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DULUTH, Ga. – ATM maker NCR Corp., fueled by a 6% rise in revenues, reported a $14 million net for the first quarter of 2011, compared to a $17 million loss for the same period last year.
April 28 -
ST. PAUL, Minn. – Deluxe Corp. reported a 2% drop in first quarter earnings, to $32.6 million, as the company’s core check printing business continued to decline.
April 28 -
HOUSTON – ATM operator Cardtronics reported first quarter net income yesterday of $6.5 million, up from $4 million for the same period last year, as revenues rose a healthy 8%.
April 28 -
HOUSTON – Pioneer Muslim FCU has contracted with Fifth Third Processing Solutions for EFT services.
April 28 -
GERMANTOWN, Md. – Montgomery County Employees FCU said yesterday it signed with BALANCE Financial Fitness to proved financial literacy courses to its members.
April 28 -
GARDNER, Mass. – The Federal Home Loan Bank of Boston has awarded GFA FCU a $100,000 “Equity Builder” grant that helps low-income first-time homebuyers pay closing and downpayment costs.
April 28 -
WASHINGTON – Mortgage rates declined slightly this week after some weak economic reports, including one showing a continued drop in home prices, according to Freddie Mac.
April 28 -
NORTON, Kan. –The former manager of United Northwest FCU was fired in 2009 after he tried to cover up a series of loans he made in violation of the credit union’s policies that ended up costing the $24 million a loss of more than $1 million, according to a new suit filed in connection with the case.
April 28 -
NEW YORK – While creditors continue to sift through billions of dollars in claims in the Lehman Brothers bankruptcy, Evangelical Christian CU is asking the U.S. Bankruptcy Court for an order that will allow it to sell a valuable California real estate parcel that is on hold because of the huge bankruptcy.
April 28 -
STATE COLLEGE, Penn. – The former manager of State College FCU was charged Wednesday with embezzling more than $67,000 by paying herself extra.
April 28 -
SAN DIMAS, Calif. – WesCorp FCU will shed its storied past, including the failure of the one-time $34 billion corporate credit union, with a new name going forward, United Resources FCU.
April 28 -
LAS VEGAS – Silver State Schools CU, the nation’s largest privately insured credit union that has struggled with big losses the past two years, reported a slight profit of $90,000 yesterday for its fiscal first quarter.
April 27 -
MADISON, Wis. – The World Council of CUs said yesterday Pete Crear, the longtime league executive who led WOCCU since 2005, is retiring following the group’s annual conference in Glasgow, Scotland this summer.
April 27 -
HACKENSACK, N.J. – A former loan officer at Paragon FCU, two real estate consultants, an appraiser and eight others were charged yesterday with falsifying loan applications as part of a multi-million mortgage fraud.
April 27 -
BILLINGS, Mont. – A former Montana Health FCU teller admitted yesterday that she stole money from the credit union, including funds from her grandparents’ account, to pay for vacations and living expenses.
April 27 -
NORCROSS, Ga. – Associated CU said its non-profit Associated Credit Union Foundation gave a $10,000 contribution to Operation HomeFront, which supports housing for wounded soldiers.
April 27 -
NASHVILLE, Tenn. – US Community Credit Union is opening a branch at McGavock High School this fall that will be operated by students in the school’s hospitality and finance academy and cater to other McGavock students and faculty.
April 27 -
ATLANTA – Credit bureau Equifax reported net income yesterday of $57.3 million for its fiscal first quarter, up 1% from a year ago.
April 27 -
NORTH CANTON, Ohio – ATM maker Diebold reported yesterday that first quarter net dropped 90% as sales fell, margins declined and operating expenses jumped sharply.
April 27 -
BROOKFIELD, Wis. – Fiserv reported a 7% decline in first quarter profit yesterday, to $112 million, on higher expenses and flat revenue growth.
April 27