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MERCED, Calif. – Merced School Employees FCU has implemented Fiserv’s mobile banking service, MobileMoney.
January 5 -
CHAMBERSBURG, Penn. – Patriot FCU said it has installed Silver Peak Systems NX wide area network appliances.
January 5 -
OAKLAND, Calif. – Self-Help FCU, a federally chartered credit union created by well-known community development credit union Self-Help CU a year ago, was approved by NCUA and state regulators to acquire ailing El Futuro CU, an $8 million institution based in Porterville, Calif., the third deal for the CDCU start-up over the past 17 months.
January 5 -
OLYMPIA, Wash. – The state Department of Financial Institutions here ruled state chartered credit unions may participate in the Department of Commerce’s $5 million energy grants program.
January 5 -
ALBANY, N.Y. – A new state law will exempt state chartered credit unions from the state’s special additional mortgage recording tax, which already exempts federal charters.
January 5 -
MEDFORD, N.Y. – Suffolk FCU, one of the biggest victims of the U.S. Mortgage/CU National Mortgage fraud, filed suit against CUMIS in federal court Monday, the latest effort by a credit union to prevent the credit union insurer from voiding coverage in the $140 million mortgage fraud.
January 5 -
LAKE BLUFF, Ill. – Moebs Services has been granted a patent for a new service that will allow credit unions and banks to customize their overdraft protection programs.
January 5 -
MANHATTAN BEACH, Calif. – Ailing Kinecta FCU said last night it has hired respected credit union industry veteran Steve Lumm as its interim president and CEO.
January 5 -
TALLAHASSEE, Fla. – Chris Leggett, president of LGE Community CU in Marietta, Ga., has signed a consent agreement with Florida's regulator barring him from working for any Florida-based financial institution for the next five years.
January 4 -
HOUSTON – ATM operator Cardtronics has hired Steven Rathgaber, a one-time executive at NYCE Payments Network LLC., as its new CEO.
January 4 -
MANCHESTER, N.H. – Northeast CU’s President Peter Kavalauska presented a check for $10,000 to the New Hampshire Food bank last week.
January 4 -
FOND du LAC, Wis. – Marine CU has acquired First Service CU, an ailing $34 million credit union in Milwaukee.
January 4 -
OMAHA, Neb. – A local businessman won a 2009 Smart car as part of the 75th anniversary celebration of Centris FCU.
January 4 -
SALT LAKE CITY – Utah First FCU said it is moving its headquarters into a building it recently acquired in the downtown area here.
January 4 -
BALTIMORE – Securityplus FCU said its president and CEO Timothy Carney is retiring after 21 years with the $320 million credit union.
January 4 -
BATTLE CREEK, Mich. – OMNI Community CU announced yesterday it will be distributing $40,000 throughout the year to local non-profits through its "OMNI Gives Back" grant program.
January 4 -
WARRENVILLE, Ill. – Nearly a full year after we said goodbye to 2008, Members United Corporate FCU finally was able to close the books on it as well, posting a $1.2 billion loss for the year in a financial statement released on New Year’s Eve 2009-10.
January 4 -
SAN ANTONIO – Security Service FCU has signed with Stripes LLC to provide its members with access to ATMs at 500 Stripes and Town & Country convenience stores in Texas, Oklahoma and New Mexico.
January 4 -
WHEELING, Va. – The former president of Center Valley FCU agreed to plead guilty yesterday to stealing as much as $9 million from the $17 million credit union as part of a deal that will dissuade prosecutors from charging her husband and grown children in the scheme.
January 4 -
KANSAS CITY, Mo.-It's likely no job title will get more scrutiny in 2010 than chief financial officer. CFOs told Credit Union Journal that excess liquidity, growth management and the threat of interest rate spikes in the coming years are forefront in their minds as the new year gets under way.
January 4