LAS VEGAS – Nevada FCU, the state’s largest federally insured credit union, announced a new name this morning, One Nevada CU, to reflect its conversion to state charter encompassing the majority of the state’s 3 million residents.

MOUNTLAKE TERRACE, Wash. – 1st Security Bank of Washington, the ailing one-time credit union known until 2004 as Washington’s CU, plans to raise up to $32 million in an initial public offering.

LAS VEGAS-With the fate of Fannie Mae and Freddie Mac up in the air, credit unions are being urged to pool their resources to create an alternative entity that can handle securitization and other functions currently fulfilled by the two government-sponsored entities.

ARLINGTON, Va.-The relationship between credit unions and auto dealers has always been delicate at best, acrimonious at worst.

COSTA MESA, Calif.-As competition for auto lending continues to heat up in the tight lending environment, banks and CUs are taking on more risk, expanding their reach outside of prime and extending terms.

GLENDALE, Calif.-Los Angeles Federal Credit Union has spent the past several months offering its members discounted loan financing on new and used vehicles purchased at dealers here.

SAN DIEGO-The automotive market is slowly being restored in the wake of a painful recession, with some hope on the horizon.

INDIANAPOLIS-Indiana Members Credit Union has launched a new campaign themed "Big City Convenience, Small Town Feel."

ELGIN, Ill.-An old pillar of credit union growth that has largely been cast aside has been resurrected by one CU here.

End of An Era: No More

PHILADELPHIA-Several days before the new debit interchange guidelines took effect, Visa and MasterCard were reportedly making a move to counter some of the impact of the Durbin rules, planning to raise fees merchants pay on small-ticket purchases.

BOULDER, Colo.-Elevations Credit Union is an eco-conscious operation in a community that values green companies, and now it is tapping technology to take a step toward a paperless environment.

MADISON, Wis.-A new report issued by the Filene Research Institute has found that loans made to foster environmentally friendly projects are profitable for credit unions and attract financially strong borrowers.

SAN DIEGO-It has been a busy year for Anne Legg, who received her MBA in May, saw her master's thesis win a CUNA CFO Council competition, and later become a CUNA Councils' white paper.

Once again, we're seeing credit unions reach out to help their communities in times of great need. Not to make a profit. Not to make headlines. But because it's in their "people helping people" DNA.

Regarding the Credit Union Journal story headlined, "Suspects Drop $100,000 Getting Away After Navy FCU Holdup" (CU Journal, Sept. 21), at SAFE Credit Union we don't keep cash in our vaults. The money from the armoured car service is put in teller cash dispatch machines and ATMs. There has never been a robbery in our area with a teller cash machine. We use a risk matrix to determine which branches get bandit barriers.

ALEXANDRIA, Va. - State credit union regulators urged NCUA last week to withdraw its proposal to increase oversight of CUSOs, saying the measure won't do what it is intended to do and could exceed the federal regulator's legal authority, thereby inviting a public legal fight.

CHICAGO-Credit unions have the information they need to boost lending and manage risk right at their fingertips-it's just a matter of utilizing business intelligence.

CHICAGO-For 2012, NCUA is exploring a realignment of how it deploys its examiners and the amount of time examiners spend at credit unions, according to Chairman Debbie Matz.

CHICAGO-Credit unions are in a better position today than they were last year, but a number of "ongoing torpedoes" still line the waters ahead.