COSTA MESA, Calif. – Credit bureau Experian introduced a new credit score designed to assess the creditworthiness of consumers who have little or no traditional credit history – typically referred to as underbanked or underserved consumers.

COLUMBUS, Ohio – Corporate One FCU announced this afternoon that Southeast Corporate FCU fell a little short of its goal to raise $75 million in perpetual contributed capital but the combination of the two corporates will go through anyway with Southeast’s $68 million of PCC.

PHOENIX – The former member business loan chief at AEA FCU and his wife were ordered to pay $25 million restitution to the one-time $410 million credit union that was almost sunk by a major loan fraud he engineered.

PROVIDENCE, R.I. -- Andera, Inc. this morning unveiled its next-generation oFlows Platform it claims is the first system that eliminates all paper documents from the account opening processes at credit unions and banks

NEW YORK – A state court has agreed to a request made by credit union taxi medallion lenders to temporarily block implementation of a city law that would vastly increase the amount of taxis to the detriment of those already financed by credit unions.

WEST PALM BEACH, Fla. – Credit Union Journal is now accepting entries for its 2012 Best Practices Awards.

BROOKFIELD, Wis. – Fiserv announced the roll-out of Central Source Capture, a web-based, end-to-end check capture and processing solution.

CALABASAS, Calif. – Intuit Financial Services yesterday announced a new mobile purchase rewards feature the company said lets iPhone and Android users turn their smart phone into a savings tool.

ALEXANDRIA, Va. – NCUA yesterday banned Anna Salazar, a former employee at Alamo FCU, for embezzling more than $725,000 from the San Antonio credit union.

CHAMBERSBURG, Penn. – Members 1st FCU held its 15th Annual Golf Classic last week and raised $45,000, which was split equally among three local non-profit organizations.

LINTHICUM, Md. – State Employees CU, Maryland’s second-largest credit union, has received approval from NCUA and state regulators to acquire Anne Arundel County Employees FCU, an $82-million credit union based in nearby Annapolis, Md.

TREVOSE, Penn. – TruMark Financial CU has implemented broker/dealer services and back office support from CUSO Financial Services.

BELLEVUE, Neb. – SAC FCU, originally the credit union for the Strategic Air Command, has hired Leo A. Daley to provide design and engineering services for its new $20-million, four-story corporate headquarters campus in Papillion, Neb.

NEWPORT NEWS, Va. – Bayport CU, formerly Newport News Shipbuilding Employees’ CU, has agreed to acquire Virginia Beach-based Members Trust CU, a one-time $51-million credit union that has reported losses six years in a row, including a $1.1 million loss for 2011.

ROANOKE, Va. – A new teller at Freedom First CU began stealing from members’ accounts within a month after she was hired.

BETHPAGE, N. Y. – Bethpage FCU on Tuesday said personal information from 86,000 of its members’ VISA debit card accounts had been accidentally exposed on the Internet by an employee.

SALT LAKE CITY – Deseret First FCU announced this morning the promotion of Shane London, who started his career at the credit union as a part-time teller in 1981, to be the president and CEO of the $420 million credit union serving members and employees of the Church of Jesus Christ of Latter-day Saints, the Mormon Church.

LAKELAND, Fla. – MIDFLORIDA CU said this morning it contracted with Western Union to offer its members global money-transfer and expedited bill payment services across its 30 branches, the third billion-dollar plus credit union to sign with Western Union in the past two weeks.

WEST PALM BEACH, Fla. – Credit Union Journal is now accepting entries for its 2012 Best Practices Awards.

NASHVILLE, Tenn. – SMA Alliance said its USAutoplex is launching a subprime auto finance platform through an agreement with Credit Union Dealer Network.