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Market Intelligence:
AI
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Industry Data
  • M&A
    MidWestOne to exit Florida by selling branches to credit union

    The Iowa-based bank says its two branches in Naples and Fort Myers were too small a presence to be competitive, so it decided to sell them to DFCU Financial.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    September 25
    DFCU HQ_ (1).png
  • Credit unions
    NCUA's climate-risk query sparks concern from credit unions

    Industry leaders cautioned the National Credit Union Administration against drafting new regulations to address the financial risks associated with climate change.

    By Frank Gargano
    Data Reporter
    June 27
    NCUA HQ
  • Credit unions
    Recession fears overshadow credit unions' strength in auto loans

    The category shifted into high gear during the first quarter, but experts predict a severe slowdown based on a growing number of economic concerns.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    June 26
    Canvas Credit Union.jpg
  • Credit unions
    New Hampshire, birthplace of U.S. credit unions, sees membership drop

    The state where the first U.S. credit union opened in 1909 reported fewer members in the first quarter compared to a year earlier, due in part to the competitive threat from banks.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    June 20
  • Credit unions
    An incubator for Main Street: How one credit union supports small shops

    Lake Trust Credit Union in Brighton, Michigan, works with a development agency in Lansing to provide entrepreneurs with the financial and educational support they need to go it alone.

    By Frank Gargano
    Data Reporter
    June 16
  • Credit unions
    Credit union, fintech leaders discuss the perks and perils of partnering

    For small credit unions, enlisting outside helps accelerate the development of new products — as long as all risks and regulations are properly addressed.

    By Frank Gargano
    Data Reporter
    June 14
  • Credit unions
    Credit union loans fueled by growth in auto sales, home equity

    Total loans from credit unions increased by nearly 18%, driven in part by car dealerships rebuilding their inventory. Headwinds in the mortgage market also fueled interest in home equity loans.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    June 14
  • Credit unions
    First Tech Federal Credit Union rewrites its rules for foster youths

    Young people aging out of foster care don't often have the documents or relationships necessary to open an account. First Tech is making changes to address this all-too-common issue.

    Charles Gorrivan
    By Charles Gorrivan
    June 13
    First Tech FCU signage
  • Credit unions
    New York credit union signs first contract with organized employees

    Genesee Co-op Federal Credit Union in Rochester implemented the labor agreement after more than 14 months of bargaining.

    By Frank Gargano
    Data Reporter
    June 9
    Genesee CoOp FCU.jpg
  • Credit unions
    SECU's smaller sibling delays spinoff, citing need for branches

    Local Government Federal Credit Union is postponing its separation from State Employees Credit Union, which has shared its technology and footprint for decades, to establish its own physical presence.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    June 9
    SECU building
  • Credit unions
    Unionized employees of TruStage put strike on hold

    Workers at the former CUNA Mutual Group in Madison, Wisconsin, returned to work after securing tentative agreements on two of their five key demands.

    By Frank Gargano
    Data Reporter
    June 5
    Joe Evica - OPEIU Local 39 Picket.jpg
  • Credit unions
    How credit unions gained some of the deposits banks lost

    U.S. banks lost 2.5% of their deposits during the first quarter while credit unions saw a 2.1% quarterly increase, according to an S&P Global Market Intelligence analysis. Aggressive marketing — and credit unions' relatively untarnished reputations — helped motivate the shift.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    June 1
    Deseret First Credit Union
  • Credit unions
    In Ukraine, credit unions may finally get deposit insurance

    Banks across the country have had deposit guarantees since 1998. By extending this to credit unions, Ukraine can provide economic stability while also improving its chances of joining the European Union.

    By Frank Gargano
    Data Reporter
    May 31
    Ukraine's Capital City on Day Two of Russian Invasion
  • Credit unions
    NCUA furthers proposal to let credit unions donate to veterans' charities

    The National Credit Union Administration is seeking to amend its definition of a "qualified charity" under its framework, which currently excludes those that serve past and present members of the armed forces.

    By Frank Gargano
    Data Reporter
    May 25
    NCUA Chairman Todd Harper
  • Credit unions
    Credit unions, banks still clashing over CRA-like rules in Illinois

    Two years after Illinois became one of several states to pass their own version of the federal Community Reinvestment Act, credit unions and banks continue to fight over whether the law is necessary and how strict the corresponding regulations should be.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 24
    ILLINOIS-STATE-CAPITAL-BUILDING-ADOBE
  • Credit unions
    Fintechs expand AI auto-lending tool for credit unions

    Zest AI and Origence designed a new white-labeled product for institutions that lack the resources to develop a custom platform based on artificial intelligence.

    By Frank Gargano
    Data Reporter
    May 22
    Zest_Origence_Triptych.jpg
  • Credit unions
    United Credit Union giving credit-challenged borrowers a 'second chance'

    Chicago has one of the largest unbanked populations in the country, so United Credit Union rolled out a loan program aimed at those people who would typically use a payday lender.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 18
  • Credit unions
    Unionized employees of CUNA Mutual Group near strike deadline

    Roughly 450 organized staffers of the Madison, Wisconsin-based insurance provider are prepared to head to the picket line — unless mediators can find common ground by Friday.

    By Frank Gargano
    Data Reporter
    May 17
    OPEIU Local 39.jpeg
  • Credit unions
    Small Pittsburgh credit union gets a $1 million boost from a bank

    F.N.B. Corp, the holding company for First National Bank, is making its second investment in the $13 million-asset Hill District Federal Credit Union.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 17
    Richard Witherspoon, CEO, Hill District Federal Credit Union
  • Credit unions
    Launching a credit union? A recession might help.

    Generations United Federal Credit Union's first president and CEO, John Linzey, expects to attract the very customers that banks might turn away if the economy sours.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 12
    John Linzey.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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© 2026 Arizent. All rights reserved.