ALEXANDRIA, Va. – The former manager and chief loan officer of community development credit union First Delta FCU was banned from the credit union industry for her conviction of a $1.4 million theft form the one-time $7.5 million institution, NCUA said yesterday.

PITTSBURGH – The Federal Home Loan bank of Pittsburgh said yesterday that losses on its mortgage-backed securities pushed net income for its second quarter down 40%, to $32.1 million, compared to the second quarter last year.

ONTARIO, Calif. – CO-OP Shared Branching said it contracted with Transaction Network Services to install its TNSLink solution to provide a more robust communications infrastructure to participating credit unions.

CUMBERLAND, Md. – First Peoples Community FCU said yesterday it has signed with TRC Interactive to implement the company’s CreditUnionTrainingOnline for its training needs.

WILLISTON, Vt. – New England FCU, the state’s largest credit union, said it named John Dwyer, Jr., its president and chief operating officer, as its new CEO.

ORLANDO, Fla. – CFE FCU is offering a new debit card program that aims to generate thousands of dollars annually for schools in Orange, Seminole and Osceola counties

AUBURN HILLS, Mich. – Genisys CU, the credit union giant formed by last year’s merger of USA CU and T&C FCU, said it has completed the conversion of its core processing to Harland Financial Solutions’ UltraData Enterprise system.

LAKELAND, Fla. – Members at credit union giant MidFlorida FCU have overwhelmingly approved the $1.4 billion credit union’s conversion to a state charter, enhancing its ability to expand into neighboring counties.

SAGINAW, Mich. – A former town official pleaded guilty to using his used car dealership to steal $85,000 from the sale of auto repossessions he was selling for Communications Family CU.

LAS VEGAS – NCUA said this morning it has closed down Community One FCU, the state's eighth-largest credit union which has been struggling amid the troubled Nevada real estate market, and the remnants of the troubled institution have been acquired by Utah credit union giant America First FCU.

LAS VEGAS – NCUA said this morning it has closed down Community One FCU, the state's eighth-largest credit union which has been struggling amid the troubled Nevada real estate market, and the remnants of the troubled institution have been acquired by Utah credit union giant America First FCU.

MULBERRY, Fla. – Magnify CU, known until recently as Community First CU, will add to its branches with the opening of a new green facility in south Lakeland.

CANDIA, N.H. – The New Hampshire CU League’s 9th annual Richard Mahoney CU Charity Golf Tournament at Candia Woods Golf Links, raised $57,000 for the Make-A-Wish Foundation.

WARREN, Mich. – Two suspicious packages left out side of credit unions in Eastpointe and Warren yesterday were found harmless and employees and members at the two credit unions were allowed to return to work.

STATE COLLEGE, Penn. – Penn State FCU celebrated the grand opening of its third branch Monday.

WILKES BARRE, Penn. – More than 700 children and their parents discovered how fun financial literacy could be as they enjoyed games, prizes, pony rides, free food, ice cream and a magic show during Cross Valley FCU’s annual Youth Day ‘09 last week.

BRILLION, Wis. – Best Advantage CU has moved into a new headquarters.

MINNEAPOLIS – Fast-growing Teacher FCU, the state’s sixth largest credit union, said it is changing its name to TruStone Financial CU.

ENGLEWOOD, Colo. – Dynamic Card Solutions announced the availability of "The Gallery," a collection of unique, pre-approved card background designs for unembossed instant card issuance.

INDIANAPOLIS – Credit Union Center, in partnership with CO-OP Shared Branching, is now offering CO-OP Mobile to its member credit unions.