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NORTH CHARLESTON, S.C. – South Carolina FCU has formed a new CUSO that will offer insurance solutions such as vision and dental plans.
May 17 -
LAKE JACKSON, Texas – Texas Dow Employees CU said yesterday it has agreed to merge with the $80 million Bluebonnet CU, expanding its footprint in the Houston market.
May 17 -
MOBILE, Ala. – A prominent realtor, her son and daughter-in-law pleaded guilty yesterday to an expanding mortgage fraud that enabled them to buy expensive vacation homes at Alabama’s Gulf Shores using “straw borrowers” to qualify for credit union loans.
May 17 -
WASHINGTON – Senate Majority Leader Harry Reid plans to hold a vote on a proposal to delay the cap on debit fees, even as the Senate leader says he is opposed to the delay.
May 17 -
ALEXANDRIA, Va. – NCUA said federal credit unions may sell their loans to a registered mutual fund that organizers are hoping will form the basis of a new secondary market for credit unions.
May 17 -
DULUTH, Ga. – NCR unveiled new technology this morning that lets consumers video conference with live, remote credit union or bank tellers directly from the ATM.
May 17 -
LAS VEGAS – Silver State Schools CU, the one-time $1 billion credit union struggling to stay afloat, said Monday it will cut employee pay by 2% starting in September to cut cost by $150,000 a year.
May 16 -
BALLLSTON SPA, N.Y. – A church pastor pleaded guilty yesterday to embezzling $400,000 as marketing director for Hudson Valley Community CU.
May 16 -
LATHAM VILLAGE, Mich. – Michigan First CU said it working with CUTEK on a custom programming project.
May 16 -
SUITLAND, Md. – Andrews FCU announced yesterday it signed with Gila Group to provide it with collection services on its delinquent accounts.
May 16 -
SOUTH BEND, Ind. – Notre Dame FCU announced yesterday has joined shared branching CU Service Centers’ shared branch network.
May 16 -
MAPLE GROVE, Minn. – TopLine FCU has deployed Riverbed Steelhead appliances between its data center and its remote disaster recovery site, helping it to improve the credit union’s business continuity and compliance capabilities.
May 16 -
ATLANTA – Delta Community CU said yesterday it has contracted with PSCU Financial Services Total Member Care call center services to support account and lending member inquiries.
May 16 -
ALBANY, N.Y. – SEFCU has donated $550,000 to the Albany Medical Center that will finance “SEFCU Cares for Children Program,” which will support pediatric services at the hospital.
May 16 -
PASADENA, Calif. – Wescomm Central CU’s Wescom Resources Group announced the release of MemberEdge Mobile Banking 2.0, the latest edition of its suite of mobile applications for credit unions.
May 16 -
LIVE OAK, Texas – Randolph-Brooks FCU launched a mobile banking application yesterday designed specifically for Apple's popular iPad tablet computer, the first credit union to implement the program by Vertifi Software LLC.
May 16 -
SIOUX FALLS, S.D. – Credit unions and banks urged a federal appeals court here to act quickly to block the Federal Reserve’s implementation of debit card caps, which they insist will break thousands of credit unions or banks.
May 16 -
NASHVILLE, Tenn. – Volunteer Corporate CU has agreed to combine with troubled West Virginia Corporate FCU, the latest of a growing list of corporate marriages.
May 16 -
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 16 -