ANN ARBOR, Mich. – Construction at the new Lake Trust CU branch is set to begin today with the demolition of the former Fidelity Bank building.

MUSKEGO, Wis. – Corporate Central CU has signed with Lockton, an insurance broker, to launch a new program designed to provide insurance products for credit unions.

OLYMPIA, Wash. – O Bee CU said it has installed 3VR's video intelligence platform to reduce fraud and help solve crimes.

LOUISVILLE, Ky. – Park Community FCU has chosen VSoft to implement the company’s branch item capture solution to enhance check processing flexibility and accuracy across the 13-branch network.

VIRGINIA BEACH – Bayport CU has signed with CU Student Choice to offer the CUSO’s private student loan products.

OLYMPIA, Wash. – Washington State Employees CU said yesterday it signed with Avista Solutions to implement the company’s Avista Agile mortgage loan origination system.

FRANKFORT, Ky. – Police are searching for a Kentucky Employees CU ATM that was stolen from a parking lot early Tuesday morning using a backhoe.

WASHINGTON – The Federal Reserve announced yesterday its board will meet next Wednesday to vote on a final rule implementing cuts in debit fees.

HOUSTON – Cardtronics, the nation’s biggest provider of ATM services and a key credit union partner, said yesterday it has agreed to acquire the ATM subsidiary of Efmark Deployment and its 3,700 cash machines in the Midwest and Great Lakes region, doubling its ATM placements in multiple states.

ALEXANDRIA, Va. – NCUA announced this afternoon that Bob Fenner, a fixture at NCUA Board meetings and at congressional hearings on credit unions for more than 30 years, will retire as the agency’s General Counsel August 1.

WALL STREET – JP Morgan Securities agreed today to pay $153.6 million to settle civil charges brought by the Securities and Exchange Commission that it misled investors in a complex mortgage-backed securities deal just as the housing market was starting to plummet. Under the settlement, harmed investors will receive all of their money back.

KANSAS CITY – A group of credit union borrowers in the Centrix Financial subprime auto loan program is appealing last month’s ruling by a federal court here denying their claims that their cars were illegally repossessed by Missouri Central CU because the statute of limitations on such claims had expired.

ST. LOUIS – State regulators last week approved an application from ailing Gateway Regional CU to expand and serve all 1.3 million residents of St. Louis County and the city of St. Louis.

MONTGOMERY, Ala. – A member of Alabama State Employees CU was sentenced to 21 months in prison and ordered to pay $1.4 million in restitution for filing more than 300 separate federal tax refunds through her credit union account.

FALL RIVER, Mass. – St. Anne's CU opened its first full-service branch in New Bedford last week.

ONTARIO, Calif. – California Center CU has re-signed an agreement to continue processing their credit card accounts with Card Services for CUs and partner Fidelity National Information Services.

POCATELLO, Idaho – Pocatello Simplot CU has signed with Enhanced Software Products, a data processor.

OLYMPIA, Wash. – Washington State Employees CU has installed 3VR's video intelligence platform to reduce fraud and help solve crimes.

WASHINGTON – The leader in the effort to delay the cap on debit fees called on the Federal Reserve last week to include all costs available, including fraud, in setting a final cap, which is expected to issue its rule any day now.

WASHINGTON – NAFCU called on Senate leaders yesterday to heed the spreading threats posed by new data security breaches and proceed with legislation that would protect consumers and card issuers from breaches.