WASHINGTON – In swift action, President Obama yesterday signed into law the omnibus housing bill that also enacts the corporate credit union bailout–less than 24 hours after it was passed by Congress.

WASHINGTON – Lawmakers are expected to grill NCUA Chairman Michael Fryzel during hearings on Capitol Hill this afternoon about the failure of the nation’s two largest credit unions and what the federal regulator might have done to prevent them.

BAKERSFIELD, Calif. – Kern Schools FCU announced yesterday its longtime president Vince Rojas will retire, amid growing financial difficulties at the state’s 11th largest credit union.

LOVELAND, Colo – Addison Avenue FCU is teaming up with the United We Paint Coalition to provide a free home makeover to a Larimer County resident on July 25.

ALBANY, N.Y. – SEFCU, celebrated the grand opening of its newest branch yesterday in Altamont, its 25th in the New York capital area, with a $10,000 donation to the Altamont Library capital campaign for the computer area within the library.

WINSTON-SALEM, N.C. – Truliant FCU has implemented Guardian Analytics’ FraudMAP online account fraud prevention tool.

DAYTON, N.J. – New Jersey Gateway FCU has installed Dynamic Marketing Systems’ Micro Merchant, a centralized Web portal that provides the ability to develop, customize and print marketing materials, to support the credit union’s in-house marketing programs.

BATON ROUGE, La. – Pelican State CU said yesterday it has implemented Wolters Kluwer Financial Services’ AppOne online lending solution.

AUSTIN, Texas – -United Heritage CU yesterday announced the launch of their new custom image SmartDesign VISA Debit card program through a partnership with Dynamic Card Solutions, and DimpleDough, a provider of card customization products and services.

TAMPA, Fla. – Tampa Bay Rays star third baseman Evan Longoria has signed with GTE FCU to be the spokesman for the credit union’s new youth program, targeted at 12-to-22 year-olds.

WAYNE, N.J. – The former president of First Jersey CU filed a whistleblower suit against the credit union claiming the she was fired for retaliation due to her notifying state examiners about extensive travel expenses accrued by her directors.

WASHINGTON – The Senate passed a credit card reform bill yesterday aimed at reigning in abusive credit card practices, but an unrelated amendment on guns jeopardizes the measure as it goes back to the House for a vote, expected today.

WASHINGTON – The House voted passage this afternoon of a bill passed by the Senate last week which will enact the corporate credit union bailout.

WASHINGTON – The House voted passage this afternoon of a bill passed by the Senate last week which will enact the corporate credit union bailout.

CARSON CITY, Nev. – Greater Nevada CU, which followed a $7.9 million loss for 2008 with a $4 million operating loss for the first quarter, announced yesterday it is closing two branches.

VIRGINIA BEACH – A man wanted for twice robbing a Virginia Beach Schools FCU branch here turned himself in.

EL PASO, Texas – GECU is distributing free discount prescription drug cards to people in El Paso and the surrounding area.

OKLAHOMA CITY – Communications FCU will convert its card processing to TNB Card Services.

OREM, Utah – Family First FCU said yesterday it is launching a payday loan product to assist members who need cash, have poor credit, or no credit.

CHICAGO – Alliant CU has signed with software giant SAS to implement the company’s Enterprise Miner business analytics software and services.