ALEXANDRIA, Va. – NCUA attorneys are huddling this morning to discuss whether a freeze on federal pay raises proposed by President Obama would apply to the generous pay hikes for NCUA employees approved just two weeks ago which will cost $17 million to implement.

ORLANDO, Fla. – A former member service representative for Fairwinds CU pleaded guilty last week to an identity theft scheme by which she stole or tried to steal some $440,000 from accounts at the credit union and Royal Bank of Scotland, most of it from elderly or dead customers.

SAN DIEGO – One or more thieves unsuccessfully tried to steal an ATM at a USE FCU kiosk early Monday morning by Qualcomm Stadium.

GERMANTOWN, Md. – Montgomery County Employees FCU has rolled out FinanceWorks, a financial management tool for members powered by Intuit’s Quicken.

SAN ANTONIO, Texas – United SA FCU and the University of the Incarnate Word will open a student-run branch location on campus today.

ROCHESTER, N.Y. – ESL FCU has opened its first branch in Genesee County, with its first branch in Livingston County scheduled to open next month.

RADCLIFF, Ky. – Navy FCU opened a full-service branch here to serve employees at Fort Knox, one of two new branches launched yesterday.

RIDLEY PARK, Penn. – Boeing Helicopters CU has hired Philip Travaglini, former president of Sentry FCU, as CEO of the $120 million credit union.

SALT LAKE CITY – Utah Power CU will open its new home offices and branch tomorrow in nearby Murray.

ALEXANDRIA, Va. – A former investment broker who stole more than $2 million from three Pittsburgh-area credit unions through a Ponzi scheme was barred last week from the credit union industry by NCUA.

NEW ORLEANS – Hope Enterprise Corp. and its Hope FCU will be disbursing $20 million in loan capital to needy small businesses in the Gulf as part of Goldman Sachs & Co.’s 10,000 Small Businesses program.

WALL STREET – NCUA plans to sell another $3.5 billion of corporate credit union bailout bonds later this week, making a total of $16.5 billion to be sold over the past month.

ALEXANDRIA, Va. – NCUA and state examiners missed numerous signs of problems at some of the biggest credit union failures over the last two years and could have reduced losses to the National CU Shares Insurance Fund, a new study by NCUA Office of Inspector General concludes.

CUs Stagnated In Third Quarter

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced this morning it has teamed with mFoundry to offer mobile deposits, allowing members to “snap and deposit” checks from anywhere using their mobile phones.

MERIDIAN, Miss.-Knowing the importance NCUA places on Bank Secrecy Act (BSA) training, one credit union decided to make a game out of it.

FORT WAYNE, Ind.-3Rivers Federal Credit Union took two obsolete branches whose leases were up and turned them into "green" buildings that were built with local community involvement.

Gross revenue to Credit Union 1 generated by processing transactions for other credit unions' members = $174,313

RANTOULE, Ill.-Shared branching's benefits are clear to Credit Union 1: over $100,000 in additional annual revenue and a significantly lower attrition rate.

WINSTON-SALEM, N.C.-Allegacy FCU's new Project Management Office (PMO) has the credit union completing more initiatives that drive the bottom line, and avoiding efforts that don't.