SAN FRANCISCO – A federal court here agreed Friday to dismiss a member’s suit claiming that Star One CU violated consumer laws by the way it processes debit transactions, the seventh overdraft suit dismissed out of a total of nine filed against credit union since April.

SAN JOSE, Calif. – Dissident members of Technology CU don’t plan to stop at last week’s overwhelming defeat of the referendum to convert the credit union giant to a bank and are now aiming to remove the board of directors and management who led the failed conversion.

Tim Segerson, deputy director of NCUA's Office of Examination and Insurance, says it is critical for credit unions to have an understanding of how their shares will behave.

Bill McGuire, president of McGuire Performance Solutions, has some advice for credit unions looking to assess the potential volatility of their deposit base.

DALLAS – Just as Congress is poised to ease the proliferation of lawsuits over ATM fee disclosures, a new kind of legal peril is facing credit unions over the Americans With Disabilities Act and its newly effective requirement to make all ATM accessible to the blind.

ST. LOUIS – St. Louis Community CU has reached agreement with Central Bank of Kansas City engineered by the local chapter of the NAACP to buy the former Gateway Bank branch, which was the first and only minority-owned-and-managed financial institution in St. Louis for many years.

SEWARD, Neb. – The former manager, sole employee and a director of H.B.E. CU on Wednesday pleaded guilty to stealing more than $660,000 from the now-defunct credit union, which never reached $1 million in assets.

NORTH CHARLESTON, S.C. – South Carolina FCU raised $31,000 for Children’s Miracle Network Hospitals, which benefits the MUSC Children’s Hospital in Charleston and Palmetto Heath Children’s Hospital in Columbia.

MANCHESTER, N.H. – Bellwether Community CU has donated $10,000 to Manchester Community Music School.

TAMPA, Fla. – The University of South Florida Alumni Association has begun offering a USF FCU debit card to its 260,000 members, expanding its financial services program with the credit union.

VIENNA, Va. – Navy FCU plans to open a new branch in Savannah, Ga., a mile away from Hunter Army Airfield, to serve 8,000 members in the area.

GROTON, Conn. – Charter Oak FCU has begun construction on its $18-million, 65,000-square-foot headquarters and branch project in nearby Waterford.

WASHINGTON – Mortgage rates again declined to all-time lows, with the average for the benchmark 30-year loan slipping to 3.49% this week from 3.55% last week, according to Freddie Mac.

SAN JOSE, Calif. – Members of $1.6-billion Technology Credit Union resoundingly defeated a proposed charter change to a mutual savings bank – with 77% of those voting opposed to the conversion – much to the delight of those who wanted Tech CU to remain a credit union.

SAN JOSE, Calif. – Technology CU announced this evening that members overwhelmingly voted down a proposal to convert the $1.6 billion credit union to a mutual savings bank, which would have been the biggest credit union conversion ever.

CLINTON, Tenn. – The president of now-defunct Anderson County Employees FCU admitted stealing more than $242,000 from the courthouse-based credit union.

WASHINGTON – Illustrating the stalemate that has gripped Congress the past two years, the Senate failed to vote the credit union-backed ATM disclosure bill and pushed it aside until a brief session after elections, despite the overwhelming bipartisan support of the measure that passed the House 370-0.

WASHINGTON – The retail lobby, which has turned back credit card giants Visa and MasterCard, as well as the banks and credit union in recent battles, on Thursday called on Congress to continue efforts to regulate the card networks, as the merchants fight to scotch the historic antitrust settlement with Visa and MasterCard.

CHICAGO -- Two robbers made off with more than $140,000 from a 71-year-old retired Chicago Transit Authority worker who was delivering the money to a credit union in a bus garage here this morning.

ALEXANDRIA, Va. – NCUA announced that Gigi Hyland, whose six-year term on the NCUA Board expired in August 2011, is resigning from the three-member panel on Oct. 5.