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TACOMA, Wash. – Community First CU, the state’s oldest credit union, said it is moving to a new headquarters in nearby DuPont at the end of the year.
June 10 -
UPPER MARLBORO, Md. – NASA FCU announced yesterday the launch of a free remote deposit service, allowing its members, businesses and individuals the ability to deposit checks anytime, anywhere, from a computer with a scanner and Internet connection.
June 10 -
WASHINGTON – Long-term mortgage rates declined near the lowest level on record this week, according to Freddie Mac.
June 10 -
ALEXANDRIA, Va. – The NCUA Board is expected at next week’s meeting to approve an assessment that could be as much as $400 million for the second round of the Corporate CU Stabilization Fund.
June 10 -
WASHINGTON – Millions of dollars in ads are being printed and carried over the airwaves by credit unions and banks and their nemeses in the interchange amendment to the bank bill, the nation’s retailing groups, in the biggest credit union lobbying effort in more than a decade.
June 10 -
WASHINGTON – In urging Congress to delete the interchange amendment from the pending bank reform bill credit union executives were put in an unusual position of arguing that an exemption – a so-called carve-out – from the amendment that they have sought in other bills is unworkable and impracticable.
June 10 -
ORANGE, Texas – NCUA and state regulators shut down and closed Orange County Employees CU this morning, the one-time $4 million institution being the 13th credit union failure in 2010.
June 10 -
EAST SYRACUSE, N.Y. – A student from St. Daniel-St. Matthew Academy in East Syracuse had the opportunity to roll around in hundreds of dollars wearing a Velcro suit yesterday, snatching $265 along the way, as part of the credit union’s lesson on savings.
June 9 -
EUGENE, Ore. – SELCO Community CU awarded 13 $1,500 scholarships to children of its members.
June 9 -
ATLANTA – NCUA announced yesterday that Herb Yolles, a long-time executive in the agency, will be director of its southeast Region Three.
June 9 -
ROANOKE, Va. – Roanoke Postal Employees’ FCU has signed a multi-year contract with CRI Solutions to implement the company’s CRIterion, InterLend, GAP and credit insurance.
June 9 -
HARRISONBURG, Va. – DuPont Community CU has purchased the former NewBridge Bank branch for $1.2 million.
June 9 -
WILMINGTON, Del. – DEXSTA FCU has signed with Cology Inc. to install the company’s Volta loan origination platform to originate and disburse its new private student loan programs.
June 9 -
WEST MILWAUKEE, Wis. – Guardian CU has implemented Fiserv’s Overdraft Opt-In Program in response to new requirements that a consumer opt-in so a credit union can extend or continue to provide fee-based overdraft services for ATM and one-time debit card transactions.
June 9 -
SEATTLE – BECU is handing out cash – $1 bills – to mark its 75th anniversary.
June 9 -
LANSING, Mich. – The Michigan CU League has hired advertising powerhouse McCann Erickson Worldwide for a multi-pronged marketing campaign that will feature the tagline: “Own Your Money. Join a Credit Union,” on TV and radio commercials.
June 9 -
WASHINGTON – A growing number of state governments are adding their voice to the opposition bank bill’s interchange provision, saying passage of the provision could cause card issuers to abandon low-profit debit cards being used to provide public assistance.
June 9 -
WASHINGTON – Hundreds of credit union executives criss-crossed the halls of Congress yesterday in an effort to convince lawmakers to scrap the provision of the bank reform bill that would establish price controls over debit card interchange, but their efforts face great odds.
June 9 -
TAMPA, Fla. – GTE FCU, which has been struggling with big losses caused by the region’s real estate slump, announced this morning the hiring of Joseph Brancucci, chief operating officer for BECU and founder of credit union online mortgage bank Prime Alliance, as its new president and CEO.
June 9 -
DEARBORN, Mich. – The annual Mike Adray Memorial Golf Tournament presented by MemberFocus Community CU at the Dearborn Country Club raised $135,000 for student scholarships at Henry Ford Community College.
June 8