BRONX, N.Y. – Bethex FCU is one of four community development financial institutions to win a $25,000 Wachovia Wells Fargo NEXT Award for Opportunity Finance.

WASHINGTON – Mortgage rates were almost flat this week, remaining near record lows, according to Freddie Mac.

ATLANTA – S1 Corp. reported a narrow third quarter profit yesterday of just $892,000, as revenues for the quarter dropped 11%.

CHANTILLY, Va. – Online Resources Corp. said it moved back into the red for the third quarter, in the face of flat revenue growth.

SAN ANTONIO – Harland Clarke Holdings, the nation’s biggest printer of checks, on Thursday said declines in its core checks business, combined with interest costs related to the takeovers of the John H. Harland and Clarke American checks business forming the conglomerate, to push down earnings for its third quarter.

MADISON, Wis. – Credit unions can combat legislative threats to their non-interest income by driving greater use of credit and debit cards by members, along with the installation of a “consultative culture.”

MADISON, Wis. – Credit unions can build a long-term, sustainable business model by adjusting to the “new normal,” according to one person.

MADISON, Wis. – Baby boomers aren't through with needing their credit unions just yet.

LANCASTER, Penn. – Mennonite Financial FCU and Mennonite Mutual Aid (MMA) have adopted a unified identity – Everence.

ATLANTA – Payments processing giant First Data Corp. reported this morning that huge debt incurred from the 2007 buyout of the company by private equity firm Kohlberg Kravis Roberts & Co. continues to weigh heavily on its bottom line, creating a $431.3 million loss for its third quarter, even while revenues continued to rise, increasing a strong 8% in the period.

PEARL RIVER, N.Y. – The 10,000th member of Palisades FCU was awarded an Apple iPad laptop computer in celebration of the milestone.

HOUSTON – Houston Highway CU and YOUR FCU have become members of the CO-OP ATM Network from CO-OP Financial Services.

ALEXANDRIA, Va. – The NCUA Board denied a bid by Employees CU in Dallas for reimbursement on an additional $287.67 of dividends it had accrued on a $250,000 CD it had with St. Paul Croatian FCU, after NCUA liquidated the one-time $210 million Cleveland credit union last April.

MINNEAPOLIS – FICO, the developer of the ubiquitous credit score, said net income for its fiscal fourth quarter declined 8% to $15.8 million.

WASHINGTON – Freddie Mac on Wednesday reported another huge loss for its third quarter, of $4.3 billion, necessitating it to ask for an additional $100 billion in government bailout funds.

WASHINGTON – Pentagon FCU has teamed with Diebold to place a simulated ATM in the Veteran’s Affairs Medical Center for use in rehabilitating seriously wounded soldiers.

RICHMOND, Va. – Entrust FCU has hit the local airwaves with a series of 30-second animated television spots that focuses on the credit union difference and the faith-based credit union’s adherence to Christian philosophies.

WASHINGTON – Credit Union Student Choice, which provides private student loans for more than 100 credit unions, said it plans to offer private consolidation and graduate business loan programs in 2011.

LOS ANGELES – Former WesCorp CEO Robert Siravo told a federal court here he is ready to defend himself against charges of managerial negligence in the failure of the one-time $34 billion corporate, but that additional charges brought by NCUA alleging he plotted to pad his retirement benefits by millions are nothing but a “sideshow” to the main event and should be dismissed.

NEW YORK – The National Federation of Community Development CUs said it “categorically rejects” a new paper that claims politics influenced where investments from Treasury's Community Development capital Initiative (CDCI) have gone.