TULSA, Okla. – Oklahoma Central CU celebrated its new headquarters and branch Tuesday at the former site of the historic Camelot Hotel, which was torn down nearly five years ago.

PHOENIX – Phoenix is the latest city to adopt a local banking policy that will entail depositing $50 million of city funds in local credit unions and banks.

ST. PAUL, Minn. – Affinity Plus FCU has rolled out a new branch format that it said transforms member service reps into “multi-purpose member advisors.”

ALEXANDRIA, Va. – NCUA on Wednesday reported it approved another dozen mergers for credit union giants, most of them of sick credit unions.

BISMARCK, N.D. – The lone employee at tiny Glen Ullin CU was charged yesterday with stealing more than $130,000 of members’ funds during a fraud that may have been going on for as long as 24 years.

LOS ANGELES – Lawyers for NCUA asked a federal court yesterday to bar potentially embarrassing testimony by NCUA Board members Debbie Matz and Gigi Hyland and former Chief Corporate Examiner Kent Buckham in the civil trial over the 2009 collapse of WesCorp FCU, which is projected to cost credit unions $7 billion to resolve.

TALLAHASEE, Fla. – First Commerce CU has pledged a $100,000 contribution toward a new attraction, Discovery at Cascades Park, designed to promote outdoor activity and incorporate educational aspects.

SYRACUSE, N.Y. – A local man on Tuesday pleaded guilty to a check fraud that victimized at least three local credit unions.

LINDEN, N.J. – Integrated Media Management yesterday said users of its TotaleAtlasWeb automation technology can now offer electronic signatures using Adobe’s EchoSign.

WYOMISSING, Penn. – Utilities Employees CU has signed with SWBC Investment Services to offer its members broker-dealer services.

LIVE OAK, Texas – Randolph-Brooks FCU has selected Mortgage Cadence LLC to consolidate its loan origination technologies into one lending platform and central system of record through the use of Mortgage Cadence Orchestrator and Finale Document Services.

PHOENIX – Arizona State CU is expected to lose almost $2 million on an industrial warehouse in the Scottsdale Airpark it sold this week for just $2 million.

LOS ANGELES – NCUA, which has assumed millions of dollars in soured member business loans from the failure of Telesis Community CU, last week asked a federal court to move a dispute over a venerable Pasadena office building financed by the Chatsworth credit union to federal court, one of the first of a number of legal battles the federal regulator is expected to inherit from May’s liquidation of the one-time $625-million credit union.

NEW HAVEN, Conn. – The FBI released video surveillance photos of a group of armed robbers who have struck at least five local credit union and banks and stolen almost $500,000 since September 2010.

WASHINGTON – NCUA and banking regulators on Tuesday said institutions that use cloud computing services may need to impose stronger risk-management controls, given the new challenges the technology carries in terms of protecting data and complying with regulations.

MOUNTLAKE TERRACE, Wash. – 1st Security Bank of Washington, a troubled former credit union known until 2004 as Washington’s CU, announced this afternoon it raised $32.4 million with an initial public offering, the latest credit union-convert to go public.

WASHINGTON – The Commodity Futures Exchange Commission this morning exempted all but a handful of credit unions from new rules on financial derivatives, clearing the way for NCUA to open the door later this year to greater use of interest rate swaps and options for a broader credit union market.

LATHRUP VILLAGE, Mich. – Michigan First CU and RewardsNOW announced this morning they have developed a new rewards program that provides incentives for cardholders to purchase Michigan-made products and services or visit popular Michigan destinations when they redeem points.

ECORSE, Mich. – Judy Page retired as vice president of Downriver Community FCU on June 29 after working there for 50 years.

MADISON, Wis. – University of Wisconsin CU has committed $25,000 to an endowment fund for local Madison College.