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SAN DIEGO – A San Diego police officer and his wife on Wednesday pleaded not guilty to charges that they trashed their home after it was foreclosed on by San Diego Metropolitan CU, then stole major appliances and decorative features before vacating.
October 6 -
PEARL RIVER, N.Y. – Palisades FCU is taking its services where its members are with a 38-foot recreational vehicle that will serve as its mobile branch.
October 6 -
NORWALK, Conn. – Credit union executives are unanimously against a proposal by the Financial Accounting Standards Board that would extend fair value accounting, also known as mark-to-market, saying the bid to disclose loans and even deposits at market value could wreak havoc on their books and further damage public confidence in credit unions.
October 6 -
WASHINGTON – Credit union executives are being solicited anew on one of the few remaining ways to avoid the growing costs of the corporate credit union bailout – conversion to a mutual savings bank.
October 6 -
ONTARIO Calif. – The Corporate Realignment Task Force recently formed here in the wake of NCUA's revised corporate plan said it has arrived at several guiding principles as it begins its work: the need for a system solution; the need for aggregation; and the need for a universal solution.
October 5 -
SAN ANTONIO – Eight suspects were arrested and charged with a sophisticated kiting scheme that skimmed thousands of dollars from Security Service FCU, Firstmark CU and USAA Federal Savings Bank.
October 5 -
ATLANTA – Equifax said it bought Anakam Inc., a privately held company that authenticates the identity of customers for online companies, health care groups and government agencies.
October 5 -
HOUSTON – Cardtronics has entered an exclusive alliance providing Prepaid MasterCard issuers and program managers an opportunity to expand their ATM footprints through Cardtronics' Allpoint surcharge-free ATM network.
October 5 -
SODUS, N.Y. – Reliant Community FCU is adding two new branches in Wal-Mart Supercenters in the nearby communities of Geneva and Brockport this fall.
October 5 -
LATHAM, N.Y. – Sunmark FCU has introduced a mobile banking application that will allow members to conduct financial transactions and to voice opinions about the credit union’s products and services.
October 5 -
ALBUQUERQUE, N.M. – Sandia Laboratory FCU said it has signed with Fynanz Inc. to offer its members the company’s private student loans at its cuStudentLoans.org private student loan marketplace.
October 5 -
SALEM, Ore. – CUNA reported yesterday it is launching an independent campaign to help save Congressman Kurt Schrader, a freshman Democrat who currently is trailing in the polls.
October 5 -
FRENCH VALLEY, Calif. – A San Diego police officer and his wife have been charged with causing more than $200,000 in damage to their six-bedroom home, which was being foreclosed on by San Diego Metropolitan CU.
October 5 -
ALEXANDRIA, Va. – NCUA said federal credit unions can make only one long-term, residential mortgage loan, to a single member, with few exceptions.
October 5 -
ALEXANDRIA, Va. – NCUA Chairman Debbie Matz on Tuesday began a nationwide radio campaign to alert consumers of the full faith and credit of the federal government insuring their credit union deposits, part of a comprehensive effort by NCUA to tamp down worries about the nation’s credit unions.
October 5 -
DALLAS – The confidence level among credit union CEOs sank back to new lows last quarter, weighed down by new concerns about the soaring cost of the corporate credit union bailout and losses at the National CU Share Insurance Fund, according to Southwest Corporate FCU’s CEO Confidence Index posted yesterday for the just-completed third quarter.
October 5 -
ALEXANDRIA, Va. – NCUA said this morning it has granted charters to two new bridge corporate credit union that will assume the operations of U.S. Central FCU and WesCorp FCU, the two biggest corporate failures.
October 5 -
PORTLAND, Maine – A hefty Greyhound bus driver who stole more than $107,000 during a string of 12 credit union and bank heists earlier this year while wearing a variety of disguises was convicted on multiple bank robbery charges last week.
October 4 -
OAKLAND, Calif. – Golden Gateway Financial, a three-year-old provider of reverse mortgage services, has shut its doors, several months after signing deals with major credit unions.
October 4 -
BAKERSFIELD, Calif. – Kern Schools FCU has signed with Fiserv to implement the company’s XP2 account processing platform.
October 4