ROCKFORD, Ill. – A man who was preparing to rob a Credit Union 1 branch Friday quickly fled for his life when a security guard shot at him.

DOTHAN, Ala. – The former chief financial officer at Wiregrass FCU was sentenced last week to 15 months in prison for stealing $137,000 from the credit union.

MEMPHIS, Tenn. – DuPont Memphis Plant Employees CU has launched Credit Union Compliance training from Edcomm Banker’s Academy.

BELLEVILLE, Ill. – Catholic and Community CU is partnering with the Society of St. Vincent de Paul to offer small, low-interest, short-terms loans to the needy who qualify.

CHICAGO – Alliant CU will unveil its own charitable foundation this week with a start-up contribution from the credit union of $4 million.

FORT WORTH, Texas – American Airlines FCU said it has signed with Intuit’s Digital Insight to offer the company’s FinanceWorks online financial management tool to its members.

COLUMBUS, Ind. – Centra CU is promoting the government’s CARS program buying up old gas-guzzlers with a ‘Worst Clunker in the World’ contest.

WASHINGTON – The FDIC on Friday took over four more bank failures, making a total of 69 through the end of July.

WASHINGTON – The House rejected a protest from the credit union lobby Friday and passed a bill that will allow NCUA and the bank regulators reign in excessive executive pay packages at credit unions and banks.

ALEXANDRIA, Va. - NCUA announced Friday it is pulling the funds for the Central Liquidity Facility, the industry’s $40 billion emergency loan fund, from deposits at troubled U.S. Central FCU and will invest them instead in U.S. Treasury securities.

CHICAGO – Corporate credit unions began discounting hundreds of millions of dollars of their membership capital Friday afternoon, hours after U.S. Central FCU announced a staggering $1.1 billion loss for the first six months of the year.

LENEXA Kan. – U.S. Central FCU today reported a $470.5 million loss for the second quarter, pushing first half losses to $1.1 billion.

LENEXA Kan. – U.S. Central FCU today reported a $470.5 million loss for the second quarter, pushing first half losses to $1.1 billion.

TUKWILA, Wash. — BECU loan officer David Johnson has advanced to the quarter finals of America's Got Talent.

SAN DIEGO — California Coast CU, which doubled in size with last year's merger of First Future CU, is adding another $130 million with the acquisition of Financial 21 Community CU, pushing it close to $2 billion in assets.

ALEXANDRIA, Va. — NCUA Vice Chair Rodney Hood received a gold medal during a farewell reception in his honor. Chairman Michael Fryzel presented him with the medal and congratulated him on his excellent performance during his time with the administration.

PHOENIX — A member of Desert Schools FCU was horrified when she realized she deposited $5,800 into the wrong account because she incorrectly typed one digit of her online account number when making the transfer-she typed a six instead of an eight.

BARCELONA, Spain-Former Mexico President Vincente Fox is no fan of plans by the U.S. to build a physical barrier along the U.S./Mexico border. As part of his response to a question about remittances posed by Cliff Rosenthal, executive director of the National Federation of Community Development Credit Unions during the World Council of CUs' World CU Conference here, keynoter Fox responded, "It is really incomprehensible, something we don't understand, why that great nation is building walls? What is the fear? What are they isolating from? I am talking about the border between the United States and Mexico, when they should be building bridges, bridges of understanding." The words were applauded by some in the audience of approximately 1,000, drawn from 60-plus countries around the world.

PROCTOR, W.V. — Before Bob Burrow was elected to the board of Corporate One FCU in April, he had reservations about taking on the risk of overseeing a corporate credit union with all the problems the system has been experiencing.

MADISON, Wis. — After more than three decades in the credit union industry, CUNA Mutual VP and product executive Bill Jolicoeur has called it a career. Jolicoeur initially joined CUNA Mutual as a sales representative in the northeast before being moved to the insurance provider's main office in Madison. Now that his 34-year career with credit unions is in the books, Bill shared some memories, advice and predictions with Credit Union Journal.