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Market Intelligence:
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  • Corporate philanthropy
    How a Wisconsin credit card program is changing lives around the world

    The "Global Good Card" from Summit Credit Union has donated nearly $12,000 to the Worldwide Foundation for Credit Unions, and one person leading the charge says the program can easily be exported to other CUs.

    By Palash Ghosh
    April 6
    Kim Sponem, Summit CU
  • Dear Congress: We can't wait on reg relief

    Small financial institutions are eager to see the Senate’s reform bill signed into law, but House efforts to amend the legislation risk stalling the effort.

    April 6
    Jim Nussle
    Jim Nussle
    America's Credit Unions
  • Integrations
    Dugway Federal Credit Union merges into Mountain America

    The $2.9 million-asset Dugway Federal Credit Union served fewer than 700 members.

    By Palash Ghosh
    April 6
    Sterling Nielsen, Mountain America Credit Union
  • Lending
    Michigan’s Genisys Credit Union reaches $1.5 billion in loans

    The Auburn Hills, Mich.-based credit union serves 200,000 members with more than $2.3 billion in assets.

    By Nathan DiCamillo
    April 6
    Jackie Buchanan, president and CEO of Genisys Credit Union
  • Growth strategies
    Workers CU gives back $3.6M to members

    This is the fourth consecutive year the Mass.-based credit union has returned a dividend to members.

    By Palash Ghosh
    April 6
    Doug Petersen, Workers CU
  • ADA
    As more ADA suits dismissed, are plaintiffs’ lawyers changing tactics?

    Credit unions have seen a slew of legal victories in lawsuits claiming CUs' websites violated the Americans with Disabilities Act, but there are fears attorneys pursuing those cases may be changing their strategy.

    By Michael Bartlett
    April 5
    Leah Dempsey, senior director of advocacy and council at the Credit Union National Association
  • Field of membership
    NCUA’s Metsger hammers federal judge’s field-of-membership ruling

    National Credit Union Administration board member Rick Metsger says a federal judge overstepped the court's bounds when striking down portions of the agency's field-of-membership rule, but stopped short of saying the regulator planned to appeal the decision.

    John Reosti Author Image
    By John Reosti
    Reporter
    April 5
    NCUA board member Rick Metsger addressing the 2017 CU Directors and CEOs conference in Las Vegas.
  • Growth strategies
    CU Association of the Dakotas hands out $10K in member rebates

    The rebates are part of the league's "Member Engagement Rewards Program."

    By Palash Ghosh
    April 5
    Jeff Olson. president and CEO of the CU Association of the Dakotas
  • Growth strategies
    CU's internship program gets results — and a nod from Ben Carson

    A "three-pronged" internship and management program at HUD Federal Credit Union is helping professionals across all stages of their careers, and the initiative has garnered notice from HUD Secretary Dr. Ben Carson.

    By Palash Ghosh
    April 5
    HUD Secretary Dr. Ben Carson shakes hands with HUD Federal Credit Union intern DeAndre Watson during a visit to the credit union.
  • Core conversions
    Pennsylvania credit union signs with Sharetec System for core processing

    Latrobe Area Hospital Federal Credit Union chose the new provider to improve its member-facing technology, and save both time and money.

    April 5
    Dan Miller, Sharetec System
  • M&A
    Allied Trades Credit Union says UNCLE

    UNCLE Credit Union is continuing its expansion into the Stockton, Calif., market via merger with Allied Trades CU.

    By Michael Bartlett
    April 5
    Harold Roundtree, president and CEO of UNCLE CU, is leading the credit union's second merger in Stockton, Calif.
  • M&A
    Similarly sized Maine credit unions merge

    The $63 million-asset Taconnet Federal Credit Union ha merged with $94 million-asset New Dimensions Credit Union

    By Nathan DiCamillo
    April 5
    Ryan Poulin, New Dimensions Credit Union CEO
  • Succession planning
    Franklin Mint FCU elevates EVP to top job after CEO's death

    Michael B. Magnavita will take the helm at the Chadds Ford, Pa.-based credit union following the death earlier this year of CEO John D. Unangst.

    By Palash Ghosh
    April 4
    Michael B. Magnavita, Franklin Mint FCU
  • Growth strategies
    Here comes the sun: Credit unions in the community

    From renewing efforts to promote solar energy to making donations to fight cancer and benefit Children's Miracle Network Hospitals and more, here's how credit unions are giving back to the communities they serve.

    By Michael Bartlett
    April 4
    SECU 031618.jpg
  • Integrations
    Connecticut credit unions set for merger

    CorePlus Federal Credit Union will acquire Connecticut Community CU in a merger expected to close later this year, pending regulatory and member approval.

    By Palash Ghosh
    April 4
    The CorePlus Federal Credit Union board of directors. Front row: Selma Ward, Madelyn Lyman, Elizabeth Mrouse, Robert Trinque (Board Chairman) Back row: Raymond Currier (EVP/COO), Bill Poirier, James Marks, Louis Fusaro, Sr., Gideon Loewenstein, David Moorehead, Nicholas Fortson (President & CEO)
  • Integrations
    Hingham FCU completes merger into Liberty Bay Credit Union

    While the merger was legally completed nealry a year ago, it was not until recently that the process of integrating the two institutions' technology was wrapped up.

    By Michael Bartlett
    April 4
    The former Hingham Federal Credit Union office in Hingham, Mass., shows off its new Liberty Bay Credit Union signage.
  • Generation Z
    How some credit unions are working to attract and retain Gen Z members

    A generation that has never known a world without cell phones or the internet – in other words, those born in the year 2000 or later – is driving credit unions to redefine traditional approaches to banking, technology, communication and more.

    By W.B. King
    April 4
    Gen Z banking preferences - CUJ 040318.jpeg
  • Growth strategies
    Under attack from banker, University of Iowa Community CU defends name

    A University of Iowa regent who questioned the credit union's relationship with the university is part-owner of a local bank.

    By Michael Bartlett
    April 3
    Jeff Disterhoft, president and CEO of University of Iowa Community Credit Union
  • Recruiting
    Service and security take center stage with key promotions

    A trio of operations executives move up the ladder at Golden 1, new inductees to Hall of Leaders and more new hires, promotions and special recognition.

    By Palash Ghosh
    April 3
    ops.jpg
  • Integrations
    Texas Trust Credit Union closes merger with Qualtrust CU

    The Arlington, Texas-based credit union now has more than $1.2 billionin assets and serves more than 114,000 members. The merger was first announced last spring.

    By Palash Ghosh
    April 3
    Jim Minge, Texas Trust
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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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