Help Offered Following Fires

Hawaii Community FCU, Kailua-Kona, Hawaii, promoted Teri'i Holzgrove to VP of information technology operations and hired Nikole McKellar as the Kaloko branch manager.

There is no doubt that credit unions will see some type of uptick in membership as the result of negative press surrounding the bank fees being handed out like punishments in the wake of the Durbin Amendment's rules, but unless that 80/20 rule (which is often closer to 90/10) has been suspended, a lot of those new members aren't going to be the type who put the "cooperate" in the co-op.

Credit unions have experienced an explosion in severe cyber attacks this year. Here are some tips to help your CU avoid becoming victimized.

DUBLIN, Ireland – The Finance Ministry is predicting as many as a fourth of the country’s 407 credit union could be merged or liquidated under a government bailout that will pump more than $1.3 billion into the troubled lenders.

SANTA CRUZ, Calif. – Prosecutors dismissed charges against accused a man accused of participating in last year’s robbery of $390,000 from Bay FCU, one of the biggest bank robberies in the nation the past few years.

FRESNO, Calif. – The Better Business Bureau is warning that Fresno County FCU is the victim of a serious counterfeit check scam as official business checks with the credit union’s name are being sent out with a scam letter encouraging recipients to cash the checks.

LOCKPORT , Ill. – The Canals & Trails CU’s board of directors promoted Janet Schuler to president.

PLEASANTON, Calif. – Patelco CU added a new location in San Mateo.

BRUNSWICK, Me. – Navy FCU plans to close its lone Maine branch at the Navy Commissary and exchange.

GRANITE CITY, Ill. – GCS FCU has signed with Geezeo to provide it with a personal financial management and integrated marketing platform.

GAINESVILLE, Fla. – State regulators approved an application from Campus USA CU, the first credit union established on a U.S. college campus, to add 450,000 residents in six adjourning counties to its field of membership.

WICHITA FALLS, Texas – Texoma Community CU hopes to inspire people to think pink by painting its sign pink at the Southwest Parkway branch.

BASTROP, Texas – Local credit unions and banks partnered to create a short-term, low-interest loan program for local businesses affected by the recent wildfire.

MONTEREY, Calif. – A state judge ignored pleas from credit union executives for a stiffer penalty and sentenced a former employee of Unified FCU last week to three months in prison for stealing $135,000, most of which he was supposed to be using to replenish ATMs.

WASHINGTON – Community Development CUs are calling on the Treasury Department to allow them to securitize secondary capital and a variety of loans, especially mortgages, under the government’s plan to issue as much as $3 billion in Community Development Financial Institution Bonds.

EAU CLAIRE, Wis. – Royal CU agreed Friday to acquire 4,200 mortgage worth $600 million from failed The RiverBank, which was seized by state regulators in Minnesota.

MILWAUKEE – A branch manager at Brewery CU was indicted on a charge of embezzling nearly $150,000 over four years.

BEAVERTON, Ore. – Rivermark Community CU has signed with Fiserv’s ACCEL/Exchange to be the credit union’s exclusive PIN POS network, consolidating both its signature and PIN debit services with a single processor.

EAST HARTFORD, Conn. – American Eagle FCU awarded one member a $5,000 grand prize in a summer loan sweepstakes promotion.