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BATON ROUGE, La. – Kristi Smith of Walker, La, a single mother of two, made a $34,000 swing in her financial condition in the Lose To Win: Financial Edition competition sponsored by E FCU, winning a $10,000 grand prize.
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MINNEAPOLIS – FICO, known until recently as Fair Isaac & Co., reported a 28% decline in fiscal fourth quarter earnings yesterday, to $17.1 million, as revenues slid 13%.
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DENVER – A former employee at Bellco CU was charged with embezzling more than $133,000 from the credit union.
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BROOMHALL, Penn. – Franklin Mint FCU presented a check for $25,000 to Mercy Health System, a down payment on a $100,000 four-year commitment the credit union made to support the hospital, in nearby Conshohocken.
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LINCOLN, Me. – Lincoln Maine FCU has named Cris Kinney, vice president, as president and CEO of the $35 million credit union.
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PENSACOLA, Fla. – Pensacola FCU is partnering with Sandy Sansing Mazda for a tent sale this weekend that will offer discounted rates on vehicle loans.
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HARVEY, La. Jefferson Financial CU has implemented Fiserv’s Consumer Source Capture solution.
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SALT LAKE CITY – Mountain America CU is piloting a new instant card issuance technology offered by Datacard Group.
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AUSTIN, Texas – Amplify FCU is installing a new member relationship management system from Econiq aimed at increasing cross sales of products and services.
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RIVERSIDE, Calif. – Altura CU is offering special loans to furloughed state workers at University of California Riverside campus who were required to take between 10 and 26 days off without pay because of state budget cuts.
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TALLAHASSEE, Fla. – Southeast Corporate FCU, after digesting last week’s third quarter report from U.S. Central FCU, told its 430 members it will deplete all of their paid-in-capital, a total of $20.2 million, and 0.5% of membership capital shares, or $4.5 million.
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WASHINGTON – The CEO of another giant credit union will testify next week before the Senate Banking Committee in favor of proposed legislation that would rein in overdraft protection programs and require credit unions to obtain written permission from members–an opt-in–to overdraft programs.
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DETROIT – Chrysler is back with an Invest in America discount for credit union members, a 1% discount off the manufacturer’s suggested retail price on a wide range of Chrysler vehicles.
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ST. PAUL, Minn. – An elusive robber who may have robbed as many as many as six area hold-ups was arrested Monday, three days after allegedly holding up the Wakota FCU in South St. Paul.
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PURCHASE, N.Y. – MasterCard, one of two common stocks held by credit unions, reported a $452.2 million third quarter profit yesterday, up from a $193.6 million loss in last year’s third quarter when it made a large payment on an antitrust settlement.
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NORTH CANTON, Ohio – ATM maker Diebold reported a $7.2 million loss yesterday for its third quarter, as sales slid 26% for the period.
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MONETT, Mo. – Jack Henry & Associates reported a 17% rise in its fiscal first quarter earnings yesterday to $26.3 million, even while revenues declined slightly.
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GRAND RAPIDS, Mich. – CU*Answers said yesterday it has signed with Firethorn Holdings to offer the company’s mobile banking application and SMS (text messaging) service to its 165 credit union clients.
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ST. PETERSBURG, Fla. – PSCU Financial Services announced yesterday it is rolling out iPhone and iPod applications for its mobile banking platform.
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VANCOUVER, Wash. – Columbia CU and the Rotary Clubs of Clark County joined togetherto provide dictionaries to area third graders for the fourth annual Clark County Rotary DictionaryDonation project.
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