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SUITLAND, Md. – Andrews FCU is sponsoring several military holiday greeting spots airing on various networks in the Washington, D.C., area, giving soldiers and others deployed overseas a chance to send televised messages to family members.
December 3 -
ST. PETERSBURG, Fla. – GTE FCU is poised to open a new branch in midtown, a troubled neighborhood that has been without financial services for almost two decades.
December 3 -
CHICAGO – Polish & Slavic FCU has signed a lease to open a new branch here, the $1.2 billion credit union’s first branch outside of its core New York and New Jersey market.
December 3 -
SOUTHFIELD, Mich. – CenCorp CU became the latest corporate credit union to deplete its member capital as a result of losses trickled down from U.S. Central FCU and from write downs on its mortgage-backed securities.
December 3 -
WINSTON-SALEM, N.C. – Truliant FCU said its members saved more than $1 million through a special savings program that automatically transferred all pennies in an account to a special savings account at the end of each day.
December 3 -
BATTLE CREEK, Mich. – OMNI Community CU said yesterday it plans to return $750,000 to members just after New Year’s in the form of a “Cash Rebate.”
December 3 -
CLARKSVILLE, Tenn. – Fort Campbell FCU said yesterday it will be paying its members a patronage dividend of $1 million next week.
December 3 -
WASHINGTON – Home loan rates fell for the fifth week in a row to their lowest in decades, pushed down by an aggressive government campaign to reduce borrowing costs.
December 3 -
HAVERHILL, Mass. – Haverhill Bank said its president and chief operating officer, Peter DiBenedetto, is stepping down after successfully completing the first credit union merger with a bank in Massachusetts.
December 2 -
AKRON, Ohio – Buckeye State CU said it has implemented online training from Edcomm Banker’s Academy.
December 2 -
BIRMINGHAM, Ala. – Alabama Telco CU said it is expanding its relationship with Wolters Kluwer Financial Services by installing the company’s AppOne lending system.
December 2 -
EUGENE, Ore. – SELCO Community CU has awarded 95 Mini-Grants of up to $250 to supplement funding to K-12 classrooms in the communities the credit union serves.
December 2 -
MANSFIELD, Texas – Texas Trust CU said it has implemented Webroot’s new e-mail archiving service.
December 2 -
EL MONTE, Calif. – Vons CU is going green with several environmental projects, including installation of a 60 KW rooftop solar power system, which will offset 25% of its electricity consumption.
December 2 -
RICHARDSON, Texas – Texans CU and Amplify CU have signed with VINtek to implement the company’s electronic lien and title service.
December 2 -
SAN JOSE, Calif. – Tech CU announced a partnership yesterday with Access Growth LLC to foster the development and growth of start-up and emerging growth companies.
December 2 -
WARRENVILLE, Ill. – Members United Corporate FCU reported that its growing losses and diminishing capital have prompted the Federal Reserve to cut off its access to the discount window for emergency loans.
December 2 -
WASHINGTON – House leaders are expected to propose extending an exemption for credit unions under $1.5 billion from examinations by the new Consumer Financial Protection Agency to all credit unions under $10 billion – exempting all but three giants from the majority of oversight by the new agency.
December 2 -
NEW YORK – Municipal CU announced a partnership with A&P supermarkets with which it has placed ATMs in 16 of the company’s Pathmark grocery stores in the New York metro area.
December 2 -
SALT LAKE CITY – H. Floyd Tanner, chairman of the board of directors of Mountain America Credit Union for the past 16 years, passed away, the CU announced.
December 1