MIDLAND, Texas – Melinda White was chosen as the winner of the My Community FCU’s promotional loan payoff, up to $20,000.

PHOENIX – An FBI agent last week testified in federal court he tried but failed to convince the wife of the former business loan director at AEA FCU to testify against him in the $60-million fraud case brought by federal prosecutors against William Liddle.

ALEXANDRIA, Va. – Credit unions are urging NCUA to pause in its proposed reforms to rules for loan participations which would, among other provisions, require that all originators retain a 10% stake – so-called “skin in the game” – for the life of the loan.

LONG ISLAND CITY, N.Y.-The Turn Key Insurance Center from United Nations FCU Financial Advisors did not prove to be the engine of growth that its architects hoped.

ROME, N.Y.-The insurance industry is still struggling to join the 21st century, according to one CUSO.

MADISON, Wis.-Despite increasing usage of online bill-pay and the rise of mobile wallet and P2P payments, one person told Credit Union Journal an old threat remains as big a concern as ever.

LOS ALTOS, Calif.-At a time when criminals are ramping up their efforts, banks and credit unions are racing to add mobile services, which is only opening the door wider to thieves seeking members' financial data.

WASHINGTON-While federal financial regulators testified against the Financial Institution Examination Fairness and Reform Act last week, credit unions' two major trade groups expressed their support for the propsed legislation.

LITTLE ROCK, Ark. – Arkansas FCU has contributed $68,000 to the Arkansas Children’s Hospital Foundation.

ALEXANDRIA, Va. – CommonWealth One FCU on Thursday said John Blair, its president and CEO for the past 18 years, is retiring as head of the $295-million credit union in July.

BILOXI, Miss. – Keesler FCU will add Geezeo’s personal financial management and Web-based marketing tools.

ONTARIO, Calif. – CU Direct Lending said it has signed with Open Dealer Exchange to offer direct credit application and contract validation data integration from the dealers’ point-of-sale system directly to the CUDL system.

WASHINGTON – Long-term mortgage rates fell again to record lows this week, according to Freddie Mac.

BOULDER, Colo. – Elevations CU was awarded a 10-year contract to provide banking services to students, faculty and staff at the University of Colorado’s Boulder Campus.

LAKE JACKSON, Texas – Texas Dow Employees CU, which has been expanding its TDECU Insurance Agency, announced two more insurance deals to add to the CUSO.

HOUSTON – Cardtronics, an important electronic funds transfer switch for credit unions, yesterday reported a 29% increase in fourth quarter revenues to $174.2 million.

BROOKFIELD, Wis. – Fiserv reported a 23% rise in fourth quarter profits, fueled by an 8% rise in revenues to $1.16 billion.

WICHITA, Kan. – A federal judge issued a show cause order yesterday, jeopardizing NCUA’s suit against Wachovia Securities for the sale of failed mortgage backed securities to WesCorp FCU and U.S. Central FCU because NCUA has yet to legally serve the Wall Street bank, now a unit of Wells Fargo, more than two months after bringing the suit.

PURCHASE, N.Y. – MasterCard, one of two stocks widely held by credit unions, reported this morning that fourth quarter earnings plunged 95% to $19 million because of a $495 million after-tax charge the cards giant recorded for potential settlement of another antitrust settlement with merchants.

ROYAL OAK, Mich. – OUR CU on Wednesday announced Tom Zamberlan is retiring as CEO of the $200-million credit union, ending a 43-year career in the credit union movement.