PLANO, Texas – Catalyst Corporate FCU announced this morning plans to acquire Arizona’s troubled FirstCorp CU in a so-called purchase and assumption deal.

WASHINGTON – Fannie Mae said this morning it stopped hemorrhaging red ink in the first quarter and had a $2.7 billion profit.

BURBANK, Calif. – Lockheed FCU said today it is changing its name to Logix FCU on July 9, becoming the latest credit union giant to de-emphasize its long-time ties to a major corporate employer.

CHANTILLY, Va. – Online Resources Corp. reported a slight $100,000 net for the first quarter of 2012, or zero cents a share, as revenues rose 5%.

ROCKLAND, Mass. – Rockland FCU has donated $25,000 to help build a new, $3-million senior center.

NAPERVILLE, Ill. – DuPage CU is one of the credit unions beta testing Financial Industry Computer Systems’ next generation of its comprehensive LOS platform, Loan Producer version 6.00.

HARTFORD, Conn. – Franklin Trust FCU has signed with EasCorp FCU’s Vertifi CUSO to offer its DeposZip Mobile remote deposit capture service to its members.

FITCHBURG, Mass. – Workers’ CU has applied to the Department of Banking to open an in-store branch, in Hannaford Brothers supermarket in Chelmsford.

MADISON, Wis. – Summit CU has implemented HelpSTAR’s helpdesk software, which integrates workflow components with documentation, communication and synchronization functionality.

WASHINGTON – Republican senators yesterday blocked efforts to vote a Democratic-sponsored bill that would have retained the current 3.4% rate on Stafford loans over disagreement between the two parties on how to pay the $6-billion-per-year cost.

NEWARK, Del. – Student loan giant Sallie Mae introduced a fixed-rate private loan for students and families yesterday that is in direct competition with the growing number of credit unions offering the same product.

WATERTOWN, N.Y. – The manager of United Neighbors FCU on Tuesday pleaded guilty to stealing $35,000 from the $5-million credit union, after the credit union’s supervisory committee turned her over to police, literally.

PURCHASE, N.Y. – MasterCard has chosen PSCU to have its credit unions test the credit card company’s new PayPass Wallet, a digital wallet that may be sub-branded by credit unions.

SAN DIEGO – A former police officer and his wife began trial yesterday for allegedly causing some $210,000 of damages to their $1 million house after their credit union, San Diego Metropolitan CU, foreclosed on them two years ago.

PHOENIX – A federal appeals court yesterday dismissed a case brought by a Yuma, Arizona, real estate developer who claims AEA FCU, which was taken over two years ago by NCUA, drove him into bankruptcy by cutting off his line of credit as the credit union was going under.

SAN DIEGO – Mitek Systems, pioneers in mobile remote deposit capture, rolled out new technology today that will allow individuals to cash checks and add funds to prepaid cards over their smartphones.

BALTIMORE – Horsetail Technologies and Credit Union Journal have partnered to make an extraordinary offer that will result in one credit union receiving a $100,000 Extreme Network Makeover.

CINCINNATI – Vantiv yesterday said it is joining with Saylent Technologies to offer Vantiv Analytics to Vantiv credit union and bank debit portfolio customers.

HAUPPAUGE, N.Y. – Island FCU said it will award $20,000 in scholarships to high school seniors this year, continuing a 20-year program.

RANDOLPH, N.J. – Tri-CO FCU said it signed with On Your Way to implement the company’s web portal solution for engaging, educating and retaining Generation Y (ages 18-32) members and prospects.