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EL SEGUNDO, Calif. – Xceed Financial CU has signed with Allpoint Network to offer its 43,000 surcharge-free ATMs to its members.
October 27 -
ST. PAUL, Minn. – Deluxe Corp. reported a 28% decline in net income, and a 3% drop in revenues for its third quarter, as its core checks business continued to erode.
October 27 -
NORTH CANTON, Ohio – Diebold reported a 9% drop in third quarter earnings yesterday, amid a 5% drop in revenues.
October 27 -
DULUTH, Ga. – Net income at NCR plummeted 84% for the third quarter to $16 million, despite strong revenue gains, as a result of several one-time expenses.
October 27 -
WASHINGTON –Long-term mortgage rates remained near record low territory this week, according to Freddie Mac.
October 27 -
DES MOINES, Iowa -- EMC National Life Co. is unveiling their new benefits program for credit unions nationwide.
October 27 -
BIRMINGHAM, Ala. – NCUA yesterday took under conservatorship Birmingham Financial FCU, a troubled $1.3 million with just 429 members.
October 27 -
SAN BERNARDINO, Calif. – Arrowhead Central CU, the one-time $1 billion credit union being run by NCUA the past 15 months, has apparently turned the corner and is once again posting healthy financials.
October 27 -
PHOENIX – Credit unions around the country are launching new promotions, calling out to new members and cashing in new membership shares as next week’s Bank Transfer day approaches.
October 27 -
ALEXANDRIA, Va. -- The NCUA Board voted in closed meeting this morning to approve the combination of Pennsylvania-based Mid-Atlantic Corporate FCU with Virginia Corporate FCU, one of six corporate mergers in progress.
October 27 -
RICHMOND, Va. – The former president of Richmond Postal CU was sentenced yesterday to a year in jail for embezzling more than $52,000 from the credit union to pay for personal expenses, including a lawyer to handle his divorce and Washington Redskins tickets that cost almost $2,000.
October 27 -
HOLLYWOOD, Calif. – An article in yesterday’s CU Journal Daily Briefing incorrectly stated that First Entertainment FCU reported a third quarter loss due to a $1.8 million charge for the NCUA corporate assessment. First Entertainment reported a small $294,000 net for the third quarter after the charge.
October 26 -
ATLANTA – Equifax reported a 13% decline in third quarter net, even as revenues rose almost 4%, as the company spent $44 million on share repurchases during the quarter.
October 26 -
SAN FRANCISCO – Visa Inc. reported yesterday that fiscal fourth quarter net income surged 14% on the basis of a continued double-digit growth in debit.
October 26 -
EUGENE, Ore. -- A former SELCO Community CU assistant branch manager admitted in federal court Tuesday that she used her supervisory position to conceal her theft of $150,000 to support a gambling habit.
October 26 -
HERNDON, Va. – Northwest FCU said its NWFCU Foundation has awarded $20,000 in grants to four Fairfax County public schools to be used for staff development and technological advances for classrooms.
October 26 -
PAWTUCKET, R.I. – Pawtucket CU said yesterday it has been approved by the U.S. Small Business Administration to make guaranteed loans up to $5 million.
October 26 -
SACRAMENTO, Calif. – First U.S. Community CU has signed with Vantiv for single-sourced comprehensive electronic processing services.
October 26 -
ARNOLD, Mo. – Arsenal CU said it has implemented Financial Management Solutions Inc.’s ContactCenter Management System.
October 26 -
GAINESVILLE, Fla. – SunState FCU has signed with GulfCoast Financial Services to provide financial management, advice, retirement planning and insurance services to its members.
October 26