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WASHINGTON – The Senate Banking Committee on Thursday said it has delayed next week’s scheduled confirmation hearing of NCUA nominee Carla Leon-Decker because next Thursday’s hearing is booked with several other nominations, including that of former Federal Reserve Bank of Kansas City President Thomas Hoenig to be to be vice chairman of the FDIC.
November 10 -
DES MOINES, Iowa – Iowa Corporate Central CU plans to make a partial distribution to its 140 members before year-end as part of a voluntary liquidation plan approved by the board of the $100-million corporate credit union.
November 10 -
ALEXANDRIA, Va. – The NCUA Board next week will vote on a proposed community expansion for Finance Center FCU to cover about 1.8 million residents of metropolitan Indianapolis, which would be one of the biggest community charters in recent years.
November 10 -
LANCASTER, S.C. – Founders FCU is the first credit union to announce a bonus dividend for the year, a $10 million payout.
November 10 -
WASHINGTON – Bolstered by exploding losses at Fannie Mae and Freddie Mac, an influential senator introduced legislation today that would privatize the secondary mortgage market and end government guarantees on mortgages and mortgage backed securities.
November 10 -
BLOOMINGTON, Ind. – A man with a gun was thwarted in his attempt to hold up a Richfield Bloomington CU branch yesterday when an employee told him there was no cash available.
November 9 -
CHARLESTON, W.Va. – West Virginia United FCU has signed with Dwolla to implement the company’s integration product, FiSync, which offers members an expedited Dwolla sign-up process.
November 9 -
PASADENA, Texas – Gulf Coast Educators FCU has rolled out a new mobile apps smart phone product.
November 9 -
WICHITA, Kan. – Three masked men assaulted a Credit Union of America branch in south Wichita yesterday and ordered members and employees to the floor at gunpoint, before making off with an undetermined amount of cash.
November 9 -
PHILADELPHIA – Philadelphia FCU yesterday said it signed with U.S. Bancorp’s Elan Financial Services for credit union-branded Visa credit cards with reward options for consumers and businesses.
November 9 -
ALEXANDRIA, Va. – NCUA on Wednesday said it expects next year’s corporate credit union assessment to be much less than this year’s 25 basis points, $2 billion charge.
November 9 -
NEW YORK – The nation’s 10 largest retail banks are at risk of losing $185 billion of deposits over the next year as customers will look to move primary accounts to community and regional banks that they perceive as being more consumer friendly, according to a new study released yesterday.
November 9 -
WASHINGTON – The Senate Banking Committee has scheduled a confirmation hearing on NCUA Board nominee Carla Leon-Decker for next Thursday, Nov. 17, a committee aide confirmed this afternoon.
November 9 -
CLEVELAND – The ex-wife of a reputed Mecedonian crime kingpin charged in the massive fraud that sunk St. Paul Croatian FCU last year has agreed to testify against her husband and forfeit $850,000 in Macedonian bank accounts as part of a plea deal negotiated with federal prosecutors.
November 9 -
CHANTILLY, Va. – Online Resources Corp. on Tuesday reported third quarter losses increased to $1.7 million, up from $700,000 for the third quarter last year, even as revenues grew by 4%.
November 8 -
WASHINGTON – Mortgage giant Fannie Mae yesterday reported another big third quarter loss of $7.6 billion, which it said will necessitate additional taxpayer assistance of $7.8 billion.
November 8 -
CLEARWATER, Fla. – An Achieva CU member won its $10,000 online bill payment sweepstakes.
November 8 -
SOUTH BEND, Ind. – A former sales specialist at Teachers CU last week was sentenced to one month in prison and seven months home detention.
November 8 -
CORPUS CHRISTI, Texas – Navy Army FCU has signed with VINtek to provide it with automotive collateral management and electronic lien title services through the VINtekTime platform.
November 8 -
GUAM – A member of Pentagon FCU last week pleaded guilty to check fraud after he deposited a counterfeit $247,000 check into his PenFed account then used it to withdraw $202,090.
November 8