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Market Intelligence:
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  • CUJ content
    Dynamic Card Solutions Launches Contactless Card Capability

    ENGLEWOOD, Colo. – Dynamic Card Solutions, provider of the CardWizard instant card issuance device, yesterday said it has upgraded the software to allow credit unions and banks to issue contactless cards.

    February 19
  • CUJ content
    FOCUS of CDCU Trial on Affiliated Loan Fund

    SPRINGFIELD, Mass. – Federal prosecutors yesterday moved to limit the testimony of the attorney who represented former CDCU figurehead Carol Aranjo in her battles with NCUA during Aranjo’s trial for fraud in the collapse of once-prominent CDCU D. Edward Wells FCU.

    February 19
  • CUJ content
    Dow Chemical Employees’ CU Cycles Community Service

    MIDLAND, Mich. – Employees of Dow Chemical Employees’ CU spent their Presidents’ Day holiday working to build bicycles for boys and girls 7 to 11.

    February 19
  • CUJ content
    Arrowhead CU Opens In-Store Stater Bros. Branch

    FONTANA, Calif. – Arrowhead CU last week celebrated the opening of its 27th branch in a prominent location inside the State Bros. store just off Interstate 15.

    February 19
  • CUJ content
    Affinity FCU Integrates Check 21 Systems Through XP Systems

    BASKING RIDGE, N.J. – Affinity FCU yesterday said it has implemented Integrated Media Management’s Check 21 solution through its XP Systems core processing system, XP2.

    February 19
  • CUJ content
    TruWest to Build New Home

    TEMPE, Ariz. – TruWest CU, the state’s fifth-largest credit union, yesterday announced it is moving to nearby Chandler, where its is building a new corporate headquarters.

    February 19
  • CUJ content
    Pentagon FCU Adds Fiserv Image-Enabled Mortgage Processing

    ALEXANDRIA, Va. – Pentagon FCU yesterday announced it has signed with Fiserv to implement the company’s Nautilus Enterprise Content Management system to provide its growing mortgage operations with image capabilities.

    February 19
  • CUJ content
    Xerox FCU Hopes to Succeed as Xceed FCU

    EL SEGUNDO, Calif. – From the person who brought the credit union movement one of the largest re-branding efforts comes another new name: the relaunch of Xerox FCU as Xceed FCU.

    February 19
  • CUJ content
    $195,000 Armored Car Heist Was Inside Job

    EAST ST. LOUIS, Ill. – A former security service employee on Friday pleaded guilty to helping plan the robbery of $195,000 last July 26 from his company’s armored car while it was making a cash delivery at Olin Community CU in nearby Alton.

    February 19
  • CUJ content
    ASI FCU Offers ‘Safe’ Accounts to Immigrants

    NEW ORLEANS – ASI FCU is planning to open the region’s first bilingual branch here this summer and will offer the region’s immigrants a "safe" account that will provide access to their funds by family in their home countries.

    February 18
  • Texas
    Houston FCU Buys Shared Branches

    SUGARLAND, Texas – Houston FCU has purchased the three Texas CU Service Centers in the greater Houston area.

    February 18
  • CUJ content
    Fairwinds CU's NBA Sponsorship Deal is Magic

    ORLANDO, Fla. – Fairwinds CU is the latest financial institution to be a corporate sponsor of the National Basketball Association’s Orlando Magic.

    February 18
  • CUJ content
    North Carolina State Employees CU Adds Talking ATMs

    RALEIGH, N.C. – State Employees CU said last week it has upgraded its industry-leading fleet of 975 ATMs with voice guidance technology to aid its visually impaired members.

    February 18
  • CUJ content
    Three Charged in ATM-Deposit Scam

    FT. MYERS, Fla. – Three members of Suncoast Schools FCU were charged Friday with a check fraud that used deposit-taking ATMs to steal more than $90,000 from the credit union.

    February 18
  • CUJ content
    New York’s Finest Seek CU Charter

    NEW YORK – Police from Chicago, Washington, D.C. and Delaware have joined forces to assist in chartering a credit union to serve the New York City Police Department.

    February 18
  • CUJ content
    Centrix CUs Get Fraud Suit Moved Out of Bankruptcy Court

    DENVER – In a move that could delay resolution of the Centrix Financial bankruptcy case, several credit unions with multi-million dollar claims against the subprime auto lender succeeded last week in getting fraud charges filed against them by a Centrix insurer moved out of the bankruptcy court and into U.S. District Court.

    February 18
  • CUJ content
    Affinity FCU Members Plan Debt Reduction With Stimulus Rebates

    BASKING RIDGE, N.J. – The majority of Affinity FCU members surveyed in a recent poll said that debt reduction will be their top priority when they receive the government checks as part of the recently passed stimulus package.

    February 18
  • CUJ content
    Credit Crunch Goes to College

    WASHINGTON – Senior members of the House Financial Services Committee called on Treasury Secretary Henry Paulson to help inject liquidity in the student loan market just as the liquidity crisis appears to be seizing up the secondary market for student loans.

    February 18
  • CUJ content
    Disgruntled Members Seek Board Ouster at Failed CU Convert

    ODESSA, Texas – Members fighting the conversion of First Basin CU to mutual savings bank say they will seek the recall of the directors of the $110 million credit union after they terminated their efforts to switch to a bank charter.

    February 18
  • CUJ content
    People

    Georgia Central CU, Duluth, named Amanda Harrell assistant vice president/controller.

    February 18
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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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