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LAKELAND, Fla. – Three weeks after announcing their nuptials, MidFlorida FCU and Sarasota Coastal CU called of the marriage, one of three large mergers pending among the state’s troubled credit unions.
April 29 -
WASHINGTON – The Senate is expected to vote today on a plan that would allow credit unions to stretch out the $5.9 billion payment for the corporate credit union bailout over seven years.
April 29 -
SAN DIEGO – Attendees at Credit Union Journals’ Grow Show here were given the extraordinary opportunity to tour the world’s largest active warship, the U.S.S. Nimitz, and then spend more than an hour below decks with the ship’s captain discussing leadership and innovation.
April 28 -
SAN DIEGO – Credit unions can grow in 2009 and beyond, but it’s going to require some hard choices.
April 28 -
SAN DIEGO – Can a credit union grow in the current economic environment? The answer is a resounding “yes” according to the more than a dozen speakers and experts who have been speaking to Credit Union Journal’s Grow Show in its opening day. But that key to growth, suggested numerous credit union leaders, lies in being focused on identifying a market niche and serving it better than any other provider.
April 28 -
SOUTH KINGSTOWN, R.I. – A Peoples CU member was charged with larceny after allegedly stealing $10,000 from another member at the credit union’s ATM last Saturday.
April 28 -
FALL RIVER, Mass. – Fall River Municipal CU said Michael Shea, the third generation of his family to serve on the board, has been elected chairman of the panel.
April 28 -
BIRMINGHAM, Ala. – Alabama Telco CU said it raised almost $17,000 for the March of Dimes annual March for Babies Walk.
April 28 -
WARNER ROBINS, Ga. – Robins FCU is partnering with NewTown Macon on a downtown promotion in conjunction with a fiesta-themed First Friday.
April 28 -
CAPITOLA, Calif. – Bay FCU is coordinating an "Extreme Makeover" May 2-3 to make improvements to Camp Harmon, the Easter Seals' summer camp for children and adults with physical and mental disabilities.
April 28 -
BETHLEHEM, Penn. – First Commonwealth FCU celebrated CU Youth Week by offering a drawing for a Wii to members under 18 who opened new accounts.
April 28 -
AURORA, Colo. – Navy FCU continues to speed straight ahead to its record expansion with the opening of its first Colorado branch here May 4.
April 28 -
ATLANTA – Delta Community CU has become the first customer for Wesabe’s Springboard suite of applications, including account management, goal setting/tracking, community forums, widgets, and merchant tips and comparisons.
April 28 -
WARRENVILLE, Ill. – Members United Corporate FCU, struggling with huge losses on its investments, said yesterday it is closing down its Members Health Network CUSO for lack of funding.
April 28 -
WASHINGTON – In a victory for credit unions, the Senate is expected to vote passage tomorrow of a bill helping NCUA and credit unions to finance the costs of the corporate credit union bailout–which is expected to be separated from the so-called cramdown provision that would allow troubled homeowners to ask a bankruptcy court to restructure their mortgage.
April 28 -
MINNEAPOLIS – Fair Isaac & Co., the maker of the ubiquitous FICO credit score, reported a strong fiscal second quarter, with net income surging 31% to $17.7 million for the period, after a restructuring that pared a fourth of its workforce last year.
April 27 -
MILWAUKEE – Metavante Technologies, the back-office service provider for credit unions and banks preparing to be acquired by Fidelity National Services, reported yesterday that first quarter earnings rose 15% to $40.3 million, while revenues advanced by 1% to $426.9 million.
April 27 -
NORMAL, Ill. – In preparation for expanding through a community charter, ISU CU said yesterday it is converting more than 2,000 credit card accounts with balances in excess of $2 million to TNB Card Services.
April 27 -
SUITLAND, Md. – Andrews FCU has launched a new youth program, "Kid$ Boot Camp," during National CU Youth Week.
April 27 -
DALLAS – Southwest Corporate FCU said it has deployed Endpoint Exchange's cost-efficient and low impact implementation service for check image exchange.
April 27