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NEW ORLEANS-CFOs tackled a variety of issues at the CUNA CFO Council Summit.
May 23 -
SCRANTON, Penn. – A local man who confessed to robberies in 2008 at Choice One FCU and Citizens Bank was sentenced to 10 years in prison.
May 20 -
HONOLULU – Hawaii Pacific FCU members and employees collected 761 pounds of food to benefit the Hawaii Foodbank's 21st Annual Food Drive, nearly 400 pounds more than the previous year.
May 20 -
DAYTON, Ohio – Wright-Patt CU has committed at least $53 million to private student loans, including for graduate school.
May 20 -
DUBUQUE, Iowa – Dupaco Community CU has added 24/7 call center support to its lending and member services through CO-OP Member Center, a wholly-owned subsidiary of CO-OP Financial Services.
May 20 -
MOUNTAIN VIEW, Calif. – Semantic Corp. has agreed to acquire VeriSign's identity and authentication business for $1.28 billion.
May 20 -
PRINCETON, N.J. – Heartland Payment Systems has agreed to pay MasterCard issuers $41.4 million to settle claims in the massive cards breach of 2008.
May 20 -
MADISON, Wis. – Authorities say the former CEO of Rapids Municipal CU committed suicide last November, the day he was scheduled to plead guilty to stealing almost $650,000 from the defunct credit union.
May 20 -
PALO ALTO, Calif. – A man charged this week with stealing three Stanford FCU ATMs is believed to be responsible for others of the almost 120 ATM thefts in the Bay Area over the past year-and-a-half.
May 20 -
WASHINGTON – Mortgage rates declined to the lowest level of the year this week, as rates fell on U.S. government securities, according to Freddie Mac.
May 20 -
WEST PALM BEACH, Fla. – Credit Union Journal is now accepting nominations for its 2010 Best Practices Awards.
May 20 -
WASHINGTON – CUNA continued to build its campaign war chest to new highs last month, even as it contributed tens of thousands to key Congressional figures.
May 20 -
ALEXANDRIA, Va. – NCUA yesterday agreed to extend an emergency program that is guaranteeing more $10 billion of debt issued by corporate credit unions to September 2012.
May 20 -
SALT LAKE CITY – A mortgage broker on Thursday was charged with altering applications for mortgage loans provided to two local credit unions, one of which went bust in 2008 in the face of big losses on its mortgage portfolio.
May 20 -
WASHINGTON – Even after the Senate approved a critical amendment to the bank bill on interchange fees, but before the final bill was passed last night, credit union lobbyists were already working yesterday to eliminate what they see as a punitive provision.
May 20 -
ALEXANDRIA, Va. — NCUA had more bad news for credit unions this morning, announcing it has added eight more credit unions to its troubled list and set aside an additional $170 million to cover losses at natural person credit unions.
May 20 -
JAMESTOWN, N.D. – A group of workers at a First Community CU branch claims to hold a Mega Millions lottery ticket worth $250,000.
May 19 -
RESTON, Va. – Student loan giant Sallie Mae announced the sale of its Killeen, Texas, customer service center to Aegis Ltd, part of the Indian conglomerate Essar Group, and the transfer of its 350 employees to Aegis.
May 19 -
ELM GROVE, Wis. – Enterprise CU has leased 10,000 square feet of office space in nearby Brookfield, where it plans to relocate its headquarters.
May 19 -
MARGATE, Fla. – City County CU of Fort Lauderdale has requested regulatory approval to add the Florida Keys to its field of membership.
May 19