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Market Intelligence:
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Industry Data
  • Lending
    Student Loans For Parent/Guardians: A New Horizon For Credit Unions?

    Should credit unions consider making student loans to students' parents, instead of the students themselves?

    By Palash Ghosh
    April 17
  • CUJ content
    CUNA Loses Cook to ABA, Gains Eurgubian from ICBA

    WASHINGTON — Robin Cook, longtime counsel for special projects for Credit Union National Association, is leaving CUNA for the American Bankers Association.

    By Michael Bartlett
    April 17
  • Payments
    CO-OP to Gain Larger Canadian Foothold After Agreement to Purchase Everlink

    RANCHO CUCAMONGA, Calif. — CO-OP Financial Services has signed an agreement that will give it a deeper foothold into Canada.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    April 17
  • Growth strategies
    Developing Talent From Within

    State Employees' CU has developed a pool of future executives and CEOs through a process its current chief executive calls "horizontal diversification."

    By Palash Ghosh
    April 17
  • Millennial Marketing: Reaching Out to the Member of the Future

    The millennial generation, born between 1982 and 2000, will soon be coming into preeminence. This group — the credit union members of the future, is at least as large as the baby boom generation.

    April 17
  • Are You Ready to Manage Risk Rising From Internet of Things?

    Machine-to-machine (M2M) communications are on the rise. From tracking room temperatures to monitoring equipment battery levels, these connected devices already have a solid foothold in today's corporate networks and together they contribute to the Internet of Things (IoT).

    April 17
  • Key Steps to Take to Ensure Security of Remote Deposits

    The potential for human error and fraud — such as a check being altered or deposited multiple times on different dates or at different credit union locations — are real and persistent challenges.

    April 17
  • Editor's Note: Change Isn't All Bad — But Change Without Thought?

    The first article in the series looked at the trend of CUs that specifically avoid referring to themselves as credit unions.

    April 17
    Lisa Freeman
    Lisa Freeman
    Credit Union Journal
  • New York
    Community Resource FCU Names New President/CEO

    LATHAN, N.Y. — Community Resource Federal Credit Union's board of directors has named Terry Langlois as the new president and CEO, effective May 1.

    By Palash Ghosh
    April 17
  • Compliance
    Obama Nominates Acting Treasury AML Head for Permanent Post

    WASHINGTON — President Barack Obama has tapped the acting head of the Treasury Department's anti-money laundering and terrorism office to lead the department permanently.

    John Heltman
    By John Heltman
    Washington Bureau Chief
    April 17
  • Compliance
    Cheat Sheet: How Warren's Banking Agenda Could Influence Clinton

    Hillary Clinton just kicked off her presidential bid, but progressives have already begun a campaign of their own to shape the financial policy debate ahead of the 2016 elections.

    finklevictoria.jpg
    By Victoria Finkle
    BankThink Editor
    April 17
  • Growth strategies
    Why the Bank-to-CU Corner Office Trend Will Not Likely End

    The days where an employee could progress from the teller line to the corner office are largely gone, and as more and more baby boomers leave the job market, many top-level positions at credit unions are being filled by what might have once seemed unthinkable: former bankers.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    April 16
  • Wisconsin
    Fort Community CU Prepares For CEO Retirement With New President

    Fort Atkinson, Wis. — Fort Community Credit Union on Thursday said it is preparing for the eventual retirement of chief executive Ronald Vogel by transitioning current Chief Operations Officer Susan Johnson to president.

    By Michael Bartlett
    April 16
  • Lending
    Fed Paints Bleak Picture of Student Loans in New Study

    Low-income borrowers are responsible for much of the recent surge in student loan defaults and delinquencies, according to new research by the Federal Reserve Bank of New York.

    John Reosti Author Image
    By John Reosti
    Reporter
    April 16
    ab041715student.jpg
  • CUJ content
    Promotions, New Hires and CU People on the Move

    Executives advance at ASI FCU, Liberty Bay CU and more.

    April 16
    p19j1levoion81sijcqdmu1g8b6.jpg
  • Virginia
    CU Trades React as Target, MasterCard Reach Data Breach Deal

    ARLINGTON, Va. — Reports that Target is close to paying MasterCard nearly $20 million to reimburse credit unions and banks for the costs associated with the retailer's 2013 data breach is not good enough for one CU trade group.

    By Palash Ghosh
    April 16
  • Compliance
    Congress Makes Headway on Regulatory Relief Bills

    WASHINGTON — A flurry of activity on Capitol Hill in the last two days, has given credit unions a hopeful glimpse of the regulatory relief they have been seeking for years.

    April 16
  • Lending
    Why Most CUs Don't Do Tax Refund Anticipation Loans

    WASHINGTON — The Consumer Financial Protection Bureau filed a lawsuit Tuesday against the owner of several tax-preparation outlets who allegedly steered low-income clients into expensive loans against their anticipated refunds.

    April 15
  • Lending
    Navy Fed Closes $20M Loan To Complete Marine Corps Museum

    VIENNA, Va. — Navy Federal Credit Union said it has closed a "record-breaking deal" with the Marine Corps Heritage Foundation (MCHF) on a commercial construction loan to complete the National Museum of the Marine Corps in Triangle, Va.

    By Michael Bartlett
    April 15
  • CUJ content
    Banking Fundamentals Continue Steady Upswing, Fed Says

    WASHINGTON — Banking conditions continue to improve in most regions around the country, despite some negative economic circumstances in other sectors, according to a Federal Reserve Board report released Wednesday.

    John Heltman
    By John Heltman
    Washington Bureau Chief
    April 15
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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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