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INDIANAPOLIS – Indiana Members CU is partnering with Indy BackPack Attack again this year, and is hosting a live distribution of 2,000 backpacks filled with school supplies on July 24.
July 12 -
MARION, Ind. – Charles Street Community FCU has signed with CO-OP Financial Services to install the company’s SHARE SYSTEM to help operate the $19 million credit union’s ATM and debit card programs more efficiently and with real-time payment processing.
July 12 -
SAN ANTONIO – Generations Community FCU has implemented Jack Henry & Associates’ iPay consumer bill pay solution.
July 12 -
VANCOUVER, Wash. – Columbia CU has installed mFoundry’s SaaS-based mobile banking platform.
July 12 -
BATON ROUGE, La. – Neighbors FCU said yesterday has selected Geezeo to provide a personal financial management solution and integrated marketing platform.
July 12 -
PHOENIX – Arizona State CU said yesterday it is offering its members low-down payment, low-rate loans to buy homes currently owned by Fannie Mae.
July 12 -
FEASTERVILLE, Penn. – Mario Incollingo, who lead the first credit union conversion to stock-owned bank, then swiftly sold the bank in a lucrative deal for insiders, passed away last week at 72. The cause of death was cancer.
July 12 -
BOCA RATON, Fla. – IBM Southeast Employees FCU last week filed suit against CUMIS Insurance Society over the credit union insurer’s refusal to cover legal expenses and what is expected to be millions of dollars in damages to be paid to dozens of members who lost their savings in a fraudulent investment scheme.
July 12 -
MESA, Ariz. – NCUA last night closed Vensure FCU, the credit union supported by Internet poker gambling that had been under federal conservatorship since April 15.
July 11 -
NEWARK, Del. – Sallie Mae announced a new portfolio of insurance products designed to help families protect their student loans.
July 11 -
FARMINGTON HILLS, Mich. – Community Choice CU said its Community Choice Foundation granted 20 college scholarships totaling $100,000 to 20 area high school students.
July 11 -
SYRACUSE, N.Y. – Empower FCU has implemented VSoft’s suite of item capture solutions, including merchant remote deposit capture and branch back-counter capture.
July 11 -
ANTIGO, Wis. – CoVantage CU has chosen Tyfone to provide its comprehensive suite of mobile wallet services.
July 11 -
BALLSTON SPA, N.Y. – A 36-year-old Hudson River Community CU employee who also served as pastor of his upstate New York church was sentenced yesterday to three to nine years in state prison for stealing more than $400,000 from the credit union to pay bills and support his children.
July 11 -
SAN ANTONIO – Air Force FCU said yesterday it has opened a new branch near the Army’s Fort Sam Houston.
July 11 -
WICHITA, Kan. – Credit Union Of America said it plans to acquire First Choice CU to create a credit union with $450 million in assets and 45,000 members.
July 11 -
OLYMPIA, Wash. – State chartered credit unions interested in accepting municipal deposits under the state’s new law must first apply to the Office of the State Treasurer and become a qualified public depositary, credit union regulators said last week.
July 11 -
HARRISONBURG, Va. – Park View FCU said it is offering what it believes is the nation’s first CD backed by solar energy loans.
July 11 -
LOS ANGELES – A federal judge yesterday dismissed key charges in NCUA’s suit against officers and directors of WesCorp FCU, but allowed several other charges to remain, making it increasingly likely there will be a trial in the failure of the one-time $34 billion corporate credit union.
July 11 -
LOS ANGELES – In the latest punch-up between credit unions over naming rights, Schools FCU on Monday filed suit in federal court against SchoolsFirst FCU for service mark infringement and unfair competition in the nearby credit union giant’s 2008 change from Orange County Teachers FCU.
July 11