Marcus Schaefer, CEO of Truliant FCU, explains why having followers is not always ideal.

Arp Trivedi, manager of administration with Motion Federal Credit Union, explains how Motion FCU makes itself look larger.

NAPLES, Fla. – ACI Worldwide, which acquired S1 Corp. last year, announced this morning it has completed the acquisition of Online Resources Corp., the provider of payments services to of 1,000 credit unions, banks, billers, credit card issuers, and other credit and payment service providers, for $126.6 million in cash.

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

WOODBURY, Minn. – Arnold Paulson, the one-time head of Swift Employees CU and subsequent longtime president of the North Dakota CU League, passed away March 6 at 84.

SOUTH BURLINGTON, Vt. – NorthCountry FCU has signed with IQR Consulting to have IQR’s data analysts review its portfolio performance.

FAIRBORN, Ohio – Wright-Patt CU, which last year added 50 employees to deal with rapidly growing mortgage lending, plans to add another 68 jobs this year.

WARMINISTER, Penn. – Freedom CU has awarded a week’s vacation at the New Jersey shore as part of its personal loan sweepstakes.

PLEASANTON, Calif. – 1st United Services CU has signed with Geezeo to offer the company’s white label personal financial management service to its members.

SALT LAKE CITY – A man was arrested Friday after he took a taxi to Mountain America CU, robbed the credit union, and then got back into the cab to make his attempted escape.

ALBANY, Ga. – HeritageBank of the South, a former credit union-turned-mutual savings bank, on Friday agreed to purchase Frontier Bank, a $260-million LaGrange, Ga., bank shuttered by the FDIC and the fourth bank failure acquired by the one-time credit union.

JACKSONVILLE, Fla. – The alleged leader of an interstate tax fraud that encompassed at least five local tellers at VyStar CU on Friday was sentenced to 15 years in prison for his involvement in fraud that encompassed the theft of at least 185 identities and refund checks totaling almost $600,000.

WASHINGTON – One week into sequestration, credit unions that serve federal employees affected by the across-the-board government spending cuts say they are still only seeing limited demand for assistance – at best – from their memberships.

NASHVILLE, Tenn. – The Tennessee state legislature last week approved a bill that will allow state chartered credit unions to pay their volunteer directors.

TAMPA, Fla. -- Card Services for CUs is offering credit union members the ability to capture data on every Visa credit and debit card transaction made with VisaVue Online, a web-based tool that offers a variety of options for analyzing credit and debit cardholder usage.

SAN ANTONIO – A man in his 60’s was arrested yesterday and charged with draining more than $200,000 from the Air Force FCU account of an 88-year-old longtime friend.

NEW YORK. – CUNA Mutual Group’s CUMIS Insurance filed a motion in federal court yesterday asking the court to enforce a subpoena seeking documents from Standard & Poor’s regarding the Wall Street agency’s review of $72 million of faulty mortgage-backed securities the credit union insurer bought from RBS Securities.

BEARCREEK, Mont. – Bob Wakenshaw, a longtime government worker who served on the board of Spokane FCU the past 43 years, died at his home last week at 82.

TUCSON, Ariz. – A suspect who police believe robbed a Pyramid FCU branch on Feb. 28 has died from a self-inflicted gunshot in Cochise County.

ALLEN PARK, Mich. – Rivers Edge Community CU said it has signed with the Mortgage Center CUSO to provide its members with mortgage financing services.