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  • CUJ content
    Robbery Suspect Runs Over Cop In Failed Getaway

    SAN ANTONIO, Texas – A man escaping a robbery at a San Antonio CU branch yesterday morning ran over a police officer who caught up with the getaway vehicle.

    August 11
  • Performance reports
    FHLB Seattle Is Undercapitalized

    SEATTLE – The Federal Home Loan Bank of Seattle was classified by federal regulators as ‘undercapitalized’ for the first quarter, the bank said in a regulatory filing Friday.

    August 10
  • Performance reports
    FHLB San Francisco Reports Higher Earnings On Derivatives Gains

    SAN FRANCISCO – The Federal Home Loan Bank of San Francisco said a $168 million gain from derivatives and other financial instruments pushed net income up 30%, to $303 million, for the second quarter of 2009.

    August 10
  • CUJ content
    Fair Isaac Marks New Market Identity

    WALL STREET – Executives at FICO, known until recently as Fair Isaac & Co., will ring the closing bell at the New York Stock Exchange next Monday to celebrate the company’s new stock symbol, FICO.

    August 10
  • CUJ content
    Summit CU Donates $15,000 To Community Health

    MADISON, Wis. — Summit CU has contributed $15,000 to the East Madison Community Center to support the expansion of the Center’s health and fitness services for area children and their parents.

    August 10
  • Technology
    Operating Engineers FCU Adds IMM’s TotalChecks

    LIVERMORE, Calif. – Operating Engineers FCU said it has implemented Integrated Media Management’s TotaleChecks in conjunction with branch item capture to clear all checks in-house.

    August 10
  • Technology
    Anoka Hennepin CU Converts Cards Program To TNB

    COON RAPIDS, Minn. – Anoka Hennepin CU will convert approximately 3,500 card accounts with balances of $4.2 million to TNB Card Services.

    August 10
  • Technology
    Water And Power Community CU Goes With PSCU For ATM Processing

    LOS ANGELES – Water and Power Community CU said yesterday it has signed with PSCU Financial Services to convert processing of 25,000 PIN debit accounts and 14 ATMs.

    August 10
  • Technology
    The Golden 1 CU Installs Fiserv’s At-Home Deposit System

    SACRAMENTO, Calif. – The Golden 1 CU will implement Fiserv’s Consumer Source Capture product which allows consumers to deposit checks from their home PCs, the $7 billion credit union said yesterday.

    August 10
  • Corporate credit unions
    NCUA Transfers CLF Funds From U.S. Central FCU

    ALEXANDRIA, Va. – NCUA said yesterday it transferred $1.8 billion on deposit with the emergency loan fund, the Central Liquidity Facility, from the failed U.S. Central FCU and bought U.S. Treasury securities with the funds.

    August 10
  • Corporate credit unions
    NCUA Extends Guarantee On Corporate Deposits

    ALEXANDRIA, Va. – NCUA announced yesterday it is extending the expiration date of its Temporary Corporate Share Guarantee Program, which is guaranteeing all deposits in corporate credit unions, for another three months, until Dec. 31, 2011.

    August 10
  • Corporate credit unions
    Corporate Central CU Raises New Capital

    MUSKEGO, Wis. – Buffeted by losses on their U.S. Central FCU capital, Corporate Central CU said Friday it raised $47.4 million in new paid-in-capital.

    August 9
  • Performance reports
    San Francisco Fire CU Eyes New Capital Account

    SAN FRANCISCO – In an effort to emphasize the credit union difference to its members, San Francisco Fire CU is planning to create a new member capital accounts.

    August 9
  • CUJ content
    CORRECTION: Liberty Bay CU Name In NFL Star As Spokesman Story

    BRAINTREE, Mass. – Liberty Bay CU’s name appeared incorrectly, as Liberty Bay FCU, in an Aug. 6 report in the CU Journal Daily Briefing, as did the credit union's former name. It was Telephone Workers CU.

    August 9
  • CUJ content
    Young Brothers Convicted In $360,000 Armored Car Heists

    ALEXANDRIA, Va. – A third man convicted in three armored car robberies, including the February heist of $120,000 from a truck replenishing ATMs at a Navy FCU branch, was sentenced Friday to 32 years in prison.

    August 9
  • Performance reports
    Refi Gains Boost Bottom Line At Check Printer Harland Clarke, As Sales Slide

    DECATUR, Ga. – Harland Clarke Holdings said Friday that lower debt service charges helped produce a doubling in net income for its second quarter, even as revenues from its core check printing business continued to slide.

    August 9
  • Lending
    Losses Narrow At Freddie Mac

    WASHINGTON – Freddie Mac reported a massive $4.2 billion gain on hedging as mortgage rates plunged to record lows almost dug it out of the red for the second quarter, even as dark clouds continue to hover over the secondary mortgage market giant.

    August 9
  • CUJ content
    North Carolina SECU Finances Another Home For The Disabled

    CHARLOTTE, N.C.. – State Employees CU announced Friday it is helping finance another residential project with the North Carolina Housing Finance Agency by providing 0% financing on a $470,000 loan to build a group home which will serve as permanent housing for six persons with traumatic brain injury or developmental disabilities.

    August 9
  • CUJ content
    Texans CU Raises $135,000 To Fight Juvenile Diabetes

    DALLAS – Texans CU helped raise more than $135,000 for the Juvenile Diabetes Research Foundation through its recent Swing for a Cure golf tournament at Gleneagles Country Club in Plano.

    August 9
  • CUJ content
    Arizona Central CU Promotes For New CEO

    PHOENIX – Arizona Central CU announced Friday the naming of Todd Pearson, its chief operations officer, as the new president and CEO of the $420 million credit union.

    August 9
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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.

ABM1025_Cover.jpg

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