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DENVER A former assistant branch manager at Credit Union of the Rockies was sentenced yesterday to five years in a community corrections facility and ordered to pay $275,795 restitution for stealing from the credit unions Black Hawk branch where she worked to help finance her gambling at local casinos.
April 30 -
ENDICOTT, N.Y. Visions FCU, the one-time IBM employees credit union, announced this morning that Tyrone Muse, chief financial officer at nearby Hudson Valley FCU, another former IBM credit union, was hired as CEO of the $3.2 billion credit union.
April 30 -
RANCHO CUCAMONGA, Calif. CO-OP Financial Services announced this morning it is rebranding the CU Service Centers shared branch network and its swirl logo and signage it acquired in a 2012 merger with Financial Service Centers Cooperative with the CO-OP Shared Branch signage over the next two years.
April 30 -
ATLANTA First Data Corp. said it hired Frank Bisignano, co-chief operating officer at JP Morgan Chase, as its CEO, as losses continued to mount from its huge 2007 leveraged buyout by Kohlberg Kravis Roberts & Co.
April 30 -
SAN JOSE, Calif. FICO, maker of the ubiquitous credit score, reported a 12% rise in second quarter revenue to $179.3 million but an 8% drop in net income to $18.5 million, after expenses related to the companys move from Minneapolis to Silicon Valley.
April 29 -
ST. PAUL, Minn. Deluxe Corp reported a 4% rise in first quarter earnings to $45.9 million, even as its core check printing business continues to diminish.
April 29 -
TORRINGTON, Conn. Northwest Hills CU has signed to implement the eFraud Prevention cloud based/hosted service for member fraud education.
April 29 -
AUSTIN, Texas Amplify FCU has installed Rise Performance Groups CheckPoint 360 leadership training and development system for job applicants.
April 29 -
TITUSVILLE, Penn. Marilyn Beer is retiring as CEO of Oil Country FCU today, after 36 years with the $17-million credit union.
April 29 -
BALTIMORE Technology vendors across the country are taking steps to both caution client credit unions and reassure them regarding a rumored DDoS attack planned for May 7.
April 29 -
CORINTH, N.Y. Hudson River Community CU has moved into a new, $3-million operations center here.
April 29 -
SUITLAND, Md. Andrews FCU has selected 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.
April 29 -
GROTON, Conn. Scient FCU has licensed Harland Financial Solutions PhoenixEFE core processing solution.
April 29 -
ALBANY, N.Y. SEFCU, which has branches in the Syracuse and Binghamton areas, announced a donation of $250,000 for the upcoming Upstate Cancer Center in Syracuse to help fund advanced-patient treatments.
April 29 -
CHICAGO American consumers have come to expect some sort of reward with the plastic cards they used, as evidenced by the barrage of non-stop advertising by the national card programs.
April 29 -
WICHITA, Kan. A federal judge yesterday agreed to delay further proceedings in eight different NCUA suits against Wall Street banks over the failure of the corporate credit unions until the U.S. Court of Appeals for the Tenth Circuit has decided whether NCUA filed the civil claims too late to satisfy the statute of limitations.
April 29 -
OLYMPIA, Wash. The state Division of CUs has approved requests from state chartered credit unions to buy key-person insurance, also known as bank-owned life insurance, a popular retirement benefit held by banks known as BOLI, absent specific regulatory approval.
April 29 -
NEW YORK-A video billboard touting the credit union difference was unveiled for millions of viewers in Times Square last week and will run through CUNA's annual America's Credit Union Conference, being held in New York City June 30 through July 3.
April 29 -
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In an unusual move, AllSouth FCU, whose members have been solicited for their account numbers over the past few weeks, has filed a civil suit against the unknown perpetrators in an attempt to stem the expanding phishing attacks.
April 29