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SAN JOSE, Calif. – Technology CU has launched its new mobile check deposit service, which it said is an enhancement to the credit union’s mobile banking application for iPhone and Android smart phones.
November 5 -
BENSENVILLE, Ill. – A former mortgage officer who stole $179,000 from Bensenville Community CU and spent some of the money on tickets to a Jay-Z concert and an extreme cage-fighting match yesterday was sentenced to two months in the county jail and to pay restitution.
November 5 -
MAPLE GROVE, Minn. – TopLine FCU is opening its own insurance agency that will offer home and auto insurance.
November 5 -
MADISON, Wis. – CUNA Mutual Group said it and State National Companies, its partner on collateral protection insurance, are joining with Akcelerant, a provider of connected software technology, to improve CPI collections activities for credit unions.
November 5 -
NEW YORK – American Express, which is both a customer and competitor of Visa and MasterCard, on Friday filed a formal objection to the landmark antitrust settlement with the two card networks, saying if approved it could preclude AmEx from pursuing its own legal remedies against Visa and MasterCard.
November 5 -
CLEVELAND – Real estate developer A. Eddy Zai on Monday pleaded guilty to bribing the CEO of St. Paul Croatian FCU to obtain $19 million in fraudulent loans, helping precipitate the 2010 collapse of the $240-million credit union.
November 5 -
ALEXANDRIA, Va. – Pentagon FCU said its wholly owned Prudential PenFed Realty CUSO has acquired another full service realtor, Prudential Coastal Properties, a Florida-based agency serving the Panhandle from Pensacola to Panama City.
November 5 -
MIAMI – Shutts & Bowen, LLP, announced this afternoon it has hired Francois Henriquez, the former general counsel at U.S. Central FCU who headed the failed corporate credit union under NCUA conservatorship, to work in its credit union practice.
November 5 -
HUNT VALLEY, Md. -- Rick Webb, who built Atlantic Financial FCU into one of the biggest credit unions in northern Maryland, is retiring after 20 years as CEO of the now-$100 million credit union.
November 5 -
MINNEAPOLIS – FICO, the maker of the ubiquitous credit score, reported a 14% decline in fourth quarter earnings to $21.2 million, even while revenues rose 16% during the period to $186.1 million.
November 4 -
BOSTON – First Marblehead Corp., a provider of a private label student loan platform which acquired credit union student lender Cology last month, reported a loss of $13.9 million for its fiscal first quarter.
November 4 -
AUSTIN, Texas -- Greater TEXAS FCU introduced its free mobile app for Android and iPhone last week.
November 4 -
MANCHESTER, N.H. – St. Mary’s Bank won a contract to install two ATMs in Manchester-Boston Regional Airport, an hour north of Boston.
November 4 -
BOWIE, Md. – NASA FCU has been approved to serve 120,000 members of the American Association for the Advancement of Science and 261 affiliates serving 10 million scientists in fields ranging from plant biology to dentistry.
November 4 -
CLEVELAND – Authorities on Friday charged Aziz Ukshini, the owner of Hard Rock Crushing Ltd.; and Azmet Inc., with obtaining $2.8 million in 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.
November 4 -
OSHKOSH, Wis. – CitizensFirst CU said Friday it has acquired Chatter Yak!, LLC a CUSO providing outreach and marketing to young people.
November 4 -
MARSHALLTOWN, Iowa -- Doctors have released the Marshalltown Police officer who suffered a gunshot wound to the leg during a police chase following Friday morning’s armed robbery at Lennox Employees CU.
November 4 -
WASHINGTON – While interest group left and right, red and blue, will pursue a partisan majority in Congress in tomorrow’s elections, the one thing that drives CUNA and its unprecedented financial participation in 60 of 70 open congressional seats is the aim for a solid credit union majority in the next Congress.
November 4 -
NEW YORK – Credit unions around the county were reaching out over the weekend to needy members and employees, donating emergency aid for Hurricane Sandy relief and doing what they do best--offering special loans to begin the rebuilding after last week’s devastating storm.
November 4 -
MARSHALLTOWN, Iowa – A police officer was rushed to the hospital this morning after he was shot by one of two suspects fleeing an armed robbery at Lennox Employees CU.
November 2