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READING, Penn. – Members and employees of Barta-Berks Community FCU marked last week’s passing of Robert Eiler, 91, who spent the last 50 years as a volunteer at the tiny credit union.
November 18 -
BETHPAGE, N.Y. – Bethpage FCU has donated $10,000 to the Long Island Crisis Center to be used to develop a new anti-cyber bullying initiative.
November 18 -
CAMBRIDGE, Mass. – Harvard University Employees FCU has opened an ATM in the University’s Quad.
November 18 -
EAST LANSING, Mich. – Michigan State University FCU said yesterday it renewed its contract with Card Services for CUs to process its 86,000 credit and 116,000 signature debit accounts.
November 18 -
ALBUQUERQUE, N.M. – Navy FCU will open its newest branch here Monday outside Kirtland Air Force Base, to serve more than 20,500 active duty Airmen, National Guard and reservists, and contractors.
November 18 -
WALLINGFORD, Conn. – NCUA plans to liquidate Constitution Corporate FCU, the fifth corporate failure, as part of its legacy assets program.
November 18 -
WASHINGTON – Mortgage rates surged this week from record lows last week amid a sell-off of all kinds of bonds.
November 18 -
NEW YORK – A Malaysian man traveling to the U.S. to sell stolen credit card information was arrested soon after he arrived at Kennedy International Airport with a laptop containing information on more than 400,000 credit card accounts, including that of credit union members.
November 18 -
COLLEGE PARK, Md. – A $33 million off-campus student housing development financed by area credit unions is scheduled for opening in January.
November 18 -
ALBANY, N.Y. – The Empire State Development Corp. awarded $25 million in loan capital yesterday to 20 community development lenders, including four credit unions, from the state’s new Small Business Revolving Loan Fund.
November 18 -
ALEXANDRIA, Va. – NCUA’s plan to boost spending by $24.5 million, or 12% next year, to $225 million, including pay raises of as much as 8%, was roundly criticized by the credit union lobby yesterday.
November 18 -
ALEXANDRIA, Va. — The NCUA Board this morning approved a 12% increase in spending for next year, with most of the increased costs dedicated to additional examiner hires to cope with growing losses among credit unions.
November 18 -
ONTARIO, Calif. – DU Direct Corp. said yesterday it has signed three more credit unions to its CU Direct Lending platform.
November 17 -
HUNTSVILLE, Ala. – DeepTarget Inc. said it has added five more credit unions to its clients roster for the company’s online marketing and delivery services.
November 17 -
MANHATTAN BEACH, Calif. – Kinecta FCU said yesterday it signed with Wolters Kluwer Financial Services to implement the company’s ARC Logics for Financial Services offering to proactively measure, monitor and manage risk across all of the credit union's business lines.
November 17 -
SAN ANTONIO – Firstmark CU said yesterday it has elected of Adobe as its provider for online business optimization software.
November 17 -
LOS ANGELES – Los Angeles FCU has signed with the city of Los Angeles to offer car loans as low as 2%, as part of the growing Shop LA campaign.
November 17 -
BIRMINGHAM, Ala. – America’s First FCU announced yesterday that David Adcock, its president and CEO, is retiring after 38 years with the $1.1 billion credit union.
November 17 -
SOUTHFIELD, Mich. – Member Driven Technologies, a technology CUSO owned by five area credit unions, was awarded a $557,000 state tax credit by the Michigan Economic Development Corp., one of 13 awards announced yesterday.
November 17 -
SAN JOSE, Calif. – Technology CU has hired Herman White, Jr., former managing director and co-founder of Crossbridge Venture Partners, a $40 million venture capital fund, as senior vice president of commercial and business banking.
November 17