WASHINGTON – President Obama is expected later today to nominate Richard Cordray, director of the fledgling Consumer Financial Protection Bureau who was seated last year as an abbreviated recess appointee, to a full term heading the new agency.

CRANSTON, R.I. – O.M. Financial Group said it has entered into a partnership with MassMutual Trust Co. to offer a program that seeks to address both rising employee benefits costs while also increasing investment earnings potential for credit unions.

MT. VERNON, Ill. – A suspect in two local robberies, including a Dec. 10 holdup at Jefferson County Schools CU, was charged along with his wife in the credit union job.

ST. LOUIS – The Federal Reserve on Wednesday announced that Glenn Barks, president of First Community CU in Chesterfield, Mo., has been appointed chairman of the St. Louis Fed’s Community Depository Institute Advisory Council.

WARMINISTER, Penn. – Freedom CU has introduced a free mobile banking service that includes mobile remote deposit capture.

BROOKFIELD, Wis. – Fiserv said six credit unions have selected its OnCU account processing platform, and multiple integrated Fiserv solutions for online banking, bill payment, credit and debit processing and mobile access.

JACKSON, Miss. – Members Exchange CU has signed with Kasasa to offer the company’s free checking and savings rewards accounts.

WEST JORDAN, Utah – Mountain America CU promoted Chad Curtis, who has worked in finance for nine years, first as accounting manager, then as controller, to executive vice president and chief financial officer for the $3.4-billion credit union.

TULSA, Okla. – A robber was shot yesterday while exchanging gunfire with a security guard at a Tulsa Teachers CU branch.

HERNDON, Va. – DigitalMailer and the Filene Research Institute have launched a pilot that will develop online brochures for credit unions, part of a larger project by Filene to reduce the paper used by credit unions.

HARBOR, Ore. – NCUA said the December failure of Chetco FCU, a one-time $375 million credit union, is projected to cost the agency $76.5 million in losses, making it one of the costliest credit union failure ever.

KNOXVILLE, Tenn. – A 22-year-old man was sentenced today to 45 years in prison for shooting to death a member of TVA Employees CU and firing on several other members outside the credit union in December 2010.

ALEXANDRIA, Va. – Credit unions are riding a crest of improving asset quality and the attendant fall in loan loss reserves to produce record net income for 2012, another sign of the improving economy.

HOUSTON – Just as you thought suits over ATMs would abate because of new disclosure rules, a new kind of ATM suit alleging violations of the Americans With Disabilities Act’s access for the blind requirements is popping up in several states.

HENDERSON, Ky. – A man charged with last week’s robbery at Green River FCU is believed to be responsible for a July holdup at the same credit union and as many as eight other robberies.

WENATCHEE, Wash. – Wenatchee Valley FCU has signed with Geezeo to implement the company’s integrated, white-label personal financial management system.

WESTERLY, R.I. – Westerly Community CU said the winner of its $5,000 Savings Challenge is Leonora Cacabelos of Bradford, R.I.

GREENSBORO, N.C. – First Carolina Corporate CU has signed with LendingTools.com to deploy the company’s Correspondent Gateway, providing member credit unions with ACH origination, management and processing services.

APPLE VALLEY, Minn. – Wings Financial CU on Tuesday said it has implemented Financial Management Solutions, Inc.’s Lobby Tracking System to better track key sales, service and productivity metrics in the credit union’s lobby.

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