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  • Branch network
    U.S. Postal Services FCU Inks Cards Processing Pact With TNB

    CLINTON, Md. – The U.S. Postal Service FCU is converting processing for its $22 million credit card portfolio to TNB Card Services.

    August 31
  • Technology
    Schools FCU Gets PSCU Call Center During Processing Troubles

    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
  • CUJ content
    Teen Charged In CU Heist

    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
  • Branch network
    Michigan First CU Opens In-Store Branch In Meijer

    LATHRUP VILLAGE, Mich. – Michigan First CU will open its first in-store branch today in the Meijer’s in nearby Fraser.

    August 31
  • Performance reports
    Mica's $1.9 Million Pay Among Highest For Washington Trade Group Execs

    WASHINGTON – CUNA reported yesterday the final red ink for 2008 was just less than $8 million.

    August 31
  • CUJ content
    BizKid$ Takes Home The Emmy

    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
  • CUJ content
    $100 Give-Away Causes Local Sensation

    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
  • Corporate credit unions
    NCUA Says Assessment For Corporate Bailout Still Unknown

    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
  • CUJ content
    Hit-Man Gets Death Sentence In Murder-For-Hire At The CU ATM

    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
  • CUJ content
    $412 Robbery Earns Five Years In Jail

    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
  • CUJ content
    Apple FCU Stuffs The Bus With School Supplies

    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
  • CUJ content
    Truliant FCU Awards $28,000 In Grants To Non-Profits

    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
  • Lending
    Pentagon FCU Offers Lower Overdraft Fees to Military Warriors

    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
  • Lending
    FCU's Barred From Servicing Non-Member Mortgages

    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
  • Performance reports
    Three More Bank Failures Make 84 For The Year

    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
  • Performance reports
    Tiny CU Is 12th Failure Of 2009

    PHILADELPHIA – NCUA on Friday took over Free Choice FCU and sold the remnants of the failed credit union to Trumark Financial CU.

    August 30
  • CUJ content
    NCUA Backtracks On Fraud Warning

    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
  • CUJ content
    TJX Hacker To Plead Guilty

    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
  • CUJ content
    Taylor, Bean & Whitaker Mortgage Employee Charged In $1.6 Million CU Scheme

    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
  • CUJ content
    CUNA To Recreate Iconic Photo Where It All Started

    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
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

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