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Market Intelligence:
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  • Field of membership
    Bipartisan bill would allow more credit unions to add underserved areas

    U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.

    By Ian McKendry
    Reporter
    December 15
    U.S. Rep. Gwen Moore, D-Wisc.
  • Compliance
    NCUA conserves Louisville Metro Police Officers CU

    The credit union was conserved in order for the regulator to help "correct operational weaknesses."

    By Palash Ghosh
    December 15
    ncua-seal-cuj-121117.JPG
  • C-suite
    Clackamas Federal Credit Union announces CEO's retirement, successor

    Mary Greco will retire in January after a 38-year career in the credit union movement. She will be succeeded by Aaron Goff, former CEO of Greater KC Public Safety CU.

    By Nathan DiCamillo
    December 15
    Mary Greco, retiring CEO of Clackamas Federal Credit Union
  • Core conversions
    Fire Police City County FCU to convert to CU*BASE core system

    The Indiana-based credit union is scheduled for a Sept. 2018 core conversion.

    By Palash Ghosh
    December 15
    Scott Collins, CU*Answers
  • Regulatory guidance
    NCUA to shutter OSCUI, reorganize small credit union resources

    The NCUA board on Thursday also amended a rule regarding emergency mergers for credit unions.

    By Nathan DiCamillo
    December 15
    ncua 2
  • Growth strategies
    Desert Schools FCU rebrands as Desert Financial Credit Union

    The switch was prompted by misperceptions that only students and teachers could join.

    By Michael Bartlett
    December 15
    Jeff Meshey
  • Recruiting
    EVP prepares for her next role and more CU pros in the news

    Certification program is aimed at executives looking to forward their careers in the credit union industry.

    December 14
    baton intro.jpg
  • Integrations
    Tiny Dekalb County Credit Union to merge into Vibrant CU

    Dekalb County Credit Union has just $6 million in assets -- approximately the same amount that Vibrant earned in net income last year.

    By Palash Ghosh
    December 14
    Matt McCombs, Vibrant CU
  • Corporate credit unions
    Corporate One FCU switches to Payveris MoveMoney platform

    The move will impact more than 800 credit unions.

    By Nathan DiCamillo
    December 14
    Lee C. Butke, Corporate One
  • Litigation
    CUNA files amicus brief supporting Mulvaney at CFPB

    The trade association argues that the Consumer Financial Protection Act contains no language regarding vacancies or resignations

    By Nathan DiCamillo
    December 13
    Mick Mulvaney, acting CFPB director.
  • Credit unions
    NCUA’s Q3 data: Strong gains for most, despite 202 fewer CUs

    The latest data from the federal regulator reveals positive gains across a variety of metrics, but industry consolidation continues as small CUs struggle to grow.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    December 13
    NCUA-Q3-2017-data-CUJ-121317.jpeg
  • Lending
    Montgomery County Employees FCU surpasses $100 million in loans

    The Maryland-based credit union said it success was the result of strong member service and outreach.

    By Nathan DiCamillo
    December 13
    CUJ - ME FCU.jpeg
  • Community banking
    The power of giving: Credit unions in the community

    From large scholarships and record-breaking donations to gifts of time and energy, here's how credit unions are giving back to the communities they serve.

    By Michael Bartlett
    December 13
    Andrews FCU 111717.JPG
  • Growth strategies
    Scott Credit Union returns $500,000 to members

    The Illinois-based CU has given back $10 million to members in the past 10 years.

    By Nathan DiCamillo
    December 12
    CUJ - Scott.jpeg
  • Recruiting
    Recruiting new blood: Interns gain experience, CU gains energy, insight

    Educational Systems FCU gains a trio of interns, plus more new hires, promotions and awards.

    By Palash Ghosh
    December 12
    fresh intro1.jpg
  • Integrations
    Two Johnstown, Pa. CUs to merge

    The resulting institution will have more than $126 million in assets.

    By Palash Ghosh
    December 12
    Todd Cover, USSCO
  • Growth strategies
    CEFCU pays out $40 million dividend to members

    Citizens Equity First Credit Union has paid out $230 million in diviends over the past 18 years.

    By Palash Ghosh
    December 12
    Annual dividends at Citizens Equity First Credit Union
  • Digital banking
    How reg relief bill could help rural underbanked

    House and Senate bills contain a provision that would let financial firms in all states use digital scans of photo IDs to verify identities of prospective customers. That could ease the account-opening process for consumers in areas where branches are few and far between.

    Laura Alix
    By Laura Alix
    Staff Writer
    December 12
    MOBILE act graphic
  • Minimum wage
    Launch FCU raises minimum wage to $12.50

    The Florida-based credit union is one of several that have begun raising employees' entry-level pay as part of the nationwide push toward a living wage.

    By Nathan DiCamillo
    December 11
    CUJ - Launch (1).jpeg
  • Succession planning
    Credit Union of America announces new leadership

    After 43 years at the Wichita-based credit union, CEO Bob Thurman is retiring.

    By Michael Bartlett
    December 11
    Frank Shoffner Credit Union of America
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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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