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Market Intelligence:
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  • Technology
    Xceed Financial CU Redesigns Website

    EL SEGUNDO, Calif. — Xceed Financial Credit Union announced it has redesigned and updated its website, www.xfcu.org, which features expanded login functions, enhanced product descriptions, and financial education content.

    By Palash Ghosh
    February 10
  • Nebraska
    Nebraska CU Foundation is Launched

    OMAHA — The Nebraska Credit Union League (NCUL) said it has partnered with the National Credit Union Foundation, the U.S. credit union community's 501c (3) charitable organization, to form the Credit Union Foundation of Nebraska (CUFN).

    By Palash Ghosh
    February 9
  • Technology
    CO-OP Relaunches Mobile App, Adds P2P and Other Features

    RANCHO CUCAMONGA, Calif. — CO-OP Financial Services announced that it will re-launch its mobile banking application called "CO-OP Mobile."

    By Palash Ghosh
    February 9
  • Payments
    PSCU On the Hunt For New CEO as Mike Kelly Dismissed

    ST. PETERSBURG, Fla. — PSCU EVP and COO Tom Gandre has been placed at the helm as acting CEO of the CUSO, where he replaces outgoing CEO Mike Kelly, who has been dismissed by the board.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 9
  • CUJ content
    Ladies' Night & First Friday Coffee: Community News

    CUs host special events, from 'Ladies' Nite' to coffee talk, to ribbon cuttings and big donations.

    February 9
    p19dnsu1cr3ln8d12dm2edqfph.jpg
  • Compliance
    NCUA Issues List of Reg Review Candidates for 2015

    ALEXANDRIA, Va. — NCUA is seeking comment on the list of regulations it will review in 2015 as part of its three-year regulatory review process.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 9
  • CUJ content
    Oil Industry CUs Unaffected By Drop In Oil Prices — At Least For Now

    Most people are celebrating the drop in oil prices, but for oil company employees — and the credit unions that serve them — it's a whole different story.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 9
  • Alabama
    League Of Southeastern CUs Partners With NWCUA On Website

    BIRMINGHAM, Ala./TALLAHASSEE, Fla. And SEATAC, Wash. — The League of Southeastern Credit Unions and Affiliates will license the functionality and framework of the website of the Northwest CU Association as LSCU redesigns its site.

    By Michael Bartlett
    February 6
  • Growth strategies
    Beacon CU Acquires Bank in Indiana

    WABASH, Ind. — Beacon CU is acquiring Midwest Ag Finance, in a rare credit union-bank purchase and assumption.

    By Palash Ghosh
    February 6
  • Lending
    PenFed's Rate Reset Program Puts Members In Driver's Seat

    ALEXANDRIA, Va. — A new program from Pentagon FCU aims to cut members' monthly payments down to size without the added hassle of going through the full refi process — and making some extra money for the CU, too.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 6
    penfed-banner.jpg
  • CUJ content
    Membership Milestones

    OCCU celebrates its 90,000th member, while other CUs mark the millionth dollar given to charity, new branch openings and other events in their communities

    February 6
    p19dfusb83fc1aket2t1g0o1060c.jpg
  • Technology
    Democracy FCU Beta Tests CO-OP's Sprig

    RANCHO CUCAMONGA, Calif. — Last year CO-OP Financial Services revisited its mobile app offering and determined that to remain competitive, updates would be required.

    By W.B. King
    February 6
  • Building the Right Culture is a Key Element to Retaining Talent

    Bartlett's article noted that Lake Michigan Credit Union in Grand Rapids emphasized the importance of creating a corporate culture that aligns with its mission and vision.

    February 6
  • A Lottery You Can’t Lose. Sound Too Good to be True?

    A growing promotional trend being utilized by credit unions is the offering of prize-linked savings (PLS) products, which provide consumers with the chance to win prizes in exchange for the consumer making one or more deposits into a savings account.

    February 6
  • Editor's Note: Is it Tilting at Windmills or Necessary Roughness?

    Moreover, the pro-dividenders argue, the special bonus dividend helps demonstrate the "credit union difference" in a concrete, tangible—and easily publicized—way.

    February 6
    Lisa Freeman
    Lisa Freeman
    Credit Union Journal
  • Technology
    Mobile Banking: It's Not About the App

    Offering a mobile banking app is the price of admission in today's financial services marketplace. But simply providing members with an app doesn't necessarily equate to high adoption/user rates.

    By W.B. King
    February 6
    gtfcu-app-screenshot.jpg
  • RBC2 an Improvement; Now CUs Need Reasonable IRR, Supplemental Capital

    NCUA's revised RBC — so-called RBC 2.0 — clearly demonstrates that the agency listened to the more than 2,000 stakeholders that made their voices heard with comment letters.

    February 6
  • New York
    Federation Releases Study On Very Poor Consumers

    NEW YORK — The National Federation of Community Development Credit Unions (Federation) released a report that delves into the financial struggles faced by very poor individuals, those with annual household incomes below $20,000.

    By Palash Ghosh
    February 5
  • Technology
    Google Glass Is Dead, But No Regrets for Bankers Who Tested It

    Google Glass, the search giant's eyewear that doubles as a computer, has been discontinued with consumers — for now. Even so, bankers who have experimented with the device say it was time well spent.

    wisniewskimary126x126.jpg
    By Mary Wisniewski
    Deputy editor
    February 5
  • Growth strategies
    Why Pennsylvania CUs May Be the Big Winners on This Season Of NBC's 'The Voice'

    HARRISBURG, Penn. — Credit unions in the Keystone State are about to have their voices heard by a potentially very big audience.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    February 5
    voice-logo.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

Download the American Banker app

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