The loss of U.S. Central marks the end of an important era in our nation's credit union movement.

The credit union movement is based on the principle of democratic governance by members. It is a wonderful melding of free enterprise and the ideals that underpin our democracy. But that was not evident in the Technology CU conversion.

SALT LAKE CITY – A Mountain America CU employee last week was charged with stealing about $27,250 from member accounts.

LAREDO, Texas – A federal grand jury last week indicted two men and a woman on fraud-related charges after authorities found more than $600,000 worth of fake credit union and bank money orders linked to two defendants.

SAN ANTONIO – River City FCU has introduced a bilingual mobile banking app, rcitymobile, which offers service in English and Spanish and is available in both the Apple Apps Store and Google’s Play store.

HUNT VALLEY, Md. – Atlantic Financial FCU has added the Maryland Horse Breeders Association as a select employee group.

YORK, Penn. – First Capital FCU has introduced a new loyalty program that rewards members over the age of 26 for use of cards and services, and longevity of membership.

PHOENIX – Arizona State CU said it has saved its members more than $2 million in annual costs, with the average member saving $369 on monthly mortgage payments, through the government’s Home Affordable Refinance Program, or HARP 2.0.

PHILADELPHIA – A career drug dealer who was sentenced to 25 years in prison Friday revealed evidence that led authorities to a $2.3-million embezzlement by the CEO of Borinquen FCU, which collapsed earlier this year amid the scheme, prosecutors said Friday during a sentencing hearing for the drug dealer.

ALEXANDRIA, Va. – NCUA said it approved another 70 credit unions for low-income status over the past month, making more than 620 approved since the August push to expand the exemptions available under the LICU designation, including the exemption from the member business loan cap.

NEW YORK – Attorneys for five named plaintiffs in the antitrust suit against Visa and MasterCard withdrew from the case Friday after their clients walked away from the landmark deal they helped craft.

This week marks International Credit Union Week and with it comes a Credit Union Journal tradition: A Day in the Life of Credit Unions. Participants around the U.S. and the world all shot photos of events at their CUs on the same day.

This week marks International Credit Union Week and with it comes a Credit Union Journal tradition: A Day in the Life of Credit Unions. Participants around the U.S. and the world all shot photos of events at their CUs on the same day.

This week marks International Credit Union Week and with it comes a Credit Union Journal tradition: A Day in the Life of Credit Unions. Participants around the U.S. and the world all shot photos of events at their CUs on the same day.

This week marks International Credit Union Week and with it comes a Credit Union Journal tradition: A Day in the Life of Credit Unions. Participants around the U.S. and the world all shot photos of events at their CUs on the same day.

BISMARCK, N.D. – The former manager of a tiny credit union, nearby Glen Ullin CU, has pleaded guilty to the theft of $130,000 of members’ funds over a 24-year period, one of the longest-running credit union embezzlements unearthed.

NEW YORK – A majority of the 19 named plaintiffs in the Visa/MasterCard antitrust suit expressed their opposition to the deal this morning, hours before the settlement is expected to be filed with the federal court here.

COLUMBIA, Mo. -- A St. Louis man was arrested Wednesday morning in connection with two credit union robberies that occurred in Columbia over the summer, one at Academic Employee CU, the other at Columbia Municipal CU.

HARRISBURG, Penn. – Separate members of People First FCU and of Diamond CU are winners of the Pennsylvania CU Association’s iBelong Tailgating contest, winning a pair of tickets to see the NFL’s Philadelphia Eagles game.

SOUTH BEND, Ind. – Teachers CU is implementing FrontRange’s HEAT Cloud Hybrid IT Service Management solution.