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KANSAS CITY, Mo. Kansas City CU has named Eric Jones, a former executive at Mazuma CU, as president and CEO of the $24-million credit union.
March 31 -
BETHALTO, Ill. Don Reedy, president and CEO of 1st MidAmerica CU, will retire at the end of May, ending a 35-year career with the $482-million credit union.
March 31 -
INDIANAPOLIS Eli Lilly FCU has signed with Mortgage Cadence LLC to implement the companys Symphony loan solution this spring.
March 31 -
ALEXANDRIA, Va. NCUA on Friday banned Crystal Lankford, former CEO of H.B.E. CU, from the credit union industry for her criminal conviction of stealing $636,000 from the tiny Seward, Neb., credit union.
March 31 -
GREENSBORO, N.C. Summit FCU has introduced a promotion aimed at helping members transfer loans from high-cost predatory lenders to the credit union.
March 31 -
WILIMINGTON, Del. Lawyers for billionaire financier Ronald Perelman last week told the Delaware Chancery Court the owner of MacAndrews & Forbes Worldwide did not shortchange other shareholders of M&F Worldwide when he bought up the M&F shares he did not own and took the parent of check printing giant Harland Clarke private in 2011.
March 31 -
LANSING, Mich. A member of Lake Trust CU is the winner of MasterCards 2012 Priceless New York Sweepstakes and he and his wife will enjoy a four day, three night trip to New York City, as well as a show, dinner, guided tour, a $2,000 MasterCard gift card and $7,500 cash--all valued at $22,500.
March 29 -
DALLAS The former CEO of Texans CU rebutted NCUA allegations that his negligence caused the failure of the one-time $2 billion credit union, being run under NCUA conservatorship the past two years.
March 29 -
HOUSTON The former vice president of lending at Members Choice CU was charged yesterday with 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.
March 29 -
PHILADELPHIA Philadelphia FCU has agreed to pay $50,000 to help sponsor the first the first Parx Casino Philly Cycling Classic this summer.
March 28 -
DANA POINT, Calif. The eighth annual California and Nevada CUs for Kids Wine Auction raised $500,000 for the 1 Childrens Miracle Network Hospitals in the two states.
March 28 -
MAPLE GROVE, Minn. TopLine FCU has joined Hennepin Technical College and Brooklyn Park Campus in a seven-year study funded by the U.S. Department of Education tracking students academic performance, college preparation, enrollment and achievement.
March 28 -
HARTFORD, Conn. Hartford Healthcare FCU on Thursday said it has contracted with Covera, a unit of the CU Association of New York, for both credit and debit/EFT processing.
March 28 -
WAUKEGAN, Ill. Consumers CU has implemented Anderas oFlows paperless platform for account opening and loan applications.
March 28 -
FERNDALE, Mich. Credit Union ONE has opened a new Member Contact Center, which it said will help provide a higher level of service to its members.
March 28 -
WASHINGTON Mortgage rates tipped up this week amid an expanding housing market, according to Freddie Mac.
March 28 -
BUCHAREST, Romania Law enforcement agencies in Europe, America and Australia arrested 70 suspects in a Romanian-based ATM skimming ring that allegedly used bogus ATM cards to drain nearly $3 million from credit union and bank accounts around the world.
March 28 -
ALEXANDRIA, Va. NCUA yesterday reduced its projections for future corporate credit union assessments and estimated this years assessments will be between eight and 11 basis points, or $800 million to $1.1 billion.
March 28 -
OLYMPIA, Wash. Legislation that would allow state chartered credit unions to pay their directors has moved through the Senate and is advancing towards a vote in the House, as credit unions around the country look for new ways to recruit members of their boards.
March 28 -
PLEASANTON, Calif. Patelco CU, which suffered website downages after two hacker attacks, said this morning it hired a new chief information officer who will be responsible for information technology and information services at the $4 billion credit union.
March 28