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TALLAHASSEE, Fla. – A federal appeals court rejected an appeal by the former CEO at Florida A&M University FCU, who said he was incorrectly convicted of embezzling $134,000 of U.S. Department of Housing and Urban Development funds administered by the credit union.
April 11 -
CUNA is responding to a document distributed on Capitol Hill this week by bankers with this "pop up" rebuttal.
April 11 -
HERNDON, Va. – Northwest FCU is the first financial institution to offer My Virtual StrongBox, a new DigitalMailer product that allows members to place documents into their credit union’s online document library.
April 11 -
AKRON, Ohio – In the latest dispute over similar names, FirstEnergy Family CU is challenging the legal rights of Pennsylvania’s Allegheny Energy FCU, to use a new name: FirstEnergy FCU, after the chief corporate sponsor for the Ohio credit union, Akron’s FirstEnergy Corp. acquired Allegheny Energy Corp., the sponsor for the Pennsylvania credit union.
April 11 -
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 10 -
MADISON, Wis. – CUNA Mutual Group yesterday said strong performance in its core credit unions business pushed operating revenues up 4% last year to $2.5 billion, and net income inched up 1% to $88 million for the year.
April 10 -
ABERDEEN, Md. – Aberdeen Proving Ground FCU paid two members $100 Visa gift cards as part of its “Refer a Friend” contest.
April 10 -
JACKSONVILLE, N.C. – A U.S. Marine at Camp Lejeune was chosen as the winner of the “A Million & More Sweepstakes” sponsored by Fidelity Information Services and Card Services for CUs.
April 10 -
ALTUS, Okla. – Red River FCU has signed with Sharetec Systems to implement the company’s core processing system.
April 10 -
TINTON FALLS, N.J. – United Teletech FCU has introduced the government sponsored Home Affordable Refinance Program 2 to help homeowners refinance their mortgages, even if they owe more than the home’s current value.
April 10 -
CHATSWORTH, Calif. – Premier America CU has signed with SaveDaily to offer its members the ability to invest in the company’s proprietary mutual fund program.
April 10 -
SAN FRANCISCO – Three area credit unions will share $345,000 in WISH and IDEA affordable housing grants awarded by the Federal Home Loan Bank of San Francisco.
April 10 -
BELLEVUE, Neb. – SAC FCU, originally the credit union for the Strategic Air Command, plans to build a $20-million, four-story headquarters in nearby Papillion, the start of what may become a new office park.
April 10 -
PLANO, Texas – Catalyst Corporate FCU, which acquired the remnants of WesCorp, said it picked up about 285 new members from the demise of the California corporate.
April 10 -
LAKE MARY, Fla. – A young groom and his fiancée were the first of 75 members of CFE FCU who will win a half-carat diamond during the credit union’s diamond anniversary celebration, Dash for Diamonds.
April 10 -
WASHINGTON – Credit unions could be hurt by a proposal aired today that would allow Fannie Mae and Freddie Mac to write down the principal on millions of at-risk mortgages, industry leaders warned this afternoon.
April 10 -
WARRENVILLE, Ill. – Alloya Corporate FCU, the survivor of what was once Members United Corporate FCU, said this afternoon it has signed a letter of intent to combine with Central Corporate CU of Michigan to create the nation’s largest corporate with almost $5 billion in assets.
April 10 -
VIENNA, Va. – Navy FCU said this morning it has expanded its customer relationship management by adding Infor10 CRM Enterprise Marketing and Infor10 CRM Enterprise Email Advisor to its existing Infor10 CRM Enterprise Interaction Advisor solution, which the credit union giant credits for already helping to generate more than $1 billion in annual revenue.
April 10 -
PHOENIX – A Yuma real estate developer who pleaded guilty to the biggest member business loan fraud ever on Monday was sentenced to 24 months in prison in exchange for his testimony helping convict the former MBLs chief at AEA FCU.
April 9 -
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 9