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The NCUA Board is expected to vote in closed meeting next week on the combination of Pennsylvania-based Mid-Atlantic Corporate FCU with Virginia Corporate FCU, one of six corporate mergers in progress.
October 20 -
BETHPAGE, N.Y. – Playing on the growing anti-bank sentiment, Bethpage FCU announced this morning no-fee checking—for life.
October 20 -
WASHINGTON – A leading credit union executive told the Senate Banking Committee this morning that ongoing proposals to wind down Fannie Mae and Freddie Mac and privatize the secondary mortgage market would harm credit unions and other community lenders to the detriment of millions of homebuyers.
October 20 -
RESTON, Va. – Student loan giant Sallie Mae on Wednesday said losses for its third quarter declined to $47 million – caused by a $371 million unrealized loss on its financial derivatives – from a $495 million loss for the same period last year.
October 19 -
CHICAGO – Private equity funds Carlyle Group, Bain Capital and Advent International reportedly are seeking to acquire TransUnion, one of the three major credit bureaus, in a deal that could top $2 billion.
October 19 -
TULSA, Okla. – The FBI has posted the surveillance photos of three violent men who robbed Tulsa Municipal Employees FCU Sept. 16 on two billboards offering $20,000 rewards for information leading to their arrest.
October 19 -
PORTLAND, Ore. – CU Business Group, a member business lending CUSO owned by eight corporate credit unions, has signed with BankServ to market the company’s mobile remote deposit, mobile banking, remote deposit capture and a variety of payment solutions to credit unions to its business members.
October 19 -
TAMPA, Fla. – GTE FCU has entered into a strategic arrangement with Physicians Independent Management Services, a nationwide medical billing service, to allow PIMS to utilize GTE’s state-of-the-art data center for secure patient record keeping in the event of a disaster.
October 19 -
YORKTOWN, Va. – In celebration of its 60th anniversary, 1st Advantage FCU is contributing a total of $60,000 to six local organizations that make a difference in the community.
October 19 -
SPRINGFIELD, Ohio – International Harvester Employee CU has signed with CU Rx for the CUSO’s review and audit services.
October 19 -
FISHKILL, N.Y. – Bridgeway FCU on Wednesday said it will open a fourth branch in early November inside a Walmart store.
October 19 -
NASHUA, N.H. – Triangle CU members who download one of Triangle’s mobile device services will be entered to win a $10,000 grand prize or one of five $1,000 prizes.
October 19 -
PHILADELPHIA – American Heritage FCU has signed with Online Resources Corp. to convert its online banking system to the company’s Architect solution.
October 19 -
NEW PORT RICHEY, Fla. – A local stole the identity of a Texas police officer and used it to take out a car loan at Achieva CU, according to police.
October 19 -
NEW YORK – Visa and MasterCard, sued last week by independent ATM operators over ATM fees the operators say violate federal antitrust laws, are the target of two new suits brought by consumers regarding their ATM charges.
October 19 -
ALBANY, N.Y. – The New York State Court of Appeals, the state’s highest court, agreed today to hear an appeal from Hudson Valley FCU, which claims its status as a federally chartered credit union should exempt it from the state’s mortgage recordation tax on all real estate transactions.
October 19 -
EAU CLAIRE, Wis. — Royal CU announced this morning it hired Rudy Periera, senior vice president at Chicago's Alliant CU, as president and CEO of the $1.1 billion credit union.
October 19 -
ORANGE, Texas – Sabine FCU will award $2,000 in prize money to winners of a Classroom Makeover Contest for teachers who are members of the credit union.
October 18 -
MASSILLON, Ohio – Massillon Area Credit Union has changed its name to Friends and Family CU to reflect its new community charter.
October 18 -
RICHMOND, Va. – T8 Webware has launched Call FCU’s new website.
October 18