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ROCKVILLE, Md. – Realtors FCU has selected the NeighborBench platform, which connects credit unions with a team of compliance experts through the cloud, to help simplify compliance.
April 25 -
PROCTOR, W.Va. – Bayer Heritage FCU has signed with TRC Interactive to implement the company’s First Line of Defense – Fraud Detection and Loss Prevention Challenge, an online exercise to keep staff focused on the latest frauds.
April 25 -
MADISON, Wis. – Summit CU plans to tear down its existing branch in West Allis and replace it with a new, 14,000-square-foot building.
April 25 -
ROCK HILL, S.C. – Family Trust FCU yesterday unveiled plans to build a $7-million, 36,000-square-foot administrative headquarters on the site of its existing branch here.
April 25 -
MINNEAPOLIS – FICO, maker of the ubiquitous credit score, yesterday said net income for its fiscal second quarter more than doubled to $20.0 million, from $7.7 million for the same period last year.
April 25 -
NORTH CANTON, Ohio – Shares of Diebold yesterday rose 8% to a 52-week high after the company reported its net income rose to $41.2 million for the first quarter, from just $2.5 million for the same period last year.
April 25 -
PHOENIX – A federal judge has denied a motion for a mistrial by the wife of the former member business loan chief at Tucson’s AEA FCU, who in February was convicted of laundering bribes and kickbacks paid to her husband.
April 25 -
EDISON, N.J. – Pinnacle FCU said it has implemented Ongoing Operations’ Data Vaulting, a new plan for protecting information which sends data offsite where it can be protected from hardware failures, theft and other threats.
April 25 -
ALEXANDRIA, Va. – Credit unions across the country are reporting robust financials for the first quarter as much of their bad loans have been eliminated from their books and costs trimmed over the past three years.
April 25 -
MOBILE, Ala. – A prominent realtor who engineered a series of real estate frauds to pump up the value of Gulf Shore beach condominiums at the expense of lenders and buyers was sentenced yesterday to three years in federal prison and ordered to pay $5.2 million in restitution.
April 25 -
CINCINNATI – Vantiv, which provides card processing for more than 800 credit unions, announced the launch of a mobile check deposit service for smartphones this morning.
April 25 -
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.
April 24 -
TROY, Mich. – Ten CUs have signed agreements to implement Complete Data Products’ CDPWebsign solution, which enables secure digital signing of documents online.
April 24 -
ODON, Ind. – Crane FCU has partnered with local travel agency Travel One to offer what it said is a unique travel program to its members: escorted trips to both domestic and international destinations.
April 24 -
ST. PAUL, Minn. – Minnesota Gov. Mark Dayton signed legislation that will allow municipalities and other public entities to deposit funds in federally insured credit unions.
April 24 -
FORT WORTH, Texas – Unity One CU has implemented MShift’s new mobile deposits capability through Ensenta Technology.
April 24 -
MIAMI – A federal court has appointed a former federal judge to mediate a dispute between Space Coast CU and Wall Street banks over $100 million of risky investments the banks sold to Eastern Financial Florida CU, which was acquired by Space Coast after the 2009 failure of the one-time $2.4-billion credit union.
April 24 -
EUGENE, Ore. – SELCO Community CU entered the Portland market with the merger of Forest Park FCU, a $40-million failed credit union with two branches in Portland.
April 24 -
PENSACOLA, Fla. – An incentive deal aimed at luring Pen Air FCU to the downtown Thiesen Building will forgive a $79,854 balance on a loan to the Downtown Improvement Board to help encourage the credit union’s move.
April 24 -
GREENSBORO, N.C. – A woman was killed and another one injured in a single-vehicle wreck after the pair sped away from a State Employees’ CU branch where employees suspected them of fraud.
April 24