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FLINT, Mich. – Credit unions are searching for new ways to help the beleaguered auto workers after Monday’s bankruptcy filing by General Motors, but most of them have been offering special programs for years to stem the demise of America’s car industry.
June 2 -
WASHINGTON -- President Obama yesterday officialy nominated former NCUA Board member Deborah Matz to be chairman of the three-member panel, by sending her nominating papers over to the the Senate Banking Committee for its review.
June 1 -
GLENS FALLS, N.Y. – A state jury last week found that a local family is not liable for a fake check scheme they became embroiled in almost four years ago that cost Ticonderago FCU almost $100,000.
June 1 -
GLADSDEN, Ala. – Community CU shut one branch yesterday while employees picketed the credit union’s two other branches over an impasse on contract negotiations.
June 1 -
ALBANY, N.Y. – Kenneth Bopp, active in four different New York credit unions, two as a volunteer, died here Friday at 77.
June 1 -
AUSTIN, Texas – Teres Solutions has partnered with Andera to integrate the Andera account opening solution with the industry-leading Teres Solutions SAIL lending automation platform.
June 1 -
BROOKFIELD, Wis. – Fiserv announced the launch of a mobile banking solution that can be rapidly deployed by credit unions and banks.
June 1 -
JACKSONVILLE, Fla. – Fidelity National Information Services said its Advanced Commercial Banking System division has introduced a Distressed Loan Trade Management and Settlement Platform on the ACBS ClearPar syndicated loan operations platform.
June 1 -
ST. PETERSBURG, Fla. – PSCU Financial Services announced an upgrade yesterday in its collections system with Akcelerant software that will allow credit unions to handle collections for a variety of product lines.
June 1 -
IOWA CITY, Iowa – Thirteen high school and junior high school students received U.S. Savings Bonds of either $50 or $100 denominations for receiving high grades as part of the University of Iowa CU’s "It Pays to Get A's" program.
June 1 -
DeWITT, N.Y. – NPG Employees FCU may be faced with the closure of its original sponsor group, but that won’t stop the $48 million credit union, chartered 52 years ago to serve employees of the New Process Group auto parts plant here.
June 1 -
SAN FRANCISCO – The Federal Home Loan Bank of San Francisco awarded 42 affordable housing projects a total of $30.3 million in grants yesterday, including $2.2 million for projects headed by Mission FCU and Altura CU.
June 1 -
BURLINGTON, Mass. – EasCorp FCU said it raised new equity capital with an $18 million offering of preferred paid-in-capital accounts II, considered Tier One capital under generally accepted accounting principles, or GAAP.
June 1 -
ALEXANDRIA, Va. – NCUA is preparing to transfer the $5.9 billion cost of the corporate credit union bailout from the National CU Share Insurance Fund to the newly created Corporate CU Stabilization Fund, which would allow credit unions to pay off the bailout charge over seven years.
June 1 -
Nominations may be submitted by credit unions themselves, a CUSO, or even another credit union. Nominations can also be submitted by suppliers to the credit union community that have clients they believe exemplify the best practice in implementing a particular product or service.
June 1 -
SALEM, Mass. – A Lynn father who said he robbed two local credit unions because he's addicted to heroin and needed money to buy his daughter a Christmas present last December is headed to state prison for five years.
May 31 -
AUGUSTA, Me. – Credit union executives raised $27,644 Maine Credit Unions' Campaign for Ending Hunger during their annual golf tournament at the Augusta Country Club during the Maine CU League’s 2009 convention.
May 31 -
ALBANY, N.Y. – SEFCU will celebrate the opening of its 25th Capitol Region branch Tuesday with a $10,000 donation to local food pantries in Schenectady and Niskayuna.
May 31 -
LEAGUE CITY, Texas – Workers have begun preparation on a 30,000 square-foot home office project for Associated CU which will meet the "green" standards for Leadership in Energy and Environmental Design.
May 31 -
GROTON, Conn. – Ten members of Charter Oak FCU won a cosmetic makeover, courtesy of the Mystic Salon & Spa, including a haircut, eyebrow shaping, a pedicure and manicure, and a "fantasy tan," as part of celebrations marking the $600 million credit union’s new look.
May 31