GLENDALE, Calif. – Clearpath FCU this week opened a new branch in Fontana inside a Ralph’s Marketplace, one of the credit union’s sponsors.

PORTLAND, Ore. – Unitus Community CU said it has signed with Geezeo to implement the company’s personal financial management web community platform.

TREVOSE, Penn. – TruMark Financial CU awarded a total of $8,000, including a $5,000 grand prize, to three high school students in its financial “Jeopardy” contest.

PAINTED POST, N.Y. – First Heritage FCU said its long-time CEO Arthur Field is retiring and will be succeeded as head of the $310 million credit union by his former protégé Daniel Rourke, the president of nearby Olean Area FCU.

WASHINGTON – Rates on the 30-year, fixed-rate mortgage remained just above 5% this week, remaining unchanged from last week at 5.07%, according to Freddie Mac.

ST. PAUL, Minn. – Check printer Deluxe Corp. reported a strong $33.4 net for its first quarter, more than twice the $12.5 million earned for the same period last year, when restructuring and impairment charges totaled $25.7 million.

RESTON, Va. – Sallie Mae, reeling from the pending elimination of the federally guaranteed student loan program, yesterday announced it plans to eliminate 2,500 of its 8,000 workers as a result of the new law.

WASHINGTON – The Obama administration is targeting $50 million in its budget for next year that would fund a nationwide “second chance” program for the unbanked modeled after the successful “Bank on San Francisco” program.

ALEXANDRIA, Va. – The NCUA Board is expected next week to extend the extraordinary regulatory forbearance that has allowed corporate credit unions to operate using their capital levels of November 2008, even though all but a handful of corporates are well below minimum capital requirements and some are operating with no regulatory capital.

SAN DIMAS, Calif. – WesCorp FCU on Thursday reported further deterioration in its collateralized debt obligations and subprime paper added another $49.4 million in losses for the month of March.

SEDALIA, Mo. – The former manager of Pittsburgh Corning Glassworkers CU pleaded guilty Tuesday to stealing $35,000 from members’ accounts at the tiny credit union.

RALEIGH, N.C. – State Employees’ CU, which has been helping renovate the state’s network of critical care hospices, said its SECU Foundation contributed $300,000 yesterday to the Hospice Cleveland County in Shelby, N.C.

CHANTILLY, Va. – John Dorman, the former CEO of Digital Insight, has been named interim CEO of Online Resources Corp.

LANSING, Mich. – State officials approved tax breaks for 10 job creating projects, including a plan by PSCU Financial Services to expand its operations in Auburn Hills that will create more than 830 jobs.

SAN FRANCISCO – Visa Inc. announced an agreement yesterday to acquire CyberSource, a provider of electronic payment, risk management and payment security solutions to online merchants, at a price of $26 a share, or about $2 billion in cash.

RESTON, Va. – Sallie Mae, coping with the elimination of the federally guaranteed loan program, reported a first quarter net yesterday of $240.1 million, fueled by the student loan giant’s expanding presence in the market for private student loans.

SANTA CLARA, Calif. – Silver Peak Systems said five more credit unions have signed for its data center class Wide Area Network optimization NX appliances platform.

CAMBRIDGE, Mass. – Harvard University officials have tentatively agreed to allow Harvard University Employees CU in the Student Organization Center in Harvard Yard.

ALEXANDRIA, Va. – NCUA continues to delay release of its annual audit for 2008 as the agency grapples with accounting for the huge losses in the corporate system accruing to the National CU Share Insurance Fund.

LENEXA, Kan. – Troubles at Ambac Assurance Corp. and the resulting inability of the bond insurer to pay claims caused U.S. Central FCU to restate its fourth quarter results for 2009 to add an additional $274 million in losses.