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BURLINGTON, Mass. – MoneyAisle.com, a free, automated online reverse auction site for CDs and car loans, reported that the 100th credit union has signed on to the network to bid for consumers’ business.
July 6 -
DETROIT – A 16-member jury was seated yesterday morning for the death penalty trial of a man who shot to death an armed guard who was refilling ATMs at Dearborn FCU almost five years ago.
July 6 -
RESTON, Va. – Student loan giant Sallie Mae, battered by legislative reforms to the federal student loan program, is moving its corporate headquarters to Newark, Del., as part of a cost-cutting move.
July 6 -
ALBANY, N.Y. – School kids can earn cash this summer by reading books – $3 per book – as part of Capital Communication FCU’s Summer Reading Program.
July 6 -
WOODLAND, Calif. – Yolo FCU awarded $1,500 to Winters Friends of the Library as a result of its online giving program called "Give a Click."
July 6 -
WEST CHESTER, Penn. – Keystone FCU gave 21 high students $200 share certificates for their high performance as part of its third annual Shining Star awards.
July 6 -
SACRAMENTO, Calif. – The Golden 1 CU and other area credit unions are reaching out, as they do every year around this time, to state employees who may see their pay reduced or held up as a result of the state’s budget stalemate.
July 6 -
MADISON, Wis. – Filene Research Institute has launched a study to determine the effects the impending interchange amendment in the bank reform bill on credit unions, who are lobbying Congress against the amendment.
July 6 -
WASHINGTON – Senate Democrats are nearing the 60 votes necessary to overcome a Republican filibuster and pass the bank reform bill with the addition of one of two Democrats who voted against the bill the last time.
July 6 -
ALEXANDRIA, Va. – Credit unions are favoring NCUA’s proposal to deregulate payday lending but say the agency should drop proposed requirements that could make it tougher to qualify for the short-term, small amount loans.
July 6 -
CANTON, Mich. – Eight directors of Unified Communities FCU agreed to an unusual request – to get a pie in the face – if students at Haggerty Elementary School reached their goal of depositing $1,500.
July 5 -
FORT WORTH, Texas – American Airlines FCU presented the Children's Miracle Network with a $50,000 donation as a result of the 14th Annual American Airlines Federal Credit Union Golf Tournament, held in May at the Cowboys Golf Club in nearby Grapevine.
July 5 -
BROOKLYN, N.Y. – Polish & Slavic FCU awarded 298 students a total of $300,000 as part of the credit union’s 10th annual scholarship program.
July 5 -
MUNCIE, Ind. – WGE FCU has upgraded its compliance training from Edcomm Banker’s Academy to a comprehensive credit union training initiative.
July 5 -
SCRANTON, Penn. – Tobyhanna Army Depot FCU broke ground last week for a new home in the downtown area here.
July 5 -
MONTGOMERY, Ala. – Guardian CU has agreed to merge into it Comala CU, a nearby $62 million institution that has reported small losses over the past two years.
July 5 -
BIRMINGHAM, Ala. – Mutual Savings CU, under regulatory conservatorship since last August, has shuttered two branches and laid off nine employees as part of its cost-cutting.
July 5 -
ALEXANDRIA, Va. – Pentagon FCU said last week its PenFed Realty LLC has acquired Exit Slater Realtors in San Antonio to provide real estate services in the Texas market.
July 5 -
MANATEE, Fla. – GTE FCU, which held a $3.7 million mortgage on the property, bought back Bradenton Preparatory Academy’s west Bradenton campus at a foreclosure auction last week for $100.
July 5 -
COLORADO SPRINGS, Colo. – Less than an hour after two masked and armed women held up an Air Academy FCU branch last Wednesday afternoon, police officers and FBI agents tracked the alleged robbers to a home where they arrested the suspects and recovered more than $2,500 – after an alert teller stuck a GPS device into the cash bag.
July 5