NEW YORK--After leading the National Federation of Community Devleopment Credit Unions for nearly 30 years, Cliff Rosenthal is leaving the organization to take a position with the federal government.

GARDNER, Mass. – GFA FCU has agreed to acquire Monadnock Community Bank, a troubled former credit union located in nearby Peterborough, N.H., in the second credit union deal for a bank over the past few months.

HONOLULU – A member service representative at Kauai Teachers FCU was arrested on charges of stealing $24,700 from two member accounts.

MADISON, Wis. – CUNA Mutual Group said it has contracted for Wolters Kluwer Financial Services’ enterprise risk management solution suite, ARC Logics for Financial Services.

WEST PALM BEACH, Fla. – New resources related to Best Practices in collections, stress-testing of loan portfolios, card fraud, creating a “cooperative score” and investment strategies have been added to CUllaborationNation.com.

ST. AGATHA, Maine – St. Agatha FCU said Mary Ann Chamberlain, who worked her way up from bookkeeper to CEO over a 33-year career, has retired.

JOHNSTOWN, Penn. – Johnstown School Employees FCU was granted a TIP charter (tradewide, industrywide or professionwide) from NCUA, allowing the $9-million credit union to serve all education workers in surrounding Cambria and Somerset counties.

FORT KENT, Maine – The Financial Literacy Partnership between Acadia FCU and the University of Maine received a $12,000 grant from the National CU Foundation to fund a pilot program focused on financial education.

MADISON, Wis. – UW CU has pledged $30,000 to the American Family Children’s Hospital for the hospital’s capital fund for a planned expansion.

ALEXANDRIA, Va. – The Pentagon FCU Foundation, which has awarded millions of dollars to entities that serve soldiers, will honor a “Hero At Home” with a trip to Washington and its annual benefit gala this year.

LAWRENCE, Kan. – Meritrust CU has filed papers with the state court to gain ownership to the Lawrence Athletic Club, whose owners have defaulted on a $2.4 million loan to the credit union.

DALLAS – Resource One CU, a $325-million credit union, has applied to state regulators to expand its field of membership to cover a huge swatch of territory covering more than 5 million people in Harris, Collin and Denton counties.

WASHINGTON – Mortgage rates declined again this week to near-record lows, after rising for the past three weeks, according to Freddie Mac.

WASHINGTON – The newly formed Consumer Financial Protection Bureau on Thursday announced it has begun reviewing consumer complaints on bank and credit union checking and savings accounts.

MANHATTAN BEACH, Calif. – Credit union giants Kinecta FCU and NuVision FCU have called off their proposed combination, which would have been the second biggest credit union merger ever, creating a $4.4 billion credit union.

ALEXANDRIA, Va. – Fueled by higher bank fees and the Bank Transfer Day movement, credit unions scored some of their biggest membership gains ever in the second half of 2011, NCUA reported this morning.

HOUSTON – Cardtronics, the key electronic funds switch for credit unions, said this morning it is deploying a series of NCR’s new SelfServ 14 ATM, billed as the world’s smallest cash machine.

CEDAR PARK, Texas – IBT has agreed to acquire Beacon Software, Inc., an Atlanta-based company providing web-based technology solutions to community financial institutions nationwide.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services said it has contracted with Diebold to offer CO-OP ATM Managed Services, a complete ATM fleet implementation and management suite for credit unions.

DES MOINES, Iowa – The Members Group has added instant issuance to the list of features available on its ATIRA- and Coopera-branded reloadable prepaid cards.