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BEAVERTON, Ore. – Rivermark CU and the Clackamas Safeway Bread Plant mixed more than 30,000 pounds of cookie dough for the 29th Annual Dough for Doernbecher fundraiser.
January 5 -
PLYMOUTH, Mich. – Community Financial CU has donated $50,000 to non-profit organizations in the areas it serves as part of its annual Season of Giving program.
January 5 -
GLENDALE, Ariz. – Aero FCU has signed with CoreTrac to implement the company’s ResourceOne as its customer relationship management solution to enhance sales, marketing and member service effectiveness.
January 5 -
CHARLEVOIX, Mich. – Bay Winds FCU paid its members a $500,000 bonus at the end of 2011.
January 5 -
TAMPA, Fla. – Grow Financial FCU has signed with local ad firm Rumbo Marketing to plan and launch a branding campaign.
January 5 -
NASHVILLE, Tenn. – Volunteer Corporate CU said it signed an agreement with LendingTools.com, a provider of third-party correspondent financial service solutions, to implement LT’s Private Correspondent Gateway.
January 5 -
WASHINGTON – Long-term mortgage rates declined again this week to near their lowest levels in recorded history, according to Freddie Mac.
January 5 -
MESQUITE, Texas – Thomas Haskins received a very welcome surprise when he opened the door to his house Wednesday morning: a $25,000 facsimile check to be deposited into his Neighborhood CU Prize Savers Account.
January 5 -
BROOKFIELD, Wis. – Fiserv said yesterday its CheckFree and CashEdge subsidiaries filed a patent infringement suit against Fidelity National Information Services alleging FIS’s Metavante unit is infringing on Fiserv’s patents for electronic bill payment and presentment and person-to-person payments which are being used by thousands of credit unions and banks.
January 5 -
In a move that seeks to create the largest payments solutions provider within credit unions, The Members Group (TMG) and CO-OP Financial Services said today they have entered into a strategic partnership.
January 5 -
SAN FRANCISCO – Visa Inc. said it plans to convert $1.6 billion of its shares which it holds on behalf of credit unions and banks to help fund a potential $4 billion settlement with merchants over a civil price-fixing suit.
January 5 -
DEARBORN, Mich. – Members of DFCU Financial, Michigan’s biggest credit union, got a New Year’s present yesterday, a $21 million patronage dividend—the biggest ever among credit unions.
January 5 -
BUFFALO, N.Y. – A senior teller at Morton R. Lane State University FCU on Wednesday confessed to stealing $40,000 from the credit union here.
January 4 -
UTICA, N.Y. – The owner of a tobacco store on the Akwesasne Mohawk Reservation was ordered to forfeit $2.6 million and to serve 12 months home confinement for laundering more than $2.6 million of deposits in Seacomm FCU and Community Bank to evade Currency Transaction Reporting.
January 4 -
RALEIGH, N.C. – Local Government FCU has contributed $25,000 to Levine Children’s Hospital in Charlotte and its project to renovate a rooftop garden that serves as a playground.
January 4 -
LOVES PARK, Ill. – Rock Valley CU has hired Michael Rosek, a senior executive at Patelco CU, as president and CEO of the $75-million credit union.
January 4 -
POUGHKEEPSIE, N.Y. – TEG FCU has named Ronald Flaherty, chief financial officer for the $175-million credit union, as its new president and CEO.
January 4 -
RICHARDSON, Texas – Texans CU has signed with INVEST Financial Corp. to provide its members with brokerage and investment services.
January 4 -
SYLVA, N.C. – A Western Carolina University student will spend at least 10 months in prison for robbing a State Employees’ CU branch with a toy gun.
January 4 -
ANTIGO, Wis. – CoVantage CU paid members a $1.5 million patronage dividend comprised of both a loan dividend and a loan rebate.
January 4