FOWLERVILLE, Mich.-Two local retirees say they are fed up with paying ATM surcharges where there is no notice and are traveling the country to withdraw cash at targeted ATMs, then filing suit-five against local credit unions in one week.

NEW YORK-The National Federation of Community Development Credit Unions has received a grant to pilot a nationwide program that will help low-income seniors gain financial security.

BOSTON-The Federal Home Loan Bank of Boston, still digging out from tens of millions of dollars of losses on its private label mortgage-backed securities, recently filed suit against Wall Street underwriters of the faulty securities, the sixth FHLB to take its MBS case to court.

Associated HC, TRC In Partnership

MADISON, Wis.-Credit unions are being urged to apply for new Financial Education Grants from the National CU Foundation (NCUF). Deadline for applications is June 30.

Bienz New CEO At Partners 1st

5/3 Adds Currency Conversion

Workers' CU, Fitchburg, Mass., re-elected to its board of directors Marina Raher, John Morse, and Jack Ford (vice-chair) to serve three-year terms. James Rouse (chair) was also elected to the board.

CHESTERFIELD, Mo.-First Community Credit Union is reporting it has seen higher transaction volume at branches it has inside Walmarts vs. stand-alone branches.

CU SUES WALL STREET OVER EASTERN FINANCIAL FAILURE

A program created by the African-American Credit Union Coalition to help struggling CUs survive has begun to see a significant increase in participation in recent years.

WARRENVILLE, Ill.-As the member CUs of Members United Bridge Corporate Credit Union move forward with an attempt to capitalize and charter a new corporate to replace the failed one, the group has been given the go-ahead for its chosen name: Alloya.

JACKSONVILLE, Fla.-Florida Baptist Credit Union believes it does not take a great deal of hype and marketing to get members to take the CU's credit card-just a couple strong selling points.

MIAMI-A sketchy economy and recognition it was over-extended on its auto loan portfolio led Bellco Credit Union to reexamine its risk-management strategies.

ELYRIA, Ohio-When it comes to credit cards, serving a single SEG is a marketing advantage over banks and even community chartered CUs, attests one single-sponsor shop that has the highest credit card penetration among CUs in the country.

MADISON, Wis.-There is little debate over which is more appealing to consumers, a sleek Apple store, or a financial institution branch with people standing 15 deep and waiting on a teller.

SACRAMENTO, Calif.-In the wake of the mortgage and real estate market meltdowns, state legislatures have been eager to show they are on top of the problem.

NEW YORK-Delinquencies on credit cards have improved and are now at their lowest point since the financial crash of 2008, according to Moodys Investors Services.

ST. PETERSBURG, Fla.-Leveraging the CU's affinity with its membership is one of the most effective ways to drive credit card penetration.

MADISON, Wis.-Pete Crear, the well-known president and CEO of the World Council of Credit Unions, announced last week that he plans to retire in July.