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Overdraft usage at all financial institutions dropped to its lowest point in the last 14 years at the close of the second quarter, according to a new study by Moebs $ervices.

NCUA has released state-level data for federally insured credit unions at mid-year as part of its Quarterly U.S. Map Review. Here are some of the findings.

LAKE BLUFF, Ill.—Overdraft usage at FIs dropped to its lowest point in the last 14 years at the close of the second quarter, according to a new study by Moebs $ervices.

DETROIT—NCUA said this afternoon the Michigan Department of Insurance and Financial Services liquidated Craftsman CU and appointed the federal credit union agency as liquidating agent for the one-time $44 million auto workers credit union, the year’s 12th failure.

DUBLIN, Ohio – ASI Inc., the only surviving private insurer of credit union deposits, announced this afternoon a Special Premium Assessment for 2013 of 7.5 basis points.

Loan growth continues to pick up at credit unions, but it is a slow crawl, according to the latest analysis in CUNA Mutual's Trends Report.

For the first time since 2008, loan growth at credit unions has exceeded deposit growth, while net worth ratios have also hit a five year-high.

ALEXANDRIA, Va.--Mid-year data for credit unions released by NCUA today show strong loan growth and net worth that is at highest point since 2008.

MADISON,, Wis. – The Filene Research Institute received a $700,000, 30-month grant from the Ford Foundation to develop and implement an accessible financial services incubator. The incubator will test, package and scale innovative, viable financial products that benefit low-and-moderate-income consumers, according to Filene.

TORONTO – Davis + Henderson said this morning it raised $690 million to help fund its $1.2 billion acquisition of Harland Financial Solutions with an offering of subscription receipts and convertible bonds.

NORTH CANTON, Ohio – Diebold reported a second quarter loss this morning of $98.6 million, amid a 5% decline in revenue and growing legal problems.

CINCINNATI – Fifth Third Bancorp said it has agreed to sell another five million shares of Vantiv, the one-time Fifth Third Processing Solutions it took public two years ago, at a pretax gain of about $85 million.

SAN ANTONIO – Harland Clarke Holdings Corp., the world’s biggest check printer, reported that second quarter losses increased to $22.8 million amid costs related to billionaire Ronald Perelman taking the company private a year ago.

ATLANTA – First Data Corp. reported a 20% surge in second quarter losses to $189.1 million this morning, as debt service incurred from its 2007 leveraged buyout by Kohlberg Kravis Roberts, one of the biggest LBOs ever, continued to erase all of its substantial operating profits.

WASHINGTON – CUNA has asked NCUA to consider suspending its annual corporate bailout assessments next year as losses on the remnants of the five corporate failures continue to decline.

Credit unions continued to chop loan reserves and prune their expenses in the first half of the year by slashing cost of funds-the dividends they pay to members-to maintain the record net income of the past two years.

Credit unions must now pay attention to an increasingly volatile long end of the yield curve, as well as to the stability of core deposits.

One analyst predicts a slow and gradual rise in interest rates in the remainder of the year, accompanied by a marked increase in mortgage lending.

LAS VEGAS – The economic turnaround continues to improve the fortunes of some of the country’s hardest hit credit unions.

TUKWILA, Wash. – BECU, the nation’s third-largest credit union, reported a 53% surge in midyear earnings to $109.6 million, fueled by a slashing of provision for loan losses and a cut in cost of funds.