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TUCSON, Ariz. – An accounting employee at Pinal County FCU has been identified by authorities in the embezzlement $780,000 from the Casa Grande credit union.
August 5 -
LOS ANGELES – Lawyers for NCUA failed to reach a settlement last week with representatives for Todd Lane, the former chief financial officer at WesCorp FCU, but talks will continue towards a deal.
August 5 -
NEW YORK – Another key merchants group weighed in Friday against the Visa and MasterCard antitrust settlement, putting increasing pressure on the landmark deal that must still be approved by a federal judge.
August 5 -
LAKE MARY, Fla. – One lucky member of CFE FCU is headed to London for the Olympics, the winner of Visa London 2012 Olympic Games Sweepstakes.
August 3 -
WASHINGTON – The Senate adjourned yesterday for its annual five-week summer vacation, leaving behind numerous credit union-critical bills, including the bipartisan bill to eliminate redundant fee disclosures at the ATM—even though the credit union-backed measure passed the House unanimously last month.
August 3 -
WEST PALM BEACH, Fla. – Credit Union Journal is now accepting participants in one of its most popular features: the annual Day in the Life of Credit Unions project.
August 2 -
RALEIGH, N.C. – State Employees’ CU said its SECU Foundation is providing a 10-year, $2.5-million, low-interest loan to assist with the construction of a Program for All-inclusive Care for the Elderly, or PACE facility in Pittsboro, N.C.
August 2 -
GRAND RAPIDS, Mich. – Lake Michigan CU said it has successfully launched Online Resources Corp.’s Architect Digital Banking solution, converting nearly 102,000 members to the new platform after a “smooth” implementation.
August 2 -
DEARBORN, Mich. – DFCU Financial has signed with Hyland Software to add the company’s OnBase enterprise content management system.
August 2 -
LAKELAND, Fla. – MidFlorida CU, which is integrating mergers on Florida’s west and east coasts, is opening a new branch in Plant City in a former Regions Bank branch.
August 2 -
SIERRA VISTA, Ariz. – Navy FCU is opening its fourth Arizona branch here Monday near Fort Huachuca, which will serve Army and Air Force personnel.
August 2 -
LIVE OAK, Texas – Randolph-Brooks FCU opened its administration services center in north Austin Wednesday and plans to open four new branches in the near future.
August 2 -
WASHINGTON – Average rates on 30- and 15-year fixed mortgages climbed slightly higher this week, breaking a run that saw rates match or set new record lows for 13 out of the past 14 weeks, according to Freddie Mac.
August 2 -
ATLANTA – Delta Community CU last week won dismissal of an ATM disclosure suit brought by a New York man who has filed at least six suits under the Electronic Funds Transfer Act.
August 2 -
JERSEY CITY, N.J. – Liberty Savings Federal Credit Union has been selected as the winner of a $100,000 CU Extreme Network Makeover, sponsored by Horsetail Technologies and Credit Union Journal.
August 2 -
MELBOURNE, Fla. – Space Coast CU announced this afternoon that NCUA and state regulators have approved the spin-off of its two Jacksonville branches to Alive CU, a continuation of its efforts to shed assets acquired in the 2009 acquisition of giant failure Eastern Financial Florida CU.
August 2 -
PROVO, Utah – MoneyDesktop, the provider of the popular online personal financial management solution, announced this morning it has acquired MoneyReef, a Provo-based start-up provider of Reimburse, a mobile budgeting service.
August 2 -
LOS ANGELES – A state appeals court yesterday upheld a lower court ruling that CUNA Mutual Group’s CUMIS Insurance Society is not responsible for a $243,700 fraudulent home equity line of credit transfer overseas because the credit union making the bond claim did not comply with the insurer’s required security procedures before making the wire transfer.
August 2 -
PORTLAND, Ore. – A woman who drove the getaway car in several credit union and store robberies yesterday pleaded guilty to interference with commerce by robbery and conspiracy to commit bank robbery.
August 1 -
ALEXANDRIA, Va. – A former employee of Pacific Advantage FCU who stole $450,000 from the Burlingame, Calif., credit union was among five credit union workers banned from the credit union industry by NCUA yesterday.
August 1