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NAPANOCH, N.Y. – NCUA liquidated Eastern New York FCU Friday night and assigned the remnants of the one-time $60 million credit union to USAlliance FCU, the $760 million credit union based in the Manhattan suburb of Rye, N.Y.

LAS VEGAS – Silver State Schools CU, the one-time $1 billion credit union under state supervision for the past year, reported a $2.8 million loss for its fourth quarter and an $8.4 million loss for the year this afternoon.

LAKE BLUFF, Ill.-The average number of overdrafts per household fell dramatically in 2011.

PHOENIX-Desert Schools FCU, the state's largest credit union and which has been mired in red ink the past three years, is among the latest credit union giants to mark a return to the black for 2011.

PHOENIX – Local developer Frank Ruiz testified in federal court yesterday that he obtained a series of member business loans and additions that he never sought rising to the millions of dollars from William Liddle, the former chief business loan officer at Yuma’s AEA FCU, who is on trial this week for fraud.

ALEXANDRIA, Va. – NCUA yesterday banned Harold Wilkerson II, a former loan officer at Credit Union One in Topeka, Kan, who last year was convicted of creating $46,000 in bogus loans and transferring $30,000 of it to his own account.

FARMINGTON HILLS, Mich. – Community Choice CU, formerly a teachers’ credit union, will provide $100,000 in scholarships to Michigan high school seniors this year through its annual program.

EL PASO, Texas – Evolve FCU has donated $100,000 to the Make-A-Wish Foundation for children.

MINNEAPOLIS – FICO, maker of the popular credit score, reported an almost doubling in net income for its fiscal first quarter, to $30 million, from $16 million for the first quarter a year ago.

ST. PAUL, Minn. – Check printer Deluxe Corp. yesterday said its fourth quarter net income rose 14% with growth in its small business services segment, even as its core checks operations continue to decline in the face of electronic transactions.

AMES, Iowa – Greater Iowa CU has named Scott Zahnle, executive vice president at IH Mississippi Valley CU in nearby Moline, Ill., as president and CEO of the $280-million credit union.

WASHINGTON – The average rate on the 30-year fixed-rate mortgage jumped this week to 3.98%, from a record low of 3.88% last week, after data showed improvement in the housing market, according to Freddie Mac.

HILO, Hawaii – CU Hawaii FCU has acquired Ka’u FCU in a merger, creating a $235-million credit union with more than 27,000 members.

COQUILLE, Ore. – Oregon First Community CU has completed the merger of SOFCU Community CU, creating a credit union with $710 million in assets and 30 branches serving more than 70,000 members.

RIVERSIDE, Calif. – Altura CU, a one-time $920-million credit union that has fought off big losses from 2008 through 2010, reported it broke back into the black for 2011 to the tune of $8.4 million.

MANHATTAN BEACH, Calif. – Kinecta FCU, a one-time $4.4-billion credit union giant that returned to the black last year after two miserable years and $126 million in losses, fell back into the red in 2011 to the tune of $30.6 million, slowing plans for its combination with nearby NuVision FCU.

ALEXANDRIA, Va. – The NCUA Board this morning approved the proposed merger of Tennessee’s Volunteer Corporate CU with West Virginia Corporate CU, accelerating the pace of the corporate restructuring.

ALEXANDRIA, Va. — NCUA this morning proposed new rules for troubled debt restructurings that will cover how all federally insured credit unions account for delinquencies, charge-offs and income related to troubled home mortgages and member business loans, as well as for how those loans are reported on NCUA's quarterly Call Reports.

LOS ANGELES – A federal court this week scheduled a settlement conference for Feb. 27 on NCUA’s civil negligence suit against top executives of WesCorp FCU.