KALISPELL, Mont. -- A former Whitefish CU teller was sentenced last week for embezzling $12,000 from member customers’ accounts to a five year deferred sentence.

MICHIGAN CITY, Ind. – First Trust CU and Uptown Limited Auto Sales are partnering for an annual five-day inventory sale through June 30.

JACKSONVILLE, Fla. – Healthcare’s Cooperative CU, heeding its heritage as the one-time BlueCross BlueShield Employees’ CU, is changing its name today to Alive CU.

SYRACUSE, N.Y. – Beacon Federal Bancorp, the $680-million regional bank created by the combination of five one-time credit unions, agreed last week to be sold to Berkshire Hills Bancorp of Pittsfield, Mass., for $132 million.

MATTESON, Ill. – The Illinois Division of Financial Institutions on Friday liquidated $40 million USA One National CU and the remnants of the privately insured credit union were assigned by its insurer American Share Insurance, to Credit Union 1, the Lombard, Ill., credit union that has been picking up privately insured failures the past few years.

RALEIGH, N.C. -- State Employees’ CU has agreed to purchase $25 million in federally insured student loans from the North Carolina State Education Assistance Authority’s Loan Rehabilitation Program.

PHOENIX – The former chief of member business lending at Yuma’s troubled AEA FCU was sentenced this afternoon to 15 years in prison for approving more than $60 million in fraudulent loans in exchange for more than $1 million in kickbacks and bribes.

CHICAGO — Jade Beckman of Mountain America Credit Union offered would-be lenders a set of rules to keep in mind when it comes to lending on RVs and other non-auto vehicles.

SAN BERNADINO, Calif. – Credit unions’ first congressional Super PAC is financing a last-minute door-to-door canvas this weekend to help Redlands Mayor Pete Aguilar, the former Arrowhead Central CU executive who is running for Congress, in Tuesday’s primary.

CUNA MUTUAL GROUP

CHATSWORTH, Calif. – NCUA announced this morning it has liquidated Telesis Community CU and assigned the remnants of one of the biggest member business lending credit unions to nearby Premier America CU in a purchase and assumption deal.

ALEXANDRIA, Va. – Declining loan losses and continued cost-cutting sent net income at the nation’s credit unions surging by 19% for the first quarter of the year to a record $2.1 billion, up from $1.7 billion for the same period last year, NCUA reported this morning.

PETERBOROUGH, N.H. – Shareholders of troubled Monadnock Community Bank yesterday approved the sale of the $83 million bank to GFA FCU in nearby Gardner, Mass., the second credit union deal for a bank in six months.

ALBANY, N.Y. – SEFCU has pledged $340,000 to help create a program aimed at teaching eighth grade girls in the city of Albany the emerging science of nanotechnology, the study of manipulating matter.

SYRACUSE, N.Y. -- The planning board got a look at site plans for the AmeriCU CU branch proposed for the site of the old Salvation Army store.

ISHPEMING, Mich. – Ishpeming Community FCU has signed with Complete Data Products to implement the company’s CDP Websign e-signature solution.

YPSILANTI, Mich. – Community Driven CU has converted its core processing to CU*Answers’ CU*Base system.

LAS VEGAS – Silver State Schools CU said it will offer its members online car buying through Auto Nation Direct.

AUSTIN, Texas – Austin Telco FCU has signed a multi-year agreement joining the STAR Network. STAR will provide PIN-secured debit point-of-sale (POS) and ATM access to the $1 billion credit union’s members.

BIRMINGHAM, Ala. – A former manager at Listerhill CU was indicted by a federal grand jury yesterday for stealing $239,000 and falsifying credit union records to hide the theft.