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POTTSTOWN, Penn. – Diamond CU held its Fifth Annual Charity Golf Invitational at Golden Oaks Golf Club last week and raised $23,600 for charity.
May 12 -
BROCKTON, Mass. – HarborOne CU said it has contributed $5,500 to the Massachusetts Coalition for the Homeless.
May 12 -
AMHERST, Mass. – UMassFive College FCU, which serves five local colleges, said yesterday it will be offering low-cost private student loans through the Credit Union Student Choice Program.
May 12 -
SAN JOSE, Calif. – Technology CU is calling on members and non-members alike to help raise funds for the state’s cash-strapped schools by earmarking summer savings for the favored school.
May 12 -
PALO ALTO, Calif. – Stanford FCU said it has become Geezeo’s first client for its CreditUnion HQ white label personal finance management suite.
May 12 -
DALLAS – Town North Bank, which has marketed its credit card business as credit union-owned, said yesterday it has agreed to sell its $300 million portfolio of credit union loans to Elan Financial Services, a unit of U.S. Bancorp, the parent of U.S. Bank.
May 12 -
WARRENVILLE, Ill. – Members United Corporate FCU, which reported a $511 million loss last week, said it is shedding another CUSO as part if its cost-cutting.
May 12 -
WARRENVILLE, Ill. – Members United Corporate FCU, which reported a $511 million loss last week, said it is shedding another CUSO as part if its cost-cutting.
May 12 -
SANTA BARBARA, Calif. – Credit unions here were open for business Monday after heavy smoke and ash from a wildfire forced branch closures on May 8.
May 11 -
BINGHAMTON, N.Y. – BCT FCU is reimbursing members who lost a total of $10,000 after providing their account information to a phishing scam using cell phone text messages.
May 11 -
SACRAMENTO, Calif. – SAFE CU said it has installed Intuit’s FinanceWorks, Intuit's first offering to banking institutions.
May 11 -
TINKER AIR FORCE BASE, Okla. – Tinker FCU said yesterday it has signed with Online Resources Corp. to implement the company’s account opening and lending services.
May 11 -
FARMINGTON, Mich. – Dennis DeWitt, president and CEO of LOC FCU since 1983, announced his is retiring in August.
May 11 -
HOUSTON – Smart Financial CU has opened a new branch, just east of Interstate 45, on the same property as the company’s previous branch.
May 11 -
MINNEAPOLIS – Teacher FCU, the state’s fifth largest credit union, announced it is changing its name to TruStone Financial FCU in June 1, as part of a rebranding to expand membership.
May 11 -
DETROIT – Detroit Municipal CU, which lost $4.1 million last year, has been approved by state regulators to convert to a community charter covering four million people in the surrounding counties of Oakland, Wayne and Macomb.
May 11 -
BOSTON – A former loan officer at First Priority CU pled guilty yesterday to a scheme to siphon as much as $530,000 from the credit union-now-bank and was sentenced to two-and-a-half years behind bars.
May 11 -
WASHINGTON – The credit union and banking lobbies were uniting last night against a provision that would be included in the credit card reform bill to allow merchants to offer discounts for use of debit cards, as opposed to credit cards, at the point of sale.
May 11 -
LENEXA, Kan. – When U.S. Central FCU issues its financial results for 2008 tomorrow they are expected to show a loss of more than $2 billion and that the central bank for credit unions had almost half of all of its investments in mortgage-related securities–an unusually high concentration.
May 11 -
LANSING, Mich. – Two graduating students at Michigan State University won a complete personal makeover from MSU FCU, enhancing their prospects as they enter the "real world" in the toughest job markets in decades.
May 11