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NEW BRIGHTON, Minn. – CU Companies has introduced a free mobile application for the Apple iPhone that allows credit unions to deliver mortgage rates, educational information and a location-based ATM finder.
April 12 -
WARMINISTER, Penn. – Freedom CU has introduced CO-OP Financial Services’ My Deposit Mobile service for Android phones.
April 12 -
WYOMISSING, Penn. – Utilities Employees CU said it signed with Jwaala to offer mobile banking and expand its online services.
April 12 -
WASHINGTON – Long-term mortgage rates declined again toward new territory this week, with the average for the 15-year loan dipping to a new low, according to Freddie Mac.
April 12 -
ATLANTA – The Georgia’s Own Credit Union Club will be unveiled on today’s Opening Day at the Atlanta Braves’ Turner Field for season ticket holders who purchased a table in the exclusive, air conditioned club.
April 12 -
RALEIGH, N.C. – State Employees’ CU, which added $3.2 million in savings during last year’s North Carolina Financial Literacy for Youth Month, is hoping to top that amount this year with help from a new super hero during National Credit Union Youth Week, April 23-27.
April 12 -
BIRMINGHAM, Ala. – Jefferson CU on Thursday said it will provide a line of credit for cash-strapped Jefferson County to make credit card purchases after Bank of America cut the credit limit on the bankrupt county’s credit cards.
April 12 -
SAN ANTONIO – A member of Service FCU was arrested Wednesday after he allegedly grabbed a teller and punched her in the face for telling him his funds were not available.
April 12 -
GREENBELT, Md. – Educational Systems FCU, which serves the educational community in five suburban Washington counties, has agreed to merge with troubled Montgomery County Teachers FCU to create Maryland’s seventh-largest credit union with almost $800 million in assets.
April 12 -
LOS ANGELES – A third WesCorp FCU executive being sued by NCUA in connection with the huge corporate credit union failure has agreed to settle the NCUA case, the two sides reported this afternoon.
April 12 -
WASHINGTON – CUNA urged the regulator for Fannie Mae and Freddie Mac today to rethink a proposal to allow the two mortgage giants to forgive principal on at-risk mortgages because of the effects the program would have on the broader mortgage market by encouraging borrowers to enter into strategic defaults in order to pressure their credit unions into similar loan forgiveness.
April 12 -
GRAND RAPIDS, Mich. – CU*Answers, a CUSO serving 190 credit unions, said this morning it hopes to raise as much as $5.4 million in a debt offering to its 104 credit union owners.
April 12 -
ALEXANDRIA, Va. – NCUA reported this morning its $18 million Community Development Revolving Loan Fund did not make a single loan in the first quarter of the year and has not made any loans for two years, even as the agency has taken several steps to prime the lending pump.
April 12 -
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 11 -
AUSTIN, Texas – A+ FCU on Wednesday said it plans to open a third high school branch in central Texas in Hendrickson High School in Pflugerville, which will be open to the public, as well as nearby elementary and middle schools.
April 11 -
PENSACOLA, Fla. – Pen Air FCU and MasterCard gave one credit union member a free trip to the annual Arnold Palmer Golf Tournament in Orlando and a visit with the golf great as part of the annual MasterCard Sweepstakes.
April 11 -
SYRACUSE, N.Y. – MONEY FCU is teaming up with On Point for Education to collect spare change for the Coins for College campaign.
April 11 -
LOUISVILLE, Ky. – Park Community FCU has signed with Vertifi, a CUSO of EasCorp FCU, to offer DeposZip remote deposit capture service to its members.
April 11 -
BRAINTREE, Mass. – Tremont CU, which serves residents of greater Boston and more than 200 select groups, was approved by the Massachusetts Department of Banking to add more than 100,000 members of the Massachusetts Fisherman’s Partnership Inc., which consists of 20 subsidiary member organizations.
April 11 -
BOSTON – Mass Bay CU, a 76-year-old credit union originally chartered to serve the Boston Elevated Train Co., then the Massachusetts Bay Transit Authority, was approved by state regulators to serve a board swath covering 1.5 million people surrounding Boston, in Suffolk and Norfolk counties.
April 11