-
DENVER – Bellco CU has signed an ATM outsourcing pact with Diebold, which will include upgrading its ATMs for enhanced deposit automation functionality.
June 7 -
ALEXANDRIA, Va. – NCUA and banking regulators provided new guidance yesterday on accounting for mergers of troubled institutions, so-called bargain purchases.
June 7 -
ALEXANDRIA, Va. – Pentagon Federal CU has extended its ARK payday loan program to eight other credit unions and is looking for new credit union partners.
June 7 -
DETROIT – Secretly recorded conversations at a prison could lead to a rare death sentence in Michigan as jury selection begins this week in the trial of a man charged with killing a security guard while he and several accomplices allegedly robbed an armored truck delivering cash to Dearborn FCU of $204,000 almost nine years ago.
June 7 -
MILLBURY, Ohio – The offices of $9-million Woodco Credit Union here are believed to be a total loss following a tornado that hit this small town.
June 7 -
Editor's Note: CURE (Credit Union Retired Executives) is sharing advice with Journal readers based on questions it receives and responses from the numerous retired CU execs it has recruited. For more info: www.curetiredexec.com.
June 7 -
FORT WAYNE, Ind.-Three Rivers FCU here is fighting back against fraudsters that have used the credit union's name to bilk them out of money.
June 7 -
MADISON, Wis.-Anticipating credit unions will need help in the latter-half of 2010 with managing capital and earnings challenges, CUNA Mutual Group plans to expand its virtual model to bolster education.
June 7 -
-
ALEXANDRIA, Va.-Federally insured CUs reported $1.1 billion in net income and an ROA average of 0.47% during the first quarter of 2010, according to NCUA.
June 7 -
WASHINGTON-Credit unions will be making a last-ditch effort to lobby Congress on the issue of interchange this week with a CUNA-sponsored "National Hike the Hill."
June 7 -
TOTOWA, N.J.-North Jersey FCU is reaching out to its large Muslim community by becoming one of the first American financial institutions to offer Sharia-compliant financial products.
June 7 -
LAKE MARY, Fla.-With more credit unions either merging or considering mergers, Harland Financial Solutions has launched UltraData Enterprise Merger Services.
June 7 -
AUSTIN, Texas-The growing number of CU failures has forced NCUA's Asset Management and Assistance Center, which had been managing as many as 1,000 residential properties in south Florida, to expand into California and Las Vegas in recent months.
June 7 -
NEW YORK-A group of Hudson Valley FCU members last week filed a class action suit claiming the credit union illegally collected thousands of dollars in mortgage recording taxes from them at closing, racheting up the stakes in the $2.7 billion credit union's own legal fight with the state over the levy.
June 7 -
ScanSafe: 55% Increase In Employees Attempting To Download Illegal Software
June 7 -
NEWARK, N.J.-In the latest legal salvo over the $140 million fraud at U.S. Mortgage/CU National Mortgage, Suffolk FCU, the biggest victim in the case, filed suit in federal court last week against Fannie Mae for return of some $42 million the secondary mortgage market giant bought under false pretenses from the failed mortgage company.
June 7 -
-
-
WEST PALM BEACH, Fla. — Credit Union Journal is now accepting nominations for its 2010 Best Practices Awards.
June 7