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Market Intelligence:
AI
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Research
Industry Data
  • Credit cards
    Credit unions' credit card balance declines mirror broader trend

    The industry saw small gains in many loan categories during the second quarter, but credit cards declined. A new study from WalletHub shows the biggest quarterly drop in credit card balances in over 30 years.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    September 9
    CUJ 090920 - CU CREDIT CARDS.jpeg
  • Court cases
    Legal win could position credit unions for more federal suits

    A recent victory for Navy Federal opens diversity jurisdiction to federally chartered credit unions, allowing them to more easily bring matters before federal courts.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    September 9
  • Earnings
    Measuring the pandemic's impact: 5 takeaways from NCUA's Q2 data

    A new report from the National Credit Union Administration shows how hard the industry was hit during the second quarter as businesses closed and consumer spending dropped.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    September 8
    CUJ 090420 - NCUA Q2 OVERALL (2).jpeg
  • Marketing
    To lure Gen Z, credit unions power up with online gaming

    Texas Trust Credit Union boosted loan volumes with a marketing tool inspired by “Game of Thrones,” but gamification strategies can be risky in light of data privacy concerns.

    By Henry Ren
    Reporter
    September 4
  • M&A
    Alabama One Credit Union to buy First Bank of Linden

    The purchase-and-assumption transaction, if approved, would become the first credit union-bank merger in Alabama.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    September 3
  • Diversity and equality
    Black recruitment tops agenda for African-American CU Coalition's new chair

    Larry Sewell has also pledged to continue a series of industrywide conversations on race relations.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    September 3
    Larry Sewell, vice president for corporate partnerships and advocacy at Together Credit Union
  • Compensation
    Pay rising fastest for credit union CEOs, chief lending officers

    A report from CUES shows total compensation growing for members of the C-Suite, but institutions on the smaller end of the asset spectrum — representing two-thirds of the total industry — face stark differences in median CEO pay.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    September 2
  • Student loans
    Credit unions could take a hit as pandemic alters college landscape

    Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    September 1
    CUJ-082720-STUDENTLOANS (1).jpeg
  • Payments
    CO-OP, Zelle partnership could bring P2P payments to small credit unions

    CO-OP, a credit union payments firm, has teamed with the fintech to expand usage of digital payments offerings. But it's unclear to what extent members want those services.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    September 1
  • Branch deals
    Sound Credit Union in Wash. buying branch from First Interstate

    The deal continues Sound's push into markets north of its Tacoma headquarters.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 31
    Don Clark, president and CEO of Sound Credit Union
  • Law and regulation
    Week ahead: Credit union events to stay digital well into 2021

    Industry groups are also pushing the federal regulator to improve how off-site examinations are conducted.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 31
    Capitol Hill, Washington D.C.
  • M&A
    PenFed set to absorb midsize Long Island credit union

    Members of Sperry Associates FCU will vote on a deal to merge into the nation's third-largest credit union. Both institutions have roots in serving the defense sector.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 28
  • Mortgages
    Credit unions fear planned GSE fee could cut into mortgage profits

    Refinancing has been one of the bright spots in a difficult year for lending, and the industry has concerns that a fee to be imposed by Fannie Mae and Freddie Mac could slow down the business.

    Jackie Stewart, executive editor
    By Jackie Stewart
    Executive Editor
    August 28
  • Paycheck Protection Program
    Sharp divide between large and small credit unions in PPP lending

    New analysis from S&P found that only two of the of the top 20 credit unions that participated in the Paycheck Protection Program loans had assets of less than $1 billion.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 27
  • Coronavirus
    As school year starts, credit unions on campus brace for a slowdown

    Institutions serving colleges and universities traditionally see membership surge in the fall, but are now planning for a decline as classes move online.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 27
  • Financial regulations
    What is Mark McWatters’ legacy at NCUA?

    The former chairman of the National Credit Union Administration served at the agency during a crucial time for regulatory reform and credit union growth, though his tenure also had its share of scandals.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 25
    Mark McWatters, former chairman of the National Credit Union Administration.
  • Mortgages
    Kasasa rolls out mortgage offering for credit unions

    The product, which is also aimed at community banks, includes a "take-back" option that allows consumers to withdraw extra funds they've paid that go beyond their monthly scheduled mortgage payment.

    nmn_author_Bonnie_Sinnock.jpg
    By Bonnie Sinnock
    Capital Markets Editor
    August 25
    NMN082420-MortgagesCUs.png
  • The latest postal banking plan gets it wrong again

    If Congress wants to provide better access to banking services for low-income and rural Americans, it would be wise to consider financial services partners that operate under a not-for-profit model.

    August 25
    Ryan Donovan
    Ryan Donovan
  • M&A
    Credit unions aim to resume bank-buying spree

    Whether the number of deals for 2020 can come close to last year's record-setting level will come down to one question: Can community banks generate strong enough profits in the second half to justify their independence?

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    August 25
    CUJ 082120 - CU-BANK (1).jpeg
  • Law and regulation
    Week ahead: Republicans poised to renominate Trump

    The GOP is unlikely to discuss much policy that affects financial services this week during its national convention, though there could be remarks addressing controversial changes to the U.S. Postal Service.

    Aaron Passman is editor of Credit Union Journal
    By Aaron Passman
    Editor
    August 24
    Capitol Hill, Washington D.C.
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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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