LOS ANGELES – Los Angeles FCU said yesterday that John Dea, its chief operating officer the past 16 years, was named president and CEO of the $700 million credit union.

CHICAGO – Polish & Slavic FCU is expanding its footprint this week with the opening of two branches here, the $1.2 billion credit union’s first offices outside its core New York and New Jersey market.

BURBANK, Calif. – The Walt Disney Co.'s Partners FCU announced it is closing its Anaheim operations center and consolidating the work in Burbank and Orlando over the next six months.

MADISON, Wis. – UW CU, formerly University of Wisconsin CU, said yesterday it has signed with core processor Cology Inc. to provide it with a customized alternative student loan platform.

ALEXANDRIA, Va. – NCUA said a federal credit union may provide residential mortgage loan processing and servicing to other credit unions under its incidental powers rules.

LOS ANGELES – Credit unions in California, Nevada, Arizona and Florida continued to post big losses for the fourth quarter, even as some signs began to emerge that the economic slide had started to slow in the four so-called “Sand States.”

ALEXANDRIA, Va. – NCUA’s reversal last year on accounting for the corporate bailout is causing havoc among credit unions as they report their fourth quarter financials and prepare their annual reports.

ALEXANDRIA, Va. – A former loan officer for Kentucky’s Bluegrass CU, convicted last year in a $165,000 loan fraud, was banned from the industry, NCUA said yesterday.

BIRMINGHAM, Ala. – A former teller at Alabama CU was charged yesterday with taking $39,000 from the teller drawers over the past two years.

MADISON, Wis. – Employees of Summit CU donated $38,000 to the United Way of Dane County and Community Shares of Wisconsin as part of the Credit Union’s 2010 Corporate Citizenship "Give More Back Campaign."

SAN DIEGO – The former home of Colorado Springs’ city manager and her husband was taken back by San Diego County CU Monday after the couple defaulted on the loan for a million-dollar property on the Huntington Beach boardwalk.

FORT MILLS, S.C. – Sharonview FCU said it has recently upgraded to Unitrends’ latest D2D2D data protection appliances after successfully relying on Unitrends for more than five years.

RICHARDSON, Texas – Texans CU said its Innovative Support Solutions CUSO has signed with Open Solutions to provide its Informant fraud detection solution to Open Solutions’ core clients.

MADISON, Wis. – CUNA Mutual Group announced it has integrated its online loan application system, known as loanliner.com, with Teres Solutions’ SAIL lending automation platform.

BROOKFIELD, Wis. – Fiserv announced yesterday it is introducing a licensed version of Corillian Online featuring an enhanced user interface and integrated personal financial management tools.

HOUSTON – Cardtronics, the biggest provider of ATMs for credit unions, has signed with Carnival Cruise Lines to install and manage cash machines on the cruise line.

SACRAMENTO, Calif. – This city is one of seven in California to join Gov. Arnold Schwarzenegger's “Bank on California” initiative, aimed at signing up tens of thousands of unbanked residents to traditional credit union and bank accounts.

CENTRALIA, Wash. – A man believed to have escaped a police dragnet after he broke into a TwinStar CU branch and threatened a teller Monday, showed up later in the day at a local hospital, seeking treatment for two gunshot wounds.

PEORIA, Ill. – Credit unions all over the country are braving the economic downturn and coping handily with the growing costs of the corporate credit union meltdown to post strong financials for 2009.

RALEIGH, N.C. – State Employees’ CU is lucky to keep its head above water in 2009 – a healthy 0.9% return-on-assets – even after writing down its membership shares in 11 different corporate credit unions.