Americas

Palm Beach Gardens, Fla. — Florida Credit Unions Shared Services, Inc. (FCUSS), a CUSO providing the state of Florida with shared branching network services, announced a $551,753 patronage rebate and dividend to its participating CUs and stockholders.

Popular Inc. in San Juan, Puerto Rico, reported better-than-expected first-quarter earnings despite grappling with the higher costs associated with its acquisition of assets from the failed Doral Bank.

Carolina Premier Bank in Charlotte, N.C., has recruited Timothy C. Key to be its new chief lending officer and Carrington S. "Cash" Canada as its chief credit officer.

Jacksonville, Fla. — 121 Financial Credit Union has named Bruce Fafard as its new President and CEO, succeeding Bill Braddock, who had served as CEO of the $500 million CU for 28 years.

Signature Bank in New York is poised to start lending to city governments. The move is well-timed; the wind-down of GE Capital removes a competitor and provides Signature with a chance to buy assets and hire salespeople.

ST. PAUL, Minn. — City & County Credit Union has launched a new website designed to "enhance" its members' online experience. The $419 million CU said the new website was built "with responsive design" and features "intuitive navigation and a visually appealing design."

LAYTON, Utah — CUProdigy has announced that longtime President and CEO Charlie Fulks will step down later this year, and the hunt for a new leader has already begun.

Old National Bancorp in Evansville, Ind., missed first-quarter expectations as merger-related and streamlining expenses negated many of the benefits from recently completed acquisitions.

Saginaw, Mich. — Catholic Federal Credit Union said it recently received NCUA approval to add St. Mary's Medical Center of Michigan as a Select Employee Group.

TUSCALOOSA, Ala. — A legal battle involving Alabama One Credit Union, headquartered here, and the Alabama Credit Union Administration escalated Friday, as the credit union filed a petition in state court to void the regulator's recent actions.