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Market Intelligence:
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Research
  • CUJ content
    Equifax Launches ARM Predictor

    ATLANTA – Credit bureau Equifax yesterday said it has introduced a new solution to help financial institutions determine the likelihood that a consumer has an adjustable rate mortgage.

    November 5
  • CUJ content
    WEPCO FCU Plans New Headquarters

    LaVALE, Md. – WEPCO is building a new office building here, which is expected to be completed early next year. Construction began July 23 and is expected to take 34 weeks. The 57-year-old credit union has almost $120 million in assets and 20,000 members.

    November 5
  • CUJ content
    GTE FCU Signs Outsource Collections Pact

    TAMPA, Fla. – GTE FCU yesterday announced it has contracted with Gila Corp. to collect its delinquent loans. Gila Group will handle the collection of delinquent mortgage loans 30-to-90 days behind on behalf of the $2.1 billion credit union. Gila is based in Austin, Texas.

    November 5
  • CUJ content
    Greylock FCU Offers Discounted Long-Term Care Insurance

    PITTSFIELD, Mass. – Greylock FCU said its Greylock Insurance Agency CUSO is partnering with Berkshire Life Insurance Co. of America to offer long-term care insurance at a 10% discount.

    November 5
  • CUJ content
    First Service FCU Buys Two Bank Branches

    ROVEPORT, Ohio – First Service FCU yesterday said it has purchased two former Sky Bank branch offices from Huntington Bancshares, which acquired Sky this year.

    November 5
  • CUJ content
    NCUA Shutters CU Start-Up

    ABINGTON, Penn. – NCUA yesterday said it liquidated Green Tree FCU–less than five years after its chartering by the Friends of Briar Bush, a nature conservancy started by the Quakers.

    November 5
  • CUJ content
    Losses Mounted at Failed Cal State 9 CU

    CONCORD, Calif. – State regulators hoped to cauterize the wounds at Cal State 9 CU but were forced to take it over Friday because of accelerating losses, especially in its mortgage portfolio.

    November 5
  • CUJ content
    The Teller Who Bankrupted a Credit Union

    NEW ALBANY, Ind. – Authorities have little hope of recovering any of the $7 million a teller stole from Obelisk FCU, forcing NCUA to liquidate the 70-year-old credit union earlier this year. That’s because the teller, Patricia Sherman, 49, gambled away the funds at riverboat casinos in southern Indiana, authorities said yesterday.

    November 5
  • CUJ content
    Auto Employees Finds New Home

    SANDY SPRINGS, Ga. - Fidelity FCU, a former GM employees credit union, has moved its offices here from nearby Atlanta and has converted to a community charter serving the city of Sandy Springs to make way for the closing of the General Motors plant.

    November 5
  • CUJ content
    CURIA COUNTER 135

    At press time, the number of co-sponsors on the CURIA bill. 217 are needed to have a majority. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

    November 5
  • CUJ content
    Interactive, Tracked Education Is Key To Success In Boosting Referrals For Investment Services

    PHOENIX - A two-year, dedicated effort to employee financial education has helped one of Desert Schools Federal Credit Union's CUSOs triple its referrals and profits.

    November 5
  • CUJ content
    Credit Union Journal Honors Award Winners

    WEST PALM BEACH, Fla. - Implementing ideas that are proven to work-that's what Credit Union Journal readers have told us they want.

    November 5
  • CUJ content
    Bull's Eye CU's Privilege Pay Program Is Right On Target With 161% Fee Income Boost

    WISCONSIN RAPIDS, Wis. - In the midst of extremely difficult times for its members and community-and the credit union itself-Bull's Eye CU was able to ramp up a service offering that both filled a real need for its members and helped drive new revenue for the credit union.

    November 5
  • CUJ content
    Worth Noting

    CUNA Councils Release Papers

    November 5
  • CUJ content
    NC League Launches Anti-Fraud CUSO

    GREENSBORO, N.C. - Advanced Fraud Solutions, the new Credit Union Service Organization owned and operated by the NC Credit Union League, provides plastic-card and counterfeit-check fraud detection programs. These software programs and consulting services are designed to catch fraud on the frontlines, saving financial institutions both money and time.

    November 5
  • Lending
    Loan Participation Program Allows ECCU To Help Members Build Faith

    BREA, Calif. - The $990-million Evangelical Christian Credit Union (ECCU) here has a long history of making loans to churches across America to build new houses of worship, schools or to expand existing facilities. For the last 20 years, ECCU has also included among its strategic goals serving its members' needs in commercial real estate.

    November 5
  • CUJ content
    Lots Of CUs Host Seminars, But Ent FCU's Recent 'Financial Expo' Boasted Attendance Of 500

    COLORADO SPRINGS, Colo. - Ent Federal Credit Union celebrated its 50th anniversary with a free "financial expo" for its members.

    November 5
  • CUJ content
    Calendar

    NOVEMBER

    November 5
  • CUJ content
    Leagues Team Up With Their States On Foreclosure Relief

    HARRISBURG, Penn. - Credit union leagues in two separate states are backing their respective governors' plans to help homeowners keep their homes out of foreclosure.

    November 5
  • Lending
    Tiny CU Dreams Big: Home Ownership For Its Members

    ALEXANDRIA, Va. - One tiny credit union has a big dream for its membership: home ownership.

    November 5
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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.

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