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PALO ALTO, Calif. – Addison Avenue FCU said it has signed with Jwaala LLC to offer the company’s MoneyTracker to its members.
July 20 -
BATON ROUGE, La. – Main Street FCU is rolling out a new credit card personalization tool that gives cardholders the ability to create a one-of-a-kind, custom card.
July 20 -
ALEXANDRIA, Va. – NCUA said a credit union can meet the requirements of its fixed asset rule if it lists an abandoned property for sale with a real estate broker.
July 20 -
LAS VEGAS – Nevada’s credit unions continue to report big losses for the second quarter, as the state’s real estate crisis persists.
July 20 -
TAMPA, Fla. – Representatives of Suncoast Schools FCU yesterday disputed the assertion that low capital ratios at it and GTE FCU were part of the reason the two credit unions ended their plans for the industry’s biggest merger.
July 20 -
VIENNA, Va. – Navy FCU had another successful three months in the second quarter, reporting net income of $100 million–its best quarter ever–and asset growth of 3%, pushing the world’s largest credit union to $39.9 billion.
July 20 -
TAMPA, Fla. – Among the factors that killed the proposed combination of Suncoast Schools FCU and GTE FCU, the biggest credit union merger ever, are the effects of diminishing capital in the two troubled credit unions, sources indicate.
July 19 -
ALEXANDRIA, Va. – The NCUA taketh, and the NCUA giveth back: that’s the story of the second quarter financials for credit unions, many of which are reversing millions of dollars in first quarter charges for the corporate credit union bailout which they took at the direction of NCUA, and reporting the gain as operating income.
July 19 -
WEST PALM BEACH, Fla. – Credit Union Journal is now accepting participants for one of its most popular annual traditions: A Day In The Life of Credit Unions.
July 19 -
ALEXANDRIA, Va. – NCUA Chairman-nominee Deborah Matz is preparing to fill top spots in her administration with two long-time credit union operatives, as Senate confirmation hearings approach on Matz’s nomination.
July 19 -
TULSA, Okla. – Hundreds of residents joined officials of Tulsa Teachers CU to unveil its new branch in nearby Bixby–and the chance to win $500.
July 19 -
CHEYENNE, Wyo. – Meridian Trust FCU broke ground last week on an 8,000-square-foot administration building, which will be connected to the credit union's existing branch at the site.
July 19 -
WASHINGTON – The Treasury Department added two more mortgage servicers to its qualified list of participants in its Home Affordable Modification Program, or HAMP.
July 19 -
SHEBOYGAN, Wis. – A 19-year-old member of Kohler CU was charged last week with making $2,100 in fraudulent deposits at ATMs, then withdrawing the phantom funds using his debit card.
July 19 -
NORFOLK, Va. – A hired gun who was paid to knock off a U.S. Navy officer by his wife, was found guilty Friday of murdering the seaman as he pulled up to the ATM at Langley FCU in April 2007.
July 19 -
ALEXANDRIA, Va. – NCUA declared that its Temporary Corporate CU Share Guarantee Program, enacted to stem an outflow of funds from corporate credit unions, will cover accrued dividends posted before the failure of any corporate participating in the program.
July 19 -
WYOMISSING, Penn. – Bellco FCU said it has agreed to merge with Berks Community FCU, an ailing credit union of similar size.
July 19 -
SYRACUSE, N.Y. – Fast-growing Empower FCU said Friday NCUA has approved its acquisition of Telco FCU, an undercapitalized $23 million credit union based in nearby Elmira.
July 19 -
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POST FALLS, Idaho-According to one economist, credit unions should see a down economy as an opportunity and not an excuse.
July 17