WASHINGTON – A bill introduced in the House this morning would provide a variety of regulatory measures for credit unions, but does not address the long-sought member business loan cap increase or the bid for supplementary capital.

HOUSTON – The former vice president of lending at Members Choice CU pleaded guilty yesterday to creating $340,000 of loans in unwitting members’ names that he used to pay his credit card bills, his taxes, and for home improvements, among other things.

ATLANTA – Digital Insurance, which acquired CUNA Mutual Group’s employee benefits book of business earlier this month, said it is rolling out a comprehensive new suite of ancillary insurance products to the credit union industry.

INDIANAPOLIS – Police are searching for a woman who was taped on surveillance cameras passing bad checks at the drive thru at eight different FORUM CU branches.

ALBUQUERQUE, N.M. – The CU Association of New Mexico on Thursday announced that Sylvia Lyon, its CEO since 2003, is retiring next March after 20 years of service with the league.

WICHITA, Kan. – Credit Union of America has adopted Financial Management Solutions Inc.’s Teller Management System to reduce its branch cost per transaction with an enhanced scheduling and reporting solution.

CARSON CITY, Nev. – Greater Nevada FCU signed with Fiserv to convert to the company’s Open Solutions DNA core processing solution, the third major DNA convert in the past two weeks.

WICHITA, Kan. – Meritrust CU has deployed Talari Networks’ Mercury APN (Adaptive Private Networking) WAN appliances across its 14 branch locations, corporate office and call center, which serves its more than 75,000 members.

ONTARIO, Calif. – Credit Union Direct Lending (CUDL) has surpassed 10,000 dealers in its network.

WASHINGTON – Longtime mortgage rates climbed more than half-a-percentage point this week – the highest one-week increase in 25 years – amid concerns the Federal Reserve will wind down its stimulus program.

MADISON, Wis. – A new study issued by the Filene Research Institute indicates that while executive ability is a major determinant for credit union success, a CEO’s personality may be more important.

WASHINGTON – Richard Metsger, the nominee for the NCUA Board, told the Senate Banking Committee this morning if confirmed by the full Senate he will be committed to reviewing the growing list of existing NCUA rules and regulations with a goal of “updating, simplifying, eliminating and clarifying” them.

RANCHO CUCAMONGA, Calif. -- CO-OP Financial Services is introducing Photo-OP by CO-OP, a new ATM/debit/credit card production service that enables credit union members to design their own cards with personal photos on the front.

SANTA MONICA, Calif. – TrueCar and Frost Financial Services, which provides GAP insurance services for more than 1,000 credit unions, announced a new online vehicle information service called Member Showroom.

TULSA, Okla. – A member of the “Hoover Crips” street gang on Wednesday was sentenced to 33 years and five months in prison for his role in a series of robberies, including the Sept. 16, 2011, heist at Tulsa Municipal Employees FCU of $164,000.

PHOENIX – Arizona State CU is celebrating July 4th with a display of all 27 congressionally approved versions of the U.S. flag at its headquarters.

NEW ORLEANS – The Louisiana CU League has launched an eight-week advertising campaign that will include TV, radio, billboard and online ads.

LOWELL, Mass. – M/A COM FCU, which moved to the historic mill buildings in downtown Lowell in 2005, is changing its name to Mills42 FCU as a nod to its heritage.

EAST LANSING, Mich. – Michigan State University FCU has signed an expanded financial deal with Oakland University that will provide grants and scholarships, on-campus ATMs and branches, and marketing deals.

PLACERVILLE, Calif. – A thief stole the identity of a Golden 1 CU member and used it to siphon all $141,000 out of his credit union account, which the thief then used to try to buy gold coins.