BALTIMORE – Municipal Employees CU has signed with VendorINSIGHT to provide it with the company’s vendor management solution.

BISMARCK, N.D. – The CU Association of the Dakotas is rolling out a new awareness campaign that will incorporate targeted mass media and social media.

DENVER – A former assistant branch manager for Credit Union of the Rockies is facing charges of stealing more than $230,000 by pulling “straps” of $100 cash out of the vault.

ONTARIO, Calif. – Financial Service Centers Cooperative, a shared branch network acquired by CO-OP Financial Services, said it is paying its 1,200 credit union shareholders a liquidating payout of $14.1 million.

CHATSWORTH, Calif. – As a possible prelude to a merger, NCUA said last night it has contracted with Premier America CU to manage Telesis Community CU under conservatorship.

AUSTIN, Texas – The Texas Bankers Association has asked NCUA to allow Texas banks to participate in any auction for the assets of Texans CU, a one-time $2.2-billion credit union that has been run under NCUA conservatorship since last April.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services, the credit union-owned electronic payments service, said this morning it is paying its 1,200 credit union shareholders a $15.9 million patronage dividend for fiscal year 2011.

America's Christian Credit Union has unveiled a new staff benefit that awards any employee adopting a child a $5,000 grant to be used to help defray the many expenses involved in the adoption process.

Private deposit insurer American Share Insurance filed suit in federal court against CUNA Mutual Group's CUMIS Insurance Society claiming the credit union insurer is bound by a $685,000 bond claim for the 2009 failure of ASI-client Cumorah Credit Union.

Director Banned For Disclosing CAMEL Rating

Express Credit Union is driving new memberships by deploying four "community member service representatives" to sixteen local non-profit organizations.

Workers at companies across America have reduced their financial stress significantly and improved their financial literacy over the past year, according to a new study by Financial Finesse.

With electronic channel "convergence" on the horizon, credit unions should now pay attention to delivering information and banking services over tablet devices.

Chalk up one more credit union marketer who says enough already with advertising great rates and great service. CUs have always made a point of differentiating themselves from the banks-particularly in recent months with all the hoopla surrounding Bank Transfer Day-but People's Trust got to the party early.

Mike McCarthy, the director of retail loan production for Kinecta Federal Credit Union, knows the mortgage re-fi boom will dry up when interest rates finally move up from their long stretch of historic lows, putting all the more importance on purchase loans.

During the Credit Union National Association's Governmental Affairs Conference, Credit Union Journal asked attendees what results they hoped get from legislators this year.

NXGEN Signs Iowa's Veridian CU

Dave Maus, CEO of Public Service Credit Union had been paid more than $9 million in compensation in 2010. Compensation experts and CEOs said the industry should expect to hear of more such high payouts in the coming years.

One of the major contributors to the housing bubble and subsequent collapse of the market was overinflated prices. Now, believes Dennis Flannigan, president and CEO of $103.3-million Great Basin Federal Credit Union, the opposite scenario exists.

Over the last ten years $23.7-billion State Employees' Credit Union has not had a single mortgage handed back to it by an investor due to poor underwriting.