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BEL AIR, Md. – Freedom FCU has signed with the Harford County Education Association to provide financial services and benefits for the local teachers union’s 2,070 members.
April 9 -
NEW YORK – Municipal CU, this city’s biggest credit union, opened a new branch in Harlem last week.
April 9 -
PHILADELPHIA – American Heritage FCU is opening a branch inside the Roxborough ShopRite supermarket to replace a former Citizens Bank in-store branch.
April 9 -
PHILADELPHIA – Police & Fire FCU has introduced mobile banking from CU Mobile Apps from Member Service Solutions.
April 9 -
WALTHAM, Mass. – RTN FCU has signed with EasCorp FCU’s Vertifi CUSO to offer Vertifi’s DeposZip remote deposit capture service to its members.
April 9 -
LEWISTON, Maine – Maine Family FCU has signed with Northern Data Systems, a distributer of Sharetec Systems, to implement Sharetec’s mobile banking and Segmint’s digital marketing technologies.
April 9 -
SAN JOSE, Calif. – Pacific Postal CU has agreed to acquire East Bay Postal CU, a troubled $9-million credit union in nearby Oakland.
April 9 -
HARTFORD, Conn. – A third suspect on Monday pleaded guilty to an interstate ATM skimming conspiracy that stole credit card data from customers and members of 11 banks and credit unions, including American Eagle FCU, and created counterfeit cards to steal more than $335,000.
April 9 -
CAMBRIDGE, Mass. – MIT FCU has been selected by the Massachusetts Institute of Technology Alumni Association to offer its financial services, including an affinity credit card, to its 125,000 members.
April 9 -
MANHATTAN BEACH, Calif. – Kinecta FCU, fresh of a scuttled merger with NuVision FCU, announced this afternoon it hired Keith Sultemeier, an executive vice president at San Antonio’s Security Service FCU, as president and CEO of the $3 billion credit union.
April 9 -
WICHITA, Kan. – A state appeals court issued a ruling Friday reversing a lower state court and finding that Cessna Employees CU is exempt from state retailers’ sales taxes on travel, hotel and meals a third-party vendor passed on to it as part of its final invoice during a job.
April 9 -
NEW YORK -- Mountain America CU CEO, Sterling Nielsen, will be among representatives from eight other financial institutions to ring The Opening Bell at the New York Stock Exchange this morning to celebrate The NYSE’s Financial Literacy Week, which is held during National Financial Literacy Month.
April 8 -
HICKSVILLE, N.Y. – A former director at NY Team(sters) FCU was banned from working for credit unions and banks last week for his conviction on laundering $1.3 million of bribes paid by Consolidated Edison construction inspectors in Manhattan, the Bronx and Westchester for his brother-in-law, a ConEd employee.
April 8 -
BOSTON – Credit Unions Kids at Heart donated $100,000 last week to Children’s Hospital Boston.
April 8 -
NEWBURGH, Ind. – Heritage FCU has installed SilverCloud Breeze’s web technology that enables real-time member feedback.
April 8 -
EVANSVILLE, Ind. – Evansville Teachers FCU has named William Schirmer, chief financial officer at Lake Michigan CU, as president and CEO of the $830 million credit union.
April 8 -
BOURBONNAIS, Ill. – NCUA said Friday it approved the conversion of Commonwealth CU to private deposit insurance under Ohio’s American Share Insurance, the second private insurance conversion of the year.
April 8 -
ALEXANDRIA, Va. – NCUA reported Friday it approved 19 more mergers, half of which include an ailing credit unions being merged into a healthy one.
April 8 -
FORT WORTH, Texas – NCUA reported Friday it has agreed to expand the eight-year-old TIP charter granted American Airlines FCU to allow the $6 billion credit union to also serve air transportation workers outside of the airports delineated in the 2004 Trade, Industry and Profession charter awarded by the credit union regulator.
April 8 -
WICHITA, Kan.—Wells Fargo, the successor to Wachovia Capital Markets, told a federal court here Friday it should dismiss NCUA's suit over mortgage-backed securities Wachovia sold to WesCorp FCU and U.S. Central FCU because the risks of the securities were clearly spelled out in offering prospectuses.
April 8