DALLAS – Southwest Corporate FCU on Friday reported a $103 million loss for December, creating a $226 million loss for 2009.

SAN DIMAS, Calif. — WesCorp FCU, the one-time $32 billion corporate credit union run under NCUA conservatorship for the past ten months, today reported a loss of $328.5 million for the month of December as its mortgage-backed securities continued to plunge in value.

ARLINGTON, Va. — NCUA this afternoon appointed Elizabeth Whitehead, an executive in its Northeast Region One, as the new director for its west coast Region Five, home to some of the biggest problem credit unions.

ALEXANDRIA, Va. — In a move that increases the likelihod of another special assessment for credit unions later this year, NCUA reported this morning that the reserve level for the National CU Share Insurance Fund fell more last month to below levels they had projected for year-end.

ST. PAUL, Minn. – Check-printer Deluxe Corp. reported a 9% rise in fourth quarter net to $30.5 million, even as revenues from its core check business continued to wane.

COLUMBUS, Ind. – Centra CU is raising money for its local United Way by selling a cookbook created by its employees for $8.95.

CAMBRIDGE, Mass. – Harvard University Employees CU, which has offered specialized financial services to Massachusetts General Hospital for many years, has commemorated its relationship with MGH employees through a $100,000 donation to the MGH Fund.

ST. PETERSBURG, Fla. – PSCU Financial Services and Financial Service Centers Cooperative yesterday rolled out a new phone-based lending system that can be implemented by any credit union nationwide, including non-shared branching credit unions.

ORLANDO, Fla. – Fairwinds CU said it has signed with eEminder to provide its members with the company’s patented solution and technology to deliver real-time interactive alerts.

WASHINGTON – Mortgage rates held steady this week near their lowest levels in almost three decades as the Federal Reserve said it would keep rates near record lows to help the economy recover.

WASHINGTON – CUNA reported yesterday its political action committee raised $227,000 in December and spent just $75,000, building its cash on hand to more than $1 million, one of its largest sums ever.

ST. LOUIS – A federal appeals court denied a request by long-time First Community CU President Richard Lange to pay $250,000 he was convicted of embezzling from the Columbia Heights, Minn., credit union now known as Financial One CU.

RICHARDSON, Texas – Hard times continued for Texans CU in 2009, especially in the $1.7 billion credit unions member business loan portfolio, helping push losses for the one-time Texas Instruments credit union to $51.2 million.

COLUMBUS, Ohio – Corporate One FCU yesterday became the first corporate credit union to report a loss for 2009, telling its members it lost another $3.5 million in December, bringing losses for the year to $42.3 million.

NEW ORLEANS – A local woman and a real estate closing agent were sentenced to prison Wednesday for stealing $600,000 of Hurricane Katrina’s "Road Home" grant money and depositing it into her account at ASI FCU.

MINNEAPOLIS – Fair Isaac & Co., makers of the ubiquitous FICO credit score, said net income for its fiscal first quarter rose 46% to $17.7 million as some of its reorganization is starting to take effect.

HOUSTON – ATM company Cardtronics, which announced a deal with Carnival Cruise Lines Tuesday, said yesterday it has signed to provide ATM transaction processing and operational support services for the six ATMs installed at American Airlines Center, the home of the Dallas Mavericks NBA basketball team and the Dallas Stars NHL hockey team.

LAKE FOREST, Calif. – Eagle CU announced it will award $10,000 in scholarships to six Orange County residents as part of its 2010 scholarship program.

ATLANTA – Delta Community CU said it will be awarding $15,000 in scholarships as part of its annual DCC*U program, whether it be at a "U"niversity, college or technical institute.

ATLANTA – The Federal Home Loan Bank of Atlanta said it is using congressionally approved powers to offer letters of credit to its members unrelated to mortgage activities.