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Market Intelligence:
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Industry Data
  • Growth strategies
    Motorola Employees CU to Change Name to Andigo

    Motorola Employees Credit Union (MECU), a $901-million institution based in Schaumburg, Ill., said it will change its name to Andigo, most likely in September of this year.

    By Palash Ghosh
    May 19
  • Compliance
    NCUA Discusses Call Reports and Exams at First Open 'Board Briefing'

    New Chairman Rick Metsger said the regulator will likely extend due date for second quarter call reports because of July 4th holiday and expects to establish end-of-month deadline by the end of the year.

    John Reosti Author Image
    By John Reosti
    Reporter
    May 19
  • Career moves
    C-Suite Shake-Up: Executives on the Move

    A fresh crop of chief lending and operations officers and a host of new senior executives appointed at credit unions across the country.

    May 19
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  • Compliance
    Michigan Senate Passes Credit Union Reform Bills

    The Michigan State Senate passed a package of credit union bills that amends the Michigan Credit Union Act for the first time since 2003. The CU-friendly legislation is expected to pass the House and be signed into law by the governor by the middle of next month.

    By Eric Guldenstern
    May 19
  • Compliance
    CFPB Set to Release Payday Lending Proposal on June 2

    The bureau said Wednesday that it plans to hold a public hearing in Kansas City, Mo., to discuss small dollar lending. The hearing will be held at the Kansas City Convention Center and will feature remarks from CFPB Director Richard Cordray, as well as testimony from consumer groups, industry representatives, and the public.

    berry-kate126x126.jpg
    By Kate Berry
    Reporter
    May 19
  • Lending
    Waters Introduces Bill to Rewrite Credit Reporting System

    Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, introduced legislation Thursday to reform consumer credit reporting.

    By Ian McKendry
    Reporter
    May 19
  • Lending
    Could ‘Loophole’ Help Explain Rise in Credit Unions’ Business Lending?

    A study commissioned by the Massachusetts Bankers Association found a correlation between a spike in credit unions with low-income designations and an increase member business lending in the state.

    John Reosti Author Image
    By John Reosti
    Reporter
    May 18
    cuj051916loophole.jpg
  • Compliance
    Data Grab in CFPB's Arbitration Plan Spooks Industry

    The Consumer Financial Protection Bureau's proposal to restrict the use of arbitration clauses would allow it to seize enormous amounts of data from financial firms that could lead to more enforcement actions, according to industry lawyers.

    berry-kate126x126.jpg
    By Kate Berry
    Reporter
    May 18
  • Compliance
    Next Up: The New, More Transparent NCUA

    On tap at Thursday's NCUA Board meeting: the first-ever public briefing to board members on a proposal that is still under construction, a move that is aimed at creating a rulemaking process that is more open and accessible to all stakeholders.

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    By Lisa Freeman
    Former Editor in Chief
    May 18
  • Growth strategies
    Sb1 FCU to Change Name to Ardent CU

    Sb1 Federal Credit Union, a $634-million institution based in Philadelphia, will change its name to Ardent Credit Union, effective June 14.

    By Palash Ghosh
    May 18
  • Technology
    Social (in)Security: SSN Exposures Top CUs' Data Concerns

    Social Security Numbers may as well be the keys to the kingdom where cybercriminals are concerned, making any business that collects that data—including credit unions—a prime target for hackers.

    By W.B. King
    May 17
  • Growth strategies
    Catholic-based CUs Band Together to Form New Alliance

    Leaders of eleven American Catholic credit unions announced today the formation of a collaborative association, Catholic Credit Unions of America (CCUA).

    By Eric Guldenstern
    May 17
  • Growth strategies
    Eight Illuminating Data Points on Millennials and Banking

    Financial institutions have a hard time figuring out millennials, those born between the early 1980s and 2000. Many millennials don’t remember a world without the Internet, plenty entered adulthood during the thick of the financial crisis and the generation is broadly considered one willing to vote with its feet. Several firms have tried to demystify millennials for credit unions and banks. The following is a look at some of the data.

    May 17
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  • Technology
    Farm Credit Employee FCU Taps Sharetec as New Core

    Farm Credit Employee FCU in St. Paul, Minn., has chosen Sharetec as its new core system, the company announced in a Tuesday press release.

    By Joseph Kellard
    May 17
  • Compliance
    COMPASS 4 CU's Ownership Transfers To PenFed Post Merger

    COMPASS 4 CUs, the Woodbridge, Va.-based credit union service organization (CUSO) that specializes in regulatory compliance, said effective May 1, ownership of the CUSO was transferred from Belvoir Federal Credit Union to Pentagon Federal Credit Union (PenFed) in connection with the merger of those two credit unions.

    By Palash Ghosh
    May 17
  • Career moves
    Kudos to CEOs: Executives on the Move

    The Summit FCU CEO Mike Vadala and Georgia CU Affiliates CEO Michael Mercer earn special awards and more CU advocates in the news.

    May 17
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  • Growth strategies
    Scott CU Teams Up with St. Louis Cardinals

    For the next three years Scott Credit Union will sponsor Major League Baseball's St. Louis Cardinals franchise, winners of 11 World Series.

    By Joseph Kellard
    May 17
  • Payments
    MCX Cuts Staff, Changes Its Mobile Mission

    The Merchant Customer Exchange, a retailer-backed mobile wallet venture of over three years in the works, has postponed its plans for a national rollout of its mobile wallet.

    May 17
  • Growth strategies
    California's Eagle and UNIFY to Merge

    Two California credit unions, Eagle CU in Lodi and UNIFY Financial CU in Torrance, plan to merge.

    By Joseph Kellard
    May 16
  • Lending
    CU Companies to Expand into Five States

    CU Companies plans to expand into five additional states.

    By Joseph Kellard
    May 16
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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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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.