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SAN DIEGO – Two off-duty Marine sergeants were charged yesterday with armed robbery in Saturday’s holdup at the California Coastal CU branch in La Mesa.
November 2 -
WINSTON-SALEM, N.C. – Ten students at East Forsyth High School have launched Winston-Salem’s first student-run credit union managed by Truliant FCU.
November 2 -
BROOKLYN, N.Y. – Brooklyn Cooperative CU is offering its members up to $5,000 by playing in the credit union’s new savings contest, “Stash for Cash.”
November 2 -
MT. LAUREL, N.J. – PHH Corp., which operates the biggest mortgage bank for credit unions, reported a narrow loss of $8 million for its fiscal third quarter, down from a $52 million loss for the third quarter last year.
November 2 -
MONETT, Mo. – Jack Henry & Associates reported a 29% surge in revenues for its fiscal first quarter, boosting net income by 21%.
November 2 -
PURCHASE, N.Y. – MasterCard reported a 15% rise in third quarter earnings yesterday, fueled by increased overseas spending on its cards.
November 2 -
HOUSTON – Cardtronics, the biggest ATM operator in the country, on Tuesday said strong revenue growth helped it double net income for the third quarter to $17.4 million.
November 2 -
SYRACUSE, N.Y. – Empower FCU, which has grown to $920 million through a series of mergers, has agreed to acquire Providers FCU, a troubled $10 million credit union here.
November 2 -
SAN ANTONIO – River City FCU reached an agreement with H.E. Butt Grocery Co. to open three new branches inside local H-E-B stores.
November 2 -
HONOLULU – Hawaii State FCU said it has signed with Open Solutions to implement the company’s DNA core relational platform for its processing needs.
November 2 -
RIVERSIDE, Calif. – Altura Credit Union is closing one of its two branches in Hemet, Calif., Credit Union Journal has learned.
November 2 -
WALL STREET – NCUA has increased the second offering of its corporate bailout bonds, expected to price this morning, to $3.76 billion from a planned $2.82 billion.
November 2 -
WASHINGTON – In a congressional campaign distinguished by its attack ads assailing candidates of both parties, CUNA and credit unions kept out of the mud by focusing on the positive.
November 2 -
WILKES-BARRE, Penn. – In the biggest loss for credit unions in yesterday’s elections, Democrat Paul Kanjorski, the long-time credit union champion in Congress, last night lost his bid for a 14th term.
November 2 -
LOS ANGELES – Former directors of WesCorp FCU urged a federal court today to dismiss a civil suit brought against them by NCUA, saying the federal regulator was well aware of what WesCorp managers were doing in the build-up to the failure of the one-time $34 billion corporate.
November 2 -
WORCESTER, Mass. – The former office manager of Wyman-Gordon FCU and her husband were sentenced to federal prison yesterday for staging a 2002 robbery at the credit union when they stole $210,000.
November 1 -
BROCKTON, Mass. – HarborOne CU has contributed $15,000 to help the Brockton High School marching band buy new uniforms.
November 1 -
MARTINSBURG, W.Va. – A husband and wife are suing Navy FCU claiming the credit union’s efforts to collect on an overdue car loan violated the West Virginia’s prohibition on debt collections over the telephone under the state’s Consumer Credit and Protection Act.
November 1 -
ROCKVILLE, Md. – The National Institutes of Health FCU announced the launch of a new member business loan program for qualified professionals in Maryland, the District of Columbia, Virginia and West Virginia.
November 1 -
ERIE, Penn. – Erie FCU opened two new branches, one in a Wal-Mart Supercenter and another in a residential walk-up facility.
November 1