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SAN ANTONIO – Security Service FCU has signed with VSoft Corp. to implement the company’s back counter capture and ATM remote deposit capture solutions to decrease response times and thus improve employee and member experiences.
October 23 -
ALEXANDRIA, Va. – NCUA reported that demand has completely dried up for loans from its community development revolving loan fund, with no loans made from the $17.5 million fund since May 2010, and almost $14 million in available funds going untapped.
October 23 -
NEW HAVEN, Conn. – A group of members of New London Security FCU are appealing the dismissal of their suit claiming NCUA is responsible for $4 million in uninsured deposits they lost from the 2008 failure of the $13-million credit union.
October 23 -
CHELSEA, Mass. – Metro CU has signed with Boston Home Center to develop and enhance mortgage programs aimed at placing homeowners in the most sustainable mortgages.
October 23 -
LINCOLN, Neb. – Six Nebraska credit unions have introduced a new alternative payday loan product charging 18% APR for 60-day loans up to $500.
October 23 -
WALL STREET – In joining the growing move to “Occupy Wall Street,” Lower East Side People’s FCU is finding it hard to avoid offending at least one powerful ally: giant investment bank Goldman Sachs, the credit union’s sometime patron and partner which is a major target of the protestors.
October 23 -
WARMINISTER, Penn. – Freedom CU last week announced an alternative to new debit fees – the $500-million credit union said it will be paying $5 each month a member makes a purchase with his or her debit card.
October 23 -
SIDEBARTUKWILA, Wash.-Among the most interesting trends in the volume of new memberships being experienced by BECU is that more accounts are being opened online than in-branch.
October 21 -
WASHINGTON – President Obama last night nominated Carla Leon-Decker, the president of $48 million District Government Employees FCU, to sit on the three-member NCUA Board.
October 21 -
SALT LAKE CITY – A former employee at Intermountain CU on Thursday was charged in a federal indictment with embezzling $152,000 from the branch where she worked.
October 20 -
SAN DIEGO – A finely attired man suspected of committing 10 San Diego-area robberies – including four at credit unions – was arrested on Wednesday.
October 20 -
EUREKA, Calif. – Coast Central CU has awarded five community grants totaling $50,000 as part of its annual Community Investment Program.
October 20 -
BATTLE CREEK, Mich. – Post Community CU has received approval from state regulators to add four counties and almost 500,000 people in them to its field of membership: Eaton, Kalamazoo, St. Joseph and Van Buren.
October 20 -
LITTLETON, Colo. – Colorado CU has applied to state regulators to convert to a community charter serving 500,000 residents of surrounding Adams County.
October 20 -
FAIRFAX, Va. – Apple FCU on Thursday said it signed an extension of its card servicing agreement with PSCU Financial Services through 2014.
October 20 -
SALEM, Ore. – In honor of International Credit Union Day, Maps CU paid off the $7,500 balance on an auto loan by two of its members.
October 20 -
BINGHAMTON, N.Y. – Horizons FCU has signed with Manley’s Mighty Mart to offer credit union members access to the convenience chain’s 23 ATMs.
October 20 -
MARIETTA, Ga. – LGE Community CU has introduced a card customization service, “Design Your Own Card,” powered by the technology of Serverside Group.
October 20 -
MADISON HEIGHTS, Mich. – Three masked men were chased through the nearby woods and arrested after their attempt to rob a Family Services CU branch was foiled yesterday morning.
October 20 -
HOUSTON – Local credit unions celebrated International CU Day by kicking off a new campaign to attract bank customers angered by growing fees with an advertising promotion called “Nickel-&-Dimed by Fees.”
October 20