KENNEWICK, Wash. – Motorists entering this southeastern Washington city were greeted yesterday by a giant LED display that now wraps around two sides of the iconic “flashcube” building which was renovated recently by HAPO Community CU to house its headquarters and branch.

SECU and NCUA have been arguing over more than just TDRs, including the CU's disclosure of its CAMEL code last year.

Effective June 30, NCUA's new TDR rules eliminate the need to maintain separate manual delinquency calculations on the past due status of loans.

PLANO, Texas – Credit union executives continued to wax more positively with the quarterly CEO Confidence Survey conducted by Catalyst Corporate FCU coming in at a nearly three-year high.

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

SYRACUSE, N.Y. – A suspect was indicted yesterday on charges he stole thousands of dollars from multiple victims in a bad-check scam that hit at least two local credit unions.

EUREKA, Calif. – Coast Central CU awarded four community grants for a total of $50,000 as part of its Community Investment Program.

COLLEGEDALE, Tenn. – Collegedale CU has signed with TRC Interactive to implement the company’s First Line of Defense – Fraud Detection and Loss Prevention Challenge, an online exercise designed to keep staff focused on the latest frauds.

COLORADO SPRINGS, Colo. – Aventa CU has selected Connect Financial Software Solutions for its consumer suite of Internet Banking, Mobile, Online Account Opening, and the company’s partnership offering of personal financial management tools delivered by MoneyDesktop.

LARGO, Fla. – Achieva CU has applied to state regulators to serve 1 million residents in neighboring Lee and Collier counties.

ALEXANDRIA, Va. – There have been eight credit union failures so far this year, ahead of last year’s pace when there were 16 failures for the whole year.

ALEXANDRIA, Va. – The NCUA Board yesterday extended most of the provisions of the agency’s regulatory flexibility, or RegFlex, program to all credit unions, which previously had been reserved only for the healthiest credit unions.

WASHINGTON – Mortgage rates hovered near record lows this week, with the 30-year fixed rate average creeping slightly lower to yet another all-time record, according Freddie Mac.

OGDEN, Utah – America First CU, the $5.6 billion credit union, announced today its long-time CEO Rick Craig is retiring and will be succeeded by executive vice president John Lund Sept. 1.

ALEXANDRIA, Va. – The NCUA Board approved new rules this morning requiring all credit unions to establish written policies on loan work-outs, also known as troubled debt restructurings, that will make it easier for credit union reporting and add some to the bottom line by potentially reducing the amount to be set aside for loan loss reserves.

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

MILWAUKIE, Ore. – Advantis CU said it will provide $20,000 in college scholarships for Portland’s vulnerable youth via Friends of the Children, an organization that mentors kids.

CRANSTON, R.I. – Depositors of Coastway Community Bank, known until three years ago as Coastway CU, have approved the conversion of the former credit union to a mutual holding company, which will enable the $310-million bank to sell stock to the public.

RIVERSIDE, Calif. – One lucky member of Altura CU won a trip to Hawaii as part of the credit union’s Visa Debit Card sweepstakes.

CLEVELAND – Century FCU said interim CEO Sharon Churchill will be the permanent head of the $326-million credit union.