-
SAN ANTONIO – United SA FCU has opened the company’s sixth office in the San Antonio area.
May 21 -
ELK RIVER, Minn. – Greater Minnesota CU has donated $2,500 to the city of Elk River for the Movies in the Parks program.
May 21 -
FITCHBURG, Mass. – Workers CU is launching a print and online ad campaign to promote its new slogan, "Doing what right...for you."
May 21 -
TALLAHASSEE, Fla. – Envision CU has purchased a Kentucky Fried Chicken restaurant and plans to renovate it into a branch.
May 21 -
CHAMBERSBURG, Penn. – Fast-growing Members 1st FCU is planning on building another new branch, this one at the former Valero gas station in Hummlestown.
May 21 -
PALO ALTO, Calif. – Addison Avenue FCU introduced what it calls a virtual Family Center to provide members and their children with educational information about managing money, student loan and scholarship offerings and recommendations regarding which accounts will help young members reap the rewards of saving early and often.
May 21 -
McLEAN, Va. – Long-term mortgage rates fell again this week, to near record lows, according to Freddie Mac.
May 21 -
WESTERVILLE, Ohio – Westerville Police, in conjunction with local credit unions and banks, has enacted a "no hats, hood, sunglasses, or cell phones" policy, part of an effort to deter credit union and bank robberies.
May 21 -
ENGLEWOOD, Colo. – Dynamic Card Solutions, the pioneer in instant card issuance, has introduced a contactless personalization program for the company’s flagship CardWizard platform.
May 21 -
ALEXANDRIA, Va. – The NCUA Board yesterday approved amendments to its Temporary Corporate CU Liquidity Guarantee Program, extending the program that provides a 100% government guarantee of all unsecured short-term debt issued by corporate credit unions.
May 21 -
WASHINGTON – A proposal to scrap credit union and bank participation in the guaranteed student loan program drew a rebuke yesterday from credit unions, already fighting to protect revenues from credit and debit cards and mortgages.
May 21 -
SEATTLE – The Federal Home Loan bank of Seattle, which has been struggling with a large portfolio of underwater mortgage-backed securities, reported a $467 million capital deficiency yesterday as part of first quarter financials.
May 20 -
MADISON, Wis. – The Filene Research Institute’s i3 Group has introduced a Web-based debt management tool that helps members take control of their finances and is looking for credit unions to beta test the tool.
May 20 -
TEXARKANA, Texas – A former teller for Texar FCU pleaded guilty Monday to embezzling more than $50,000 from the credit union.
May 20 -
CANTON, Ohio – A man believed to have robbed Stark FCU in March is also being sought for Tuesday’s heist at the same credit union branch.
May 20 -
GREAT FALLS, Mont. – Teachers FCU has pledged a $16,000 to the annual fundraising drive for the local Public Broadcasting Station.
May 20 -
AUGUSTA, Ga. – Augusta Metro FCU has implemented Ingersoll Rand Security Technologies’ standalone Schlage biometric HandKey reader to provide its members with self-service access to the safe deposit vault.
May 20 -
WASHINGTON – The inclusion of an unrelated gun amendment did not deter members of the House yesterday from voting final passage of the credit card reform bill and sending it on to the president for his signature by the end of the week.
May 20 -
ALEXANDRIA, Va. – The NCUA Board is expected to vote in closed meeting today to extend the terms of its Temporary Corporate CU Liquidity Guarantee Program, which provides a 100% guarantee on all unsecured debt issued by the corporates.
May 20 -
WASHINGTON – NCUA worked behind closed doors with representatives of the Federal Reserve and the Treasury to ensure both corporates and natural person credit unions had adequate sources of liquidity available as the corporate system was showing signs of a meltdown last fall, NCUA Chairman Michael Fryzel told lawmakers yesterday during hearings on the corporate credit union bailout.
May 20