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Market Intelligence:
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  • CUJ content
    Cornerstone Community FCU Pays Members $488,000

    LOCKPORT, N.Y. – Cornerstone Community FCU said it will pay its members a bonus dividend for the fourth quarter of $488,000.

    January 9
  • CUJ content
    CU Member Nets $56,000 Bonus Dividend

    LAS VEGAS – In this city of big winnings, one member of Clark County CU hit the jackpot Tuesday–a $56,000 share of the credit union’s annual bonus dividend/interest rebate.

    January 9
  • CUJ content
    Leader Jailed in $335,000 Counterfeit Deposit Scheme

    DALLAS – The ringleader of a phony deposit scam that drained as much as $245,000 from then-credit union Community CU on Monday was sentenced to almost four years in prison.

    January 8
  • CUJ content
    NARFE Premier FCU Signs with LifeLock

    ALEXANDRIA, Va. – NARFE Premier FCU yesterday said it has contracted with LifeLock to provide its members with a discounted rate for the company’s identity theft services, including a credit freeze.

    January 8
  • CUJ content
    CEFCU Signs With Extractable for Web-Strategy Advice

    PEORIA, Ill. – CEFCU, the credit union giant formerly known as Citizens Equity FCU, said it has signed with Extractable, a Foster City, Calif., provider of online marketing and design advice.

    January 8
  • CUJ content
    GPO FCU Pays Back Members $300,000

    NEW HARTFORD, Conn. – GPO FCU yesterday announced it paid its members a 5% dividend bonus and 4% interest rebate.

    January 8
  • Texas
    Teller Stages Bomb Hoax to Cover Up Embezzlement

    AUSTIN, Texas – Police evacuated a branch of LCRA CU yesterday morning after a teller called in a phony bomb threat to cover up his theft.

    January 8
  • CUJ content
    Banker-Led Bill Prompts Another Missouri CU to Flee State Charter

    ST. LOUIS – Gateway Metro CU, one of Missouri’s largest state chartered credit unions, yesterday said it has fled the state charter in light of a new banker-forced law that restricts community fields of membership.

    January 8
  • CUJ content
    Fiserv Joins Viewpointe Image Exchange

    NEW YORK – Viewpointe LLC, one of the three leading check-image networks, yesterday said Fiserv, the nation’s third-largest check processor, has joined as a user of its image archives.

    January 8
  • CUJ content
    Countrywide Shares Plummet on Bankruptcy Rumors

    CALABASAS, Calif. – Shares of Countrywide Financial Corp., the nation's largest mortgage lender, plunged yesterday after the company denied rumors that it was planning to file for bankruptcy protection.

    January 8
  • CUJ content
    PHH Gets $50 Million Consolation Prize for Failed Takeover

    MOUNT LAUREL, N.J. – PHH Corp. said it received $50 million from private equity fund the Blackstone Group as a break-up fee for the failed takeover of the largest mortgage bank for credit unions.

    January 8
  • CUJ content
    PSCU Financial Launches Mobile Banking

    ST. PETERSBURG, Fla. – PSCU Financial Services yesterday announced it has signed with mFoundry to offer the company’s mobile banking and payment services to credit unions and their members.

    January 8
  • CUJ content
    North Island CU’s Interactive Artwork Brings San Diego Alive

    SAN DIEGO – An interactive ad based on North Island CU’s “Island Paradise” theme is proving a popular diversion, allowing shoppers, theatre-goers and others to view some of San Diego’s most popular sites at the touch of a finger.

    January 8
  • CUJ content
    Suspect Charged with Identity Theft at Three CUs

    ELMONT, N.Y. – A local man was charged with using stolen identities and personal information of several individuals to obtain consumer loans of $86,000 from Bethpage FCU, Nassau Financial CU and Nassau Educators FCU.

    January 7
  • CUJ content
    Orange County’s CU Chooses TFactor’s KnowledgePortal360 for Online Learning

    SANTA ANA, Calif. – Orange County’s CU said it has signed with TFactor to implement the company’s KnowledgePortal360 learning management system to teach sales and service representatives.

    January 7
  • CUJ content
    Virginia Wilson Ends 31 Years as Hudson Heritage FCU CEO

    NEWBURGH, N.Y. – Virginia Wilson retired as CEO of Hudson Heritage FCU last week after 31 years at the helm.

    January 7
  • CUJ content
    Pennsylvania CU Giants Join CO-OP Network

    MECHANICSBURG, Penn. – Members 1st FCU and Citadel FCU, the third- and fourth-largest credit unions in the Keystone State, have joined the CO-OP Network, the credit union-owned network announced yesterday.

    January 7
  • CUJ content
    Happy Birthday HR 1151

    WEST PALM BEACH, Fla. – With the 10-year anniversary of HR 1151 rapidly approaching, the Credit Union Journal is seeking readers’ recollections of the battle to get the landmark bill, known as the Credit Union Membership Access Act, passed and signed into law.

    January 7
  • CUJ content
    Statewide FCU Members Get Bonus Payout

    FLOWOOD, Miss. – Statewide FCU paid its members a bonus dividend of 2% on all member regular share accounts for December.

    January 7
  • CUJ content
    Scott CU Gives Back $240,000 to Members

    COLLINSVILLE, Ill. – Members of Scott CU received a New Year’s treat last week with a bonus dividend and loan interest rebate totaling $240,000.

    January 7
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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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