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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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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