DIAMOND BAR, Calif. – Prospectors FCU has chosen Corelation, Inc., to provide it with core processing services.

NEW BERLIN, Wis. – Landmark CU, in the process of integrating two recent mergers, is seeking to acquire Horizon CU, a $26-million credit union in nearby Racine.

SALT LAKE CITY – A former branch manager at Intermountain CU is expected to plead guilty to embezzling $152,000 from the credit union, which was forced to merge into America First CU three years ago.

COLUMBUS, Ohio – In the latest of a flurry of actions targeting executive wrongdoers, CUNA Mutual Group on Tuesday filed suit in federal court here to recover $150,000 from the former CEO, assistant manager and teller of a small Ohio credit union that its CUMIS Insurance Society unit paid to cover the embezzlement by the three employees.

LOUISVILLE, Ky. – Park Community FCU is partnering with two local charities to offer a co-branded debit card and will donate $5 to each charity for the issuance of each card.

CINCINNATI – Vantiv, which processed card transactions for more than 800 credit unions, yesterday introduced its first prepaid program, offering general purpose reloadable cards.

TUCSON, Ariz. – Tucson Old Pueblo CU has signed a credit card processing deal with PSCU Financial Services to facilitate its re-entry into the cards market, one of dozens of credit unions reversing recent exits from the cards business.

ALEXANDRIA, Va. – NCUA said this afternoon if filed another suit against a big investment firm over the sale of mortgage-backed securities to failed corporate credit unions, this one naming defunct Wachovia Bank and its subsidiaries.

VIENNA, Va. – Navy FCU said this morning it has partnered with Cartera Commerce to launch a rewards program that offers members extra cash back and rewards points with online shopping offers linked to their credit card accounts.

BURLINGTON, Vt. – New England FCU has contributed $20,000 to Burlington’s Committee on Temporary Shelter, known as COTS.

BATTLE CREEK, Mich. – Omni Community CU plans to open a branch in Kalamazoo, its seventh branch overall, in December at a site that once housed the Access First FCU branch.

WATERLOO, Iowa – Veridian CU opened a new branch in Coralville, the credit union’s 27th branch and second new facility in the past few months.

BARDONIA, N.Y. – NorthEast Alliance FCU has signed with Geezeo to implement the company’s white label personal financial management system and engagement banking platform.

SAN DIEGO – CUNA Mutual Group has asked a federal bankruptcy court to reject a plea from a former credit union executive convicted of stealing $287,000 from San Diego County CU to erase her restitution to the insurer’s CUMIS Insurance Society through the Chapter 7 procedure.

BATTLE CREEK, Mich. – A man was arrested yesterday after a police chase that topped 100 miles per hour following a robbery at a Southwest Michigan FCU branch.

GRAND RAPIDS, Mich. – Three Chinese men last week were each sentenced to 102 months behind bars for skimming credit cards at area Meijer stores and stealing $285,000 from credit union members and bank customers.

OGDEN, Utah – Goldenwest CU will pay its members a $575,000 bonus dividend, the eighth straight year the credit union paid a bonus.

GLENDALE, Ariz. – Alaska USA FCU said has agreed to build a data center in north Glendale in 2012.

WALNUT CREEK, Calif. – CMG Mortgage Insurance Co. on Monday said last week’s bankruptcy filing by PMI Group – a 50%-50% partner with CUNA Mutual Insurance – will not affect the claims-paying ability for the biggest provider of private mortgage insurance for credit unions.

BOSTON – Barney Frank, the glib, fast-talking Democrat and long-time credit union supporter who lent his name to the landmark Dodd-Frank Financial Reform Bill will announce his retirement from Congress this afternoon.