WASHINGTON – New legislation that would open the market for credit and debit card interchange fees to competition would harm small card issuers such as credit unions and community banks, members of Congress were told yesterday during a hearing on a new interchange bill.

TRACY, Calif. – NCUA, which took over Tracy FCU last month, liquidated the one-time $33 million credit union and assigned its remnants to Valley First CU under a purchase and assumption agreement.

JACKSONVILLE, Fla. – Fidelity National Information Services yesterday reported that first quarter net income almost tripled to $93.6 million after last year’s combination with Metavante Technologies.

DULUTH, Ga. – NCR reported wider first quarter losses of $19 million, compared to a $15 million loss for the first quarter last year, due to pension expenses and costs from the relocation of its headquarters from Dayton, Ohio.

NORTH CANTON, Ohio – ATM maker Diebold yesterday reported a first quarter net of $24 million, up from a net of $1.6 million for last year’s first quarter, which was hurt by a $29 million restructuring charge.

REDWOOD CITY, Calif. – DigitalPersona said it signed five credit unions for its DigitalPersona Pro fingerprint authentication system.

COLORADO SPRINGS, Colo. – Ent FCU yesterday announced it had awarded a total of $40,000 to 11 non-profit groups as part of its Youth Endowment Series program.

WABASH, Ind. – Officials in Plymouth approved a three-year tax abatement to induce Beacon CU to build a new branch that will add 10 jobs.

PHILADELPHIA – American Heritage FCU last week transformed its headquarters into The Grammys awards as part of the credit union’s annual Employee Appreciation Day.

COLUMBUS, Ohio – Dayton Firefighters FCU has agreed to finance the $3.2 million expansion of the Primrose School of Centerville with a $1.6 million loan that had been rejected by 20 other lenders.

MARLBOROUGH, Mass. – Digital FCU has rolled out Mobile PC Deposit, an application that allows qualifying members to deposit a check using multiple smartphone platforms, including Apple's iPhone and Google's Android phone.

LAS VEGAS – Innovation and collaboration were the watch words at NACUSO’s Annual Conference here Tuesday, as the trade group seeks to engineer the next generation of credit union service organizations.

WASHINGTON – Republican senators stood together again yesterday to filibuster an attempt by the Democrats to move to a vote on the Wall Street reform bill, even as Democratic leaders vowed to try a third time today to break the stalemate.

SACRAMENTO, Calif. – California credit unions are reporting better numbers for the first quarter, but economic indicators have yet to point to an end to the state’s depressed economy.

WASHINGTON – Credit unions around the country are starting to set aside reserves for what they expect will be another large assessment from NCUA later this year – maybe as much as $4 billion to pay costs associated with the ongoing corporate bailout and for the failure of several large credit unions.

HAGERSTOWN, Md. – CO-OP Financial Services has invested in credit union-owned Ongoing Operations, a disaster recovery CUSO that serves more than 100 credit unions.

POUGHKEESPIE, N.Y. – Hudson Valley FCU, coming off a profitable 2009, said it plans to build two new branches this year.

MCALLEN, Texas – Security First FCU said it has renewed it contract with Edcomm Banker’s Academy for a third year of comprehensive financial services training.

SAN DIEGO – Mission FCU, an avid sponsor of community affairs, has implemented software form Profits4Purpose to track employees’ donations and participation in community events.

PORTLAND, Ore. – Unitus Community CU is partnering with local firm Smartway Advisors to provide car loans for people with troubled credit.