MUNCIE, Ind. – A man convicted over a year ago of the 2009 armed robbery of $250,000 at Industrial Centre CU, one of the largest bank robberies ever in Indiana, was sentenced Friday to 20 years behind bars.

SAN JOSE, Calif. – Alliance CU has picked up a new San Jose branch with the acquisition of Electric FCU, a one-time $14 million credit union that has been in the red for the past four years.

SAN JOSE, Calif. – A state court is scheduled to hear arguments Thursday on whether Technology CU should be required to turn over a members list to dissident members seeking to block the $1.6 billion credit union’s conversion to a bank—the day after credit union is expected to announce the results of a member vote on the conversion.

BATTLE CREEK, Mich. – In the latest illustration of how hard it is to start a new credit union, Inspire Community Development FCU has agreed to merge into giant First Community FCU, just two years after the opening of the CDCU.

Harland Financial Solutions is focused on six topic areas: compliance, mobility, payments, advisory banking, scalable efficiency and "smart sourcing.

ALEXANDRIA, Va. – NCUA said this afternoon it gave away IBM laptop computers to 14 small credit unions in order to help them file quarterly financial reports with the credit union regulator, as part of its Small CU Initiative.

WASHINGTON – The banking lobby is irate over NCUA’s exemptions for more than 550 credit unions from the congressional member business loan cap just as Congress is poised to once again defeat the credit unions’ efforts to raise the cap.

LATHRUP VILLAGE, Mich. -- Michigan First CU has signed with Millennial Vision Inc. to deploy the company’s electronic document management software system.

ALEXANDRIA, Va. – Pentagon FCU has opened a new branch at Pentagon City, the office and shopping mall development across the street from the Pentagon.

BIRMINGHAM, Ala. – Mutual Savings CU to implement the company’s First Line of Defense – Fraud Detection and Loss Prevention Challenge, an online exercise designed to keep staff focused on the latest frauds.

LAKELAND, Fla. – MidFlorida CU has signed with Fiserv to convert is core processing to the company’s Acumen with in-house delivery.

WICHITA, Kan. – Meritrust CU has implemented Financial Management Solutions Inc.’s Teller Management System.

WASHINGTON – Mortgage rates held steady this week near all-time lows, with the continuing economic turmoil in Europe, combining with the troubles at home to keep a lid on rates, according to Freddie Mac.

ALEXANDRIA, Va. – The NCUA Board is expected to approve a new permissible investment for federally insured credit unions at next week’s monthly meeting, Treasury Inflation Protected Securities, or TIPS.

ENDICOTT, N.Y. – Visions FCU, the former IBM employees still trying to survive the mass lay-offs of the past decade, has turned to a new kind of member business loan, private housing for college students.

WASHINGTON – Lawmakers are racing against next week’s close of the congressional sessions and trying to break free the credit union-backed bill to eliminate the dual fee disclosures required at ATMs.

WASHINGTON – Congressional credit union supporters are seeking a way to get the member business loan measure through Congress in the final days of this year’s session, with the chances of an up-or-down vote on the bill itself fading fast.

PSCU is partnering with Google to make Google Wallet available to credit unions. The goal is to keep credit unions top of wallet — and top of mind — with members as payment solutions converge.

SAN JOSE, Calif. – Members of Tech CU were scheduled to meet in a special meeting last night to debate and vote the $1.6 billion credit union’s conversion to a mutual savings bank, the biggest credit union conversion to date.

ANCHORAGE -- Developer Lee Baker, Jr., known locally as “The Condo King,” was pled guilty yesterday to lying to Denali Alaskan FCU to obtain as much as $9.4 million in member business loans.