ALEXANDRIA, Va. – NCUA said it will provide up to $1.18 million in grants to low-income credit unions as part of the 2013 Community Development Revolving Loan Fund (CDRLF) Grant Initiative.

JACKSONVILLE, Fla. – Lender Processing Services has released its “first look” mortgage report, which shows the percentage of first mortgage loans that are 30 or more days past due but not in foreclosure has dropped below 6.5% for the first time since July 2008.

ORLANDO, Fla. – CFE Federal Credit Union has acquired the naming rights to the UCF Arena used by the University of Central Florida.

LAS VEGAS – The Consumer Financial Protection Bureau’s mission – to protect consumers – is a “great one,” but Michael Benoit says the “problem” is the manner in which the CFPB is carrying out its business.

ARLINGTON, Va. – NAFCU has issued a statement saying it disagrees with a recent Federal Reserve report’s findings that the exemption for small debit card issuers from interchange fee standards is working as designed.

ALEXANDRIA, Va. — NCUA this morning liquidated the seventh credit union of the year by shutting down Electrical Workers #527 CU in Texas City, Texas.

FAIRFIELD, Ohio – Wright-Patt Credit Union here has become the first financial institution in the greater Dayton region to adopt new video teller services for its members.

MOUNTAIN VIEW, Calif. – A new survey suggests credit unions and community banks are overpaying for technology by not negotiating better with IT providers.

BOSTON – A recent Aite Group survey confirmed what many FIs have suspected – consumers age 65 and older have little interest in mobile banking.

MILWAUKEE, Wis. – Two creative would-be robbers used matching cars at a drive-through and a bomb threat to try to pull off a heist at Educators CU here.

LOWELL, Mass. – NMTW Community CU is lining up with a new name for this fall: Align CU.

FARMINGTON HILLS, Mich. – Community Choice Credit Union said its foundation has now made more than $500,000 in scholarships to students “committed to ending Michigan’s brain drain.”

DES MOINES, Iowa and RANCHO CUCAMONGA, Calif. – Security Service FCU, San Antonio, has partnered with The Members Group (TMG) and CO-OP Financial Services for processing of the $7-billion credit union’s credit card portfolio.

CHICAGO – An analysis by TransUnion found the national credit card delinquency rate declined to .69% during the first quarter of this year, down from .73% last year.

SAN FRANCISCO – Two major banks have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller of the Currency.

WASHINGTON – Federal Reserve Board Chairman Ben Bernanke on Wednesday told lawmakers his concerns about the financial stability risks from historically low interest rates have “increased a bit” and the central bank continues to factor such concerns into policy decisions.

LAS VEGAS – Indirect lending is a “different business today” than it was five or six years ago, largely due to technology, according to CU Direct Corporation’s Tony Boutelle.

MOORE, Okla. – The branch manager who led more than 20 people to safety inside the vault of the now destroyed branch of Tinker FCU here said the noise from the tornadoes was overwhelming, as were the painful air pressure changes.

BAKERSFIELD, Calif. – Declining capital has led Tehachapi Federal Credit Union to opt to merge into Kern Schools FCU.

ARLINGTON, Va. – The Consumer Financial Protection Bureau (CFPB) and NASCUS have signed a memorandum of understanding (MOU) to build on the foundation of state and CFPB coordination and cooperation for the supervision of state-chartered credit unions.