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  • Texas
    District Mulls Charging CUs for In-School Branches

    GALVESTON, Texas – In a case that could have ramifications for the spread of in-school credit union branches, public school trustees were discussing last night whether to charge rent to two credit unions that operate on school property.

    December 12
  • CUJ content
    Pennsylvania State Senate Approves Sale of Land for new SECU Headquarters<tab></tab>

    HARRISBURG, Pa. – The state Senate approved a bill yesterday that would allow the state to sell a 47-acre parcel of land in nearby Susquehana Township to State Employees CU for a new headquarters.

    December 12
  • CUJ content
    House Panel Passes NAFCU-Backed Bankruptcy Bill

    WASHINGTON – The House Judiciary Committee narrowly passed a bankruptcy reform bill yesterday which would allow bankruptcy court judges to restructure subprime mortgages under Chapter 13.

    December 12
  • CUJ content
    Court Rejects Challenge to NCUA Conversion Rules by Banker-Backed Group

    ALEXANDRIA, Va. – A federal court today dismissed a legal challenge to NCUA’s rules on credit union conversions to banks brought by a shadowing group apparently affiliated with banks.

    December 12
  • CUJ content
    Provident CU Hit by ‘Highway 101 Bandit’

    MENLO PARK, Calif. – A serial robber believed responsible for as many as a dozen hold-ups from San Diego to Petaluma struck again Monday, at the Provident CU branch here.

    December 11
  • CUJ content
    Whatcom Educational CU Donates for YWCA Renovations

    BELLINGHAM, Wash. – Whatcom CU said it has contributed $10,000 to help finance the renovations of the YWCA ballroom.

    December 11
  • CUJ content
    CEFCU Rewards Members With $6 Million Dividend

    PEORIA, Ill. – CEFCU said yesterday it paid its members a special dividend of $6 million.

    December 11
  • CUJ content
    SBI FCU Pays Members $1 Million Bonus

    PHILADELPHIA – SB1 FCU paid its members a special pre-holiday special dividend last week of more than $1 million.

    December 11
  • CUJ content
    Connex CU new Branch Rises From the Ashes

    NORTH HAVEN, Conn. – Connex CU opened a temporary branch Monday at the former Hamden Town Hall, to replace the nearby branch that was heavily damaged by a Nov. 18 fire and remains closed.

    December 11
  • CUJ content
    Navy FCU Sails Into New Port

    RICHMOND, Va. – Navy FCU, which has embarked on the most ambitious expansion ever for credit unions, opened its first branch in the Virginia capital, the $33-billion credit union’s 27th new branch so far this year.

    December 11
  • CUJ content
    Loan Officer Banned for $1.5 Million Fraud

    DETROIT – A former loan officer for Wyandotte CU, who was convicted of stealing $1.5 million for opening 413 phony loans he profited from, was barred from the credit union industry, NCUA said yesterday.

    December 11
  • CUJ content
    Cardtronics Shares Plunge After IPO

    HOUSTON – Shares in Cardtronics, the nation’s largest independent ATM operator, fell more than 11% yesterday after the company priced its initial public offering at $10, well below expectations.

    December 11
  • CUJ content
    NCUA Puts Off Sale of Norlarco CU

    ALEXANDRIA, Va. – NCUA said yesterday it has delayed the planned sale of the remnants of Norlarco CU to one of three Colorado credit unions, while it continues to wade through dozens of lawsuits brought by borrowers of the failed $320-million credit union.

    December 11
  • CUJ content
    Congress to Vote on NAFCU-Engineered Bankruptcy Bill Compromise

    WASHINGTON – The House Judiciary Committee is expected to vote this morning on a compromise bill that would exempt the vast majority of credit unions’ mortgages from a proposal to allow bankruptcy courts to restructure mortgages of troubled borrowers.

    December 11
  • CUJ content
    NAFCU Bids to Shield CUs from Mortgage Bankruptcy Bill

    WASHINGTON – Major parties have apparently worked out a compromise that would exempt the vast majority of credit union loans from legislation to allow bankruptcy judges to adjust the terms of troubled mortgages.

    December 11
  • CUJ content
    Randolph-Brooks FCU Signs Online Learning Pact

    UNIVERSAL CITY, Texas – Randolph-Brooks FCU said yesterday it has signed with Travitor Media to implement the company’s Enterprise Learning Management System.

    December 10
  • CUJ content
    Randolph-Brooks FCU Inks Online Learning Pact

    UNIVERSAL CITY, Texas – Randolph-Brooks FCU said yesterday it has signed with Travitor Media to implement the company’s Enterprise Learning Managament System.

    December 10
  • CUJ content
    First Future CU Awards $10,000 for Member Referrals

    SAN DIEGO –First Future CU awarded two families $5,000 each as part of their "Refer a Friend and Win" sweepstakes.

    December 10
  • CUJ content
    Oshkosh Truck CU Pays Interest Refund

    OSHKOSH, Wis. – Oshkosh Truck CU said yesterday it is refunding 8% of the total interest paid on loans for most of the year.

    December 10
  • CUJ content
    Food Fight Unites Credit Unions and Banks

    TROY, Mich. – Area credit unions and banks are teaming up to fill the local food pantries, which are reporting a major shortfall in supplies this holiday season.

    December 10
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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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