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ORLANDO, Fla. Fairwinds CU has signed with Vertifi Software LLC to offer the CUSOs DeposZip Mobile remote deposit capture (RDC) service to members.
February 3 -
BROCKTON, Mass. Crescent CU, this citys second-largest credit union, has agreed to merge Brockton Postal Employees CU, a one-time $13-million credit union with four straight years of losses.
February 3 -
MAPLE GROVE, Minn. TopLine FCU won a $294,000 affordable housing grant from the Federal Home Loan bank of Des Moines that will be used to provide 50 homeowners in Brooklyn Park which has been hit by a high rate of foreclosures make improvements to their homes.
February 3 -
AUGUSTA, Maine Maines credit unions rolled out a new, two-year awareness campaign this month called Now is the Time, which encourages consumers to take advantage of the many benefits that credit unions offer.
February 3 -
MADISON, Wis. Membership growth slowed last month from its record pace, but not until credit unions across the nation added a near all-time best of about 2.4 million members for the year, according to preliminary estimates by CUNA.
February 3 -
RALEIGH, N.C. State Employees CU on Friday said it will deposit $25 million into a charitable trust to benefit the National CU Foundation and the Carolinas CU Foundation.
February 3 -
WICHITA, Kan. Wall Streets leading lobby group told a federal appeals court Friday that numerous claims brought by NCUA against underwriters of failed securities sold to corporate credit unions some of them filed as many as seven years after the sale could have broad ramifications for the securities industry as a whole and should be rejected.
February 3 -
WASHINGTON Republican senators on Friday filed a bill that would block the Consumer Financial Protection Bureau from enforcing or implementing a host of new mortgage and credit card regulations until a new director is confirmed by the Senate intensifying the chess game over the fledgling consumer agency.
February 3 -
WASHINGTON Senate Republicans massed again today in opposition to the nomination to head the Consumer Financial Protection Bureau, insisting that President Obama agree to their terms for a five-person board to head the agency before they vote to confirm a director.
February 1 -
COLUMBUS, Ohio Last years merger of Southeast Corporate FCU into Corporate One FCU, creating one of four major surviving national corporate credit unions, was accomplished with up to $15 million of financial assistance from NCUA to help make up for potential shortfalls due to troubled Southeast investments.
February 1 -
NEW YORK A U.S. appeals court yesterday declined to hear a review of a lower courts preliminary approval of the landmark antitrust suit against Visa and MasterCard, insisting it wont hear the appeal until a final decision is rendered by the lower court.
February 1 -
SAN DIEGO Mitek Systems reported a $1.4 million loss for its fiscal first quarter yesterday, amid declining revenue related to last years split with insurance giant USAA.
January 31 -
MINNEAPOLIS FICO, maker of the ubiquitous credit score, reported a 22% decline in earnings for its fiscal first quarter to $23.4 million, affected by $2.2 million in restructuring and acquisition-related charges.
January 31 -
PURCHASE, N.Y. MasterCard on Thursday said fourth quarter earnings surged by 18% to $605 million, as worldwide transactions on its cards rose by 20%.
January 31 -
ALBUQUERQUE, N.M. New Mexico Educators FCU is paying members a $4 million special dividend, with members who maintained certain deposit loan balances and participated in the credit unions Earn Your Return program receiving payouts ranging from $25 to $1,000.
January 31 -
BOCA RATON, Fla. IBM Southeast Employees FCU has signed CBRE Group as its exclusive agency to manage its 16-property real estate portfolio of owned and leased office and branch facilities in Florida and Georgia.
January 31 -
ST. JOSEPH, Mich. United FCU has contracted with nCinco for the companys Bank Operating System nCommercial to improve efficiency and boost productivity and profitability gains.
January 31 -
WASHINGTON Mortgage rates moved higher this week as Treasury rates trended higher last week, according to Freddie Mac.
January 31 -
ROCHESTER, N.Y. Ukrainian FCU has acquired Ukrainian Home Dnipro FCU, a single-branch, $9-million Buffalo credit union.
January 31 -
CLEVELAND A local restaurant owner was sentenced to two years in prison on Tuesday and ordered to pay $1.7 million in restitution for taking out fraudulent loans from St. Paul Croatian FCU, the one-time $240-million credit union that collapsed in 2010 amid the biggest credit union fraud ever.
January 31