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GROTON, Conn. – Charter Oak FCU is kicking off its 3rd Annual Turkey Drive.
November 2 -
WISCONSIN RAPIDS, Wis. – Bull’s Eye CU collected more than 500 cell phones to support the Cell Phones for Soldiers program.
November 2 -
TRENTON, N.J. – Trenton Police FCU has signed a deal with Residential Home Funding Corp. to provide it with mortgage banking services.
November 2 -
TUCSON, Ariz. – Vantage West CU has upgraded its 34 ATMs with Diebold technology, adding deposit automation to 11 of them.
November 2 -
JERSEY CITY, N.J. – Fundtech Ltd. said its shareholders approved the acquisition of the company by Chicago-based private equity partners GTCR at $23.33 a share, or $390 million.
November 2 -
HOUSTON – Cardtronics, the biggest ATM switch for credit unions, yesterday said it signed with Harris Teeter to brand ATMs in as many as 100 of the company’s upscale supermarkets.
November 2 -
ATLANTA – Processing giant First Data Corp. on Wednesday reported favorable interest rate swaps helped it trim huge losses related to its 2007 buyout by Kohlberg Kravis Roberts to $54 million for the third quarter, down from a $431 million third quarter loss a year ago.
November 2 -
PURCHASE, N.Y. – MasterCard on Wednesday reported its third quarter profits soared 38% to $717 million, as a growing number of cardholders continue to favor debit over credit card transactions.
November 2 -
NEWARK, N.J. – A federal court yesterday agreed to the forfeiture of almost $14 million in five bank accounts owned by former U.S. Mortgage Corp. President Michael McGrath, closing the legal proceedings in the $140 million fraud that bankrupted the parent of CU National Mortgage.
November 2 -
ALEXANDRIA, Va. – A former branch manager for American Nickeloid Employees CU was barred from the credit union industry for secretly altering her home equity line of credit by $163,500 to pay for her gambling habit at Mississippi River casinos, NCUA said this afternoon.
November 2 -
SAN JOSE, Calif.—Technology CU announced this morning it will be the first financial institution in the country to enable real-time, person-to-person payments from its ATMs to almost anyone in the world with a mobile phone or e-mail address, using a new payments service from NCR and PayPal.
November 2 -
DENVER – Public Service CU has signed with VSoft Corp. to implement the company’s VServe global data center solution.
November 1 -
BIRMINGHAM, Ala. – America’s First FCU has signed with CU Student Choice to offer the CUSO’s private student loans to its members.
November 1 -
SAN DIEGO – Mission Federal CU is taking the opposite tack on debit transactions than the big banks – the $2-billion credit union is paying members, instead of charging them, to use their debit cards.
November 1 -
SAN DIEGO – San Diego County CU is offering a $1,000 prize for the best photo of a member shredding his or her bank debit card.
November 1 -
HAUPPAUGE, N.Y. – Island FCU on Tuesday announced Bob Dethlefsen, its president since 1980, is retiring from the $800-million credit union at the end of the month.
November 1 -
HOUSTON – Cardtronics on Tuesday said it completed the acquisition of Access to Money, Inc., a troubled Cherry Hill, N.J.-based operator of 10,350 merchant-owned ATMs formerly known as TRM Corp.
November 1 -
MT. LAUREL, N.J. – PHH Corp., the largest mortgage bank for credit unions, said falling mortgage rates inviting a new wave of refinancings forced a $353 million write-down of its mortgage servicing portfolio, resulting in a $148 million loss for the third quarter.
November 1 -
BROOKFIELD, Wis. – Fiserv yesterday said losses related to an early extinguishment of debt pushed down third quarter profit by 4% to $127 million.
November 1 -
JACKSONVILLE, Fla. – Fidelity National Information Services, one of the biggest third-party credit union vendors, on Tuesday said third quarter profits rose 23% to $136.3 million, fueled by strong growth in its international business.
November 1