NEW YORK – Banking giant Deutsche Bank has agreed to contribute $1 million to the National Federation of CDCUs Community Development Investment Program which provides below-market non-member deposits to CDCUs.

SAN FRANCISCO --Patelco CU said it is closing four branches, the latest credit union to contract in the midst of the troubled economy.

WASHINGTON – The credit union lobby continued yesterday to fight the bill to give bankruptcy courts authority over mortgages, rejecting a compromise that would ease the measure, even as the bill comes to a vote before the House as soon as this afternoon.

SPOKANE, Wash.– The Evergreen State’s credit unions hope to convince consumers their credit unions are the safe place to stow their savings during these hard times with a new multi-media ad campaign tagged ‘Financial Chaos-Free Moments’.

SAN FRANCISCO – Two men pleaded guilty last week to robbing Pacific Postal CU of more than $76,000 last August with the help of one of the suspect’s niece, who had worked at the credit union.

RANCHO CUCAMONGA, Calif. – CU Direct Corp., which operates CU Direct Lending, said it has signed with Wolters Kluwer Financial Services to offer the company’s indirect lending and credit union-specific solutions to its nationwide lending network of credit union and auto dealer clients.

PHOENIX – Desert Schools FCU said yesterday its annual golf tournament this week raised $230,000 to benefit Phoenix Children's Hospital and the Children's Miracle Network -- a $10,000 increase over last year.

SPOKANE, Wash. – Union CU, known till last year as Inland Empire Trades CU, is branching out to the Tri-Cities area with a new branch in Kennewick.

ALBANY, Ore. – Red Canoe CU tore apart the Cash King payday loan store–literally.

WINSTON-SALEM, N.C. – Piedmont Aviation CU changed its name this week to Piedmont Advantage CU and launched a new marketing campaign to go along with new signage.

GLENDALE, Calif. – After expressing initial defiance, Glendale Area Schools FCU has agreed to an NCUA request to remove a controversial web ad that suggested its deposits are safer than area banks and competing credit unions.

FLAGSTAFF, Ariz.– Arizona State CU said it is providing construction loans to Hope Construction, Flagstaff's first solar-powered multi-family housing development – described as "the green standard" for eco-friendly residential planning and construction.

TAMPA, Fla. – The chief executives of Suncoast Schools FCU and GTE FCU yesterday rejected the notion the proposed merger between the state’s largest and fourth largest credit unions was forced by hard times experienced by the two, and insisted the two have flirted for some time.

Frustrated over the huge cost of the corporate credit union bailout, the nation's third-largest credit union is considering whether to convert to a mutual savings bank.

In what would be the biggest merger ever of two credit unions, Suncoast Schools Federal Credit Union has agreed to combine with GTE Federal Credit Union.

TAMPA, Fla. — In the biggest merger ever of two credit unions, Suncoast Schools FCU, Florida's largest credit union saddled with big losses, has agreed to combine with GTE FCU, also with large losses.

LENEXA, Kan. – U.S. Central FCU reported yesterday its deposit base shrunk by almost $2.5 billion, or 12%, in January, when the central bank for credit unions reported its huge $1.1 billion loss for 2008 would require a cash infusion from NCUA.

ALEXANDRIA, Va. – At least four corporate credit unions appear to have decided against participating in NCUA’s new expanded guarantee program that requires corporates sign a supervisory agreement with NCUA, a Letter of Understanding, in exchange for coverage of all deposits by the National CU Share Insurance Fund.

BOWIE, Md. – NASA FCU has expanded it operations into northern Virginia with a new branch, marking its third branch opening in the past six months.

VIENNA, Va. – Navy FCU announced it has signed with Jobs2Web to implement the company’s Web 2.0 technology for hiring.