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WASHINGTON – As Senate debate stretches out on the massive bank reform bill, the credit union lobby is finding itself allied on a growing number of amendments with an unlikely ally – the bankers – even as the bankers fight against key credit union legislation.
May 6 -
MINDEN, La. – Two men carrying handguns and an assault rifle on Wednesday tried to rob a branch of UBC Southern Council FCU that doesn't keep cash on hand, settling for $20 taken from an employee’s purse.
May 5 -
BROOMHALL, Penn. – State Financial Network, a credit union-owned mortgage bank, has promoted Michael Magnavita, its chief financial officer, to be president and CEO.
May 5 -
ATLANTA – S1 Corp. yesterday reported a first quarter loss of $1.1 million, compared to a net of $8.9 million for the same period last year, as revenues slid 12%.
May 5 -
DECATUR, Ga. – Harland Clarke Holdings Corp., the nation’s biggest check printer, yesterday reported a 32% drop in first quarter earnings as its core checks business continued to recede.
May 5 -
AUGUSTA, Maine – cPort CU plans to tear down a former Bonanza Steakhouse here and build a branch at the site.
May 5 -
RALEIGH, N.C. – State Employees’ CU has introduced two new services to help members stay informed with up-to-the-minute account details – Two-Way Text Messaging and Alerts.
May 5 -
RICHARDSON, Texas – Texans CU has deployed NICE Systems’ IEX Workforce Management solution to enhance efficiencies.
May 5 -
POCATELLO, Idaho – Idaho Central CU has implemented DocuSign’s electronic signature capture solution to securely finalize consumer lending documents online.
May 5 -
SAN JOSE, Calif. – Alliance CU has signed with Diebold to manage its ATMs and upgrade its ATM fleet with deposit automation.
May 5 -
RANTOUL, Ill. – A one-time employee at Credit Union 1, heard gloating in a recorded conversation, “Miami here I come,” was charged with stealing $100,000 from the credit union with account information provided by a current employee.
May 5 -
LAS VEGAS – CUDL on Wednesday showed off its newest technology – known as the SMART Approval program – during the Auto & Mortgage Lending Symposium it is co-hosting here with Prime Alliance.
May 5 -
WASHINGTON – Credit union lobbyists on Wednesday were fighting a variety of amendments to the bank reform bill that pose threats to credit unions.
May 5 - PH
WASHINGTON – CUNA's hiring of Bill Cheney, a former credit union CEO, as its new head may be a sign the trade association is moving away from its emphasis on congressional advocacy, the focus of former four-term U.S. Congressman Dan Mica during his 13 years at the helm.
May 5 -
WASHINGTON – CUNA today announced the hiring of Bill Cheney, the former president of Xerox FCU and more recently president of the California CU League, as its new president and CEO.
May 5 -
POCATELLO, Idaho – An Oklahoma man who attempted to rob a credit union in Chubbuck in January while on parole for a 2005 stabbing has been sentenced to a 180-day boot camp program for felony burglary.
May 4 -
MONETT, Mo. – Jack Henry & Associates yesterday reported net income for its fiscal third quarter surged 28%, based on a 19% rise in revenues.
May 4 -
PURCHASE, N.Y. – In an announcement expected to fuel the ongoing debate in Congress on interchange fees, MasterCard reported a 24% surge in first quarter profits yesterday.
May 4 -
ORLANDO, Fla. – Insight CU has implemented FMSI’s Teller Management System, which will allow the credit union to schedule tellers based on forecasted member transaction volumes and enhances their coaching opportunities.
May 4 -
YORKTOWN, Va. – 1st Advantage FCU has introduced Geezeo's White Label Community solution through its website.
May 4