COLUMBUS, Ohio - Is a three-way merger of backoffice operations the best bet for mid-sized CUs to thrive in the future?

CUS: NO NEED FOR MORE 'SKIN

FEDERAL WAY, Wash.-Giving free coffee to morning commuters at a transit center here meant a pre-dawn awakening for the staff of Woodstone Credit Union, but Regina Aldridge said the payoff was worth it.

CU House Seeking Nominations

Many credit unions lack focus in their planning and, specifically, are missing the ability to agree to "Just Say No."

A reader responds to "The Dilemma Raised By Growth In Assets, Members" [Jan. 9, 2012]

BOLI is a proven asset for banks, and can be as powerful for credit unions when understood — and prudently implemented following a well-documented pre-purchase analysis.

TOPEKA, Kan. – A Kansas City man charged with trying to rob Educational CU last week was riding a bicycle.

MACON, Ga. – A federal judge last week sentenced a former Robins FCU employee to serve three years in prison for stealing identities to apply for loans and credit cards.

FORT WORTH, Texas – American Airlines FCU and the Organization of Black Aerospace Professionals will observe Black History Month with a private screening of the George Lucas-produced film “Red Tails.”

MARSHALL, Texas – A local patent company last week filed suit against Pentagon FCU and a dozen other entities claiming they are infringing on its patent for transmitting data in an encrypted format.

HONOLULU – The Queens FCU has signed with MoneyDesktop to implement the company’s personal financial management solution with online banking.

MEDFORD, Ore. – Rogue FCU is now offering mortgage lending services through myCUmortgage, a CUSO owned by Wright-Patt CU.

SHEBOYGAN, Wis. – The former president of Midwest CU on Friday was charged with embezzling more than $100,000, falsifying loan documents and using a company credit card to buy personal items for herself such as furniture and lingerie.

ALEXANDRIA, Va. – State-chartered credit unions across North Carolina today will receive a letter from NCUA stating it has finished its separate share insurance examinations of those CUs and will resume conducting joint exams with the North Carolina Credit Union Division as soon as it meets two conditions: it withdraws authorization for any federally insured CU to publish its CAMEL rating, and the NCCUD withdraws its approval for the pilot program being run by State Employees CU in which it is making its CAMEL rating public.

LOS ANGELES – With its lawsuits hanging by a thread, NCUA urged separate federal courts here and in Kansas Friday to allow it to advance its claims and make its case against Wall Street banks who sold faulty mortgage-backed securities that caused the failure of five corporate credit unions.

PHOENIX – A federal judge on Friday denied prosecutors’ request to jail William Liddle while he awaits sentencing, after Liddle, the former head of member business loans at AEA FCU, was convicted of 54 counts in an MBL fraud that sunk the one-time $410-million Yuma credit union.

PHOENIX – A jury Friday found William Liddle, former head of member business loans at Yuma-based AEA FCU, and his wife Rhonda Liddle, guilty of a massive fraud that cost the one-time $410 million credit union as estimated $58 million in losses and pushed it to the brink.

POTTSTOWN, Penn. – Tri County Area FCU sponsored the bedroom makeover for an eight-year-old girl who has been battling ganglioneuroblastoma since she was 5 years old.

TOPEKA, Kan. – A man fleeing from an Educational CU branch after attempting to rob it yesterday morning was captured by police after he stumbled and fell, breaking and dislocating his left ankle.