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Market Intelligence:
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Industry Data
  • ADA
    NAFCU files second ADA-related brief supporting Pa. credit union

    As credit unions continue to defend themselves against lawsuits claiming their websites aren't ADA-compliant, the trades are scrambling to offer their support.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 10
    States with CUs facing ADA suits - CUJ 031518.jpeg
  • Partnership agreement
    Coastal CU enters multi-pronged sports and entertainment partnership

    The North Carolina-based credit union has partnered with two local soccer teams and a minor league baseball club, along with a realty corporation that runs an outdoor entertainment venue.

    By Palash Ghosh
    May 10
    Chuck Purvi is president and CEO of Coastal FCU
  • Financial reporting
    Q1 net income up 29% year-over-year at Altura Credit Union

    The California-based credit union says membership saw ‘solid’ growth in the first quarter of 2018.

    By Michael Bartlett
    May 10
    Jennifer Binkley took over as president and CEO of Altura CU on Feb. 20, 2017.
  • Fraud detection
    CO-OP unveils COOPER to help credit unions fight fraud

    The initiative was rolled out during CO-OP's annual THINK Confernece, taking place this week in Chandler, Ariz.

    By Palash Ghosh
    May 9
    Todd Clark, CO-OP Financial Services
  • Technology
    Day One of CO-OP’s THINK Conference means big talk of big data

    From AI's impact on how we live to leadership lessons from an Olympian, making the most of analytics and more, here's a look inside the 2018 THINK Conference.

    By Michael Bartlett
    May 9
    Welcome sign - CO-OP THINK 18 - CUJ 050918.JPG
  • Growth strategies
    Recognizing local nonprofits: Credit unions in the community

    From Boys & Girls Clubs to food pantries, Honor Flights and more, here's how credit unions are helping other organizations that give back to their communities.

    By Michael Bartlett
    May 9
    Alaksa USA 041318.jpg
  • Auto lending
    GrooveCar reports higher online engagement for partner credit unions

    The New York-based firm said it now reaches 4.3 million members, a 58 percent increase over the previous year.

    By Palash Ghosh
    May 9
    Eric Budzinski, GrooveCar Inc.
  • Fraud
    Municipal CU CEO charged with multitude of financial crimes

    Kam Wong, chief executive at the high-profile, $2.9 billion credit union that serves the NYPD, among other municipal workers, has been charged with fraud.

    By Palash Ghosh
    May 8
    Kam Wong, former president and CEO of Municipal Credit Union. Wong pleaded guilty to charges of embezzlement on Nov. 19, 2019.
  • Integrations
    In Michigan, Credit Union ONE acquires Hantz Bank

    The deal, which still requires regulatory approval, will give Credit Union ONE about $1.4 billion in assets and 26 branch locations throughout the state.

    By Palash Ghosh
    May 8
    Gary Moody, president and CEO of Credit Union ONE in Ferndale, Mich
  • Cyber attacks
    Verizon report raises big data security concerns for credit unions

    Among the findings, credit unions may not be doing enough to protect against malware, which involved in nearly 40 percent of hacking incidents, as well as Trojan botnets and denial of service attacks.

    By W.B. King
    May 8
    Verizon security report - CUJ 050818.jpeg
  • Succession planning
    Kirtland FCU drops interim tag from CEO’s title

    President and CEO Tom Shoemaker has been interim CEO since October 2017.

    By Palash Ghosh
    May 8
    Tom Shoemaker, Kirtland FCU
  • Succession planning
    Downs steps down at Crane Credit Union, successor in place

    The 29-year credit union veteran oversaw a number of big changes and milestones during his tenure, including growing assets from $48 million to $558 million.

    freeman-lisa-2016-250.jpg
    By Lisa Freeman
    Former Editor in Chief
    May 8
    Retirement party for Bob Downs, CEO at Crane Credit Union in Odon, Ind. Pictured above, from left to right, are: David Frye, director; Kenny Greenwell, director; Gary Gray, chairman of the board; Bob Downs, Crane Credit Union outgoing president/CEO; Kevin Sparks, current Crane Credit Union president/CEO; Dale Padgett, director; and Bruce Cummings, director.
  • Succession planning
    Campus Federal Credit Union CEO announces retirement

    Dawn Harris has been with the Baton Rouge, La.-based credit union since 1983.

    By Palash Ghosh
    May 8
    Dawn Harris, Campus FCU
  • Savings accounts
    Wisconsin debuts prize-linked savings for credit unions

    The Saver's Sweepstakes program was developed with the help of the Minnesota Credit Union Network, which runs a similar initiative.

    By Palash Ghosh
    May 7
    Brett Thompson , Wisconsin Credit Union League
  • Compliance
    Credit union execs’ top compliance headaches

    There are plenty to choose from, including ADA lawsuits, taxation, field of membership and more.

    By Michael Bartlett
    May 7
    Sleepless - CUJ 050718.jpg
  • Growth strategies
    Giving back to veterans: Credit unions in the community

    From initiatives that thank veterans for their service to financial education for students and more, here's another look at how credit unions are making a difference in the communities they serve.

    By Michael Bartlett
    May 7
    Del One 041318.jpg
  • Housing markets
    As housing confidence hits high, fewer are positive about buying

    Housing confidence hit an all-time high as more consumers report it's a good time to sell, while also anticipating a rise in home prices but a drop in mortgage rates, according to Fannie Mae.

    Tarkazikis-Elina.jpg
    By Elina Tarkazikis
    Reporter
    May 7
    Home buying confidence
  • Tax exemptions
    Credit unions prevail in Iowa tax fight

    Iowa lawmakers have reached a compromise on tax reform that preserves credit unions' tax status in the Hawkeye State.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 6
    Credit union supporters gathered at the Iowa state capitol in Des Moines on March 7, 2018, to protest a bill that would impose taxes on the state's CUs.
  • Workplace culture
    The Force is with them: Credit unions celebrate 'Star Wars Day' 2018

    Rather than heading off to a galaxy far, far away, credit union members and employees from all over got into the spirit of "Star Wars Day" once again this year. May the Fourth be with you!

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 4
    Honor CU - Star Wars day 2018 - CUJ 050418.jpg
  • M&A
    Tiny Agassiz Federal Credit Union merges into First Community CU

    The Minnesota CU is now part of a nearly $800 million-asset institution and will increase the number of products and services available to members.

    By Palash Ghosh
    May 4
    Steve Schmitz, First Community CU
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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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© 2026 Arizent. All rights reserved.