PITTSBURGH – The manager of defunct Holy Redeemer Parish FCU was indicted on charges of stealing more than $100,000 from the tiny church credit union that never reached $1 million in assets.

CHICAGO – In what likely was the first credit union conference at which there was live participation from three continents, singer/musician Daria Musk told credit unions they are authentic organizations, which matters because “authenticity is the new currency.”

CHICAGO – Cory Booker, the mayor of Newark N.J., who is widely credited with leading a revival in that poverty and crime-ridden city, said he sees great parallels between the credit union business model and what has helped him to make improvements in his city.

SAN ANTONIO – Security Service FCU has launched two bilingual TV commercials promoting its services as “how banking’s supposed to feel.”

HOUSTON—About 7,300 members of El Paso Corp FCU, which was forced into a merger because of the last year’s takeover of its corporate sponsor, will share in a $9.5 million merger dividend after the combination of the $125 million credit union with First Service CU.

ORLANDO, Fla. – Passersby can be seen craning their necks this morning to look up at an 80-foot mural of a killer robot from outer space wrapping itself around the Fairwinds CU offices, a promotion for the new “Transformers” ride debuting this summer at nearby Universal Studios.

WASHINGTON – The White House announced this morning it plans to nominate 11-term Democratic Rep. Melvin Watt, a strong credit union supporter, to head the Federal Housing Finance Agency, which regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks.

WASHINGTON – U.S. Senate FCU has chosen LendKey, known until recently as Fynanz, to provide it with a platform to offer private student loans and private student loan consolidations through its cuStudentLoans program.

SANFORD, Maine – York County FCU said Jim Nelson, CEO of the $200-million credit union who began work at the credit union as the branch manager of the Saco office 22 years ago, retired Tuesday.

OGDEN, Utah – Goldenwest CU has implemented Bluepoint Solutions’ mobile deposit functionality to its mobile apps, which are available for Android, iPhone, iPad and iPad mini devices.

ALEXANDRIA, Va. – NCUA banned Sharon Broadway, the 61-year-old manager of United Catholic CU, for a two-decade embezzlement of $2.6 million, one of three CEOs of tiny credit unions banned for theft yesterday.

MONETT, Mo. – Jack Henry & Associates reported a 23% increase in net income for its fiscal third quarter, fueled by a 10% rise in third quarter revenue.

DES MOINES, Iowa – Dwolla, a credit union-backed money transfer company, yesterday said venture capital firm Andreessen Horowitz has committed $16.5 million in new funding.

GREEN, Ohio – ATM maker Diebold on Tuesday said it plans to cut 700 jobs as part of a multiyear global restructuring to cut up to $150 million in costs, after it fell back into the red to the tune of $13.5 million for the first quarter.

SAN ANTONIO – Harland Clarke Holdings Corp., the world’s biggest check printer, reported it broke into the black for its first quarter, even as its core checks business continues to decline in the face of electronic transactions.

BROOKFIELD, Wis. – Fiserv reported an 11% decline in first quarter net income to $117 million, due to costs associated with its acquisition of Open Solutions Inc.

CHICAGO – Why are some people and some teams so consistent in making creative things happen again and again, and others are not?

CHICAGO – America may “run on Dunkin,” but what gets America running to Dunkin’ Donuts?

NEW YORK – Nassau Educators FCU, Long Island’s third-largest credit union, on Tuesday unveiled a new TV commercial to mark its new branding campaign, called “Better banking because we’re not a bank.”

SAN DIEGO – CUSO Financial Services said this afternoon it is partnering with TRUST, to offer the credit union mutual fund family managed by Callahan Financial Services to its credit union customers.