CHICAGO – Polish & Slavic FCU, which serves New York’s Brooklyn Polish immigrant community, the nation’s largest, expanded its presence in Chicago, home to the nation’s second-largest population of Polish-Americans.

LARGO, Md. – Representatives of Prince George’s FCU and local police are handing out $1 bills today to drivers who have all occupants buckled up as part of the "Click It or Ticket" Safety campaign.

RIVERSIDE, Calif. – One lucky member of Altura CU got the chance to meet Grammy-award winning country music singer Carrie Underwood at the Stagecoach Country Music Festival held earlier this month in Indio after winning the grand prize in an Altura debit card sweepstakes.

RALEIGH, N.C. – State Employees’ CU said its National CU Youth Week’s “Money Rocks at My Credit Union” promotion attracted $3.2 million in new deposits from 17,500 of its young members.

PHOENIX – Desert Schools FCU has contracted with i365 for the company’s EVault Plug-n-Protect backup and recovery appliances via solution provider 3RP.

JACKSON, Mich. – American 1 FCU has agreed to acquire Premier Financial CU, a struggling one-time $88 million credit union in metropolitan Detroit.

CHANTILLY, Va. – Online Resources Corp. said yesterday that a financial settlement with its founder and former CEO helped push it into the red for the first quarter to the tune of $7.2 million, from a loss of $150,000 for the same quarter last year.

WASHINGTON – The legality of NCUA’s April 15 takeover of an Arizona credit union processing billions of dollars in Internet poker bets ultimately could be decided on a court’s ruling whether the activity is a legal one for federally chartered credit unions.

ALEXANDRIA, Va. – An over-concentration of subprime mortgage-backed securities caused the failure of Members United Corporate FCU, the one-time $14 billion corporate that is restructuring itself, NCUA said in a new report issued last night.

EAST LANSING, Mich. – Michigan State University FCU saluted two of its longtime directors, Nancy Craig, who served 31 years on the board of the $1.3 billion credit union, and Ralph Hepp, 24 years.

PHILADELPHIA – CRIF Select, part of CRIF Lending Solutions, on Monday announced its expansion into the Pennsylvania indirect lending market.

SAN DIEGO – Mitek Systems, developer of popular mobile banking and deposit technology, said yesterday it received a $15 million investment from two venture capital firms.

ST. PAUL, Minn. – Affinity Plus FCU signed a seven-year contract for electronic banking from PSCU Financial Services.

PEARL RIVER, N.Y. – Palisades FCU is holding a different type of lottery – a chance to win $100,000 by guessing the credit union’s vault code.

BATON ROUGE, La. – A state appeals court ruled the Louisiana State Market Commission owes ailing Texans CU $3.4 million it guaranteed on a defaulted loan the Texas credit union giant made to a defunct Cypress tree lumber mill.

DULUTH, Ga. – Officials with Georgia Corporate FCU and Southwest Corporate FCU are soliciting their members for as much as $130 million in new capital to finance the combination of the two into a new corporate, Catalyst Corporate FCU.

WESTMINISTER, Colo. – NCUA has given preliminary approval to a group of 14 corporate credit unions to acquire the payments operations and assets of defunct U.S. Central FCU to create a new national payments company for credit unions.

WASHINGTON – Lawyers representing NCUA are scheduled to tangle in federal court tomorrow with a duo of high-powered White Shoe attorneys for Boies Schiller & Flexner, a New York legal firm hired by Vensure FCU in its challenge of last month’s NCUA takeover.

WASHINGTON – The Federal Reserve is planning to amend its proposal to cap debit fees at a higher rate, setting a compromise in the heated controversy between merchants and banks and credit unions while at the same time threatening efforts by banks and credit unions to delay implementation of the rule.

COLUMBUS, Ohio – Corporate One FCU announced this afternoon it has raised $80.5 million in new capital, making the $4.5 billion institution one of the first corporates to reach NCUA’s new minimum capital standards.