HIGHLANDS RANCH, Colo. – Red Rocks CU has been chosen to pilot test a next generation ATM being developed by CO-OP Financials Services and Diebold that will perform most of the transactions of a branch, including loan payments.

VIENNA, Va. – Navy FCU has upgraded its iPhone and Android apps to simplify the sign-in for mobile banking with a password-only “Remember Me” feature, mobile deposits, and international availability.

DALLAS – CU Members Mortgage said it signed 22 new credit union clients in the second quarter, among them: Kellogg Community FCU, TAPCO CU and First Federal CU.

BALTIMORE – Three men were arrested for their alleged involvement in a series of 2011 armed robberies, including a $100,000 theft at a Navy FCU branch in nearby Clinton.

ROCKLAND, Mass. – Rockland FCU, which has $1.2 billion in assets, has signed with Vertifi Software to offer its members the CUSO’s DeposZip Mobile remote deposit capture service.

BETHPAGE, N.Y. – Bethpage FCU has been approved to acquire UFCW Local 342 FCU a $5.6-million credit union with 2,071 members serving food workers out of nearby Mineola, N.Y.

RALEIGH, N.C. – Friday the 13th was a lucky day for some members of Electel Cooperative FCU, which was offering a 1.3% APR for 13 months for personal loans.

PLEASANTON, Calif. – Patelco CU has introduced a new mobile banking app that will allow members to deposit checks using an iPhone or Android.

MEMPHIS, Tenn. – Orion FCU announced the second recipient of one of its “Home Run” houses, part of a credit union program that helps members obtain their own home.

WASHINGTON – At least one influential group of merchants, the National Association of Convenience Stores, which has been battling Visa and MasterCard over card fees for years, has weighed in against last week’s antitrust settlement on credit card fees and is threatening to block the historic deal.

OMAHA, Neb. -- A federal court Friday dismissed an ATM suit against Mutual First FCU over the disclosure provisions of the Electronic Funds Transfer Act because the plaintiff in the suit was unable to show proof that he had used the credit union’s ATM.

BALTIMORE-- MECU of Baltimore paid its members a $2 million cash bonus last week, the first of two installments on its annual $4 million member payout.

The Money Anxiety Index, which measures the level of consumers' financial worry and stress based on economic indicators, rose in July, possibly indicating a second recession.

Long-term mortgage rates plunged again last week to record lows, putting more pressure on credit unions and other lenders who depend on loan interest as their bread-and-butter.

The Georgia Department of Banking and Finance demanded that the so-called Georgia Entertainer's Credit Union stop claiming to be a state-chartered credit union.

Under a proposal issued last week by the Consumer Financial Protection Bureau, credit unions and banks would be required to give concise disclosure of fees and interest rates to help compare loan terms in "plain language".

HOUSE PASSES CU-BACKED

AVON, Conn.-COCC, a CUSO that provides core technology services, said it is paying a "product and services credit" to client CUs of $755,000. The credit is intended to help clients implement the latest banking products and technologies at a reduced cost, the company said. Since COCC issued its first product and services credit in 2009, the total credits issued to clients has risen to more than $3,000,000.

Regulators Approve

As if 2.99% wasn't good enough as an across-the-board loan rate, America First FCU is giving members chances to win a 2012 Jeep Wrangler when they borrow.