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BURBANK, Calif. Logix FCU, the former Lockheed employees credit union, has signed a long-term service and maintenance contract for its 38 ATMs with FTSI of Monrovia, Calif.
July 14 -
DES MOINES, Iowa More than 40 credit unions in Iowa and Nebraska have contracted with CoOportunity Health to offer health insurance options for individuals, families and businesses starting this fall as part of efforts to address the Affordable Healthcare Act, or Obamacare.
July 14 -
CHICAGO An ex-convict faces a lengthy return to federal prison after last week being found guilty of a 2011 armed robbery of $135,000 from Illiana Financial CU.
July 14 -
COLUMBUS, Ohio Telhio CU has introduced an Owner Rewards Program it says correlates account values with benefits.
July 14 -
LOS ANGELES A federal court on Friday denied a request by NCUA to reconsider a March ruling dismissing the vast majority of $491 million of claims against Goldman Sachs for mortgage-backed securities the Wall Street bank sold to corporate credit union failures U.S. Central FCU and WesCorp FCU, the latest in a growing list of losses for NCUAs corporate suits.
July 14 -
HOUSTON A prolific plaintiffs lawyer filed a new slew of lawsuits in recent days, alleging credit unions are violating the Americans With Disabilities Act provisions requiring ATMs be accessible to the visually impaired.
July 14 -
YUMA, Ariz. NCUA filed a civil suit yesterday against one of the borrowers in the AEA FCU member business loan fraud, seeking more than $9 million on unpaid loans.
July 12 -
BOSTON NCUA said this morning it is building a new risk-based capital framework tailored to protect the industry from losses.
July 12 -
WASHINGTON Senate Majority Leader Harry Reid threatened yesterday to pursue the so-called nuclear option as soon as Tuesday and bypass the Senate minoritys ability to filibuster presidential appointments, in an effort to move to a vote on the nomination of Richard Cordray to a five-year term as director of the Consumer Financial Protection Bureau.
July 12 -
CLEVELAND A federal judge Wednesday sentenced a local businessman to 42 months in prison for his role in the 2010 collapse of St. Paul Croatian FCU, the 11th member imprisoned for the massive fraud.
July 11 -
TROPHY CLUB, Texas Police are searching for a suspect who robbed the DATCU CU inside a Tom Thumb supermarket yesterday.
July 11 -
ARVADA, Colo. Sooper CU will break ground next week on a 4,000-square-foot branch here that will allow the credit union to remodel the existing branch to better serve as its corporate office.
July 11 -
NASHVILLE, Tenn. A former Fort Campbell inspector whose job was to investigate misconduct has been accused of stealing the identities of Army personnel, including a soldier killed in combat, in a scheme to obtain thousands of dollars in loans from Fort Campbell FCU and Navy FCU.
July 11 -
RICHLAND, Wash. Gesa Credit Union has begun construction on two branches, one to replace an existing facility in Pasco, the other a new service center in Richland.
July 11 -
MADISON, Wis. The National Credit Union Foundations Development Education (DE) program has named two people and one organization as winners of awards.
July 11 -
BOSTON At NAFCUs Annual Conference here the trade group brought together three generations of its leaders.
July 11 -
WASHINGTON Mortgage rates resumed their climb this week, after they declined last week for the first time in six weeks, according to Freddie Mac.
July 11 -
WASHINGTON A bipartisan group of senators proposed legislation that would reinstate the Depression-era Glass-Steagall Act, separating commercial banking from investment banking.
July 11 -
WASHINGTON House Republicans on Thursday proposed legislation that would eliminate Fannie Mae and Freddie Mac within five years and all but remove the government guarantee on mortgages, putting it at odds with a Senate bill tackling the issue.
July 11 -
PLANO, Texas Catalyst Corporate FCU said it plans to roll out an agent loan participation program, now that NCUA has finalized its new regulations on participations.
July 11
