AUGUSTA, Maine – Trademark FCU has named Joann Bisson, its chief operations officer the past four years, as president and CEO of the $80-million credit union.

ST. JOSEPH, Mich. – Honor CU has agreed to acquire SIR FCU, an $80-million credit union with three locations in the Upper Peninsula: Negaunee, Marquette, and Gwinn.

SOUTH PORTLAND, Maine – Town and Country FCU is proposing to build a 40,399-square-foot office project in nearby Scarborough that would serve as office space for the credit union’s lending, accounting, collecting and marketing offices.

HIGHLAND RANCH, Colo. – State regulators on Friday approved an application from Red Rocks CU for a community charter serving a sprawling field of membership covering 1.4 million residents of Arapahoe, Douglas and Jefferson counties.

INDIANAPOLIS – Indiana Members CU last week rolled out its new local television advertising campaign “Why Go Anywhere Else,” featuring former Indianapolis Colts player Gary Brackett.

LANSING, Mich. – Credit unions throughout Michigan will participate in a “cash mob” Tuesday, offering coupons and other financial inducements for consumers to shop locally as part of their celebration of International Credit Union Week.

ST. PETERSBURG, Fla. – The winner of the second annual PSCU KnockOut Innovation Summit, GTE Financial’s “Delta Force,” has created an app that will enable consumers to easily switch their current banking relationships to a credit union.

WASHINGTON – A proposed overhaul of the National Flood Insurance Program introduced by the Federal Reserve last week would start to move back toward the private market, with credit unions and banks required to provide an alternative to the government program that has dominated the market for the past four decades.

CLEVELAND – A federal judge last Friday dismissed a suit against NCUA by a small church claiming the credit union regulator unfairly denied its $1.5-million insurance claim in the spectacular 2010 failure of St. Paul Croatian FCU, the biggest credit union fraud ever.

WASHINGTON-Credit unions remain leery about proposed federal guidelines for social media, saying-among other complaints-requirements to include disclosures on federal deposit insurance would take up too many of the 140 characters that Twitter limits for tweets.

WASHINGTON-Showing that bipartisanship is not impossible in the critically split Congress, a group of Republican and Democratic House members called on the Federal Housing Finance Agency last week to maintain-not lower-the conforming loan limits for Fannie Mae and Freddie Mac because of the potential harm it would cause the mortgage market.

PRINCETON, N.J.-Young adults look at cars today the same way they view their smartphones-quickly evolving technology used for a short period and tossed away for a newer model.

MADISON, Wis.-CUNA Mutual Group has pulled the plug on its life savings insurance program, once offered to tens of thousands of credit union members across the nation, as more CUs seek ways to cut expenses and provide other insurance product alternatives.

LOS ANGELES-CU Wallet, the fledgling mobile payments platform for credit unions, announced last week that it has partnered with Paydiant-a provider of a white-label mobile payments, offer redemption, loyalty and cardless cash access platform for banks and retailers-to power its mobile wallet offering.

To celebrate International Credit Union Week, Credit Union Journal presents its annual "A Day In The Life Of Credit Unions Project." On Aug. 15, participating credit unions around the U.S. shot photographs of events at their credit unions. In this issue we feature the best of that daily CU spirit.

To celebrate International Credit Union Week, Credit Union Journal presents its annual "A Day In The Life Of Credit Unions Project." On Aug. 15, participating credit unions around the U.S. shot photographs of events at their credit unions. In this issue we feature the best of that daily CU spirit.e

MADISON, Wis.-As the Consumer Financial Protection Bureau wraps up implementing its voluminous mortgage rules in January, credit unions should not expect any respite from the compliance burden.

MADISON, Wis.-Credit unions are advised to keep an eye on PayPal, because while it's not currently a threat to credit unions, it could be soon.

WASHINGTON-Though the first 24 months under the Durbin Amendment were not as difficult as many credit unions had predicted, what really has the movement concerned is the next two years.

Fort Smith Dixie Cup FCU staff pay attention to their membership and the transactions that flow through their office for signs of elder financial abuse.