SAN FRANCISCO – Cards giant Visa Inc. reported a $1.8 billion loss for its fiscal third quarter this afternoon, because of expenses related to its historic antitrust settlement with merchants.

LOS ANGELES – Chad Everett, the handsome star of 1980’s TV series Medical Center, who starred in national ads for credit unions, died yesterday of cancer at 75.

LOS ANGELES – Xceed Financial FCU, the first of nine credit unions sued over their purported overdraft practices, has agreed to an out-of-court settlement of its case, short of the suit being proclaimed a class action and with both parties agreeing to pay their own legal fees.

SIOUX CITY, Iowa – Telco Triad Community CU announced it is closing its Council Bluffs branch because of four robberies and two attempted robberies in the past four years.

RANCHO CUCAMONGA, Calif. – CO-OP Member Center, a subsidiary of CO-OP Financial Services, yesterday said it is partnering with LenderLive Network, Inc., to provide credit unions with mortgage outsourcing services.

MILWAUKIE, Ore. – Advantis CU distributed $50,000 in grants to local non-profits under its annual GROW Community Fund program.

DULUTH, Minn. – Northern Communities CU is switching core processing systems to Share One’s NewSolutions.

DANVILLE, Ill. – Landmark CU has rolled out Easy Saver, an account that allows members to round up debit transactions to the nearest dollar and add the difference to their savings account.

SUITLAND, Md. – Andrews FCU has signed with Jack Henry & Associates to implement the company’s Symitar Episys core processing system.

PORTSMOUTH, N.H. – Northeast CU, New Hampshire’s third-largest credit union, will pick up five branches in the state’s north country with the merger of Berlin’s Woodlands CU, a troubled $112-million credit union.

WASHINGTON – The credit union lobby on Tuesday urged Congress to get the new Consumer Financial Protection Bureau to ease off credit unions and focus its attention on unregulated entities and big banks.

SAN DIEGO – Mitek Systems, one of the pioneers in mobile deposit capture, reported increased losses for its fiscal third quarter of $2 million as the fallout continues over the loss of its biggest customer, USAA.

BENTONVILLE, Ark. – Retail giant Walmart joined opponents of the Visa/MasterCard antitrust settlement today, threatening to scuttle final court approval of the landmark $7.25 billion deal.

MADISON, Wis. – Credit union CEO total compensation, including salary and bonuses, increased an average of 5.93% over the past 12 months, the highest since 2008, according to the 2012 CUES Executive Compensation Survey.

ALEXANDRIA, Va. -- The NCUA Board this morning approved a 9.5 basis point assessment for the corporate credit union resolution, a total of $790.5 million.

ALEXANDRIA, Va. – NCUA has set this year’s corporate credit union assessment at 9.5 basis points, a total of $790.53 million.

SIDMAN, Penn. – CBA Schools FCU said Frank Alcamo, who helped charter the $108-million credit union in 1956, died July 14 at 92.

PORTLAND, Ore. – OnPoint Community CU contributed $10,000 to Friendly House, a neighborhood center and social services agency, to mark the opening of a new branch in northwest Portland.

RALEIGH, N.C. – State Employees’ CU on Monday celebrated the grand opening of the SECU Hospice House of Brunswick, a $3.5-million project financed with the help of a $1-million grant from the SECU Foundation.

LATHRUP VILLAGE, Mich. – Michigan First CU said it has implemented Athient’s Fraud Manager fraud, anti-money laundering and risk management system.