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TALLAHASSEE, Fla. – A man who drove the getaway car in last February’s armed robbery at Score FCU was sentenced yesterday to ten years behind bars.
April 13 -
TAMPA, Fla. – Suncoast Schools FCU said its Suncoast for Kids Foundation has contributed $100,000 to the University of South Florida Department of Pediatrics to help expand its Ronald McDonald Care Mobile, which provides mobile health care at local schools.
April 13 -
LARGO, Md. – Money One FCU said yesterday it has converted processing for its $8 million cards portfolio to TNB Card Services.
April 13 -
DALLAS – Prestige Community CU, one of the oldest credit unions in Dallas, will dedicate its new 6,700-foot headquarters with a ribbon-cutting ceremony Thursday.
April 13 -
ROME, Ga. – Northwest Georgia CU has appointed Michelle Stricklin its new president and CEO, succeeding Cheryl Huffman, who retired last year after 22 years at the helm of the $47 million credit union.
April 13 -
SALEM, Ore. – Oregon Employees FCU announced the hiring of Kent White, the vice president of marketing at Austin, Texas-based Amplify FCU, as its new president and CEO.
April 13 -
ST. PAUL, Minn. – Hiway FCU, the state’s fifth largest credit union, said it has merged with ailing Fort Snelling FCU, based in Minneapolis.
April 13 -
GAITHERSBURG, Md. – This Washington, D.C., suburb and seven other cities is looking for credit unions and banks to offer unbanked residents lifeline savings accounts as part of a new National League of Cities campaign to encourage low-income families to begin banking with mainstream financial institutions.
April 13 -
ST. PETERSBURG, Fla. – PSCU Financial Services yesterday announced it paid its member credit unions a $45.4 million dividend, fueled by the sale of $35 million of stock the payments processing CUSO held in MasterCard and Visa.
April 13 -
FORT LAUDERDALE, Fla. – CU Business Capital, LLC, a CUSO owned by 25 credit unions, committed $45 million yesterday to funding SBA-backed small business loans, part of an ultimate goal of as much as $100 million.
April 13 -
TONAWANDA, N.Y. – A man dressed as a UPS delivery worker calmly waited in the teller line then robbed the Tonawanda Community FCU around noon Friday.
April 12 -
BREVARD, N.C. – State Employees’ CU has granted a tract of land to the city to help develop the Davidson River Trail – connecting the local community to the Pisgah National Forest.
April 12 -
PORTSMOUTH, N.H. – Service CU has introduced several new features for its Smart Savers kids program.
April 12 -
KIMBERLY, Wis. – Capital CU said it will use a $437,000 settlement as part of a class-action lawsuit to create a $500,000 charitable fund.
April 12 -
ATLANTA – Georgia’s Own CU announced it will be awarding $15,000 in college scholarships this year, up from $10,000 in previous years, as part of a larger initiative aimed at young people to be launched in coming weeks.
April 12 -
ST. JOSEPH, Mich. – United FCU is calling on Generation Yers, those between the ages 18 and 30, to sound off–or rant--on its website about their lack of confidence in the financial system.
April 12 -
DURHAM, N.C. – Self-Help CU, which expanded its reach across the country last fall by acquiring a troubled California credit union as the basis for a federal charter, has applied to state regulators to acquire another California credit union, Community Trust CU, an ailing $40 million credit union based in Modesto.
April 12 -
DALLAS – Credit union CEO confidence continued to plunge this month as CEOs took note of declining fortunes of their credit unions, their members and the economy in general, according to Southwest Corporate FCU.
April 12 -
ALEXANDRIA, Va. – An analysis by NCUA of the investments held by U.S. Central FCU and WesCorp FCU prior to the March 20 takeover of the troubled corporate credit union giants shows a vast exposure to risky subprime, Alt-A and Option ARM mortgage securities held by the two institutions.
April 12 -
ALEXANDRIA, Va. – As a broad consensus is emerging on the need to restructure the corporate credit union network, disagreement is surfacing about who will be responsible for the restructuring; will it be NCUA, or the industry itself, led by CUNA and the leagues.
April 12