-
CHANTILLY, Va. – Online Resources Corp., the target of two unsolicited takeover offers over the winter, reported wider second quarter losses of $2.3 million yesterday, even as revenues climbed 5% to $38.3 million.
August 4 -
HOUSTON – ATM operator Cardtronics on Thursday said strong revenue growth helped push its earnings up 6% for the second quarter to $8.7 million.
August 4 -
SAN ANTONIO – Harland Clarke, the nation’s largest check printer, yesterday reported its core check printing business continued to decline in the second quarter, with revenues falling 8% due to volume declines in check and related products and decreased revenues per unit.
August 4 -
SAN FRANCISCO – Officials with CMG Mortgage Insurance Co., a joint venture with CUNA Mutual Group, said the growing financial woes at CUNA mutual’s partner PMI Group will not affect its on operations selling private mortgage insurance for credit unions.
August 4 -
TUKWILA, Wash. – BECU introduced a new 12-year, no-fee mortgage today as rates plummeted toward new lows.
August 4 -
KINGSTON, N.Y. – Mid-Hudson Valley FCU, one of the first deployers of the 24x7 video teller, is the first credit union or bank to offer the technology at the drive-thru lane.
August 4 -
SANTA ROSA, Calif. – Redwood CU announced this morning it will deploy 30 NCR SelfServ ATMs, 29 of which feature NCR’s Scalable Deposit Module, a new technology that allows consumers to deposit both cash and checks simultaneously in any orientation through a single slot.
August 4 -
FAIRFAX, Va. – A local woman was arrested this week and charged with two robberies last month at separate branches of Apple FCU.
August 3 -
MISSION VIEJO, Calif. – A teller at Capstone FCU was charged with stealing about $72,000 from the credit union to pay for his gambling.
August 3 -
JACKSONVILLE, Fla. – 121 Financial CU rolled out person-to-person payments with Fiserv’s ZashPay.
August 3 -
SAN ANTONIO – Amid growing losses, Alamo FCU said its longtime president and CEO Al Carreon, Jr., has departed and the $40 million credit union is searching for a new CEO.
August 3 -
LAS VEGAS – Many of the credit unions that sent representatives to the National Directors’ Convention – taking place here this week – were influenced in part by the new financial literacy rules that went into effect July 27.
August 3 -
HARTFORD, Conn. – State regulators on Wednesday issued a supervisory agreement directing The Greater Norwalk Area CU to resolve a big loan delinquency problem and to build its dwindling capital.
August 3 -
BROOKFIELD, Wis. – Fiserv reported its investment in the company’s former insurance solutions business provided a $54 million dividend in July.
August 3 -
ST. PAUL, Minn. – Check printer Deluxe Corp. continued its expansion of its small business services business with an acquisition of PsPrint, an online supplier of custom printed promotional products and mailing services to small- and medium-sized businesses.
August 3 -
MINNEAPOLIS – FICO, provider of the ubiquitous credit scores, on Wednesday said fiscal third quarter net increased almost 30% to $23.2 million, despite a 3% drop in revenues.
August 3 -
PURCHASE, N.Y. – MasterCard on Wednesday reported continued growth in its debit program helped push second quarter profits ahead 33% to $608 million.
August 3 -
ATLANTA – Payments processing giant First Data Corp. reported this morning that debt service incurred in its 2007 takeover by private equity giant Kohlberg Kravis Roberts & Co., continues to keep it mired in the red, with second quarter losses increasing another 3% to $175.8 million.
August 3 -
INDIANAPOLIS – Indiana Members CU is distributing school uniforms to 525 students at IPS School 44, Riverside Elementary in Indianapolis.
August 2 -
PORTSMOUTH, N.H. – Service CU expanded its footprint in New Hampshire’s Seacoast area with the grand openings of two new branches in Hampton and Exeter, because of its merger with Seacoast CU.
August 2