LAS VEGAS–American Share Insurance (ASI), the Nevada Financial Institutions Division, and Silver State Schools CU told Credit Union Journal they will work together this week to develop a plan to turn around the troubled credit union. Over the past week the credit union first announced its CEO, Dave Rhamy, had resigned to pursue his legal practice, and then within days abruptly announced Rhamy had returned to the job.

LAKELAND, Fla.-Kevin Jones, president and CEO of MidFlorida Credit Union, has named to the board of directors of the Federal Reserve Bank of Atlanta's Jacksonville branch.

WEST PALM BEACH, Fla.-The new year may bring the long-predicted "cashless society" even closer to reality. Several large grocery chains are piloting a "no checks policy," including Whole Foods market at certain stores in Arizona and California. Another chain, Fresh & Easy, dispensed with the pilot test and declared it would simply stop accepting checks altogether.

RALEIGH, N.C.-State Employee Credit Union's SECU Foundation has presented the Hospice of Wake County with a $500,000 check to be used to construct SECU Healing Gardens, a peaceful, reflective area to benefit patients and their families.

WASHINGTON-Less than a week after data indicated the housing market may be rebounding, new numbers for November show a 11% decline in home sales over October's pace.

WASHINGTON - A new study by the FDIC has found that more than a million American households lost access to basic banking services such as savings accounts last year.

DALLAS-There was some good news in employment figures last week. The Department of Labor reported initial claims for unemployment benefits fell past to 452,000, the lowest level since September 2008.

LAS VEGAS-At the same time as the surprise return of Dave Rhamy as CEO of Silver State Schools CU less than a week after announcing his resignation, the Las Vegas Review-Journal suggested in one report that NCUA Chairman Deborah Matz had been critical of private share insurance.

LAS VEGAS-Less than a week after announcing he was resigning as CEO of Silver State Schools Credit Union, Dave Rhamy has returned to the job.

LAKELAND, Fla.-Kevin Jones, president and CEO of MidFlorida Credit Union, has named to the board of directors of the Federal Reserve Bank of Atlanta's Jacksonville branch.

WEST PALM BEACH, Fla.-The new year may bring the long-predicted "cashless society" even closer to reality. Several large grocery chains are piloting a "no checks policy," including Whole Foods market at certain stores in Arizona and California. Another chain, Fresh & Easy, dispensed with the pilot test and declared it would simply stop accepting checks altogether.

RALEIGH, N.C.-State Employee Credit Union's SECU Foundation has presented the Hospice of Wake County with a $500,000 check to be used to construct SECU Healing Gardens, a peaceful, reflective area to benefit patients and their families.

WASHINGTON-Less than a week after data indicated the housing market may be rebounding, new numbers for November show a 11% decline in home sales over October's pace.

WASHINGTON - A new study by the FDIC has found that more than a million American households lost access to basic banking services such as savings accounts last year.

DALLAS-There was some good news in employment figures last week. The Department of Labor reported initial claims for unemployment benefits fell past to 452,000, the lowest level since September 2008.

LAS VEGAS-At the same time as the surprise return of Dave Rhamy as CEO of Silver State Schools CU less than a week after announcing his resignation, the Las Vegas Review-Journal suggested in one report that NCUA Chairman Deborah Matz had been critical of private share insurance.

LAS VEGAS-Less than a week after announcing he was resigning as CEO of Silver State Schools Credit Union, Dave Rhamy has returned to the job.

WASHINGTON-Lenders will be required to notify borrowers when their loans are made on terms that are less favorable than those offered other borrowers under rules completed by the Federal Reserve Board and the Federal Trade Commission.

WASHINGTON-While the Obama administration and the President himself have placed much of the blame for the sluggish economy on bankers unwilling to lend, a number of analysts say much of that blame is being misplaced, arguing that many of the commercial loan applications banks are seeing continue to be of underwhelming credit quality.

CHARLOTTE, N.C.-Bank of America has filed suit against MGIC Investment Corp. In a complaint filed in the Superior Court of California for San Francisco, BofA is alleging that MGIC, a Milwaukee mortgage insurer, is denying "millions of dollars in valid mortgage insurance claims" the lender has submitted.