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TAMPA, Fla. – Suncoast Schools FCU and GTE FCU said today they have ended their planned marriage, one of several giant mergers prompted by the recession in Florida and its impact on credit unions and banks.
July 15 -
MADISON, Wis. – Another $6 billion of new savings flowed into credit unions in May, putting 2009 on pace for one of the best years of credit union share growth, according to CUNA.
July 14 -
SHEBOYGAN, Wis. – Two Sheboygan police officers were found innocent of excessive force on a man who robbed Sheboygan Area CU at gunpoint in January 2004 who was captured after a high-speed chase.
July 14 -
BROOKFIELD, Wis. – Fiserv said yesterday that it has signed five credit unions to new account processing contracts for its Portico, CubicsPlus and Galaxy credit union platforms.
July 14 -
MACON, Ga. – Officials at Brosnan Yard FCU have notified police that $100,000 may be missing.
July 14 -
TULSA, Okla. – Western Sun FCU has renewed its contract with Edcomm Banker’s Academy for another year of comprehensive credit union training.
July 14 -
TUKWILA, Wash. – BECU said it has implemented SPSS Inc.’s Predictive Analytics to better understand, translate and visualize how members, constituents or employees will likely behave in the future.
July 14 -
PALO ALTO, Calif. – Addison Avenue FCU plans to launch the Wesabe Springboard Community Application, part of Wesabe’s personal financial management website.
July 14 -
WASHINGTON – NAFCU called on key senators to exempt credit unions and other insured depositories from the proposed Consumer Financial Protection Agency, even as senators from both parties were lining up behind the Obama administration proposal.
July 14 -
SACRAMENTO, Calif. – The number of credit unions stepping up to accept the state general warrants in the face of the widening fiscal crisis continues to grow this week as increasing numbers of banks are refusing to accept the IOUs.
July 14 -
KINGSPORT, Tenn. – One old member of Kinsport CU may think better of expressing his anger at the drive-thru: 68-year-old Harry Boyer, who was ‘flipping the bird’ at tellers in the drive-thru window was arrested and charged with disorderly conduct Monday.
July 14 - New Hampshire
A former branch manager for MetaBank in Sioux City, Iowa, pleaded guilty last week to selling more than $4 million of phony certificates of deposit to banks, credit unions and other entities, and now the buyers are trying to get their money back.
July 13 -
ALLENTOWN, Penn. – Two of the five men charged with robbing First Class FCU of $67,750 in September 2007 will serve at least five years in state prison. During the robbery, the credit union president was struck on the head with a gun.
July 13 -
SAN DIMAS, Calif. – Christian Community CU’s Focused on the Future Scholarship Program awarded $45,500 in scholarships to 46 students in 2009.
July 13 -
BROCKTON, Mass. – HarborOne CU contributed $23,635 to the Old Colony YMCA's Strong Kids Campaign.
July 13 -
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 13 -
YOUNGSTOWN, Ohio – Associated School Employees CU said it has agreed to acquire Greater Warren Community FCU, its second merger of the year.
July 13 -
SECAUCUS, N.J. – XCEL FCU said it has switched the processing for its 2,500 credit card accounts to TNB Card Services.
July 13 -
MADISON, Wis. – UW CU has launched a new consumer debt calculator called ‘Debt in Focus’ to help members with budgeting and personal finance.
July 13 -
TUKWILA, Wash. – BECU said yesterday it has contracted with PSCU Financial Services to perform early stage collections for its credit card portfolio of 184,000 accounts.
July 13