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Market Intelligence:
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  • Community banking
    Backpack giveback: Credit unions in the community

    Backpacks for kids in summer camp, housing assistance for a veteran of three wars and other ways credit unions are giving back to the communities they serve.

    By Michael Bartlett
    October 4
    Sikorsky 090117.JPG
  • Integrations
    Vocal Credit Union of Montana acquires failing bank branch

    Vocal's newest branch will be the only credit union branch for more than 110 miles.

    By Palash Ghosh
    October 4
    The newest branch of Vocal Credit Union in White Sulphur Springs, Mont., which was formerly a branch of Dutton State Bank.
  • Finance, investment and tax-related legislation
    As ex-Equifax CEO testifies, all credit bureaus are on trial

    Richard Smith came to Capitol Hill this week to speak about the massive breach at Equifax, but it was clear Tuesday that he will be defending the entire credit reporting industry.

    By Lalita Clozel
    Reporter
    October 3
    Richard Smith, former chairman and chief executive officer of Equifax, listens during a House Energy and Commerce Committee hearing in Washington.
  • M&A
    Frontier Financial Credit Union merges into Greater Nevada CU

    The smaller credit union’s two branches have been integrated into Greater Nevada’s now 14-branch network.

    By Michael Bartlett
    October 3
    Frontier Financial into Greater Nevada.jpeg
  • Credit unions
    After capital campaign, America's Credit Union Museum begins expansion

    The museum broke ground for a new research center, exhibit expansion and building renovation.

    October 3
    America's Credit Union Museum groundbreaking ceremony. From left to right: Richard L. Ensweiler, retired CEO of Cornerstone Credit Union League, Michael Ray, CEO of Hoya Federal Credit Union, Peter J. Lemire, Esq., Ronald H. Covey, Jr., president and CEO of St. Mary’s Bank, Michael L’Ecuyer, Chairman of the ACUM Board and president and CEO of Bellwether Community Credit Union, Jim Nussle, president and CEO of Credit Union National Association, and Patricia Lynott, SVP, Academic Affairs, Southern NH University.
  • Technology
    Finastra adds trio of credit union clients to its roster

    The software provider aims to simplify lending processes for financial institutions.

    By Palash Ghosh
    October 3
    Mike Dionne, Finastra
  • Digital marketing
    Cornerstone League and member CUs emboldened by awareness campaign

    The league and its partners are beginning to assess the results of its large-scaled "Feel the Difference" initiative, which sought to raise consumer awareness of credit unions in three states.

    By Palash Ghosh
    October 3
    Jon Gorman, Cornerstone Credit Union League
  • Financial regulations
    NCUA's goal: Avoiding future assessments

    The focus has been on CUs getting at least some of their corporate stabilization assessments back earlier than expected, but NCUA's real goal is to prop up the Share Insurance Fund.

    John Reosti Author Image
    By John Reosti
    Reporter
    October 3
    CUJ100217corporate recovery
  • Integrations
    Shreveport FCU liquidated, assumed by Red River Employees FCU

    NCUA elected to liquidate the Louisiana-based credit union after determining it was insolvent with no prospect for restoring viable operations.

    By Palash Ghosh
    October 2
    ncua 2
  • Digital marketing
    Credit unions to get cross-country advertising for Int'l CU Day

    A partnership between CU Solutions Group and Gas Station TV will put credit union advertisements in front of an anticipated 43 million consumers in 32 states later this month.

    By Nathan DiCamillo
    October 2
    Dave Adams , MCUL
  • Integrations
    Full integration pending, Texas CUs' merger now legally complete

    The merger of Texas Trust and Qualtrust Credit Unions has been completed from a legal standpoint, though full integration and rebranding are not expected until 2018.

    By Palash Ghosh
    October 2
    Jim Minge, Texas Trust
  • C-suite
    Michael Rosek named president of First Alliance CU

    Rosek brings more than 30 years experience in the credit union movement to the $171 million-asset institution.

    By Nathan DiCamillo
    October 2
    Michael T. Rosek, CEO of First Alliance Credit Union
  • It's time to make the Telephone Consumer Protection Act work for CUs

    The TCPA must be amended to better reflect modern communication tools, and those changes should be done in a way that benefits credit unions and their members.

    October 2
    Jim Nussle
    Jim Nussle
    America's Credit Unions
  • Succession planning
    Chad Graves takes over as CEO of Ent Credit Union

    Current CEO Randy Bernstein is retiring after a 20-year career at the credit union.

    By Michael Bartlett
    October 2
    Chad Graves, CEO of Ent Credit Union
  • Data security
    Mountain America takes in-house approach to protecting member data

    Though many of its policies were in place before news of the Equifax breach came out, Mountain America Credit Union is doubling down on its approach to protecting member data.

    By W.B. King
    October 2
    Equifax breach and CUs - CUJ 092917.jpeg
  • Community banking
    Service with a smile: Credit unions in the community

    Another look at how credit unions are making a difference in the lives of those they serve.

    By Michael Bartlett
    September 29
    Water and Power 082517.jpg
  • MBL
    House reps reintroduce pro-veteran MBL bill

    H.R. 3866 would remove veteran’s loans from the CU member business loan cap

    By Nathan DiCamillo
    September 29
  • Lending
    Michigan credit unions report strong loan growth for Q2

    Overall lending at CUs in the Great Lakes State is up by 11 percent, with member business loans and auto loans leading the way.

    By Palash Ghosh
    September 29
    Michigan CUs loan growth Q2 2017 - CUJ 092917
  • MBL
    Region 2 leagues meet with NCUA to discuss key issues

    Points about various exam and regulatory credit union issues were raised

    By Nathan DiCamillo
    September 29
    Region 2 Credit Union League Leaders and NCUA leadership
  • M&A
    North Carolina CUs finalize merger

    The merger, which takes effect Oct. 1, will expand the services available to Century Employees' 1,430 members.

    September 29
    CUJ-092017-Summit (1).jpeg
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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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