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WINSTON-SALEM, N.C. – Truliant FCU said it awarded 12 scholarships for a total of $15,000 through the Carolinas CU Foundation scholarship program.
April 15 -
LEOMINSTER, Mass. – Leominster CU broke ground this week on a three-story, 28,500 expansion of its headquarters in the downtown.
April 15 -
PANAMA CITY, Fla. – Tyndall FCU said it plans to build two new branches to serve residents of Alabama’s Houston County, after being approved by NCUA to expand its field of membership across the state border.
April 15 -
SAN JOSE, Calif. – Meriwest CU has developed a special program aimed at helping troubled homeowners and other borrowers navigate their way financial restructuring.
April 15 -
PHOENIX – Arizona FCU, which reported a credit union-record $115.9 loss last year, said it plans to shutter two more branches, both of them in Tucson.
April 15 -
CAMBRIDGE, Mass. – Harvard University Employees FCU announced a deal yesterday to provide loans to international graduate and professional students at Harvard University.
April 15 -
ALEXANDRIA, Va. – The NCUA Board is expected next week to extend its temporary guarantee on all corporate credit union deposits beyond the current Dec. 31, 2010 expiration date.
April 15 -
WALL STREET – Moody’s Investors Service yesterday downgraded four corporate credit unions which saw their capital in U.S. Central FCU wiped out by last month’s failure of the central bank for credit unions.
April 14 -
LONGMONT, Colo. – In what may be considered speedy justice, a man who helped in the getaway of a robber at Elevations CU on Feb. 4 was sentenced Friday to three years in prison.
April 14 -
MEMPHIS, Tenn. – Kemba Delta FCU has successfully deployed Banker’s Academy Unlimited for Credit Unions online training suite from Edcomm Banker’s Academy.
April 14 -
FAIRFAX, Va. – Apple FCU opened a new branch, its fourth over the past year, in the Kingstowne section of Alexandria.
April 14 -
WILLISTON, Vt. – New England FCU announced the winners of three $3,000 nursing scholarships.
April 14 -
PHILADELPHIA – Philadelphia FCU said it plans to install Integrated Media Management’s new Universal Document Presentment version of TotaleAtlas document management system.
April 14 -
ATLANTA – Delta Community CU said it has installed Verint Systems’ Nextiva NetDVR II and MicroDVR II data surveillance and capture solutions.
April 14 -
DALLAS – Texans CU, struggling with large losses, announced yesterday that Michael Sauer, who has been serving as interim CEO since January’s departure of David Addison, has been hired as permanent president and CEO of the $1.7 billion credit union.
April 14 -
WASHINGTON – The Community Development Financial Institutions Fund awarded 27 organizations, including three credit unions, almost $2.4 million of technical assistance grants.
April 14 -
FORT WAYNE, Ind. – The former president of General CU was charged this week with creating phony loans that helped him embezzle as much as $1.6 million from the credit union.
April 14 -
ALEXANDRIA, Va. – Members of the NCUA Board have agreed to answer questions from readers of Credit Union Journal on any of the issues facing credit unions.
April 13 -
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.
April 13 -
LEXINGTON, N.C. – Two men were arrested after authorities said they were caught trying to break into an SECU ATM on Sunday morning.
April 13