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Market Intelligence:
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  • CUJ content
    CUs Use 'Quicken-lite' To Turn Average Members Into 'Financial Savants'

    CHATWORTH, Calif. - Personal FinanceWorks -the hybrid between Quicken personal finance software and online banking and the biggest news in years in online banking platforms-could turn any armchair Internet banking user into something of a financial savant.

    April 23
  • CUJ content
    Delegates Approve Change In League Dues Formula

    AUSTIN, Texas - Delegates at the Texas CU League's annual meeting here approved a modification to the dues structure by a unanimous voice vote.

    April 23
  • CUJ content
    'Heroic' Growth At Call FCU

    BOSTON - Kelley Parks can't fly, but she still plays a superhero for Call FCU where she is VP of marketing and business development.

    April 23
  • CUJ content
    Calendar

    APRIL

    April 23
  • CUJ content
    Now In The Market

    New Board Installed At Tranax

    April 23
  • CUJ content
    The Top 50 CU By First Mortgage Real Estate Loans 4Q 2006

    Rank Credit Union City State Loans ($000)

    April 23
  • CUJ content
    CUJ Q&A

    Editor's note: This is the second part of a BankInfoSecurity.com interview with Dr. Markus Jakobsson, a professor at Indiana University who is conducting research on phishing, and was originally conducted by Linda McGleeson, editor of BankInfoSecurity.com.

    April 23
  • CUJ content
    NCUA Heeds Continental's Pleas, Bars Wings' Merger Bid

    ALEXANDRIA, Va. - After weeks of prodding by the credit union establishment, NCUA last week ruled that Wings Financial FCU's hostile takeover attempt of Continental FCU is illegal because the $200-a-member inducement to members of the much smaller credit union violates provisions of the Federal CU Act.

    April 23
  • CUJ content
    NCUA Heeds Continental's Pleas, Bars Wings' Merger Bid

    ALEXANDRIA, Va. - After weeks of prodding by the credit union establishment, NCUA last week ruled that Wings Financial FCU's hostile takeover attempt of Continental FCU is illegal because the $200-a-member inducement to members of the much smaller credit union violates provisions of the Federal CU Act.

    April 23
  • CUJ content
    On Deadline

    Check 21 Milestone: National Networks Connect

    April 23
  • CUJ content
    WesCorp, SunCorp To Merge

    WESTMINSTER, Colo. - The consolidation trend among corporate credit unions continued with the announcement that WesCorp FCU and SunCorp FCU are planning to merge. SunCorp said the move will deliver value to its member credit unions.

    April 23
  • CUJ content
    Technology News

    WMA Calls For Entries

    April 23
  • Technology
    Will Check 21 Technology Go The Way Of Betamax?

    PHOENIX - As fewer people write checks in favor of moving money through the ACH network or paying with plastic, some credit unions continue to question the industry's investment in bringing Check 21 technologies in-house to create, exchange and clear check images.

    April 23
  • CUJ content
    NCUA Takes Over Obelisk FCU, No Reason offered

    NEW ALBANY, Ind. - NCUA took under conservatorship Obelisk FCU, a $55-million credit union. The federal regulator would not give a reason for the takeover, but emphasized that service to the credit union's 13,800 members will continue uninterrupted. Obelisk FCU reported high net worth of 9% at year-end 2006, but had low net income, just $120,000, and a low return-on-average assets of 0.22% for the year.

    April 23
  • CUJ content
    Will Check 21 Technology Go The Way Of Betamax?

    PHOENIX - As fewer people write checks in favor of moving money through the ACH network or paying with plastic, some credit unions continue to question the industry's investment in bringing Check 21 technologies in-house to create, exchange and clear check images.

    April 23
  • CUJ content
    Maine CUs Air New Ad Campaign

    PORTLAND, Maine - Credit unions hit the air waves this morning with a new statewide advertising effort that will encompass print, radio and television spots. Four television spots will run until November, an estimated 9,300 times across the state.

    April 23
  • CUJ content
    How Technology Can Smooth The Sometimes Bumpy Road To Merger

    MURRIETA, Calif. - In a sometimes messy race for credit unions to acquire or be acquired, where the winners sometimes vie to assimilate in 30 days, a service provider here is seizing a newfound opportunity to make the technology side of mergers neat and pat.

    April 23
  • CUJ content
    Innovation Grants Offered CUs

    WASHINGTON - The National CU Foundation announced it is now accepting applications for its annual innovation grants. The foundation hopes to award as much as $500,000 in innovation grants, part of its REAL Solutions program.

    April 23
  • CUJ content
    Under the Microscope: Branch-Building Getting Expensive

    ST. LOUIS - A new white paper from design/build and retail services firm NewGround examines why the cost of building financial institutions is on the rise.

    April 23
  • CUJ content
    Under the Microscope: Virtualization' Will Reduce IT Costs

    CUPERTINO, Calif. - According to information technology giants Symantec and Intel, "virtualization" technology will play a large role in the financial services sector this year.

    April 23
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