RIVERSIDE, Calif. – Altura CU yesterday announced it is awarding $59,000 in college scholarships this year, up from $46,000 last year, through its Altura Scholarship Foundation to seniors graduating from 28 Riverside County high schools in 15 school districts.

FALLS CHURCH, Va. – Constellation FCU was granted one of the broadest TIP charters – for tradewide, industrywide or professionwide – to cover almost 500,000 federal government employees or retirees in the Washington metropolitan area.

DOVER, N.H. – RewardsNOW, a provider of customer loyalty programs for credit unions and banks, announced a $7.5 million investment from Edison Venture Fund.

LOS ALTOS, Calif. – Guardian Analytics, a provider of fraud prevention systems for credit unions and banks, yesterday said it raised $9 million in new funding from several investors, including venture funds Sutter Hill Ventures and existing investor Foundation Capital.

MINNEAPOLIS – FICO, the provider of the ubiquitous credit score, yesterday said its FICO Labs was awarded eight new patents by the U.S. Patent and Trademark Office covering credit score interpretation, fraud detection, credit line optimization and other analytics.

TOPEKA, Kan. – Credit Union 1 of Kansas and Credit Unions United decided to end their quest for a new name after their merger, which created the state’s fourth-largest credit union.

MECHANICSBURG, Penn. – Members 1st FCU has installed 3VR Security’s P-Series SmartRecorder surveillance solution to cut investigation time and increase prosecution success.

NEWPORT NEWS, Va. – BayPort CU has signed with Intuit Financial Services (formerly Digital Insight) to offer FinanceWorks financial management solution.

DENVER – John Dill stepped down as president and CEO of the Credit Union Association of Colorado Monday, the board of directors of CUAC said.

ALBANY, N.Y. – Lawyers for Hudson Valley FCU on Monday said they plan to appeal last week’s state court ruling rejecting their challenge to the state’s mortgage recording tax.

WASHINGTON – CUNA lobbyists were negotiating yesterday with congressional leaders on provisions they hope will minimize the impact of interchange amendments add to the bank reform bill that passed the Senate last week.

WASHINGTON-The massive bank reform bill that had little in it for credit unions when the Senate debate began more than three weeks ago ended up touching numerous areas of credit unions operation and could cause a significant dent in the lucrative interchange fees earned from debit card transactions.

WASHINGTON-Despite a slowdown in overall loan growth, credit union earnings are up in 2010 according to Callahan & Associates Q1 FirstLook data.

NEW ORLEANS-To get a sense of how balance sheet demands have changed for credit unions one need travel no further than the CFO Council's annual meeting here last week.

WARRENVILLE, Ill.-Losses for corporate credit unions continue to pile up at an accelerated pace, raising doubts about some corporates' ability to continue as "going concerns" and new questions about whether NCUA will be forced to go back to Congress and seek additional assistance for the corporate bailout.

MADISON, Wis.-The CUNA Technology Council has released a white paper addresses social media from a technology perspective.

ERIE, Penn.-A novel indirect lending program for a wide variety of consumer products, combined with an aggressive marketing and community outreach campaign, has led to big results for one CU here.

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PLEASANTON, Calif.-With enforcement of the new Red Flag rules imminent, a new analysis suggests scammer are now seeking out other weak links.

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