FENTON, Mo. – Alliance CU has opened a Personal Service Branch that has no traditional tellers but relies on personal service representatives to provide member services.

FAIRHAVEN, Mass. – The U.S. Small Business Administration last week approved First Citizens’ FCU to offer member business loans using the SBAExpress and SBA Patriot Express Loan Programs.

SALT LAKE CITY – Well-known real estate developer Terry Diehl filed for Chapter 11 bankruptcy Friday listing at least $43 million in debt, $23 million of it to America First CU.

MEMPHIS, Tenn. – Southern Security FCU is integrating 2,500 members of the now-shuttered United Postal Service Employees CU, the oldest credit union in Memphis, which was chartered in 1927.

CHICOPEE, Mass. – Polish National CU last week announced it has applied to combine with Valley Stone CU in nearby Wilbraham to create a $480-million credit union – which would be one of the largest in western Massachusetts.

WYOMISSING, Penn. – Utilities Employees CU, which bills itself as a “virtual” credit union because the majority of its transactions are conducted online, has hit the $1-billion mark in assets.

TAMPA, Fla. – A federal court Friday denied a bid by the former CEO of Pinellas FCU to access tens of thousands of dollars of her funds frozen by her former credit union after she was fired last November amidst an embezzlement probe.

WASHINGTON – Lawmakers are calling for immediate action to pass long-stalled data security legislation in the face of last week’s news of a massive data breach at cards processor Global Payments.

ATLANTA – Global Payments Inc. has conceded it is the source of the huge cards breach affecting Visa and MasterCard cards.

Fiserv's latest Consumer Trends Survey was conducted last August, here are a few of the findings.

According to one CEO, what deserves more attention than David Maus' retirement package is the 2010 $2.1-million payment to Grace Mayo, former CEO of the now-conserved Telesis Community CU in Chatsworth, Calif.

Calling defined benefit pension plans "ticking time bombs," Fred Johnson eliminated Credit Union Executive Society's defined pension program about three years ago.

Alec Berkman, principal and CEO of Executive Compensation Solutions, said there are four basic criteria a credit union should follow when developing a benefits package that is the right fit for the CU.

A lot of credit unions talk about being in touch with members; for management at Coastal Federal Credit Union, it does so literally.

ATLANTA – Trading in Global Payments Inc. was halted this afternoon when the company’s shares plunged 13% after credit cards processor was identified as the likely source of the massive cards breach affecting Visa and MasterCard.

NEW YORK – Visa and MasterCard are warning credit unions and banks this morning of a large-scale data breach that affected a credit card processor from the US sometime between January 21, and February 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.

ALTON, Ill. – Alton Bell Community CU filed suit against its CEO and 13 members claiming the CEO authorized car loans based on false financial statements or collateral that was not the worth the value represented.

OGDEN, Utah – America First CU has introduced a new employee volunteer service program called The Greater Good.

WILLISTON, Vt. – New England FCU partnered with the Vermont Children’s Hospital for the Big Change Roundup, an annual event during which Change Bandits round up loose change and donations from their friends, family and members of the community.