-
WASHINGTON – The National Credit Union Foundation has named the first of the 2011 Herb Wegner Memorial Award winners: The National Youth Involvement Board (NYIB).
August 8 -
WEST BRIDGEWATER, Mass. – An ATM at Crescent CU almost became a drive-thru – literally – on Saturday afternoon when an apparently impaired motorist ran into it coming off the highway.
August 8 -
MARLBOROUGH, Mass. – Digital FCU and Reach Out for Schools have pledged $50,000 to establish a textbook fund for Worcester State College students.
August 8 -
SAN JOSE, Calif. – Tech CU is helping to rebuild the library at Trace Elementary School, which was significantly burned by an arsonist on July 5.
August 8 -
BETHPAGE, N.Y. – As part of its new branding campaign Bethpage FCU is offering members $1,000 for the best photos of the credit union’s new mascots, “Beth” and “Paige.”
August 8 -
BETHALTO, Ill. – Olin Community CU announced a new name and brand starting Oct. 1 for the $430 million credit union: 1st MidAmerica CU.
August 8 -
MEMPHIS, Tenn. – Memphis Area Teachers’ CU has hired Daniel Weickenand, chief financial officer of FedEx Employees Credit Association, as president and CEO of the $530 million credit union.
August 8 -
NEWARK, N.J. – Michael McGrath, one-time CEO of U.S. Mortgage/CU National Mortgage convicted of stealing almost $140 million of credit union funds, will remain free on bail as his July 27 sentencing was postponed again until Nov. 15.
August 8 -
CHICAGO – State regulators closed Ravenswood Bank in Chicago on Friday, making the $265 million bank the country's 109th bank failure in 2010 and 13th in Illinois.
August 8 -
WALLINGFORD, Conn. – Troubled Constitution Corporate FCU on Friday reported another $1.2 million of losses for June, pushing its NCUA-subsidized prior undivided earnings deficit up to $24.5 million at mid-year.
August 8 -
LAS VEGAS – In another sign of a potential turning of the economy, credit unions throughout Nevada, one of the worst-hit states in the recession, are starting to report better financials.
August 8 -
FLINT, Mich. – Dort FCU is the first in the state to help a mortgage borrower receive thousands of dollars in assistance through Michigan’s Helping Hardest-Hit Homeowners program – just two days after the U.S. Treasury-funded program opened July 12.
August 8 -
EMMETT TOWNSHIP, Mich. – A teller at an American First CU branch was shot in the arm and another carjacked at gunpoint Saturday morning by a robber who broke into the building overnight and waited for employees to arrive.
August 8 -
-
-
BATTLE CREEK, Mich. – OMNI Community OMNI has purchased 1,000 backpacks and invited members and area students to make donations of school supplies at any of its branches as part of its sixth annual Project Backpack.
August 5 -
PHOENIX – Arizona Central CU has introduced a disaster loan special for victims affected by the area’s recent wildfires and flooding in the Flagstaff area.
August 5 -
RICHMOND, Va. – Fast-growing Call FCU has been approved by NCUA to convert to a community charter serving more than 800,000 residents of the city of Richmond and the counties of Henrico, Hanover and Chesterfield.
August 5 -
NEW CUMBERLAND, Penn. – New Cumberland FCU selected TRC Interactive, Inc. to deliver First Line of Defense ~ Fraud Detection and Loss Prevention Challenge, an online interactive experiential exercise for credit unions that helps keep their staff sharp, focused and alert to the latest scams.
August 5 -
WAUKEGAN, Ill. – Consumers CU has signed with Fiserv to implement the company’s Acumen account processing solution.
August 5