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NEWBURGH, N.Y. – Hudson Heritage FCU opened a new branch in a Wal-Mart Supercenter here, the $225 million credit union’s 10th branch.
April 13 -
MADISON, Wis. – A former branch manager at Dane County CU was accused yesterday of falsifying loans to family members for more than $36,000, then using the money herself.
April 13 -
TOLEDO, Ohio – Directions CU announced it is shuttering two under-performing branches next month, one in Mount Vernon and one in Mansfield.
April 13 -
ALEXANDRIA, Va. – NCUA said yesterday it will be awarding a total of $200,000 in small grants for financial education under a new Financial Education and Financial Literacy program.
April 13 -
NEW YORK – A Malaysian national, arrested in October hours after flying into Kennedy International Airport, pleaded guilty yesterday to hacking into the Federal Reserve’s computer system and to illegally possessing hundreds of thousands of card account numbers and other account information, including those from a number of credit unions.
April 13 -
PLANO, Texas – Credit unions executives are still in a black mood about the economy, according to the Southwest Corporate CEO Confidence Survey for the first quarter.
April 13 -
WASHINGTON – In the first known coordinated action of its kind, the Department of Justice and FBI filed a civil suit, criminal seizure warrants and a temporary restraining order this afternoon to disable an international botnet that has been used to access thousands of bank accounts and businesses.
April 13 -
WASHINGTON – Sen. Richard Durbin, author of the controversial rule to set caps on debit fees, yesterday denounced assertions by banks and credit unions that having card giants MasterCard and Visa set prices for debit is preferable to having the Federal Reserve set price limits on the increasingly popular form of payment.
April 13 -
HARBOR, Ore. – Chetco FCU said its longtime president and CEO Stan Baron is retiring May 1, after 40 years in the credit union movement.
April 12 -
PHOENIX – Arizona FCU has contracted with Akcelerant for the use of the company’s new loan origination system.
April 12 -
KANSAS CITY – Mazuma CU has signed with Imprivata to install the company’s OneSign Single Sign-On and Authentication Management solution.
April 12 -
NEW YORK – United Nations FCU has signed with TimeTrade to streamline its service appointments each month through the company’s online Appointment Cloud.
April 12 -
PORTSMOUTH, N.H. – Service CU will be the title sponsor of the Boston-Portsmouth Air Show featuring the United States Air Force Thunderbirds.
April 12 -
BETHPAGE, N.Y. – Bethpage FCU, the chief sponsor of the annual Bethpage Air Show, is offering $500 worth of prizes to three of the air show’s biggest fans as determined over Facebook.
April 12 -
CHELSEA, Mass. – Metro CU, in the process of acquiring nearby University FCU, is opening a new Boston branch next month, representing an expanded presence in the city by the $800 million credit union based in Boston’s working neighborhood of Chelsea.
April 12 -
NORTH CANTON, Ohio – ATM Maker Diebold Inc. has agreed to consolidate operations in a new $100 million headquarters at a to-be-determined location in the economically depressed Akron/Canton region.
April 12 -
SHOREVIEW, Minn. – Deluxe Corp has agreed to purchase Banker’s Dashboard, an Atlanta-based software-as-a-service company serving more than 300 financial institutions nationwide, further diversifying the company from its core check printing business.
April 12 -
TORONTO – Davis + Henderson said it raised $122 million in a secondary offering, which the financial services firm used to finance its acquisition of online mortgage origination provider Mortgagebot.
April 12 -
MADISON, Wis. – CUNA Mutual Group said this afternoon it is now offering Transamerica’s four variable annuities to members at thousands of credit unions under CUNA Mutual’s MEMBERS brand.
April 12 -
WALL STREET – The New York Stock Exchange will celebrate Financial Literacy Week this afternoon by having representatives of the Center for Financial Services Innovation, Brooklyn Cooperative FCU and the Filene Research Institute ring its ceremonial closing bell at 4:30 pm.
April 12