SANTA ROS, Calif. – Authorities arrested a man and his son-in-law last Thursday afternoon after a brief chase following an armed robbery of $50,000 from the Redwood CU branch in nearby Point Arena.

SAGINAW, Mich. -- Donald Gallant, who served 43 years on the board of Catholic FCU, died last week at 88.

YPSILANTI, Mich. – Community Driven CU said it hired Renee DeMarco, who headed Lansing’s CapCom CU until its 2009 merger into DFCU Financial, as president and CEO of the $64 million credit union.

IRVING, Texas – Las Colinas FCU has completed the installation of IBT’s i2CUBS branch capture forward presentment technology.

ANN ARBOR, Mich. – Genisys CU has introduced a new mobile banking app for Apple devices designed by Logic Solutions.

SAN JOSE, Calif. -- Alliance CU has combined the features of the fixed-rate mortgage and an adjustable-rate mortgage into a 5/5 ARM.

VENTURA, Calif. – Ventura County CU has implemented the end-to-end loan origination system from Lending QB.

NEW ORLEANS—Credit unions here and throughout the Gulf Coast are preparing today for the pending arrival of Hurricane Isaac, with many having already announced branch closings or preparing for that possibility. The storm is following the path of Hurricane Katrina, which hit hard many CUs along the Gulf Coast and in New Orleans.

PHOENIX – Authorities are hunting for a woman who favors colorful garb to hide her identity while holding up four area credit unions.

EAST LANSING, Mich. – Michigan State University FCU said it is offering a $25,000 grant to a local entrepreneur as part of the start of its small business startUP Loan Fund.

NEW ORLEANS – A serial plaintiff in ATM fee suits has filed 16 new actions over the past four weeks alleging credit unions and banks have violated provisions of the Electronic Funds Transfer Act, just as Congress is closing in on legislation that would make those suits impossible.

PLEASANTON, Calif. – SafeAmerica CU announced the hiring of Barry Roach, a senior executive at nearby Meriwest CU, as president and CEO of the $300 million credit union.

DES MOINES, Iowa – The former president of Community 1st CU, who is battling the $400 million credit union over his July 2011 firing, filed suit in federal court last week in an attempt to gain access to $1.5 million in retirement benefits promised him under his employment contract.

WASHINGTON – Prospects for the Visa/MasterCard antitrust settlement received another jolt last week when the Retail Industry Leaders Association weighed in against the terms, joining other influential opponents of the landmark deal.

HARRISBURG, Penn. – A Texas real estate broker was indicted by a federal grand jury Friday for allegedly defrauding credit unions, banks and investors out of $16 million in connection with the sale and leaseback of Jiffy Lubes and other automotive service companies in Pennsylvania, New York, North Carolina, and Wyoming.

Quick thinking by credit union employees and eyewitnesses helped lead to the arrest of two men who allegedly held up a branch of Redwood Credit Union, Point Arena, Calif.

Fannie Mae is tightening its underwriting standards on adjustable rate mortgages, which accounted for just 4% of the GSE's total loan purchases in the second quarter.

For the third year in a row, the J.D. Power and Associates 2012 U.S. Credit Card Satisfaction Survey has found improved levels of satisfaction among cardholders.

The $54-million Telco Credit Union in Tarboro, N.C., here has chosen Share One's NewSolutions as its new core system.

NCUA has a new video on its YouTube Channel as part of its series of economic analyses. The latest installment features three segments.