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WASHINGTON – Regulators shuttered one bank Friday and none the week before, after seizing 12 institutions the prior two weeks.
April 11 -
DALLAS – Neighborhood CU announced the launch of a new partnership with the Mexican Consulate in Dallas to serve thousands of Mexican immigrants in North Texas.
April 11 -
WARSAW – NCUA Board member Michael Fryzel, the Board’s first Polish-American member, is among the mourners of Polish President and credit union pioneer Lech Kaczynski, killed in a plane crash Saturday along with his wife Maria and 95 Polish dignitaries.
April 11 -
PITTSFIELD, Mass. – Employees of Greylock FCU set a new high for United Way fundraising, combining with corporate support to raise more than $106,000 for the organization.
April 8 -
FITCHBURG, Mass. – Six area credit unions are partnering to sponsor a CU 4 Reality Financial Education Fair.
April 8 -
SHREWSBURY, Mass. – The local school board here this week voted to allow Central One FCU to open a branch at the high school this fall.
April 8 -
GULFPORT, Miss. – Gulf Coast Community FCU is introducing Kasasa rewards savings and checking accounts to its members.
April 8 -
SAN DIMAS, Calif. – WesCorp FCU yesterday said it has chosen Viewpointe’s Pointe2Pointe check image exchange network to connect to the its check and image exchange partners.
April 8 -
EPHRATA, Wash. – A former branch manager at Granco FCU this week was charged with stealing $56,212 from the credit union by adding money to his paycheck and inflating his vacation time.
April 8 -
HARTFORD, Conn. – State regulators took over South End Mutual Benefit Association, a one-time $4 million credit union in adjacent Bloomfield, after management conceded it no longer could meet regulatory requirements to stay open.
April 8 -
VIENNA, Va. – Navy FCU has implemented RightNow’s Cloud Monitor to help it listen to conversations, respond to posts regarding the Navy Federal brand, and establish relationships with its members via the social Web.
April 8 -
MADISON, Wis. – University of Wisconsin CU on Monday will open its third branch in the Milwaukee area in Wauwatosa, in an almost-new building it bought from ailing Amcore Bank.
April 8 -
SAN FRANCISCO – Three credit unions were awarded a total of $1.2 million of affordable housing grants by the Federal Home Loan Bank of San Francisco yesterday.
April 8 -
WASHINGTON – Mortgage rates this week leaped to their highest levels in eight months as the Federal Reserve terminated the purchase of agency mortgage-backed securities it had engineered to keep rates low.
April 8 -
ALEXANDRIA, Va. – Credit union executives are criticizing a component of NCUA’s proposal on community charter fields of membership as the agency’s own bid to enact a Community Reinvestment Act-like rule for large community charters.
April 8 -
APPLETON, Wis. – Prospera CU, a pioneer in credit union payday loans, yesterday said it is closing one full-service branch and two of its GoodMoney payday loan sites inside Goodwill stores as part of a restructuring.
April 8 -
AUSTIN, Texas – Credit unions in Texas are opposing a proposal by the state CU Department to set new limits on fees for payday loans – just as credit unions across the state are rolling out their own payday loan product.
April 8 -
HONOLULU – Aloha Pacific FCU said it has hired Rand Yamasaki, senior vice president for Pacific operations at WesCorp FCU, as its chief financial officer.
April 7 -
PORTSMOUTH, Va. – Northern Star CU is launching Kasasa rewards savings and checking accounts.
April 7 -
BATTLE CREEK, Mich. – Kellogg Community FCU has unveiled its newest branch, in Pennfield High School.
April 7