ALEXANDRIA, Va. – The NCUA Board is expected to vote this morning for a plan that would allow credit unions to pay the costs of the corporate credit union bailout in seven annual installments, instead of all at once.

WASHINGTON – The Obama administration will unveil a financial regulatory restructuring today that would combine several depository regulators.

DENVER – State regulators have issued cease and desist orders against two ailing state chartered credit unions, Longs Peak CU and Saguache County CU.

YORK, S.C. – A team of thieves drove a stolen backhoe through a barbed-wire fence and into an ATM at a Family Trust FCU branch bank early yesterday morning and broke open the cash machine.

ENGLEWOOD, Colo. – Dynamic Card Solutions, the providers of instant card issuing technology, said yesterday it is launching an easyPIN solution that allows portable and remote changing of cardholder’s PINs.

COLORADO SPRINGS, Colo. – Air Academy FCU said it granted more than $26,000 in art scholarships since the first of the year to 349 students in nine local school districts.

WEST JORDAN, Utah – Cypress CU raised $50,000 for Primary Children’s Medical Center during the annual telethon on May 30th.

HUTCHINSON, Kan. – Hutchinson CU has selected Ecessa’s PowerLink WAN link controller to provide automated load balancing and failover for its multiple ISPs and network circuits.

ALBANY, N.Y. – Capital Communications FCU said it has signed with Wescom Resources Group, a unit of Wescom Central CU, to install its new member relationship management solution.

AUSTIN, Texas – Greater TEXAS FCU has installed U.S. Biometrics’ AccessQ system for controlling physical access to entrances with fingerprint biometrics.

SMYRNA, Del. – Del-One FCU celebrated the opening of its first solar-powered branch, which uses photovoltaic panels to convert sunlight to electrical power.

ANAHEIM, Calif. – In an additional sign of the times, another church, the tenth since 2007, has defaulted on a loan from Evangelical Christian CU, the lender to more than 1,000 ministries across the country.

CONCORD, Calif. – A man who robbed CD FCU last week was quickly collared because an alert teller dropped a GPS device into the bag of cash he stole.

WEST PALM BEACH, Fla. – The Credit Union Journal is looking for nominations for our annual Best Practices Awards.

CHANTILLY, Va. – Online Resources Corp. announced that three representatives of Santa Monica-based hedge fund Tennenbaum Capital Partners, including John Dorman, the former CEO of Digital Insight, have won election to its ten-member board.

DALLAS – CRIF, the parent of Teres Solutions, said yesterday it has acquired FLS Services, a provider of indirect lending software to credit unions and banks.

CHERRY HILL, N.J. – TRM Corp., which recently launched a student loan processing operation, said yesterday it has signed processing deals with five credit unions that serve college students.

FREMONT, Ohio – Fremont FCU is sponsoring a car show this Saturday in downtown Fremont.

DURHAM, N.C. – Fast-growing Latino CU opened its newest branch yesterday in the town of Garner, the community development credit union’s eight service facility.

COLUMBUS, Ind. – Centra CU said yesterday it has signed with SkyRecon to implement the company’s StormShield security system to protect its business systems and member data.