-
LIVONIA, Mich. – CU Village, through its Invest in America (IIA) program, said it will provide $700,000 toward the national underwriting of Biz Kid$, the Emmy Award winning and CU-funded TV series that airs on PBS stations across the U.S. and which seeks to teach kids about money management and entrepreneurship.
September 22 -
SAN DIEGO – Mission FCU has become one of the first credit unions to implement an anti-skimming ATM technology offered by The Members Group through ADT Security Services.
September 22 -
WARRENVILLE, Ill. – Members United Corporate FCU has signed with Altisource Portfolio Solutions to offer the company’s origination, modification, loss mitigation and real estate services to its 2,100 credit union members.
September 22 -
FISHERS, Ind. – FORUM CU has signed with EasCorp FCU’s Vertifi Software LLC CUSO to implement the company’s DeposZip Mobile remote deposit capture service through downloadable software applications for smartphones.
September 22 -
TAMPA, Fla. – GTE FCU said yesterday it signed with CU Direct to integrate its back-office processing and loan origination with CUDL’s national auto lending platform.
September 22 -
INDIANAPOLIS – Eli Lilly FCU completed the conversion to Open Solutions’ modern DNA enterprise-wide relational core platform to manage its processing needs.
September 22 -
WASHINGTON – Republican lawmakers yesterday criticized President Obama’s appointment last week of consumer advocate Elizabeth Warren to an advisory role creating the new Consumer Financial Protection Bureau, bypassing Senate confirmation which would have been needed if Warren were nominated as director of the new agency.
September 22 -
Newly appointed chief of the Consumer Financial Protection Bureau, Elizabeth Warren, tried to ease concerns of a dubious group of credit unions leaders.
September 22 -
RIVERWOODS, Ill. – Discover Financial Services on Tuesday reported a 55% decline in third quarter earnings to $260.6 million, from last year’s $577.5 million, which included a $287 million gain from the company’s antitrust settlements with MasterCard and Visa.
September 21 -
CINCINNATI – Fifth Third Processing, fresh off last week’s acquisition of National Processing Company, on Tuesday said it has agreed to acquire selected assets of Springbok Services, including the company’s reloadable prepaid card processing platform.
September 21 -
CHICAGO – A federal judge allowed a member to sue Pentagon FCU for breach of contract and discrimination after it canceled his Visa account, allegedly because his income dropped following a railroad injury.
September 21 -
GLENDALE, Calif. – Sixteen winners were named as the 2010-11 Los Angeles County "Teachers of the Year'' Monday in the state's largest honors competition for K-12 educators, each receiving a $1,000 award from California CU, the program’s main sponsor.
September 21 -
VERNON HILLS, Ill. – Baxter CU has signed with EasCorp FCU’s Vertifi Software LLC CUSO to implement the company’s DeposZip Mobile remote deposit capture service through downloadable software applications for smartphones.
September 21 -
KINGSTON, N.Y. – Mid-Hudson Valley FCU, which has been piloting 24/7 branches, said it is opening three more of the full-service facilities in the coming months.
September 21 -
DES MOINES, Iowa – TMG Financial Services, an affiliate of the Iowa CU League, has introduced financing alternatives for CUSOs through a new newly created operation called CU Structured Finance LLC.
September 21 -
DENVER – Authorities seized $360,000 in counterfeit checks from four area credit unions and arrested 13 people in connection with a counterfeit check operation that allegedly enabled the group to steal almost $62,000 during a six-week period.
September 21 -
TAMPA, Fla. – In one of the biggest mergers of the year, members of troubled Bay Gulf FCU approved the merger of the one-time $220 million credit union into MidFlorida CU, the state’s seventh-biggest credit union with $1.4 billion in assets.
September 21 -
WASHINGTON – Credit union executives and directors are wondering whether new CUNA President Bill Cheney will be restricted in lobbying NCUA because of the lawsuit the agency has brought over Cheney’s tenure on the board of WesCorp FCU.
September 21 -
LANSING, Mich. – State regulators say a Grand Haven-based credit union called Whitestone CU may have been operating a scam and ordered it to stop doing business yesterday.
September 21 -
WASHINGTON — NCUA is putting together a plan to collect as much as $50 billion of underwater mortgage-backed securities held by corporate credit unions and securitize them for sale on the open market as part of its plan to resucitate the troubled corporate system.
September 21