SAN BERNARDINO, Calif. – In an unusual move, NCUA after seizing Arrowhead Central CU Friday night put the top managers at the one-time $1.1 billion credit union on paid administrative leave, even as the federal agency was dismissing the board and supervisory committee, as it does in most conservatorships.

WASHINGTON – The credit union lobby knows it is taking a big political gamble by waging a new campaign to defeat the just-completed bank reform bill on the basis of an amendment that would set price controls on debit card interchange, but the hope is it will have few lasting effects in a town where today’s political enemies are often tomorrow’s allies.

VISTA, Calif.-Bluepoint Solutions, a provider of Remote Deposit Capture, image-based Item Processing, electronic Content Management and Receipt Management, is celebrating is 10th anniversary. Below, CEO and founder Hal Tilbury discussed the lessons learned during the past 10 years (some of which came the hard way), in addition to what he terms a "big, hairy, audacious goal" for the decade ahead.

SAN BERNARDINO, Calif. – NCUA this evening put into conservatorship troubled Arrowhead Central CU, the one-time $1.1 billion credit union which has seen its capital dwindle amid large losses the last few years.

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WASHINGTON – House and Senate conferees reached agreement early this morning on the remaining provisions of the massive bank reform bill, sending the 2,000-page bill back to the full bodies of both chambers for final passage.

NEENAH, Wis. – Evergreen CU will host a farmers market the first Saturday of the month from July through September.

HIGHLAND FALLS, N.Y. – Navy FCU will introduce itself to the Army’s Corps of Cadets Monday at an open house for its newest branch here, just outside West Point.

STATE COLLEGE, Penn. – Pennsylvania State Employees CU has joined the State College Spikes minor league baseball team to sponsor this year’s Spikes “Books & Baseball” reading program.

SAN DIMAS, Calif. – WesCorp FCU has signed with Thompson Consulting & Training to offer its 900 credit union members deposit and loan pricing advice with Thompson’s CostPro product suite.

RALEIGH, N.C. – State Employees’ CU has agreed with the Haliwa-Saponi Native American Tribe to place an SECU Cash Points ATM on the tribe’s grounds in Hollister, N.C.

POUGHKEEPSIE, N.Y. – Hudson Valley FCU will acquire two branches in Carmel and Brewster through a merger announced yesterday with ailing Putnam FCU.

SANTA ANA, Calif. – Four unemployed men were charged yesterday with using stolen trucks and a forklift to boost four credit union ATMs, netting them more than $400,000 in cash.

WEST PALM BEACH, Fla. – Credit Union Journal still is accepting nominations for its 2010 Best Practices Awards, but the deadline to do so is looming.

WASHINGTON – Mortgage rates fell this week to the lowest level on record, giving home sales and refinancings a big boost, according to Freddie Mac.

LAKE BLUFF, Ill. – Community banks are taking advantage of a new law on overdraft protection programs, lowering fees and aggressively seeking new business, while many credit unions are giving up on the program altogether, according to a new survey.

RIVERSIDE, Calif. – A group of WesCorp FCU members suing the failed credit union over their loss of capital have asked a federal court to reject a bid by NCUA to take over their role in the case, charging the federal regulator has dragged its feet and shown itself to be incapable of pursuing their claims because of its own culpability in the failure of the one-time $34 billion corporate credit union.

KINGSTON, N.Y. – Mid-Hudson Valley FCU has selected Financial Services, Inc., Glen Rock, N.J., for share draft processing.

CARMEL, Ind. – Allied Solutions has entered into a partnership with Pekin Life Insurance Co. to provide client credit unions with credit insurance and debt protection solutions.

BOSTON – A man who drove the getaway car in last June’s holdup at Sharon CU and as many as seven other heists in greater Boston was convicted Tuesday on three counts of armed bank robbery.