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BATTLE CREEK, Mich. – OMNI Community CU has purchased 500 school backpacks and is inviting members and area residents to donate school supplies to fill them for the start of school.
August 4 -
ALEXANDRIA, Va. – Pentagon FCU said its members will earn 5% cash back on eligible items at book stores, computer and electronics retailers and office supply stores through Sept. 30 when purchasing with their Visa Platinum Cash Rewards Card.
August 4 -
WEST LAFAYETTE, Ind. – Purdue University Employees FCU is the fifth credit union to be approved as a servicer in the Home Price Decline Protection component of the Treasury Department’s mortgage refinance Home Affordable Modification Program, or HAMP.
August 4 -
TUKWILA, Wash. – Prime Alliance Solutions said yesterday it is partnering with Kroll Factual Data to provide credit unions with Kroll’s credit and flood technology services through Prime Alliance Solutions’ LOS platform.
August 4 -
VIENNA, Va. – Navy FCU said yesterday it has executed an early renewal of its merchant bankcard processing services agreement with Metavante Corporation.
August 4 -
SACRAMENTO, Calif. – The Golden 1 CU announced yesterday it is introducing Federal Housing Administration mortgages to its members.
August 4 -
MOUNT LAUREL, N.J. – PHH Corp., which operates the largest mortgage bank for credit unions, reported a surge in second quarter earnings yesterday to $111 million, as its mortgage production soared.
August 4 -
NORTH CANTON, Ohio – ATM maker Diebold Inc. said yesterday that net income for its second quarter rose 11% to $31.7 million, even as revenues were declining by 9%.
August 4 -
LYNCHBURG, Va. – Even as U.S. Central FCU is reporting an additional $500 million depletion in their capital, several corporate credit unions are deferring the trickle-down depletion of their own capital until the release the long-awaited 2008 financials for U.S. Central, which are expected to show additional losses.
August 4 -
BALTIMORE – Authorities are investigating the unauthorized transfer of $252,000 by Johns Hopkins FCU to an overseas figure purporting to be one its members, a renowned international expert in AIDs.
August 4 -
WHEELING, W.V. – The former CEO of defunct Center Valley FCU was indicted on charges of embezzling $9 million of the failed credit union’s $17 million in deposits.
August 3 -
PHOENIX – Desert Schools FCU has introduced a multi-media ad campaign that aims to calm people in the current recession and gain market share.
August 3 -
DALLAS – TNB Card Services announced yesterday it has renewed its credit and debit card processing pact with First Data Corp. for another five years.
August 3 -
MOON TOWNSHIP, Penn. – Clearview FCU has awarded ten $1,250 Ralph B. Canterbury Scholarships.
August 3 -
AUSTIN, Texas – A+ FCU said its A+ Education Foundation awarded grants to nine San Marcos school district teachers.
August 3 -
WEST COVINA, Calif. – First Financial CU said yesterday it has renewed its contract with Edcomm Banker’s Academy for a third year of web-based compliance training.
August 3 -
DEL RIO, Texas – Border FCU has implemented Integrated Bank Technology’s Integrated Branch Capture and Integrated Document Imaging.
August 3 -
MADISON, Wis. – UW CU said yesterday it has agreed to purchase a 14,00-square-foot building in the Milwaukee suburb of Wauwatosa from AMCORE Bank, which the credit union will turn into its third branch in Milwaukee.
August 3 -
ALEXANDRIA, Va. – The former president of First Community CU, sent to prison for embezzling as much as $1 million from the Columbia Heights, Minn., institution, was banned from the industry, NCUA said yesterday.
August 3 -
TALLAHASSEE, Fla. – Southeast Corporate FCU said it will pass on about $6.1 million in charges from the loss of its capital in U.S. Central FCU to its 430 credit union members.
August 3