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SACRAMENTO, Calif. – State regulators said the second quarter saw a continued increase in loan delinquencies and loan losses and of troubled institutions among California’s credit unions.

ALEXANDRIA, Va. – NCUA reported yesterday that loan growth for the second quarter was less than 0.1% while shares continued to grow at a strong 1.5% rate, as consumers hoarded their savings amid the continuing economic downturn.

MONETT, Mo. – Jack Henry & Associates reported net income rose 12% for its fiscal fourth quarter, to $27.8 million, fueled by a 5% rise in sales for its support and service operations, which includes ATM/debit card processing, bill pay and other transaction processing services.

DENVER – Payments giant First Data Corp. said that high finance expenses related to its 2007 takeover by buyout fund Kohlberg Kravis Roberts continues to weigh on its bottom line, pushing the company to a $195.9 million loss for the second quarter.

NEW YORK – Citigroup has become the first of the major card issuers to start adding annual fees to some existing credit card accounts in an effort to offset the effects of new laws cracking down on certain credit card practices.

SAN DIEGO – Mitek Systems, the provider of image analytics and mobile document capture systems, said revenues fell for its fiscal third quarter, helping create a loss of $240,000, compared to a $40,000 profit for the same period last year.

WASHINGTON – The FDIC shut down $25 billion Colonial BancGroup on Friday, the biggest bank closure so far this, and three other smaller institutions, making a total of 78 bank failures in 2008.

ALEXANDRIA, Va. – NCUA reported Friday it has approved several more mergers of ailing credit unions, those reporting losses or no growth, or both.

LAS VEGAS — Utah-based America First CU expanded its presence in this market last week after NCUA arranged a purchase-and-assumption following the liquidation of $159-million Community One FCU.

LAS VEGAS — In last week's NCUA takeover of Community One FCU there was little doubt the troubled credit union's net worth ratio was far below the critical level set under NCUA's minimum capital rules.

BIRMINGHAM, Ala. — Is the record number of CU liquidations in 2009 a reflection of regulatory agencies acting quickly-or too late?

ATLANTA – The Federal Home Loan Bank of Atlanta reported yesterday that net income for its second quarter soared 78% to $191.7 million.

BOSTON – The Federal Home Loan bank of Boston said yesterday that losses on its private-label mortgage-backed securities created a $4.2 million loss for its second quarter.

SEATTLE – The Federal Home Loan Bank of Seattle, struggling with low capital, said yesterday it lost another $34.3 million in the second quarter as a result of charges related to its investments in mortgage-backed securities.

PITTSBURGH – The Federal Home Loan bank of Pittsburgh said yesterday that losses on its mortgage-backed securities pushed net income for its second quarter down 40%, to $32.1 million, compared to the second quarter last year.

LAS VEGAS – NCUA said this morning it has closed down Community One FCU, the state's eighth-largest credit union which has been struggling amid the troubled Nevada real estate market, and the remnants of the troubled institution have been acquired by Utah credit union giant America First FCU.

LAS VEGAS – NCUA said this morning it has closed down Community One FCU, the state's eighth-largest credit union which has been struggling amid the troubled Nevada real estate market, and the remnants of the troubled institution have been acquired by Utah credit union giant America First FCU.

SEATTLE – The Federal Home Loan Bank of Seattle was classified by federal regulators as ‘undercapitalized’ for the first quarter, the bank said in a regulatory filing Friday.

SAN FRANCISCO – The Federal Home Loan Bank of San Francisco said a $168 million gain from derivatives and other financial instruments pushed net income up 30%, to $303 million, for the second quarter of 2009.

SAN FRANCISCO – In an effort to emphasize the credit union difference to its members, San Francisco Fire CU is planning to create a new member capital accounts.