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BISMARCK, N.D. – Marvel Ebenhahn, whose father helped charter Community CU in 1942, celebrated 60 years heading the credit union, now $153 million in assets.
August 1 -
GRANITE CITY, Ill. – GCS FCU, a $322-million credit union serving the communities surrounding Granite City, has converted to a state charter and is now known as GCS CU.
August 1 -
HERNDON, Va. – Northwest FCU has signed with Jack Henry & Associates to implement its Symitar Episys core system in-house.
August 1 -
DALEVILLE, Ala. – Army Aviation Center FCU is one of the first clients of Banno, formerly known as T8 Webware, to go live with the company’s a responsive design format, enabling the site to adjust for online, mobile and tablet users.
August 1 -
MADISON, Wis. – Heritage CU, chartered to serve employees of Oscar Mayer & Co., will pick up a single branch with a deal to merge Truax CU.
August 1 -
SCRANTON, Penn. – Hazleton Newspaper Employees FCU has merged into Scranton Times Downtown FCU, the latest newspaper employees’ credit union to close its presses.
August 1 -
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 1 -
ATLANTA – Processing giant First Data Corp. on Wednesday reported lower debit fees caused by the Durbin amendment and growing debt service created a $157.4 million loss for the second quarter.
August 1 -
MADISON, Wis. – Another $7.2 billion in new deposits flowed into credit unions in June, putting 2012 on pace for the greatest inflow of funds into credit unions ever, according to CUNA.
August 1 -
JACKSONVILLE, Fla. – Alive CU, the former Blue Cross credit union known till last month as Healthcare’s Cooperative CU, is expanding outside of healthcare facilities with a deal to buy two stand-alone branches from Space Coast CU.
August 1 -
PLYMOUTH, Minn. – NCUA announced this morning it has awarded the remnants of A M Community CU, a failed $135 million Kenosha, Wis., credit union, to TruStone Financial FCU under a purchase and assumption agreement.
August 1 -
ALEXANDRIA, Va. – Pentagon FCU announced this morning that during August, when a PenFed member purchases their used car through Enterprise Car Sales, and then finances it with the credit union, they will receive a 0% APR promotional rate on their auto financing for 48 months.
August 1 -
PURCHASE, N.Y. – MasterCard reported a 15% surge in second quarter earnings this morning, shaking off expenses related to the record antitrust deal it and Visa entered into last month with merchants.
August 1 -
OMAHA, Neb. – Financial Transmission Network Inc. has acquired RemitPro, Inc., a provider of remote deposit capture and identity validation services.
July 31 -
WEST LAFAYETTE, Ind. – Purdue FCU is opening a new branch Friday on the Purdue University North Central campus.
July 31 -
GREENBELT, Md. – Educational Systems FCU is scheduled to complete its combination with troubled Montgomery County Teachers FCU today, creating an educational employees credit union with almost $800 million in assets and 10 branches in six southern Maryland counties.
July 31 -
LOS ANGELES – Lawyers for NCUA are scheduled to meet tomorrow with lawyers for former WesCorp FCU Chief Financial Officer Todd Lane to discuss a potential settlement of civil negligence claims brought by NCUA in the 2009 collapse of the one-time $34-billion corporate credit union.
July 31 -
NORTH CANTON, Ohio – ATM maker Diebold Inc.’s second-quarter earnings jumped 27% to $26.5 million, as revenue growth from Latin America helped the maker of bank teller machines, security systems and equipment.
July 31 -
HOUSTON – Cardtronics Inc., the world’s biggest ATM operator and a key partner of credit unions, reported an 11% growth in earnings to $9.7 million for its second quarter, amid a 30% surge in revenue.
July 31 -
BROOKFIELD, Wis. – Back-office services giant Fiserv reported net income for its fiscal second quarter soared by 79% to $161 million, fueled by higher processing and services revenue.
July 31