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Market Intelligence:
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  • Branch network
    Telhio CU Purchases Huntington Bank Branch for $2.5 Million

    COLUMBUS, Ohio—Telhio CU has purchased a former Huntington Bank branch here for $2.5 million, with plans to renovate and move in by early 2016.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 12
  • CUJ content
    Community Photos: January 12, 2015

    Get the first look at next week's photos focusing on all the good things CUs have been doing in their neighborhoods.

    January 11
    p19b503u321o6t1vhf1nn1q4017g66.jpg
  • Growth strategies
    NCUA's Metsger Wants Changes Made to FOM Rules

    The vice chairman of NCUA would like to see significant changes in how credit unions define their fields of membership – with the help of both the regulator and Congress.

    By Michael Bartlett
    January 9
  • Performance reports
    Colorado's Community Financial Gives $400,000 Member Bonus Dividend

    BROOMFIELD, Colo. — Community Financial Credit Union here said it will distribute $400,000 to reward its most loyal members as part of its "Member Bonus" program.

    By Michael Bartlett
    January 9
  • Technology
    Startup Courts Credit Unions to Put the 'Local' in Geolocation

    Geolocation can play to credit unions' strengths as supporters of local businesses. But small institutions typically lack the resources to create and test this technology and their core platform providers have yet to offer such services.

    wisniewskimary126x126.jpg
    By Mary Wisniewski
    Deputy editor
    January 9
  • Connecticut
    In Expansion Play, Nutmeg State Converts To State Charter

    ROCKY HILL, Conn. — Nutmeg State FCU kicked off the new year with a new charter, converting from a federal charter to a state charter and becoming Nutmeg State Financial CU.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    January 9
  • Lending
    HUD Chief Defends FHA Premium Cut, Saying 'It's the Right Time'

    WASHINGTON — Housing and Urban Development Secretary Julian Castro moved swiftly on Thursday to defend pending cuts to the Federal Housing Administration's premiums, rebutting GOP arguments they are premature.

    collins-brian-blog.jpg
    By Brian Collins
    Reporter
    January 9
  • CUJ content
    What Does the Future Hold for the CU Tax Exemption?

    An important facet of the credit union business model is its tax-exempt status, a situation that has long infuriated the banking industry that has sought to get it repealed.

    By Palash Ghosh
    January 9
  • Michigan
    Human Resources Headaches On the Agenda for Upcoming Year

    GRAND RAPIDS, Mich. — One key element that separates credit unions from their competitors is the skills, talents and experience of their employees.

    By Michael Bartlett
    January 9
  • Outlining the Steps CUNA will be Taking to Strengthen CUs in the Year Ahead

    In general, CUNA will work to remove barriers, create awareness and foster service excellence for credit unions (with the ultimate aim of achieving our overall vision of "Americans choose credit unions as their best financial partner").

    January 9
  • No More Hooey from Duffy

    Whether the credit union is large or small, focused on community, sponsor companies or small business; having a singular interest in the outcomes for your members trumps the drive for shareholder/investor returns.

    January 9
  • Editor's Note: How to Make the Most of the Challenges Ahead

    So, it is with much gratitude that I can, instead, point you to our "The Year Ahead" special report, in which a number of brave souls offer their insights into what credit unions can expect to see as 2015 unfolds.

    January 9
    Lisa Freeman
    Lisa Freeman
    Credit Union Journal
  • Compliance
    Better Brace For Still More New Rules, Regs

    An unrelenting barrage of new credit union rules and regulations have jacked up the cost of doing business, forced hundreds of small CUs to merge or close and compelled many others to devote precious time and money to dealing with the seemingly endless blitz of overwhelming bureaucratic paperwork from Washington.

    By Palash Ghosh
    January 9
  • CUJ content
    The Great Risk-Based Capital Debate, Part II

    Of the innumerable regulatory items (passed or pending) that have been causing headaches for credit unions, perhaps none raises more concern than NCUA's proposed risk-based capital rule.

    By Palash Ghosh
    January 9
  • CUJ content
    Scaling the Ladder

    Promotions, New Hires and Honors at Credit Unions Across the Country.

    January 9
    p19b7k4pthi741nfha31lah19b06.jpg
  • Performance reports
    AMOCO FCU Pays Bonus Dividend for 19th Consecutive Year

    TEXAS CITY, Texas — The $652 million AMOCO Federal Credit Union said it showed its appreciation for the members that most believe in it through a $1 million bonus dividend.

    By Michael Bartlett
    January 8
  • CUJ content
    Credit Unions Urge NCUA to Relax Standards on Corporates

    ALEXANDRIA, Va. — NCUA needs to go further in dialing back restrictions placed on corporate credit unions following the financial crisis, according to many CU executives and experts.

    Rachel Witkowski 092524
    By Rachel Witkowski
    Tech reporter
    January 8
  • Growth strategies
    Coopera, Federation Team Up To Help CUs Serve Immigrants

    NEW YORK — Coopera, a credit union consultant for the Hispanic market, and the National Federation of Community Development Credit Unions, are teaming up on a program to extend credit union products and services to the widely unbanked and under-banked Hispanic immigrant community.

    By Palash Ghosh
    January 8
  • Lending
    Community Banks See CUs as Threat in Small Business Lending: Survey

    Credit unions are making community banks sweat in the small business lending arena.

    January 8
    ab010815smallbiz.jpg
  • CUJ content
    American Airlines FCU Pays Out $12.7M Dividend

    American Airlines Federal Credit Union said it distributed more than $12.7 million in dividends to qualifying member-owners on Dec. 20, 2014.

    By Palash Ghosh
    January 8
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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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