MADISON, Wis. – Credit unions are being urged to reach out to members for a new national savings lottery, SafeYourRefund Sweepstakes, which will reward one tax saver with a $25,000 grand prize.

PLANO, Texas – Catalyst Corporate FCU announced it will roll out an agent loan participation program in the next few weeks that will connect credit unions that want to sell loans with those that want to purchase an interest in a loan pool.

ONTARIO, Calif. – The California Credit Union League and CURoots Cooperative are in discussions to transfer ownership of CURoots to the California League Services Corporation.

MONETT, Mo. – Jack Henry & Associates on Tuesday reported a 5% increase in second quarter net income to $40.5 million, fueled by a 9% rise in revenue for the period, despite costs related to flooding from Hurricane Sandy.

BROOKFIELD, Wis. – Fiserv, fresh off its acquisition of Open Solutions Inc., reported a 25% rise in fourth quarter earnings to $179 million, despite a slight decline in revenue.

MARSHALLTOWN, Iowa – Lennox Employees CU has selected Sharetec System for its new core data processing system.

LAWRENCEVILLE, Ga. – Gwinnett FCU yesterday announced that it is entering its 52nd year of service with a new name, Peach State FCU, to better reflect its membership base and footprint in Georgia.

BURBANK, Calif. – Logix FCU, formerly Lockheed Employees FCU, on Tuesday said it is paying its members a $5.5 million loyalty dividend.

EL CENTRO, Calif. – Sun Community FCU has named Dale Johnson, its executive vice president and chief financial officer the past two years, as president and CEO of the $285-million credit union.

PHILADELPHIA – Police and Fire FCU on Tuesday said it has renewed its relationship with First Data and the STAR Network.

FORT WAYNE, Ind. – 3Rivers FCU has signed with Hyland Software to implement the company’s OnBase enterprise content management solution.

HOLLYWOOD, Calif. – First Entertainment CU has joined with CU Realty Services LLC to use the CUSO’s turnkey, Web-based active lead channel.

RAPID CITY, S.D. – Black Hills FCU is the first credit union to use the newly announced integration of Integrated Media Management’s Teller Item Capture TIC 2.0 with Fiserv’s Source Capture Solutions technology.

CLEVELAND – A federal judge this morning sentenced local financier A. Eddy Zai to seven years and three months in prison for his role in the massive loan fraud that caused the 2010 collapse of St. Paul Croatian FCU.

LOS ANGELES – The Justice Department’s suit against Standard & Poor’s targets several failed credit union deals among the more than two dozen collateralized mortgage obligations, or CDOs, the Wall Street agency allegedly rated falsely, causing two of the biggest credit union failures ever, WesCorp FCU and Eastern Financial Florida CU, the only two credit unions authorized to buy CDOs.

LOS ANGELES -- The U.S. Department of Justice filed suit last night against Standard & Poor's, alleging the firm ignored its own standards to give high ratings to mortgage bonds sold to WesCorp FCU and other investors that created billions of dollars of losses.

SCRANTON, Penn. – Jerome “Jerry” McAllister of Dunmore, longtime president and CEO at Tobyhanna Army Depot FCU, died last Thursday at the Regional Hospital of Scranton.

SIERRA VISTA, Ariz. – American Southwest CU held a grand opening for its expanded offices, a two-story addition to its original building, adding 14,000 square feet of new space.

PLEASANTON, Calif. – 1st United Services CU has signed with Vertifi Software LLC to offer its popular DeposZip Mobile remote deposit capture (RDC) service to members.

CARSON CITY, Nev. – Carson High School now has its own “Senators” debit card for student checking accounts, designed by students through a contest held by Greater Nevada CU, which has a branch inside of the high school.