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COLORADO SPRINGS – Ent FCU wrapped up another successful United Way campaign – raising $119,170 exclusively from its employees’ generosity and passion for the community.
December 9 -
VERNON HILLS, Ill. – Baxter CU, a $1.4 billion credit union giant, said it has acquired Brunswick Employees CU, a troubled $7 million credit union in nearby Lake Forest, Ill.
December 9 -
SYRACUSE, N.Y. – Students at Fowler High School will open an adjunct branch of Syracuse Cooperative FCU today.
December 9 -
CUMBERLAND, Penn. – AmeriChoice FCU opened its latest student-run branch Friday in the Cumberland Valley School District.
December 9 -
WILLIAMSPORT, Penn. – West Branch FCU said it has joined the CU Student choice private student loan program.
December 9 -
CLOQUET, Minn. – Members Cooperative CU is the first Minnesota credit union to join a cooperative student lending network, cuStudentLoans.org, which provides lessons in financial literacy as it hands out student loans.
December 9 -
WALL STREET – Fitch Ratings downgraded CMG Mortgage Insurance Co. yesterday four notches, to "BBB" from "A+," on increasing prime delinquencies and their potential impact on capitalization on the mortgage insurer for credit unions.
December 9 -
VIENNA, Va. – In the biggest credit union expansion ever, Navy FCU said it plans to hire as many as 1,000 employees in 2010 to help fill vacancies in its growing call center operations and new branches.
December 9 -
DES MOINES, Iowa – A massive winter storm that affected nearly two-thirds of the country left entire states paralyzed and shuttered credit unions across swaths of the Midwest yesterday.
December 9 -
WASHINGTON – Credit union lobbyists were working with members of the House Rules Committee late last night on efforts to limit the impact on credit unions of a massive financial services bill, which the House will begin to debate this afternoon.
December 9 -
SALEM, Mass. – Two men who robbed or tried to rob 11 area banks in 11 days in 2008, then ended after they hit a Digital FCU branch in nearby Nashua, N.H., were each sentenced this week to two-to-five years in state prison.
December 8 -
IRVING, Texas – Online auto loan finance company myAutoloan.com said yesterday it has been granted a U.S. patent for technology that allows consumers to complete one application for any loan product such as a new or used auto purchase, refinancing of an existing auto loan, boat or mortgage loan resulting in online, real time multiple loan offers from participating finance companies, banks and credit unions.
December 8 -
WORTHINGTON, Penn. – Employees at Moonlight CU supported the local Samaritan’s Purse this Christmas season, filling more than 25 boxes with toys, toiletry items, and basic necessities to be distributed to individuals in need around the world.
December 8 -
ROCKVILLE, Md. – MCT FCU adopted four underserved families this holiday season for its third annual Holiday Wishes donation drive.
December 8 -
LATHAM, N.Y. – Community Resource FCU said it has become a member of the Universal Sharing Network’s shared branch network operated by the New York CU League.
December 8 -
HARTFORD, Conn. – Two tiny credit unions based in nearby Bloomfield, American Mutual CU and Jordan Mutual CU, both under $200,000 in assets, plan to merge into Victory/Piaterer Mutual Benefit Association (credit union), which has slightly more than $2 million in assets.
December 8 -
CHATSWORTH, Calif. – Telesis Community CU is asking a federal court in Florida to appoint a receiver for a troubled shopping mall development that has defaulted on an $11 million member business loan.
December 8 -
DULUTH, Ga. – Georgia Central CU said additional losses on its U.S. Central FCU holdings will force it to deplete its own members’ capital by an additional $12 million on Dec. 22, the latest trickle-down of U.S. Central losses.
December 8 -
RICHLAND, Wash. – Fast-growing Gesa CU opened its new corporate offices Monday, in a newly constructed four-story, 76,000 square-foot building downtown.
December 8 -
PHOENIX – Arizona FCU, which has been fighting one of the worst economies in the country, said yesterday it plans to close eight more branches in 2010 to help cut expenses.
December 8