LENEXA, Kan. – Seven credit unions have joined together to provide private loans to students at 106 IT Technical Institutes in 36 states.

DENVER – Security Service FCU continued to grow its Denver presence with the acquisition of ailing Aurora Catholic FCU.

LANSING, Mich. – State regulators told state chartered credit unions they will not be penalized if their net capital and earnings fall below regulatory standards solely because of costs related to NCUA’s corporate credit union bailout.

ALEXANDRIA, Va. – Costs associated with NCUA’s corporate bailout are wreaking havoc on the first quarter financials of credit unions, pushing many of them into the red for the first time, and wiping out net income for many more.

BISMARCK, N.D. – Vue Community CU has named Patty Mathisen, who has worked with the $30 million credit union, its new president and CEO.

WASHINGTON – Credit union lobbyists were working over the weekend to increase emergency funding for NCUA, just as the number of troubled credit unions is mushrooming, at the same time trying to separate the issue from the so-called cramdown bill which would allow troubled homeowners to ask the bankruptcy courts to restructure their mortgages.

WORCESTER, Mass. – A state judge denied defense motions to dismiss charges and suppress evidence in a 2002 robbery of $210,800 at Wyman-Gordon FCU staged by the office manager and her husband.

KELSO, Wash. -- A man who lined up the employees of Fibre FCU and pepper-sprayed them in the face during a robbery last May was sentenced last week to more than 36 years in prison. After spraying the credit union employees he left the credit union with a bag of cash, then bid two men outside the credit union, "Good day, gentlemen."

HARRISBURG, Penn. – The local board of commissioners voted last week to rezone 47 acres of conservation land here to allow Pennsylvania State Employees CU to build a new headquarters.

BROKEN ARROW, Okla. 00 Western Sun FCU said last week its long-time president Larry Weise is retiring and will be succeeded at the helm of the $100 million credit union by Robert Taylor, its chief financial officer.

CAMP PENDLETON, Calif. – Pacific Marine CU is opening a full-service, mobile banking branch to support service personnel and families throughout Marine Corps Base Camp Pendleton.

PORTSMOUTH, N.H. – Service CU has introduced WebDeposit24, which allows members to make check deposits from the comfort of their home.

WASHINGTON – The FDIC shut down two more banks Friday, raising the number of failures this year to 25, as many as in all of last year.

ALEXANDRIA, Va. – NCUA reported Friday it approved 25 mergers last month, 20 of them involving one or more credit unions struggling with losses or other financial problems.

SAN DIEGO – North Island CU, which reported a $50.2 million loss for 2008, announced plans last week to close three branches and lay-off the employees at those facilities.

ALEXANDRIA, Va. – NCUA's corporate assessment was booked by most credit unions in the first quarter of 2009, and its effect can be seen in the March 30 call report data, with many credit unions reporting losses as a result.

Federation Urges Quick Action For CDCUs

CUDAHY, Wis.-The former president of Prime Financial CU, taken over by state regulators in February, is seeking almost $3 million from Guardian CU for breach of contract related to the failed merger of the two institutions.

Survey: 75% Of CUs Favor Limits On Capital Investors

ALEXANDRIA, Va. — NCUA Chairman Michael Fryzel is calling on credit unions to get behind its legislative plan to replenish the National Credit Union Share Insurance Fund (NCUSIF) over time.