MECHANICSBURG, Penn. – Members 1st FCU has decided to consolidate the administration of its defined benefit, 401(k) and 457 retirement plans with a single provider, MassMutual.

MONETT, Mo. – Jack Henry & Associates yesterday said third quarter net income rose 11% to $36.7 million, fueled by a 7% increase in revenues.

BROOKFIELD, Wis. – In another sign of the lifting cloud over financial institutions, Fiserv yesterday reported an 18% surge in first quarter earnings to $132 million.

CINCINNATI – Vantiv, a card processor for 800 credit unions, reported an $18.4-million loss for its first quarter, primarily due to the refinancing of debt related to its initial public offering last month.

NEW BERN, N.C. – A car burst into flames while being driven down a main thoroughfare and pulled into the parking lot at State Employees’ CU.

BOCA RATON, Fla. – While data released by the Federal Reserve indicates 99% of credit unions (those of less than $10 billion in assets) have not seen any decrease in interchange income as the result of the Durbin Amendment, one person is urging CUs to prepare for decreases to come.

BOCA RATON, Fla. – Video of a focus group of consumers made for some awkward and uncomfortable moments for credit unions, as the participants expressed views ranging from broad misunderstandings to negative assessments of credit unions.

BOCA RATON, Fla. – Paul Yang, CEO of Premier Community CU in Stockton, Calif., was named winner of the $10,000 THINK Prize from CO-OP Financial Services last night.

LAS VEGAS – Troubled Silver State Schools CU said this afternoon it lost another $3.5 million for the first quarter, erasing all of its remaining net worth and leaving it only with the emergency assistance provided by its private deposit insurer ASI.

WASHINGTON – Implementation of the Durbin Amendment’s cuts in debit interchange fees cost the biggest credit unions and banks billions of dollars in lost revenues, according to a new survey published this morning by the Federal Reserve.

CORPUS CHRISTI, Texas – State regulators said this morning they have approved an application from Navy Army Community CU, one of the biggest conversions ever to state charter, to serve 1.2 million residents in surrounding Hidalgo and Cameron counties.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced a test pilot this morning with Diebold to provide greater personalized service and convenience to credit union members via two-way video member service on CO-OP’s network using Diebold ATMs.

BOCA RATON, Fla. – Credit unions got some advice from two disparate sources here yesterday: the general manager of the Oakland A’s and a former member of the Doobie Brothers who is now a defense expert.

PENSACOLA, Fla. – Pen Air FCU said it is doubling all points earned on its Premier Relationship Rewards for the month of May as part of its celebration of Military Appreciation Month.

MIDLAND, Mich. – Members First CU has signed with Geezeo to implement the company’s white label personal financial management solution and engagement banking platform.

SAN DIEGO – Miramar FCU has contracted with Corelation to convert to the company’s KeyStone core processing technology.

GOSHEN, Ind. – Interra CU has signed with Vertifi, a wholly owned CUSO of EasCorp FCU, to implement the company’s DeposZip Mobile remote deposit capture solution.

FENTON, Mo. – Alliance CU has opened its new Personal Service Branch located in O’Fallon, Mo., which has no traditional teller lines.

GREENWOOD VILLAGE, Colo. – Bellco CU on Saturday will stage a Cinco de Mayo-themed party to celebrate the opening of its 18th branch, in Lone Tree.

FAIRBORN, Ohio – Wright-Patt CU is expanding its field of membership to serve all 800,000 residents of Cincinnati and surrounding Hamilton County.