WASHINGTON – Lawmakers are expected to press the case of credit unions and community banks asking for the Federal Reserve to ease off proposed price restrictions on debit interchange during a hearing before the House Financial Services Committee next week.

San Antonio FCU’s Jeff Farver To Retire SAN ANTONIO, Texas – Jeff Farver, who took over deeply troubled San Antonio FCU in 1990 and turned it into one of the most successful credit unions in the country, announced this morning he is retiring from the $3 billion credit union. Farver has handed over the job of president to the credit union’s chief operating officer Stephen Hennigan, and will continue on as CEO until the end of the year. Hennigan has been with SACU since 1993 when he was hired as director of treasury management and was closely involved in creating the credit union’s manufactured home lending CUSO, CU Factory Built Lending. He was named the NAFCU’s Credit Union Professional of the Year in 2008. Farver took over SACU in 1991 when it was under NCUA conservatorship and has built it into one of the most successful credit unions in the country. SACU reported a net of $23.4 million for 2010, even after $5 million charge for the NCUA assessments. The credit union, one of the first in San Antonio, was chartered in 1935 by the National Federation of Federal Employees Local No. 28.San Antonio FCU’s Jeff Farver To Retire

CHARLOTTE, N.C. – One of three men accused of robbing a Navy FCU branch in 2009 of more than $300,000 accepted a plea agreement Monday.

DETROIT – A man who faced the death penalty over the murder of an armored truck guard outside Dearborn FCU was sentenced to life in prison without parole in federal court yesterday.

JACKSONVILLE, Fla. – Fidelity National Information Services, fueled by a 9% growth in revenue, reported strong earnings of $110.6 million for its fourth quarter.

FITCHBURG, Mass. – Leominster CU has donated $25,000 to help fund a major renovation of the student center on the Fitchburg State University campus.

VIRGINIA BEACH, Va. – A local man pleaded guilty yesterday to an identity theft scheme that used identifications of Navy FCU members to obtain as much as $500,000 in loans.

ONTARIO, Calif. – CUDL, a provider of indirect auto loan services for credit unions, introduced a new dealer portal website yesterday at the annual National Auto Dealers Association Convention and Expo.

ALEXANDRIA, Va. – NCUA on Tuesday announced it hired Todd Harper, longtime legislative aide to congressional credit union champion Paul Kanjorski of Pennsylvania, as director of its office of congressional and public affairs.

ALEXANDRIA, Va. – NCUA on Tuesday cautioned credit unions who are working to reconstitute the corporate credit union network that putting too many resources in any one entity could pose an unacceptable “too big to fail” risk to the credit union system, just as the one at U.S. Central FCU.

CHARLOTTE, N.C. – Charlotte Metro CU, which built on its local image with a 2009 Super Bowl commercial touting banks’ “Fee Pigs,” scored again with a 30-second spot on Sunday’s local broadcast of the big game.

UNIVERSAL CITY, Texas – Randolph-Brooks FCU is giving back $5 million in debit fees it earned to its members.

DES MOINES – Former NCUA Chairman JoAnn Johnson was appointed this morning to head Iowa's credit union agency, replacing long-time director James Forney, who is retiring.

ALEXANDRIA, Va. – Pentagon FCU said this morning it will be offering members an online car buying program provided by Zag, a unit of TrueCar. The program will allow members access to a comprehensive site where they can research new and used vehicles; get safety information, see photos and videos of vehicles, read reviews, and receive actual price quotes on vehicles from dealers in the program located in their area. The PenFed Auto Buying Program is unique in that members do not have to enter their e-mail address or provide any personal contact information to dealerships in order to see their price quote; price quotes are all offered upfront. Across Zag's more than 40 membership-based car buying programs, consumers save on average $4,302 off of MSRP.As part of the partnership, PenFed will share with its members TrueCar's new vehicle pricing data as well as its monthly TrueTrends report, which features the best and worst days of the month to buy a car, as well as data on incentives and the greatest overall discounts by make, manufacturer and type of vehicle.

JACKSONVILLE, Fla. – Fidelity National Information Services announced a deal this morning to acquire GIFTS Software, a provider of integrated funds transfer, Web-based cash management systems and anti-money laundering solutions. The deal will allow Fidelity National to offer a robust and fully integrated, licensed or ASP real-time wire transfer solution, eliminating the need for its clients to turn to other providers for these capabilities. The licensed solution has already been deployed in conjunction with a number of FIS’ core solutions. The ASP solution is already integrated with FIS’ IBS core banking platform and FIS intends to integrate it into the company’s other core solutions. GIFTS solutions are deployed in more than 70 banks including some of the world's largest financial institutions. The 25-year-old GIFTS is based in New York City. The financial terms of the deal were not disclosed.

RESTON, Va. – Sallie Mae yesterday named Paul Thome, a former mergers and acquisitions specialist, as CEO of its Sallie Mae Bank, which funds the student loan giant’s growing private loan portfolio.

BIRMINGHAM, Ala. – Larry Morgan, former president of APCO CU, was appointed by Gov. Robert Bentley as administrator of the Alabama CU Administration, the regulator for state chartered credit unions.

GARDEN CITY PARK, N.Y. – Sperry Associates FCU, battling from ill-fated loan participations as well as the massive mortgage fraud at CU National Mortgage, named Jim Duffet, a 16-year veteran of the one-time $370 million credit union, as its president and CEO.

MADISON, Wis. – Heritage CU, formerly an Oscar Mayer employees' credit union, has agreed to acquire A-B CU, an ailing, one-time $56 million Milwaukee credit union.

CHILICOTHE, Ohio – Homeland CU has signed a new contract with Edcomm Banker’s Academy for the company’s online credit union training curriculum.