NASHVILLE, Tenn.-A man wearing a full Santa Claus costume robbed a branch of SunTrust Bank here yesterday.

BATTLEFORD, Saskatchewan-Innovation Credit Union said it will host a meeting in response to a petition drive among some members.

SAN FRANCISCO-Six credit unions here are among the financial institutions here partnering with the City of San Francisco to begin offering Payday Plus SF, an alternative payday loan.

WASHINGTON-Data released by the Treasury Department indicates an increasing number of community banks that received federal bailouts are failing to pay the quarterly dividends they owe to the government.

IRTUAL">DALLAS-The Commerce Department revised downward its measure for economic growth during the third quarter from +2.8% to +2.2% as the result of weaker business spending and slower inventory investment than previously estimated, noted Brian Hague of Southwest Corporate Advisory Services, in a new analysis.

ATLANTA-While many see a turnaround at hand in the economy, consumer delinquencies on credit cards, first mortgages and home equity lines of credit continued to grow in November over October, according to data released by Equifax.

HARRISBURG, Penn.-Pennsylvania Gov. Ed Rendell has announced a new $1.2-billion statewide mortgage program to help more than 11,000 homebuyers with affordable loans.

WASHINGTON-Counter to some predictions, Treasury Secretary Timothy Geithner is expressing confidence that there will not be a "second wave" in the current financial crisis.

Palmetto Cooperative Services, LLC (PCS) reported it has completed a campaign to raise additional capital necessary to support additional growth by the CUSO.

Unlike in many states where a home remains a protected asset, a co-founder of a local church credit union here, who has been convicted of embezzling funds, has been told by a court to sell his home if he has to in order to repay the missing funds.

Aiming to expand relationships with new members, Meriwest Credit Union has developed a new member on-boarding program to inform new members of services and products from which they would benefit.

Some 84% of member business loan delinquencies and 91% of MBL charge-offs reside in the portfolios of just 100 credit unions, according to analysis of NCUA data by CU Business Group.

COLUMBUS, Ohio — Corporate One has released financials showing a $40.8 million loss for the 11 months ending Nov. 30, compared to net income of $19.7 million for the same period in 2008.

For the second year in a row, Dort FCU has substantially brightened to families' holidays by giving them new homes.

The news is starting to improve for borrowers who have received loan modifications on their mortgages, according data from the Office of the Comptroller of the Currency and the Office of Thrift Supervision.

Credit unions got the present they were seeking as the holidays approach, with the introduction of Senate Bill 2919, which would expand credit union business lending.

In good news for the economy, sales of existing homes were up 7.4% in November over October, after being up 10% in October over the prior month.

WASHINGTON–Legislation has been introduced in the Senate that would increase the current restrictions on credit union business lending. The Senate bill follows the House version, HR 3380, the Promoting Lending for America's Small Business Act, which would also enable up to an additional $10 billion in business loans if enacted.

VACAVILLE, Calif.–Two members of Travis Credit Union here have selected as winners of its "TCU Pays It Forward" program.

NORTH HAVEN, Conn.– Connex Credit Union has awarded Christopher and Lori Roche, a Guilford, Conn. couple with five children, the grand prize of $10,000 for their participation in the Connex Credit Union 2009 Savings Challenge.