MADISON, Wis. – CUNA Mutual Group said it is terminating 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 alternatives.

MEDFORD, Ore.—Navy FCU has the greatest social media impact among credit unions, according to a new report from the Financial Brand.

LOS ANGELES – CU Wallet, the fledgling mobile payments platform for credit unions, announced this morning it has signed with Paydiant, 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.

WASHINGTON—U.S. consumer credit rose by 5.5% ($13.6 billion) in August for a total of $3 trillion borrowed during that month including nearly $260 billion borrowed from credit unions—an increase of $3.4 billion over July, according to a report released yesterday by the Federal Reserve.

DOVER, Del. – Del-One FCU has deployed Geezeo’s personal financial management solution into its home banking service.

MENLO PARK, Calif. – Reach FCU has introduced CheckAlt’s Batch, which consolidates electronic files from multiple origination points such as ATMs, mobile, branch, merchant, and teller transactions.

MELBOURNE, Fla. – Space Coast CU gave away $20 gas cards at the Deltona Circle K convenience store Friday as part of an anniversary celebration serving the community.

TAMPA, Fla. – Grow Financial FCU said it is the first financial institution in Florida to adopt new video teller services for its members, to be located at its new Wesley Chapel branch.

RALEIGH, N.C. – State Employees’ CU has implemented VSoft Corp.’s ATM Capture at its 1,100 ATMs, the nation’s biggest fleet of ATMs.

CHICAGO – Great Lakes CU will pick up a branch in nearby Willow Springs with the acquisition of Chicagoland Electrical Industry CU, a struggling one-time $22-million credit union.

TUSCALOOSA, Ala. – A local real estate developer was charged with several frauds, including a check kiting scheme that cost Alabama One CU almost $1.3 million in losses.

MADISON, Wis. – The Filene Research Institute’s i3 innovations program has proposed nine new ideas, including a national network that helps credit unions sell repossessed cars, a web application to track milestones for homebuyers and a mobile app that helps members determine the future value of their savings for retirement planning.

WASHINGTON – Community development credit unions are lobbying the Treasury Department to change the rules of its new Community Development Financial Institutions Bond Guarantee program to allow credit unions to use the funding as secondary capital, just as the number of eligible CDCUs has more than doubled over the past year.

BOULDER, Colo. – Boulder Valley CU is one of the first credit unions to offer person-to-person mobile services over iPhone and Andrioid using Tyfone’s new integration with Acculynk.

ARLINGTON, Va.--The Federal Financial Examination Council (FFIEC) is warning FIs that Microsoft Windows will discontinue support for its Windows XP operating system next year--a move that could have an adverse effect on institutions still relying on XP.

RAPID CITY, S.D.— The snow storm that walloped several Great Plains states last week with 3.5 feet of heavy snow has some CUs in this town still closed or opening late today.

Big banks are now holding the line on free checking.

OCTOBER

Navy FCU Opens Its First In-Store Branch At Safeway

While now may not be the right time to convert card bases to EMV, CUs should be building a roadmap for how they will make the switch.