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Market Intelligence:
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  • Core systems
    California Lithuanian CU converting to Share One’s NewSolutions

    Credit union will switch core processors in October, becoming the 21st Share One client in California.

    By Michael Bartlett
    May 31
    Dainius Vaidila, CEO of California Lithuanian Credit Union
  • Core conversions
    Holy Rosary CU inks long-term deal with Synergent

    In addition to renewing its agreement for core processing, the $258 million-asset credit union also re-upped with other Synergent products.

    By Palash Ghosh
    May 31
    Todd Mason, president and CEO of Synergent
  • Financial crimes
    NCUA prohibition orders once again top $10 million in restitution

    This is the second consecutive month that restitution payments for accompanying prohibition orders have exceeded $10 million.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 31
    ncua 2
  • Succession planning
    Sunlight FCU names new president/CEO

    Steven Pearson will suceed Cindy Bennet, who is retiring after 18 years at the credit union.

    By Palash Ghosh
    May 31
    Steven Pearson, CEO of Sunlight FCU
  • Workforce management
    Putting people first: national awards and other CU execs in the news

    NAFCU recognizes top professional, plus more new hires, promotions and appointments.

    By Palash Ghosh
    May 30
    talent scout.jpg
  • What CUs need to know about auto-decisioning for member business loans

    To capitalize on the current market environment, CUs need a solid auto-decisioning strategy in place to manage the increased volume of MBL applications while mitigating risk and delivering top-notch service to members.

    May 30
    Stephanie Butler
    Baker Hill
  • M&A
    The Partnership FCU to merge with Fairfax City FCU

    The combined CU will operate under the banner of The Partnership FCU.

    By Palash Ghosh
    May 30
    Theresa Mann, CEO of The Partnership FCU
  • Community banking
    Puppy love: CUs in the community

    Good causes, great times and more ways CUs are living the credit union difference.

    By Michael Bartlett
    May 30
    GTE Financial 050517.jpg
  • Blockchain
    UK-based blockchain app could be a game-changer this side of the pond

    A new blockchain mobile app, the first of its kind, is making waves across the pond with the goal of making “everyone a bank.”

    By W.B. King
    May 30
    Andrew Downin, innovation director at Filene Research Institute
  • Lawsuits
    Tampa CUs in legal fight over stolen member data, other trade secrets

    Grow Financial alleges that a former employee stole private credit union information and passed it on to GTE prior to obtaining a job there.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    May 26
    Grow Financial FCU - GTE Financial lawsuit - CUJ 052617
  • Auto lending
    Where the rubber meets the road: Day 2 of CU Direct's DRIVE conference

    The 'revolution' in auto financing, communication tips and the keys to member engagement were all topics of focus during the second day of CU Direct's annual DRIVE conference in Las Vegas.

    By Michael Bartlett
    May 26
    trafficjam.jpg
  • Law and regulation
    NCUA seeks to improve appeals process, add transparency to mergers

    While CUs welcome the changes to the appeals process, the merger transparency rule is sure to raise a few eyebrows.

    John Reosti Author Image
    By John Reosti
    Reporter
    May 25
    Mark McWatters Rick Metsger NCUA Board
  • Succession planning
    Space Coast CU names new president/CEO in wake of Samuels' death

    Timothy Antonition, the credit union's longtime EVP/COO, will succeed Doug Samuels, who passed away suddenly earlier this month.

    By Palash Ghosh
    May 25
    Timothy M. Antonition, CEO of Space Coast CU
  • Core systems
    Two deep south CUs convert to CU Impact

    Credit unions in Alabama and Louisiana announce conversion to first-ever core system designed specifically for CDFIs.

    By Palash Ghosh
    May 25
    Tommy Cobb, CEO of Tuscaloosa CU
  • Succession planning
    Longtime CEO to be succeeded by longtime EVP at American 1

    CEO David Puckett will step down at the end of this year after 35 years with the $321 million credit union, with Martha Fuerstenau taking the reins Jan. 1, 2018.

    freeman-lisa-2016-250.jpg
    By Lisa Freeman
    Former Editor in Chief
    May 25
    David C. Puckett, president/CEO of American 1 CU
  • Biometrics
    Gesa CU recognized for innovative tech use

    The credit union was credited with "pioneering" use of biometrics capabilities in-branch.

    By Palash Ghosh
    May 25
    p1b29g46pl165t172c1fn51s3i16dsd.jpg
  • M&A
    Denver-area CUs finalize merger

    West Denver Community CU will be absorbed by Denver Community Credit Union, following losses totaling approximately $20,000 in 2015 and 2016.

    By Palash Ghosh
    May 25
    Tessa Bonfante, COO of Denver Community CU
  • Auto lending
    In the driver's seat: On-site at CU Direct's DRIVE conference

    As the annual DRIVE conference kicked off in Las Vegas, credit union leaders gathered for wide-ranging discussions on the future of auto lending.

    By Michael Bartlett
    May 25
    2016 auto lending stats Experian - CUJ 052517.jpeg
  • HMDA
    Give credit unions carve-out from CFPB? NCUA says ‘yes’

    In a rare move, the credit union regulator is asking the CFPB for exemptions for credit unions from expanded HMDA requirements and unfair and deceptive acts authority.

    berry-kate126x126.jpg
    By Kate Berry
    Reporter
    May 24
    J. Mark McWatters, acting chairman of the NCUA
  • Community banking
    Making a splash: CUs in the community

    Scholarships, celebrations and other ways credit unions are giving back to the communities they serve.

    By Michael Bartlett
    May 24
    City County 050517.jpg
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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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