Ray Birch

First Commerce Credit Union in Tallahassee, Fla., has agreed to buy First National Bank of Crestview in Florida.

TALLAHASSE, Fla. — Credit unions continue to buy banks, with First Commerce CU here entering into a purchase and assumption agreement with First National Bank of Crestview.

ALEXANDRIA, Va. — Robert Scott has dedicated much of his life to helping credit union members, serving on Pentagon FCU's board of directors for the last 28 years.

DENVER — The need for more financial institutions to step up and serve the marijuana industry could not be more clear to Michael Elliott.

BENSENVILLE, Ill. — The operations of Bensenville Community CU have been temporarily suspended by the Illinois Division of Financial Institutions.

MADISON, Wis.—Compared with banks, credit unions are excelling at providing quality products and service, which is keeping consumers happier and more satisfied.

WASHINGTON — CUNA and NAFCU are watching the House Financial Services Committee closely today, hoping the panel votes not only to provide regulatory relief for credit unions, but also approves a legislative amendment that could delay implementation of NCUA's risk-based capital rule.

CHUBBUCK, Idaho — Police believe they have identified the man who walked into ISU Credit Union last weekend, displayed a gun and tied up two employees before leaving with an undisclosed amount of money.

RANCHO CUCAMONGA, Calif. — CO-OP Financial Services is expanding its popular THINK initiative, adding a series of four free regional one-day events to go along with its annual conference.

JACKSON, Miss.—To effectively manage a credit union's social media presence, staff can't look at the time clock.

ALEXANDRIA, Va. — Robert Scott has dedicated much of his life to helping credit union members, serving on Pentagon FCU's board of directors for the last 28 years.

OLYMPIA, Wash. — William Paulen has been named president and CEO of Generations Credit Union here.

SAN DIEGO — Financial institutions this year have shown greater interest in marketing to "mobile-only" consumers, and mobile deposit is becoming the preferred way to load prepaid cards and deposit checks.

DES MOINES, Iowa — Thanks to host card emulation (HCE), tap-and-go may well become the primary way consumers pay with their phones at the point of sale.

NCUA's civil money penalties are having the agency's desired effect on late call report filers, according to two credit unions that filed late in April and have paid their fines.

LAS VEGAS — Ed Templeton, president and CEO of SRP FCU in North Augusta, S.C., has been elected chairman of NAFCU's board of directors.

BOSTON — Consumers believe credit unions and banks do a better job of protecting their financial data than retailers, according to a new global study from ACI Worldwide and Aite Group.

BLOOMFIELD, N.J. — It's great to be named one of the best places to work in New Jersey for the last four years, but what XCEL FCU likes even better is the business that satisfied employees drive.

WASHINGTON — Credit unions and NCUA have kicked the tires on the risk-based capital proposal during the first two "Listening Sessions" that have seen healthy — and sometimes heated — exchanges between the regulator and CUs.

SYLVANIA, Ohio — Inspired by millionaire Jason Buzi who has been hiding envelopes in major U.S. cities stuffed with $100 for strangers to find, one credit union is doing something similar in a few small towns that have been battered by the recession.