in Another Mega-Merger

    SAN DIEGO -- First Future CU and California Coast CU said today they have agreed to combine in the latest credit union mega-merger, creating a credit union with more than $1.8 billion in assets and 130,000 members.

    March 27
  • CUJ content
    San Diego CUs Combine in Another Mega-Merger

    SAN DIEGO -- First Future CU and California Coast CU said today they have agreed to combine in the latest credit union mega-merger, creating a credit union with more than $1.8 billion in assets and 130,000 members.

    March 27
  • CUJ content
    Firefighter Killed In Blast at Water & Power Community CU

    LOS ANGELES – One firefighter was killed and another was critically injured yesterday afternoon when an explosion rocked an intersection near Los Angeles International Airport and heavily damaged the Water and Power Community CU building.

    March 26
  • CUJ content
    Fairwinds CU Apologizes for Mistakenly Identifying Robbery Suspects

    ALTAMONTE SPRINGS, Fla. – Red-faced officials at Fairwinds CU apologized to two members who were mistakenly fingered as identity thieves by video surveillance tape at one of its ATMs.

    March 26
  • CUJ content
    Mayes County FCU Sues Ex-Employee Over Alleged $1.7 Million Theft

    PRYOR, Okla. – Mayes County FCU filed suit in state court claiming a former manager embezzled almost $1.7 million by creating phony deposits in the names of her family members.

    March 26
  • CUJ content
    MidWest America FCU Names New CEO

    FORT WAYNE, Ind. – MidWest America FCU yesterday said Charles Bitler will retire March 31, ending 37 years at the credit union–the last 13 as president and CEO.

    March 26
  • CUJ content
    Member One FCU’s Williams Retires as CU’s First and Only CEO

    ROANOKE, Va. – Member One FCU said its long-time president and CEO, Dick Williams–the only chief executive the 36-year-old credit union has ever had–is retiring today.

    March 26
  • CUJ content
    Workers’ CU Opens Its First Wal-Mart Branch

    LEOMINSTER, Mass. – Workers’ CU yesterday said it is opening a full-service branch in a new Wal-Mart store opening in May.

    March 26
  • CUJ content
    Delta Community CU Loses Bid to Supersize Its Sign

    ATLANTA – Citing a city ordinance, the city council here rejected a request from Delta Community CU to build a supersized sign to accommodate its new logo.

    March 26
  • CUJ content
    MEMBERS Trust Rolls Out Reverse Mortgages

    MADISON, Wis. – MEMBERS Trust Co. yesterday announced three large credit unions–Ent FCU, Visions FCU and GTE FCU–will offer their members a new reverse mortgage product through the CUSO.

    March 26
  • CUJ content
    St. Jean’s CU Has Revolving Door for This Robber

    LYNN, Mass. – The man who robbed St. Jean’s CU Monday is believed to be the same one who held up the credit union three other times since Feb. 7, including once last week.

    March 25
  • CUJ content
    Iron Mountain Kingsford Community FCU Mourns Chairman of 43 Years

    KINGSFORD, Mich. – Norbert “Bing” Emond, who served as a volunteer for Iron Mountain Kingsford Community FCU for 47 years, the last 43 as chairman of the board, passed away March 15 at 79.

    March 25
  • CUJ content
    Ingersoll-Rand FCU Names New CEO

    ATHENS, Penn. – Ingersoll-Rand FCU said it has promoted its chief financial officer, Michael Viselli, to be the new president and CEO of the $46 million credit union.

    March 25
  • CUJ content
    Heartland CU Offers Members Discounted LifeLocks

    INVER GROVE HEIGHTS, Minn. – Heartland CU yesterday said it has signed with LifeLock to provide its members with discounted identity theft prevention services.

    March 25
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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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