LIVONIA, Mich. – Co-op Services CU has selected CO-OP ATM Managed Services from CO-OP Financial Services to manage its 11 ATMs.

TUMWATER, Wash. – O Bee CU is offering a 10-year, fixed mortgage for as low as 3.99% that has no fees, no closing costs, no loan costs and no appraisal costs. O Bee pays all fees for anyone approved for this loan.

SUNNYVALE, Calif. – Star One CU is the first credit union to introduce a Visa-branded EMV (Europay, MasterCard, and Visa) chip-and-signature card provided by Jack Henry & Associates’ JHA Payment Processing Solution.

ST. PAUL, Minn. – Affinity Plus FCU is airing a TV commercial called “Underwear and Socks” featuring a man and a woman stripped down to their underwear at the teller counter to illustrate big banks taking more than the shirts off consumers’ backs with hefty fees and rate increases.

WASHINGTON – Republican lawmakers continued their assault this morning on Elizabeth Warren, the champion of the Consumer Financial Protection Bureau, just days before the new agency is scheduled to open its doors.

INDIANAPOLIS – A man who robbed a Teachers CU branch at gunpoint last year was sentenced to 130 months in federal prison yesterday.

CINCINNATI – The former Fifth Third Processing Solutions electronic payment processor now known as Vantiv, which provides cards processing for more than 800 credit unions, is planning an initial public stock offering, according to Wall Street reports.

NILES, Mich. – Four Flags Area CU said it signed with CO-OP Financial Services to deploy the company’s SHARE SYSTEM to help operate its ATM and debit card programs more efficiently and with real-time payment processing.

WATERLOO, Iowa – Veridian CU has deployed Financial Management Solutions, Inc.’s Lobby Tracking System to improve its member branch experience and overall service levels.

ROCHESTER, Minn. – More than four years after the plans were announced, Mayo Employees CU is preparing to build a new, 6,000-square-foot branch in southeast Rochester.

PLYMOUTH, Mich. – Community Financial CU is giving away $1,060 to a charity, community group or school every weekday for the next 60 days as part of its Summer of Sharing promotion celebrating its 60th anniversary.

NEW BRIGHTON, Minn. – CU Companies, a mortgage CUSO owned by area credit unions, is now offering a correspondent lending program for credit unions.

WASHINGTON – In a move widely seen as political gamesmanship, the Republican-controlled House Financial Services Subcommittee on Government Sponsored Enterprises have continued to pass bills aimed at phasing out Fannie Mae and Freddie Mac, even though the bills seem destined to fail once they get to the Senate.

WASHINGTON – A federal judge yesterday said NCUA’s closure of Vensure FCU on Monday was predicted by the April 15 regulatory takeover, hours after federal indictments against international gambling figures and the freezing of their assets cut off all sources of income for the Mesa, Ariz. credit union.

ALEXANDRIA, Va. – The 2010 failure of Beehive CU, the one-time $190 million Salt Lake City credit union that failed in its effort to convert to a bank, was largely caused by weak management and board oversight and lax regulatory oversight by NCUA and state regulators, a new report issued this afternoon by NCUA’s office of the Inspector General concludes.

FORT WORTH, Texas – American Airlines FCU said it is cutting its overdraft fees in certain instances all the way to one cent, as part of its new Bounce ProtectionPlus.

WASHINGTON – The Treasury Department announced this morning that as of Jan. 1 paper savings bonds will no longer be sold at credit unions and banks, but only at the Treasury’s website.

DETROIT – A Southfield investment advisor who earlier this year pleaded guilty to running a $13 million Ponzi scheme that raised funds from several municipalities, a school district, a bank and a credit union serving churches, on Tuesday was sentenced to 10 years behind bars and ordered to pay $12.9 million in restitution.

HOUSTON – Cardtronics has signed a multi-year licensing deal with I-design for the company’s joono targeted marketing software for use on Cardtronics ATMs.

SPOKANE, Wash. – Carla Altepeter has been named president/CEO of $1.1-billion Numerica Credit Union, effective Sept. 1.