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CLINTON, Md. – The U.S. Postal Service FCU is converting processing for its $22 million credit card portfolio to TNB Card Services.
August 31 -
LOS ANGELES – Schools FCU obtained 24/7 call center services from PSCU Financial Services during complications with the credit union’s core system.
August 31 -
GREEN BAY, Wis. – A 17-year-old former employee at Fox Community CU was arrested Friday in connection with an armed robbery at the credit union the day before.
August 31 -
LATHRUP VILLAGE, Mich. – Michigan First CU will open its first in-store branch today in the Meijer’s in nearby Fraser.
August 31 -
WASHINGTON – CUNA reported yesterday the final red ink for 2008 was just less than $8 million.
August 31 -
LOS ANGELES – BizKid$, the innovative credit union TV show that teaches kids about financial education, won a Daytime Emmy during the annual awards ceremony held by the National Academy of Television Arts & Sciences Sunday night.
August 31 -
LIVONIA, Mich. – There’s no telling what the 100 strangers chosen randomly to get a $100 bill from representatives of Co-Op Services CU will do with the cash, but it’s predictable what they all do afterward–smile.
August 31 -
ALEXANDRIA, Va. — The expected $1 billion premium to be voted later this month for the National CU Share Insurance Fund is not in addition to an assessment to pay charges for the corporate credit union bailout, because the size of the corporate assessment remains unknown. A report in the Aug. 28 Credit Union Journal Daily Briefing could have been interpreted to indicate incorrectly that the $1 billion would be additional funds.
August 30 -
NORFOLK, Va. – A 38-year-old hit-man hired to kill a Navy officer outside a Langley FCU ATM two years ago was sentenced to death last week by a federal jury.
August 30 -
TACOMA, Wash. – A 40-year-old robbery, who led police on a high-speed car chase after stealing $412 during a hold-up at Lacamas County CU earlier this year was sentenced Friday to five years behind bars.
August 30 -
FAIRFAX, Va. – 2009—After five weeks and 21 drop-off locations across four counties, Apple FCU’s Stuff the Bus rolled to a stop last week with supplies for hundreds of students as they prepare for today’s opening day of school.
August 30 -
WINSTON-SALEM, N.C. – Truliant FCU announced last week the granting of a total of $28,000 in mini-grants to almost 30 non-profit agencies in the three states it serves, North Carolina, South Carolina and Virginia.
August 30 -
ALEXANDRIA, Va. – Pentagon FCU rolled out a new program that is designed to significantly reduce the amount of overdraft fees members of the Active, Reserve and National Guard forces must pay.
August 30 -
ALEXANDRIA, Va. – NCUA said a federal credit union may not service or collect on loans for non-members, either directly or through a CUSO.
August 30 -
WASHINGTON – The FDIC on Friday seized three more troubled banks, making a total of 84 failures through the first eight months of the year.
August 30 -
PHILADELPHIA – NCUA on Friday took over Free Choice FCU and sold the remnants of the failed credit union to Trumark Financial CU.
August 30 -
ALEXANDRIA, Va. – NCUA downgraded a fraud warning issued last week on a CD mailed to a credit union, saying the CD was actually mailed by the credit union to itself as part of an internal "system penetration" test.
August 30 -
BOSTON – Albert Gonzalez, the mastermind behind the data breaches that siphoned tens of millions of dollars from credit unions and banks, agreed last week to plead guilty to stealing credit card information from TJX Cos. and several other retailers.
August 30 -
ORLANDO, Fla. – An employee at troubled Taylor, Bean & Whitaker Mortgage Corp. was charged last week with stealing more than $1.6 million from the company by depositing the funds into accounts he controlled at Navy FCU.
August 30 -
ESTES PARK, Colo.-To mark the 75th anniversary of CUNA, credit union leaders plan to gather here where the trade association was first formed on Aug. 10, 1934.
August 28