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Market Intelligence:
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  • CUJ content
    Neighbors 1st FCU’s CEO Retires After 27 Years

    WAYNESBORO, Penn. – Patricia Shew, the president and CEO of Neighbors 1st FCU, is retiring Friday after 27 years with the credit union.

    February 26
  • CUJ content
    Patelco CU Joins CDCU For Low-Income Mission

    SAN FRANCISCO – Patelco CU yesterday said it is opening a new shared branch in conjunction with Mission SF FCU in the center of the low-income Mission District.

    February 26
  • CUJ content
    Losers Among Credit Unions Grew in 2007

    ALEXANDRIA, Va. – The number of credit unions that reported fiscal losses last year rose to a high of 1,011, according to NCUA.

    February 26
  • CUJ content
    Fourth-Quarter Earnings at Banks Fall to 16-Year Low

    WASHINGTON – Earnings at U.S. banks and thrifts plummeted almost 84% for the fourth quarter to a 16-year low of $5.8 billion, as banks and thrifts moved billions of dollars of additional funds into their provisions for loan losses.

    February 26
  • CUJ content
    NCUA Eyes Executive Compensation

    ALEXANDRIA, Va. – Federally chartered credit unions would be required to report the annual compensation of their senior executives to members under a proposal issued by NCUA yesterday.

    February 26
  • CUJ content
    Navy FCU Lands On Base With Two More Branches

    SAN FRANCISCO – Navy FCU has acquired two on-base branches north of here from 1st United Services CU, as the credit union giant continues to grow its branch network by leaps and bounds.

    February 26
  • CUJ content
    Thieves Drag ATM From San Diego County CU Kiosk

    ENCINITAS, Calif. – Police are searching for thieves who pulled a San Diego County CU ATM out of its kiosk and dragged it across the parking lot before breaking into it and making off with the cash.

    February 25
  • CUJ content
    Police Hunt For $300,000 Missing From Their CU

    HOUSTON – Police are offering a $25,000 reward for information leading to the arrest of one or more thieves who stole as much as $200,000 from Houston Police FCU.

    February 25
  • CUJ content
    Merrimack Valley FCU Adopts Local Preschoolers

    NORTH ANDOVER, Mass. – Employees of Merrimack Valley FCU have adopted a group of preschoolers at the Hennessey School in adjacent Lawrence.

    February 25
  • CUJ content
    NET FCU Pays Members Bounty for New SEG Referrals

    SCRANTON, Penn. – NET FCU is paying members who help it add select employee groups.

    February 25
  • CUJ content
    Westerra CU’s Ex-Home to Become City Hall

    CENTENNIAL, Colo. – The administration for this seven-year-old city of 100,000 people that was built around the new Denver International Airport has found a new home in the old home of Westerra CU.

    February 25
  • CUJ content
    Public Service CU Volunteer Ends 50 Years on Board

    DEARBORN, Mich. – John Breen, one of the founders of Wayne County Employees CU, retired from the board of the credit union, now known as Public Service CU, after 50 years of volunteer service.

    February 25
  • CUJ content
    Conversion to Bank Charter Causes Wrong Buzz

    REXBURG, Idaho – The buzz over the planned conversion to a bank charter by a Utah-based credit union has caught another credit union with the same name in a bees hive.

    February 25
  • CUJ content
    Desert Schools FCU Counter-Intuitively Expands Commercial Real Estate

    PHOENIX – Desert Schools FCU yesterday said it is increasing its commercial real estate business–at a time when most other lenders are pulling back.

    February 25
  • CUJ content
    CO-OP Adds Florida Walgreens to ATM Network

    RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced an expansion of its ATM network to include 631 ATMs in Florida Walgreens pharmacies.

    February 25
  • CUJ content
    Visa Sets Value on Credit Union Class B Shares

    SAN FRANCISCO – Visa Inc. yesterday set a projected value on its shares in its planned initial offering, including the Class B shares that will be apportioned to credit union and bank owners of Visa.

    February 25
  • CUJ content
    Elevations CU Raises Seventh Branch

    BROOMFIELD, Colo. – Elevations CU, based in nearby Boulder, yesterday opened its newest branch in the Sheridan Crossing shopping center here, its seventh location in the area.

    February 25
  • CUJ content
    Delta Community CU Lands 10th Branch

    ATLANTA – Delta Community CU, a one-time airline credit union, plans to open a new branch in the suburb of Newnan, the $2.6 billion credit union’s 10th branch.

    February 25
  • CUJ content
    Boston Suburb Would Stem Proliferation of Branches

    BELMONT, Mass. – A proposed zoning amendment would make it much more difficult, if not impossible, for credit unions and banks to open a new branch in this Boston suburb–one of the last to abandon a ban on liquor sales.

    February 25
  • CUJ content
    The History Of Leap Year

    ROME–It’s doubtful if many people during the heady days of the Roman Empire could have foreseen the economic impact that adding an extra day to the calendar every four years would create.

    February 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.

ABM1025_Cover.jpg

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