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BIRMINGHAM, Ala. – New Pilgrim FCU said it has received a $250,000 non-member deposit from Commonwealth National Bank in nearby Mobile.
January 10 -
ROCKFORD, Ill. – A former collections supervisor at Rock Valley FCU on Monday pleaded guilty to stealing $122,110 in loan payments he directed to his own accounts.
January 10 -
RALEIGH, N.C. – State Employees’ CU, the nation’s second-biggest credit union, reported another strong year for 2011, including 10% growth to $23.7 billion in assets and a 0.82 return-on-assets.
January 10 -
FARMINGVILLE, N.Y. – Teachers FCU, which moved into a new headquarters in nearby Hauppauge in November, has sold its old offices here for $4.6 million.
January 10 -
OMAHA, Neb. – Nine credit unions and the Nebraska CU League are launching a new savings contest that will offer a $25,000 grand prize as part of an inducement to new member savings.
January 10 -
ALEXANDRIA, Va. – NCUA told corporate credit unions today it will continue to keep the ACH APEX processing at U.S. Central FCU going until December 31, but plans to raise prices for the processing by 80% July 1 in order to encourage corporates to find new ACH providers by then.
January 10 -
ATLANTA -- The Atlanta Braves will debut an exclusive club for the 2012 season, the Georgia's Own CU Club, which will be located adjacent to the press box on the first base side and feature valet parking, upscale food offerings, in-seat wait service, $30 per seat food and beverage credit per game and a TV monitor at each table.
January 10 -
BOSTON – Police say they tracked down a man who held up an Everett CU branch this morning, then hopped into a waiting cab to make his escape.
January 10 -
GLENDALE, Ariz. – Three Arizona credit unions are partnering with Visa and Better ATM Services on new technology that is allowing the credit unions to dispense Visa Gift cards in addition to cash at their ATMs.
January 10 -
PITTSBURGH – The man who drove the getaway car in a January 2010 armed robbery at Westmoreland Community FCU, when a teller was shot, was convicted last week on four criminal counts related to the holdup.
January 9 -
FARMINGTON HILLS, Mich. – Community Choice CU donated $10,000 to Kids Without Cancer for research to prevent pediatric cancer and similar related illnesses.
January 9 -
HAUPPAUGE, N.Y. – TCI said it has sold five of its products to SS&C Technologies Holdings, Inc., to concentrate on its loan origination solution – DecisionLender – which generated the majority of its revenue in 2011.
January 9 -
DECAUTUR, Ill. – ADM CU, the one-time Archer Daniels Midland credit union, named Ann Wildman, president of Community Healthcare CU in Urbana, as president and CEO of the $16-million credit union.
January 9 -
LAUREL, Md. – Market USA FCU, credit union for Giant Foods and several other supermarket chains, announced the retirement of Robert McClosky as its president and CEO and the promotion of its executive vice president since 1994, Laura Hassan, to succeed him.
January 9 -
SCRANTON, Penn. – Tobyhanna FCU on Monday announced it hired Sean Jelen, chief operating officer at New York’s Palisades FCU, as president and CEO of the $150-million credit union.
January 9 -
HANSCOM AIR FORCE BASE, Mass. – Hanscom FCU paid $567,000 to its member-owners at the end of 2011 in the form of a loyalty dividend.
January 9 -
SYRACUSE, N.Y. – Empower FCU said it paid its members a $2.5 million “give-back” bonus dividend and interest rebate.
January 9 -
TAMPA, Fla. – USF FCU has agreed to settle a class action suit regarding overtime by paying a longtime senior loan officer three years back overtime pay she claims she was illegally denied.
January 9 -
OLYMPIA, Wash. – A 17-year-old McDonald’s employee on Monday was sentenced to 60 days in jail for skimming credit union credit cards at the drive-thru window to steal more than $13,000 from cardholders. He was also ordered to pay $13,000 restitution.
January 9 -
WASHINGTON – Credit union consultants Callahan & Associates said this afternoon it hired J. F. Sean Hession, an executive with First National Bank of Omaha, as president and CEO.
January 9