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Market Intelligence:
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  • Tax reform
    How other nations treat credit unions' tax status

    Long considered a political third rail in the U.S., the movement's tax exemption is taking some heat. Here's a sampling of how other countries have handled this debate.

    By Palash Ghosh
    April 24
    AB_Map.jpg
  • Tax exemptions
    Does McWatters’ response to Hatch put tax issue to bed? Bankers say no

    NCUA Chairman Mark McWatters has responded to a controversial letter from U.S. Sen. Orrin Hatch questioning the credit union tax exemption.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    April 24
    U.S. Sen. Orrin Hatch
  • Collaboration
    CUs of opposite sizes form partnership to share best practices

    A pair of credit unions in North Carolina and Florida – separated by nearly $2 billion in assets – have formed an alliance to share advice, support, best practices and innovations.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    April 24
    Maurice Smith, CEO of Local Government Federal Credit Union
  • CUSOs
    Two more credit unions sign with myCUmortgage

    The two credit unions have combined assets of more than $115 million and serve nearly 16,000 members.

    By Palash Ghosh
    April 24
    Tim Mislansky is president, CEO of myCUmortgage,
  • Growth strategies
    Sponsorships and celebrations: Credit unions in the community

    Another look at how credit unions are giving back to the communities they serve.

    By Michael Bartlett
    April 23
    TruMark 040618.jpg
  • NCUA could teach credit union trade groups about tolerance, respect

    As CUNA and NAFCU face off in a war of words, their CEOs could learn a thing or two from the heads of the National Credit Union Administration, who work side-by-side productively, despite differing political views.

    April 23
    Michael Fryzel
    Michael Fryzel
  • Succession planning
    Jim Hanisch named president of CO-OP Network

    Hanisch joined CO-OP in 2000 and has been chief operating officer since April 2017.

    By Palash Ghosh
    April 23
    Jim Hanisch, CO-OP Network
  • Community banking
    Wisconsin credit union buys Indiana bank's branches

    Old National Bancorp in Indiana plans to sell 10 branches to Marine Credit Union, expanding the credit union's reach.

    By Hilary Burns
    April 23
    branch-closed.jpeg
  • Lending
    Coastal Credit Union outlines 2017 growth

    The North Carolina-based credit union has released a report on its 2017 growth figures, including 5.1 percent member growth and loan growth of more than $300 million.

    By Palash Ghosh
    April 23
    COASTAL CU 2017 results - CUJ 042318.jpeg
  • Financial crimes
    Former North Carolina credit union CEO charged with fraud, embezzlement

    A federal grand jury in Charlotte, N.C., has indicted a former credit union CEO with fraud in connection with the U.S. government's Troubled Asset Relief Program.

    By Palash Ghosh
    April 20
    gavel-fotolia.jpg
  • Growth strategies
    Jump for joy: Credit unions in the community

    Philanthropy, tech donations, giving back to homeless veterans and other ways credit unions are giving back in their communities.

    By Michael Bartlett
    April 20
    Vibrant 040618.jpg
  • Mobile banking
    Fiserv, SISCOOP team up for digital banking at Mexican credit unions

    More than two dozen Mexican credit unions will not be able to offer digital banking services.

    By Palash Ghosh
    April 20
    A Caja Popular Mexicana branch in Huanímaro, Guanajuato, Mexico. , Caja Popular Mexicana is the largest credit union in Mexico and one of the largest in Latin America
  • Auto lending
    Eight more credit unions sign on for AFG's balloon lending program

    The eight credit unions represent a “reach increase” of nearly 7 million consumers and combined assets of over $1.7 billion.

    By Palash Ghosh
    April 20
    Richard Epley, AFG
  • Field of membership
    NCUA indicates possible field-of-membership appeal in court filing

    Recently filed court documents give the clearest sign yet that the National Credit Union Administration is considering appealing a controversial court decision on the regulator's revised field-of-membership rule.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    April 20
    ncua 2
  • Succession planning
    Great Lakes Credit Union names new president/CEO

    Steven Bugg is set to take the top job at the Illinois-based credit union.

    By Palash Ghosh
    April 20
    Steven J. Bugg , Great Lakes CU
  • Risk management
    Fed official resists taking sides between gun control, FIs

    Randal Quarles found himself in the middle of an issue that typically doesn't fall under a banking regulator's purview.

    John Heltman
    By John Heltman
    Washington Bureau Chief
    April 19
    Fed Vice Chairman of Banking Supervision Randal Quarles
  • Financial institutions need to be worried about Facebook's data-sharing debacle

    Banks and credit unions are sharing more information with third parties these days, but they need to be cautious about it.

    April 19
    Paul Schaus
    Paul Schaus
    CCG Catalyst
  • Stress tests
    NCUA board approves relief from stress test burdens, ad requirements

    As NCUA amended at 2014 regulation on capital planning and stress testing, the two-person committee also marked 24 months of operating with a vacant seat on the board, commending one another for a productive working relationship.

    John Reosti Author Image
    By John Reosti
    Reporter
    April 19
    Mark McWatters Rick Metsger NCUA Board
  • Succession planning
    CO-OP says goodbye to Shazia Manus, issues $30M dividend

    The former TMG CEO will leave CO-OP this month to join CUNA Mutual Group's AdvantEdge Analytics.

    By Palash Ghosh
    April 19
    Shazia Manus, chief strategy & business development officer, CUNA Mutual Group’s AdvantEdge Analytics
  • Growth strategies
    Shared Services for Credit Unions pays $736,000 rebate for 2017

    The Florida-based credit union service organization's 2017 dividend was nearly 20% higher than what it paid out for 2016.

    By Palash Ghosh
    April 18
    Allan Prindle, chairman of Shared Services for Credit Unions
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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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