WALL STREET – NCUA plans to sell as much as $1.2 billion of its corporate bailout bonds later this week backed by student loan assets owned by the failed corporate credit unions.

LONDON – In a foreign takeover battle that could reverberate among U.S. credit unions, cards maker Oberthur offered to acquire Britain’s venerable bank notes and cash machine manufacturer De La Rue for $1.4 billion, but the offer was rejected as insufficient.

HARTFORD, Conn. – American Eagle FCU presented $45,567 to the United Way of Central and Northern Connecticut at the United Way’s Victory Celebration held at the Pratt & Whitney Hangar in East Hartford on Nov. 30.

YORK, Penn. – White Rose CU said it has named Debra Kauffman, a one-time teller, as president and CEO of the $60 million credit union.

LAHAINA, Hawaii – West Maui Community FCU plans to build a two-story commercial building in Lahaina for its new offices.

WARREN, Ohio – Seven Seventeen CU has acquired Experian QAS data quality software to better manage member addresses.

SIOUX FALLS, S.D. – Sioux Empire FCU has implemented eDoc Innovations’ CheckLogic branch capture and electronic image processing system.

TALLAHASEE, Fla. – Southeast Corporate FCU said it has signed with Sallie Mae to allow its member credit unions to offer Smart Option Student private loans through the student loan giant.

APPLE VALLEY, Calif. – Alaska USA FCU, which has been building a California presence for two years, said yesterday it is opening all seven of its branches in the Golden State to shared branching through the CU Service Centers Network.

WASHINGTON – Ed Yingling, a long-time credit union adversary as head of the American Bankers Association, is going to work as a banking lobbyist for the venerable New York law firm Covington & Burlington in its Washington office.

WASHINGTON – Rep. Spencer Bachus, an Alabama Republican who was one of just seven House members to vote against HR 1151, the landmark CU Membership Access Act in 1998, but has proven a strong credit union supporter since then, on Tuesday was chosen by his Republican colleagues to chair the House Financial Services Committee in the next Congress.

LAKE MARY, Fla. – Harland Financial Solutions announced a deal this morning to acquire Memphis-based uMonitor, the well-known provider of online solutions for credit unions.

TRENTON, N.J. – A local man was sentenced to 64 years in prison for a series of three armed robberies last year, including the January holdup at the First Atlantic FCU branch in Neptune when $82,900 was stolen.

ANCHORAGE, Alaska – Alaska USA FCU pledge $50,000 to support redevelopment of the Anchorage Veterans’ Memorial located on the Delaney Park Strip during last month’s Veterans’ Day celebration.

TUKWILA, Wash. – BECU celebrated its 75th anniversary with a contribution of $20,000 to each of four local affordable housing agencies to support its community outreach.

PORTLAND, Ore. – Advantis CU reopened its flagship, 12,380-square-foot branch in Belmont yesterday after an extensive, $2.2 million upgrade in structure and technology.

WARREN, Ohio – Seven Seventeen CU has implemented eDoc Innovations’ CheckLogic integrated branch check capture and electronic image forward processing system.

WASHINGTON – As part of its year-long 75th anniversary celebration, Justice FCU is offering members 7.50% APR on a 75-day share certificate of deposit, following a year of special offers.

COLLINSVILLE, Ill. – Members of Scott CU will get help paying for their holiday expenses with a bonus dividend and interest rebate totaling $600,000.

BATTLE CREEK, Mich. – OMNI Community CU is paying its third consecutive Cashback Rebate – an estimated $800,000 this year – as a way to say “thank you” to its members for banking with the credit union.