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Market Intelligence:
AI
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  • Growth strategies
    Goldenwest Credit Union declares $1.75 million bonus dividend

    Utah-based CU has returned $11 million to members over last 14 years.

    By Michael Bartlett
    November 30
    Goldenwest bonus dividend 2017.jpeg
  • Work-life balance
    Babies on board: Why allowing infants at the office benefits some CUs

    A growing number of credit unions are allowing new mothers and fathers to bring infants to work with them -- and they say it's boosting morale and productivity, as well.

    By Palash Ghosh
    November 30
    Caitlyn Aguiar, Jeanne D’Arc CU
  • Core systems
    Credit union in Grenada signs with Sharetec

    The Communal CU says it will automate processes, use data in strategic decisions.

    By Michael Bartlett
    November 29
    Sharetec signs The Communal.jpeg
  • CUJ content
    Credit union hostage-taker gets 40-year prison sentence

    Cederick Lamar Collins held 11 CU employees hostage for three hours in January of this year during an attempted robbery.

    By Nathan DiCamillo
    November 29
    Kayce Bell, chief development officer at Alabama Credit Union
  • Financial wellness
    CUNA announces 2017 Maxwell, Herring and Desjardins Award winners

    Awards for social responsibility, philosophy-in-action and financial education were given to several credit unions of different asset sizes.

    By Nathan DiCamillo
    November 29
    CUNA Awards Committee Chair Winona Nava
  • M&A
    SRP Federal Credit Union to acquire Southern Bank

    The transaction is still subject to regulatory and shareholder approval, but is expected to be completed during the second quarter of 2018.

    November 29
    Harry Gunsallus, SRP Federal Credit Union
  • Underbanked
    NCUA awards $536K in grants to low-income credit unions

    The grant monies will go to 12 credit unions in 17 different states.

    By Palash Ghosh
    November 29
    ncua 2
  • CUSOs
    CU Members Mortgage names 2017 Elite Partners Club winners

    The credit union service organization recognized CUs in a variety of lending categories.

    By Palash Ghosh
    November 29
    Keith Kasmire, VP of sales for CU Members Mortgage
  • Financial literacy
    A CFPB program credit unions actually like

    Credit union professionals have surprising praise for a financial empowerment program from their frequent foe, the Consumer Financial Protection Bureau.

    By Nathan DiCamillo
    November 29
    Your-Money-Your-Goals-CUJ-112917.jpeg
  • Why blockchain consortia give credit unions a stake in the future

    A recent CU Journal article misses a crucial point about credit unions and distributed-ledger technology.

    November 29
    Jacqueline Ortiz Ramsay
    Jacqueline Ortiz Ramsay
    NAFCU
  • Philanthropy
    How credit unions are celebrating #GivingTuesday

    From donations to help Puerto Rico recovery efforts to aiding CMN hospitals, the United Way and more, here's how credit unions are giving back.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 28
    donations.jpg
  • Insurance
    N.Y. regulator fines CU, two others for selling unlicensed insurance

    United Nations Federal Credit Union and two others have consented to pay $1.47 million for offering, marketing and underwriting unlicensed credit and debit card-based life insurance programs.

    By Palash Ghosh
    November 28
    Maria Vullo, NYDFS
  • Field of membership
    Reg reform could mean big membership gains for British CUs

    A recent change raises geographic FOM potential by 50 percent, which could help CUs in some of Britain’s most heavily populated areas.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    November 28
    Matt Bland, head of policy and compliance at the Association of British Credit Unions, Ltd., seen here during a 2015 presentation.
  • Growth strategies
    Summit Credit Union pays out $2.08 million dividend to members

    Members have received more than $7 million in dividend payments since 2014.

    By Nathan DiCamillo
    November 28
    Summit-CU-dividend-trends-CUJ-112817
  • Growth strategies
    Western Division FCU pays out $800K patronage dividend

    The New York-based credit union has paid out $6 million to its members since 2003.

    By Palash Ghosh
    November 28
    Robert Harms, Western Division Federal Credit Union
  • Community banking
    Where giving is always in season: Credit unions in the community

    From scholarships to foundations, school supply drives and more, here's another look at how credit unions are giving back to the communities they serve.

    By Michael Bartlett
    November 27
    Zeal 102717.jpg
  • Growth strategies
    Ascend Federal Credit Union returning $5 million to members

    Tennessee-based CU has returned $71.5 million over the last 13 years.

    By Michael Bartlett
    November 27
    Ascend gives back.jpeg
  • Law and regulation
    In CFPB leadership dispute, CU trade groups side with Trump

    Both Mick Mulvaney and Leandra English showed up to lead the agency this morning, but credit union trade associations have only addressed Trump’s appointee.

    By Nathan DiCamillo
    November 27
    Dan Berger, president and CEO of the National Association of Federally-Insured Credit Unions
  • Succession planning
    Telco Plus CU on the hunt for new CEO as DeWeese plans retirement

    Betty DeWeese has plans to retire next summer, having worked at the credit union since 1983 and serving as CEO since 2010.

    By Palash Ghosh
    November 27
    Betty DeWeese, Telco Plus
  • Law and regulation
    WESTconsin CU CEO meets with Fed chief Yellen in DC

    Lora Benrun, CEO of $1.2 billion-asset WESTconsin Credit Union, recently participated in a meeting for the Federal Reserve Board of Governors’ Community Depository Institution Advisory Council in Washington D.C.

    November 27
     Janet Yellen, Federal Reserve and Lora Benrud, WESTconsin CU
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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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