RIVERWOODS, Ill. – Discover Financial has begun issuing its new Zip contactless credit cards and stickers, targeted at early adopters of its mobile technology.

WASHINGTON – Two former employees of Clara Barton FCU were arrested yesterday after being indicted by a federal grand jury for issuing more than $675,000 in fraudulent loans from the credit union and conducting unauthorized transactions on member accounts.

JACKSON, Mich. – CP FCU has contributed $10,000 to the Center for Family Health’s construction of a new downtown health center.

PITTSBURGH, Penn. – Omega FCU has selected Fiserv’s Portico account processing platform for their more than 16,000 members.

BOULDER, Colo. – Premier Members FCU has hired Carlos Pacheco, executive vice president at Arizona’s Desert Schools FCU, as president and CEO of the $400 million credit union.

SACRAMENTO, Calif. – A one-time gang member was sentenced to jail Monday for his role in fraudulent card ring that stole as much as $2 million from 37 credit union and banks in late 2007 and early 2008.

ALEXANDRIA, Va. – Fast-growing Pentagon FCU celebrated its one millionth member with the addition of more than 100,000 members of the Marine Corps League and Marine Corps League Auxiliary to its field of membership.

VIENNA, Va. – Navy FCU said yesterday it has slashed rates on credit card balance transfers to just 2.99% to help members and prospective members kick-start holiday spending.

WALL STREET – NCUA is expected to launch a fourth offering of guaranteed corporate notes this morning, this time of $3.5 billion worth.

LAKE BLUFF, Ill. – New requirements that credit unions and banks receive permission from customers to sign them up for overdraft protection for their checking accounts proved to be a positive–not a negative–with credit unions expanding their overdraft protection business as a result.

FORT LEWIS, Wash. – America’s CU raised $40,000 for four local charities during its 10th Annual Holiday Troop Support Golf Tournament at Eagles Pride Golf Course last month.

CHARLESTON, S.C. – A former accounts manager at South Carolina FCU who helped embezzle about $330,000 by withdrawing money from inactive accounts was sentenced Monday to 18 month in prison.

BOSTON – A wily bank robber who police said made is escape in under 30 seconds after eight area hold-ups pleaded guilty to bank robebry charges here Monday.

ARCATA, Calif. – Northern Redwood FCU said Gregory Goodwyn, hired as manager of the then-$1 million credit union in 1981, is retiring at year-end.

REDONDO BEACH, Calif. – South Bay CU has hired Jennifer Oliver, the president of nearby California Bear CU and a resident of nearby Hermosa Beach, as CEO of the $71 million privately insured credit union.

FORT WAYNE, Ind. – 3Rivers FCU has installed the MeridianLink XpressAccounts automated account opening system.

EDWARDSVILLE, Ill. – A member of 1st MidAmerica CU is suing the one-time Olin Community CU saying administrative fees the credit union charged on a Visa gift card she bought for her father-in-law for Christmas have wiped out virtually all of the $50 value of the card.

WASHINGTON – The Senate Banking Committee, reflecting heightened congressional interest in the corporate credit union bailout, has set an unusual oversight hearing focusing solely on NCUA for next week.

PLANO, Texas – In the first of what is expected to be numerous mergers among surviving corporate credit unions, the advisory council of Southwest Bridge Corporate approved a plan yesterday to merge the corporate shell and its national field of membership into Georgia Corporate FCU, known until a charter change last month as Georgia Central CU.

SAN BERNARDINO, Calif. – In a desperate attempt to trim operating expenses, ailing Arrowhead Central CU, run under NCUA conservatorship since June, announced this morning it is closing eight more branches by year-end, atop of the four branches sold this summer to Alaska USA FCU.