LOS ANGELES – A federal court today dismissed civil negligence charges against Todd Lane, who had been chief financial officer of WesCorp FCU, as NCUA approved an out-of-court settlement with the last of what was once 16 defendants in the case sprung out of the collapse of the $34 billion corporate credit union.

RANCHO CUCAMONGA, Calif. -- CO-OP Financial Services released a new iPad App for CO-OP Mobile this morning that allows iPad tablet users to connect to their personal account status and history as well as credit-union-hosted web pages for information on rates or services.

MIAMI – The FBI said it arrested two of the three armed suspects who assaulted the Jetstream FCU branch at Mercy Hospital here early last Thursday morning disguised in green hospital scrubs and plastic hairnets.

Credit unions received a big splash of free ink from financial advice website NerdWallet.com in its recent "CEO Series on Small Business Lending."

First Tech FCU, the credit union for Microsoft Corp., said it has introduced a new Windows Phone mobile banking application, the first credit union in the U.S. to introduce a native Windows Phone mobile banking app complete with integrated mobile deposit and bill pay functionality.

In an effort to better understand its members and engage in new relationships, the University of Kentucky Federal Credit Union (UKFCU) is in the process of upgrading its online banking portal to handle a wider array of transactions, services and administrative functions.

While Microsoft's Windows 8 was designed to enhance the PC experience with a touch screen and tablet-friendly application, adoption rates have been slow, especially with credit unions.

RICHMOND, Va.-The Virginia CU League and the state's CUs last week launched a statewide awareness campaign that focuses on social media outlets to educate consumers 18 to 35 about the benefits of banking at credit unions.

Several credit union executives and individual credit unions were presented with awards and honors during the annual meeting of the CUNA Marketing & Business Development Council.

BCU Named To 'Care' Honor Roll

Hundreds of credit unions have quietly qualified for relief from regulatory restrictions on member business loans and raising supplementary capital through NCUA's low income program, even as Congress continues to hold up decade-long requests for regulatory relief.

More than 15,000 runners participated in the 41st running of the Credit Union Cherry Blossom Ten Mile Run here among the capital's monuments and blooming cherry trees.

After collecting almost 6,000 signatures on a petition aimed at changing the NCUA Board nomination process, Co-Ops for Change said it will enter a new phase with an announcement this week.

NEW YORK-A federal court here ordered Standard & Poor's to produce all records related to $72 million of failed mortgage-backed securities CUNA Mutual Group bought from RBS Securities and any documents that may show the Wall Street investment bank's alleged efforts to coerce or pressure the rating agency into providing high ratings on the doomed MBS.

Saying that today it takes the checking account AND the payment card to become a member's PFI, CO-OP Financial Services shared advice on tuning up card portfolios.

WASHINGTON - CUNA last week urged Congress to expand the NCUA Board from its current three members to a total of five and to lift prohibitions meant to keep the regulator from getting too cozy with credit unions - a provision allowing only a single member to have recent CU experience.

CO-OP Financial Services Declares $25M Dividend

SEATTLE-Saying the majority of CUs need to dig deeper into the use of analytics with their cards portfolios, two experts are offering data analysis strategies and tactics that are working.

Facebook as a lending platform? Shastic has developed just such a solution for Facebook says yes. And it is working with a number of credit unions to do just that.

A bonus session has been added to Credit Union Journal's Grow Show on health insurance exchanges as a potential revenue source for credit unions.