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INDIANAPOLIS – Eli Lilly FCU has signed with The Members Group to offer the company’s new fraud text alerts to its members, a mobile banking service available to the cardholders of TMG’s clients.
December 2 -
JACKSONVILLE, Fla. – Jax FCU plans to open a new branch in the town of Mandarin after the first of the year.
December 2 -
MANASSAS, Va. --Police are looking for one or more suspects who placed a skimmer on a Navy FCU ATM here.
December 2 -
TROY, Mich. – Michigan Catholic FCU said Friday it has agreed to merge with Dearborn’s First Catholic CU, creating a $410 million faith-based credit union with serving 40,000 members at nine branches to be known as Alliance Catholic CU.
December 2 -
WICHITA, Kan. – NCUA urged a Federal court here Friday to reject a request by JP Morgan Chase to stay its suit against the Wall Street bank for the failure of U.S. Central FCU and WesCorp FCU, arguing a stay would risk the elimination of key documents in the case and delay the potential payout of hundreds of millions of dollars in damages to credit unions.
December 2 -
SEATTLE – A federal court approved CUNA Mutual Group’s motion to enforce a subpoena to produce due diligence documents related to $72 million in failed residential mortgage-backed securities for which it is seeking recovery.
December 2 -
ALEXANDRIA, Va. – The Center for Responsible Lending, a consumer advocacy funded by Self-Help CU, called on NCUA last week to set new guidelines that would severally restrict credit unions’ ability to charge members overdraft fees.
December 2 -
DERBY LINE, Vt. – State regulators this afternoon shuttered tiny Border Lodge CU, a $3.4 million credit union located near the Canadian border that is the year’s 19th credit union failure.
November 30 -
ALEXANDRIA, Va. – The former CEO of Arkansas Employees FCU was banned from the credit union industry by NCUA this afternoon for stealing $500,000 from a member which she used for her own investment.
November 30 -
CHICAGO – More than 60 members took advantage of First Financial CU’s Black Monday Loan Sale allowing the members to apply for and sign for unsecured loans on their mobile devices.
November 30 -
NEW YORK – Visa told a federal judge yesterday not to grant a stay in final approval for the landmark antitrust settlement, saying a delay would injure millions of merchants waiting for their share of the $7.2 billion payout.
November 30 -
CHICAGO – Polish & Slavic FCU said it has signed almost 9,000 new members and added more than $100 million in deposits after expanding three years ago to the Windy City from its Brooklyn, N.Y., base.
November 29 -
INDIANAPOLIS -- FORUM CU introduced a new rewards checking account, YOUR checking, and features no monthly fees, no minimum balance, free online banking.
November 29 -
WASHINGTON – Mortgage rates edged up slightly this week, but remained near record lows, according to Freddie Mac.
November 29 -
EAST LANSING, Mich. – Michigan State University FCU has agreed to acquire Eaton County Educational CU and build a new branch in Charlotte to serve the ailing $33 million credit union’s membership.
November 29 -
KYLE, S.D. -- The first credit union on the Lakota, or Sioux Pine Ridge Reservation opened its doors for business Wednesday.
November 29 -
WASHINGTON – Assuring the fight over financial reform will continue into the next Congress, House Republicans this week named Jeb Hensarling, the five-term House member and leading opponent of the Dodd-Frank Act, as chairman of the House Financial Services Committee when the 113th Congress convenes in January.
November 29 -
SPRINGFIELD, Mo. – BluCurrent CU is offering a 0% Holiday Loan of up to $1,000 for 12 months.
November 29 -
ALEXANDRIA, Va. – The NCUA Board is expected at next week’s meeting to approve two large community charters, one for Atlantic FCU in New Jersey and the other for The Focus FCU in Oklahoma.
November 29 -
FORT WAYNE, Ind. – Three gunmen forced their way into a ProFed FCU branch Thursday morning, battered and bound the employees, and shot off their weapons inside, before escaping with an undetermined amount of cash.
November 29