RANCHO CUCAMONGA, Calif. – CO-OP Financial Services yesterday said it has completed the acquisition of the assets of U.S. Central FCU’s Corporate Network eCom, LLC, including its online and mobile bill pay services, and all employees.

PORTLAND, Ore. – City fathers here are exploring an initiative that would make it easier to move Portland’s deposits to locally-controlled credit unions and banks.

CHARLOTTE, N.C. – Charlotte Metro CU took on the big banks and their fees with a local TV ad during Sunday’s Super Bowl, its third-annual foray into the year’s largest televised event.

MIDDLETOWN, Penn. – Mid-Atlantic Corporate FCU said this afternoon it has completed the merger of Virginia Corporate FCU, the latest corporate combination creating a corporate credit union with $4.1 billion in assets serving more than 800 credit unions.

WASHINGTON – Credit unions added an estimated 300,000 members in December and about one million members in the fourth quarter, the best growth in more than a decade, as recruitment efforts surrounding Bank Transfer Day bore fruit, according to CUNA.

PLEASANTON, Calif.-It's been 100 days since Bank Transfer Day, and newly released data indicate that as many as 5.6-million Americans have changed financial institutions in recent months.

ROME, N.Y.-Bank Transfer Day didn't just bring new checking account members to AmeriCU-it has also boosted business at AmeriCU Services, LLC, the credit union's insurance arm.

ALEXANDRIA, Va.-A top NCUA official told Congress last week that proposed legislation to establish a new appeals process for credit union and bank examinations could prove unnecessarily costly and slow down the resolution of troubled credit unions, in some cases long enough to preclude NCUA from saving them.

CUSO Sells $140M Portfolio

LOMBARD, Ill.-There is no shortage of strategies being rolled out in the wake of Bank Transfer Day.

SHOREVIEW, Minn.-Many credit unions entered 2012 with a wealth of new members as a result of Bank Transfer Day. But one person is advising CUs not to just lump those new members in with the rest after the first 90 days.

MADISON, Wis.-The record number of new members joining credit unions in the last six months has only increased the importance of using identity-verification services.

HOLLYWOOD, Calif.-The Bank Transfer Day membership boom has now given way to an increasingly important issue: can credit unions, in the face of an influx of new members, continue to provide a high level of service?

VENTURA, Calif.-Bank Transfer Day still has not stopped for $542-million Ventura County Credit Union, prompting it to query the new members to determine where they previously did their banking.

WASHINGTON-Credit union loan originations totaled $120.5 billion during 2011, a 5.1% increase over 2010 and just slightly below the record $122.1 billion in 2009, according to one analysis released last week.

WASHINGTON-A North Carolina Congressman took NCUA to task last week for penalizing all state-chartered CUs in his home state because one, State Employees', violated NCUA rules by publicizing its CAMEL code (CU Journal, Jan. 30).

RANCHO CUCAMONGA, Calif.-CO-OP Financial Services has named the three finalists for its second annual CO-OP THINK Prize, which includes a $10,000 grand prize presented by MasterCard.

CLEARWATER, Fla.-If there were ever a year to emphasize relationship pricing and relationship rewards, it's 2012.

Authorities Fear Stolen Funds May Never Be Recovered

MARIETTA Ga.-A state court last week returned a $75.4 million judgment against Delta Community CU in favor of residential developer David Pearson in a dispute over member business loans the credit union provided the local home builder.