Overdraft revenue in 2012 made a strong comeback, a sign that the consumer service is here to stay and is on its way to post record revenue numbers for financial institutions by 2016.

After record earnings in 2012, $3.8-billion Patelco Credit Union has installed "The Member Giveback" for qualified members in 2013.

Brooks FCU is seeing impressive product penetration rates with new members.

An increasing reliance on fees and other revenues from its member business loan portfolio sent Telesis Community CU spiraling toward insolvency as a growing number of the one-time $615-million credit union's MBLs went sour, according to a report issued last week by NCUA's Office of Inspector General.

Two Calif. CUs Are Liquidated

Michael M. Bell, attorney and counselor with Howard & Howard, tells readers how to begin tackling the challenges of buying a bank.

Credit Union Journal's Frank J. Diekmann discusses co-op principles to cooperative endings.

Harry Stephens, president/CEO and founder of DATAMATX, explains how to "stamp out" the rising cost of postage and mailings.

A selection of images featuring credit unions’ efforts in their communities.

MIAMI – The FBI on Friday announced a suspect was arrested and charged in connection with the Jan. 17 armed robbery of a Brink’s armored truck at a Space Coast CU branch in Sunrise.

LOGAN, Ohio – An employee of Atomic CU was arrested and charged with theft and safecracking in relation to $6,000 missing from the credit union’s cash vault.

GARDINER, Maine – Gardiner FCU has named Vicki Lemieux, who has held the position of Loan/Collections Manager at the credit union for a number of years, to be president and CEO of the $36-million credit union.

LIVE OAK, Texas – Randolph-Brooks FCU has installed Andera’s oFlows for online account opening and lending.

DEER PARK, Texas – Shell FCU has implemented Financial Management Solutions, Inc.’s, Teller Management System.

DENVER – In a case with ramifications for future purchase and assumption deals, a federal court here last week dismissed a suit by Security Service FCU against First American Mortgage Funding over alleged fraudulent mortgages it made for New Horizons Community FCU.

FRESNO, Calif. – Fresno Police Department CU has become the first credit union this year to convert to private deposit insurance, provided by Ohio’s ASI Inc.

INDIANAPOLIS – Finance Center FCU has agreed to acquire Horizon One FCU, a troubled, one-time $72-million General Motors employees’ credit union.

NEW YORK – Standard & Poor’s last week told a federal judge that CUNA Mutual Group’s efforts to gain access to volumes of records related to the rating of some $72 million worth of troubled mortgage-backed securities purchased by the credit union insurer amounts to a “fishing expedition” that should be denied by the court.

PITTSBURGH – Former police Chief Nate Harper will plead guilty to charges that he conspired to steal police funds deposited into unauthorized police credit union accounts and failed to file federal tax returns from 2008 to 2011, his attorneys said Friday.

PITTSBURGH -- A federal grand jury indicted recently ousted Pittsburgh police Chief Nate Harper this afternoon for conspiracy to take public money he allegedly laundered through the Greater Pittsburgh Police FCU.