MARSHALTOWN, Iowa – Two members of Lennox Employees CU are scheduled for trial on charges of spending $13,000 the credit union erroneously deposited into their account.

WASHINGTON – NCUA and the banking regulators last week were asked by lawmakers to set new rules allowing credit unions and banks to provide financial services to drug trades in states that have legalized marijuana use.

ALEXANDRIA, Va. – NCUA said new bonds to be issued by Fannie Mae that will allow investors to share the risk of homeowner defaults will not be permitted by federal credit unions.

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.

ALBUQUERQUE, N.M. – Sandia Laboratory FCU said Chris Jillson, its president and CEO since 1990, is retiring next March as head of the $2 billion credit union.

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.

A selection of images featuring credit unions' efforts in their communities.

CARIBOU, Me. – Kenneth Hensler, CEO at The County FCU—where his father served as director long before his hiring—has announced his retirement from the $190 million credit union, the state’s tenth largest.

HAWTHORNE, Calif. – SkyOne FCU, the $350 million former FAA employees’ credit union, will pick up a Gardenia branch with the merger of $20 million AM FCU.

SAN DIEGO – Symitar, a division of Jack Henry & Associates that provides integrated technology platforms for credit unions of all sizes, announced the completion of its brand refresh initiative.

ST. PAUL, Minn. – MnIPC, an item processor owned by the Minnesota CU Network, has acquired ProDraft Services, a North Dakota CUSO that provides correspondent and EFT processing solutions.

ARLINGTON, Texas – A man who used a bomb threat to rob Educational Employees CU last Saturday was himself robbed of the $5,000 moments after he fled the credit union.

DUBUQUE, Iowa – DuTrac CU is opening a branch inside Davenport’s West High School on Monday.

RENO, Nev. – United FCU, a Michigan credit union that gained a foothold here with the 2010 acquisition of Clearstar FCU, this week broke ground on a new, 6,500-square-foot branch.

ROCK ISLAND, Ill. – RIA FCU broke ground on a new corporate center, which will include executive offices along with back office departments and a full-service branch.

WASHINGTON – Mortgages rates moved higher this week amid recent data pointing to signs of a stronger economic recovery, as well as positive news coming from the housing and manufacturing sectors, according to Freddie Mac.

PETERSBURG, Va. – The NCUA Board is expected to vote next week on a bid by Peoples Advantage FCU to expand its community charter to serve 1.3 million people in metropolitan Richmond.

COLUMBUS, Ohio – State Transportation Employees Credit Union is branching out with a new name and brand, Bridge Credit Union, as it seeks broader markets.

SAN ANTONIO – Police arrested a man and charged him with forgery and exploitation of an elderly person because he allegedly tried to cash three checks on his grandmother’s account at Alamo FCU without her knowledge.

NEW YORK – JP Morgan Chase, the second-biggest provider of student loans, said it is exiting the market, leaving a huge opening in the burgeoning market for credit unions.