LOUISVILLE, Ky. – The $944,000 Bramco FCU here has been absorbed via merger by $86-million Jefferson County FCU.

CHARLOTTE, N.C. – Federal prosecutors last week charged a Bank of America employee with plotting to install malicious computer code within BofA’s systems so that ATMs would dispense cash without any record of a transaction.

LANSING, Mich. – Lake Trust Credit Union, a $1.5-billion CU that is the result of a merger between Plymouth, Mich.-based Detroit Edison CU and Lansing-based NuUnion Credit Union, marked its first day of operations with receptions at each of its 22 branches with refreshments, special giveaways and the kick-off of a special auto loan promotion for the month of April.

WOBURN, Mass. – Two multi-billion-dollar credit unions have expanded their remote deposit capture (RDC) services for members by launching the DeposZip Mobile program, including a suite of downloadable software applications for smartphones, from Vertifi Software, a subsidiary of Eastern Corporate FCU.

ALEXANDRIA, Va. – As credit unions in portions of the Northeast this week assess damage to their own operations and to the lives of their own members from the heavy rains, NCUA has activated its emergency assistance program.

WOODLAND, Calif. – Yolo Federal Credit Union has received $350,000 from the Federal Home Loan Bank’s Workforce Initiative Subsidy for Homeownership Program (WISH) to provide down payment assistance for homebuyers.

TUSCALOOSA, Ala. – Seeking to leverage some of the negative publicity surrounding banks, Alabama Credit Union has rolled out a new ad campaign themed, “You Are Alabama. We Are Your Credit Union.”

ANCHORAGE, Alaska. - Indicating his credit union will likely be entering into competing business lines, William B. Eckhardt, CEO of the $4-billion Alaska USA Federal Credit Union said he is stepping down from the board of CUNA Mutual Group, effective immediately.

WASHINGTON – The FDIC last week said it is making changes to the way it handles failed banks and their assets as the result of growing stabilization within the distressed-asset market.

CHEHALIS, Wash. – A man who attempted to rob a branch of Twin Star Credit Union here has been found guilty and could be sentenced to life in prison.

HARRISBURG, Penn. – PSECU has launched a new page at its website aimed at helping consumers make sound financial decisions.

BIRMINGHAM, Ala. – Legacy Community FCU has been buying lunches, covering haircut costs and pumping gas for $1.99 a gallon.

SALT LAKE CITY – Deseret First Credit Union, here, has tapped Clinton R. Gurney to replace Kris J. Mecham as CEO at the $499-million CU.

ALBUQUERQUE, N.M. – The Credit Union Association of New Mexico said it has reached an agreement with BNY Mellon to offer access to the company’s Remit Worldwide global remittance solution to credit unions in New Mexico and nationwide on a white-label basis.

WASHINGTON – State regulators are urging Senate Banking Committee Chairman Chris Dodd to change a provision in the regulatory reform bill they claim would force most large state banks to convert to national charters.

WASHINGTON – Some analysts are expressing concern that the Obama Administration’s proposed standards for compensation at financial services firms that would control and even limit risk will, in fact, not discourage the type of short-term risk-taking that contributed to the financial crisis.

NEW YORK – Analysis in a new report from Barclays Capital suggests the worst is over for declining home values.

NEW YORK – A new report estimates that 200 banks with $170 billion in assets will fail in 2010, up from 140 banks last year with the same amount of assets.

WEST PALM BEACH, Fla. – Although tempted, Credit Union Journal will not be featuring any of the following headlines today in honor of April Fools Day:

TUCSON, Ariz. – First Edition Community CU and Vantage West CU officially merged today following a vote by First Edition members in which 90% favored the marriage.