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SAN ANTONIO – The $350-million Air Force FCU has completed a merger with Peoples Choice of San Antonio FCU.
December 20 -
CLEVELAND, Ohio – Firefighters Community CU here is absorbing via merger tiny Lane Metropolitan CME Church Credit Union.
December 20 -
ST. LOUIS – A former employee of St. Louis Community CU has pleaded guilty to embezzling approximately $104,755 between July 2009 and May 2012.
December 20 -
BIRMINGHAM, Ala./TALLAHEASEE, Fla. – Members and MBLs are growing rapidly for CUs in Florida and Alabama.
December 20 -
BINGHAMTON, N.Y. – A mother and son responsible for a fraud scheme that stole $14 million from the former Broome County Teacher’s FCU have both been sentenced to prison.
December 20 -
LIVE OAK, Texas – Randolph-Brooks FCU reported it has returned more than $2.9 million to members as part of its Gold Cash Back MasterCard credit cards.
December 20 -
ADAWASKA, Maine – The Maine Credit Union League teamed up with the State of Maine and the World Acadian Congress 2014 to create a new commemorative license plate to mark the 2014 World Acadian Congress/Congres Mondial Acadien (CMA).
December 20 -
WATERBURY, Conn. – Waterbury CT Teachers FCU is coordinating contributions for a memorial fund established to honor a credit union member, one of the victims of the Newtown tragedy.
December 20 -
CINCINNATI – Maybe those festive red holiday bows on new cars should be green.
December 20 -
ALEXANDRIA, Va.–NCUA has filed suit in Federal District Court in Dallas against David Addison, the former CEO of Texans Credit Union, alleging Addison breached his fiduciary duty to members and was "grossly negligent" in his management of the credit union, which is now in conservatorship.
December 20 -
LOS ANGELES – NCUA has reached a negotiated settlement on civil negligence charges with former WesCorp FCU CFO Todd Lane, the last of what was once 19 defendants in the case.
December 20 -
WASHINGTON – Fannie Mae and Freddie Mac may have lost billions of dollars as a result of banks’ allegedly manipulating a benchmark that determines the price at which banks lend to one another.
December 19 -
WEST JORDAN, Utah – The Mountain America Swing for the Kids Challenge raised $100,000 for Primary Children’s Medical Center.
December 19 -
PLEASANTON, Calif. – November’s overall mortgage closing rate was 52.3%, down slightly from October, while HARP 2.0 is showing renewed traction, according to Ellie Mae’s Origination Insight Report for November.
December 19 -
BETHPAGE, N.Y. – Bethpage FCU’s Hurricane Sandy disaster relief fund has now raised more than $104,000 for the United Way of Long Island to support communities in need.
December 19 -
MORTON GROVE, Ill. – The $60-million Northwest Community CU has hired Jose Garcia as its new president and CEO.
December 19 -
CHICAGO – Nearly half of all American indicated in a new survey that they are living paycheck to paycheck.
December 19 -
WASHINGTON – The FDIC has released a progress report it said shows that better communication, technical assistance and more efficient information flow between bankers and examiners can have a significant impact in how community banks view their regulator.
December 19 -
WASHINGTON – Mortgage applications fell last week after interest rates edged up and consumers dialed back on refinancing.
December 19 -
WASHINGTON – Lawmakers yesterday pressed a Consumer Financial Protection Bureau official regarding problems with the credit reporting system raised in a major study released by the agency last week.
December 19