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ALEXANDRIA, Va. – In a rare move, the NCUA Board yesterday denied a request for Vantage CU of St. Louis to convert to a federal charter encompassing its vast state-granted charter spanning seven counties and almost 3 million people in the neighboring states of Missouri and Illinois.
September 16 -
ALEXANDRIA, Va. – Even as NCUA was hitting credit unions with another big charge yesterday, top agency officials were acknowledging it will not be the last time.
September 16 -
ALEXANDRIA, Va. - NCUA said this morning that projected losses for the National CU Share Insurance Fund surged to a record $1.2 billion at the end of August, forcing the agency to assess a 12.4 basis points, or $933 million, premium, in order to replenish the fund's diminishing reserves.
September 16 -
ALEXANDRIA, Va. - The NCUA Boad this morning is expected to approve a premium assessment for the National CU Share Insurance Fund of 12.4 basis points, or $933 million, adding to the growing woes of federally insured credit unions.
September 16 -
SAN FRANCISCO – San Francisco Police CU will integrate VSoft Corp.’s Home/Office Capture solution with S1 Corp.’s PM Systems WebFederal3 Internet Banking platform.
September 15 -
HEATH, Ohio – Hopewell FCU has selected TRC Interactive to deliver First Line of Defense ~ Fraud Detection and Loss Prevention Challenge.
September 15 -
YAKIMA, Wash. – Yakima Valley CU has signed on to a new Internet Fraud Alert program being offered by Internet Identity in partnership with the National Cyber-Forensics and Training Alliance.
September 15 -
TREVOSE, Penn. – TruMark Financial CU has contracted with CU Student Choice to offer private student loans through the CUSO.
September 15 -
WICHITA, Kan. – Meritrust CU has signed with CUSO Financial Services L.P. to switch its investment services program to the San Diego-based company.
September 15 -
FAIRFIELD, Conn. – Fairfield University Employees CU can finally serve students at the university after merging into larger Personal Care CU, based in nearby Trumbull, Conn.
September 15 -
EAST LANSING, Mich. – Michigan State University FCU said it will vacate its longtime branch in its former headquarters building to give new tenant IBM room to grow, while opening a new branch on campus.
September 15 -
CINCINNATI – Fifth Third Processing Solutions announced yesterday it has agreed to acquire National Processing Company, creating one of the largest merchant acquiring businesses in the United States, with a particular focus payment processing for small and medium enterprise businesses, a market served by NPC.
September 15 -
HOLLYWOOD – First Entertainment CU is offering a $2,500 prize to the best original story that involves or includes the credit union in some way.
September 15 -
MANCHESTER, N.H. – Former New Hampshire Attorney General Kelly Ayotte edged credit union-backed Ovid Lamontagne in Tuesday’s Republican Senate primary despite extra efforts by CUNA, which funded last-minute radio ads for Lamontagne in the days leading up to the vote.
September 15 -
ALEXANDRIA, Va. – Credit unions are girding for a second major hit delivered by NCUA this morning, which is expected to approve a special assessment on credit unions of approximately 15 basis points, or $1.3 billion.
September 15 -
COQUILLE, Ore. – Oregon First Community CU said it has agreed to merge with SOFCU Community CU in Grants Pass, creating the state’s seventh largest credit union with $700 million in assets.
September 15 -
WILMINGTON, Del. – In one of the biggest upsets of the primary season, conservative activist Christine O'Donnell earned a stunning victory in Delaware's Republican Senate primary yesterday, riding a wave of tea party anger and advertising dollars to oust U.S. Rep. Michael Castle, who was backed by the Washington establishment.
September 15 -
MINNEAPOLIS — T8 Webware is rolling out a Web-based application that enables community financial institutions to extend personalized debit card development capabilities to their customers and members online, from the convenience of any location.
September 14 -
ENGLEWOOD, Colo. – Dynamic Card Solutions, a provider of instant card issuance, on Tuesday said it has expanded the capabilities of its mobile payments personalization platform, known as CardWizard Perso-to-Go, to support personalization of near-field communication Micro SD cards.
September 14 -
OAK RIDGE, Tenn. – Y-12 CU is opening two student-run school branches, one at Eagleton Middle School in Alcoa and one at Anderson County High School in Clinton.
September 14