KALAMAZOO, Mich. – Consumers CU is now offering Federal Housing Administration mortgages to all qualified borrowers in West Michigan and surrounding areas.

SEATTLE – Richard Riccobono, the former chief of the Office of Thrift Supervision who has headed the Federal Home Loan Bank of Seattle through treacherous times, resigned as president and CEO of the Seattle Bank yesterday.

NANTICOKE, Penn. – Thousands of area credit union members and employees are expected this morning at a rally for Congressman Paul Kanjorski with former President Bill Clinton.

WASHINGTON – Credit unions are reporting that the growing costs of the corporate bailout and National CU Share Insurance Fund assessments are continuing to weigh heavily on their bottom lines, wiping out large portions of net income earned in the first three quarters of the year, and even threatening the recovery of several troubled institutions.

VIENNA, Va. – Navy FCU has agreed to delete a total of $50 million of debt owed by 6,700 members in several states on repossessed autos under a federal class action suit alleging the credit union violated the Uniform Commercial Code in the sale of their vehicles.

Tech Council Names Exec Committee

BASKING RIDGE, N.J.-Affinity FCU here is aggregating a hoard of warning signs to detect money laundering in high-risk member accounts-but accurately assigning account risk took awhile.

MAINE CUS PLAN NEW TV ADS

MARIETTA, Ga.-LGE Community CU is spending less time gathering data and making more informed strategic decisions by using a business intelligence solution.

Report Faults Examiners, NCUA In U.S. Central Failure

LAS VEGAS-Consumers want an alternative to the big banks when it comes time to get a mortgage, but credit unions aren't providing it.

CAMBRIDGE, Mass.-Is the credit union business model sustainable? Yes, according to four experts who were part of a high-level colloquium at Harvard University here, but only if certain caveats are recognized.

ALEXANDRIA, Va.-The NCUA Board, struggling with growing losses to the insurance fund from credit unions, cut back significantly on its eight-year-old deregulatory program known as Regulatory Flexibility, or Reg Flex.

WEST PALM BEACH, Fla.-Though credit unions are currently being haunted by corporate failures, growing CU losses and assessments, this Halloween season Credit Union Journal asked credit union executives to put those ghouls behind them for a moment to share some more typical horror stories.

WICHITA FALLS, Texas-Credit union managers are doing some of their handiwork from iPhone, Android and BlackBerry mobile devices instead of being chained to their desks and laptops.

INDIANAPOLIS-It doesn't always take a special promotion or a creative ad campaign to convince consumers to bring their business to the credit union.

Symitar Adds 32 Clients Over Past Yr

WABASH, Ind.-Employees at Beacon CU here turned to the Passageways portal for merger help when the $800-million CU joined forces with DeKalb Financial CU in August, said Kathy Houghtalen, Beacon's project manager.

LANSING, Mich.-Even as two credit unions become one during Lake Trust CU's merger here, employees know exactly where to go to get the latest word and to get to know one another: the employee portal.

Rochdale Grp. To Host Free Webinars