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BROCKTON, Mass. – Crescent CU said it helped raise $15,000 for the Old Colony YMCA's Strong Kids Campaign.
May 23 -
FAIRHAVEN, Mass. – First Citizens FCU has donated $65,600 to local and national veterans’ organizations as a result of the continued success of its Hero Account program.
May 23 -
ST. LOUIS – Gateway Regional CU, chartered to serve federal employees in the city of St. Louis, has applied to state regulators to serve all 1 million residents of the county and city of St. Louis.
May 23 -
WARREN, Mich. – Extra CU said yesterday it signed with AnyHour Solutions for the company’s AnyHour Loan-By-Phone 24/7 Call Center service.
May 23 -
VANCOUVER, Wash. – Columbia CU has signed with Security One Lending to offer its members reverse mortgages.
May 23 -
FAYETTEVILLE, N.C. – One man was sentenced to probation and another to more than a year in prison in the 2009 robbery of $309,900 from a Navy FCU branch here when an insider planned the holdup.
May 23 -
WHITTIER, Calif. – Credit Union of Southern California on Monday announced it has agreed to acquire ailing Inland Empire CU, a one-time $50 million institution in nearby Pomona.
May 23 -
JOPLIN, Mo. – All four credit unions in this city have been damaged by the tornado here that killed at least 100 people, with the damage to one CU described as “severe.”
May 23 -
PIERRE, S.D. – Lawyers for the Federal Reserve told a federal appeals court Friday that expectations by Minnesota’s TCF Bank for a continued revenue stream from debit transactions are not dependent on the free market but on card giant Visa, which paid the bank $100 million in debit fees last year.
May 23 -
TALLAHASSEE, Fla. – Southeast Corporate FCU announced this morning its recapitalization plan has been cleared by NCUA and it plans to begin soliciting members for $80 million in perpetual contributed capital on Wednesday.
May 23 -
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UT FCU, Knoxville, Tenn., announced that Katie High and John Sheridan were elected to its board of directors. Incumbent Mike McNeil was also re-elected.
May 23 -
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ALEXANDRIA, Va.-The NCUA Board last week proposed a plan that would allow credit unions to prepay their annual assessments for the corporate credit union bailout, which they project will amount to $2.94 billion, or 38 basis points, for this year and next.
May 23 -
KINGSPORT, Tenn.-The secret to Eastman Credit Union's success requires a short trip down memory lane, according to CEO Olan Jones.
May 23 -
ALEXANDRIA, Va.-NCUA's policy over the new $250,000 deposit coverage is causing widespread confusion among credit union members and prompting a growing number of challenges to the agency's payouts after credit union failures.
May 23 -
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SAN ANSELMO, Calif.-A new analysis suggests that the current landscape of business deposits is likely to change as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and in particular, Section 627, which repeals Section 19(i) of the Federal Reserve Act.
May 23
