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MECHANICSBURG, Penn. – One of two men charged last week in an attempted identify theft scam from Members 1st FCU was charged Monday with stealing more than $80,000 from Members 1st in an earlier scheme.
February 25 -
HUDSON, Mass. – St. Mary’s CU has pledged to contribute $30,000 to Marlborough Hospital over the next three years.
February 25 -
WAUKEGAN, Ill. – Consumers CU said it has introduced mobile banking services to its members.
February 25 -
VIENNA, Va. – Navy FCU’s Asset Management LLC CUSO announced yesterday the launch of a new managed account platform with FundQuest, which will provide back-office support for managed account offerings.
February 25 -
GLENDORA, Calif. – Couples who need help covering the cost of an adoption can now turn to America’s Christian CU.
February 25 -
WASHINGTON – The House voted passage yesterday of a spending bill that includes an extension of the $41 billion funding limit for the emergency credit union loan fund, the Central Liquidity Facility, and sent the measure on for likely approval by the Senate.
February 25 -
WASHINGTON–Another sign of changing times: seven long-time, brand-name vendors serving credit unions are missing from CUNA’s GAC trade show this year, with all now operating under the same name: Fiserv. Its seven subsidiary data processors, all acquired over the past two decades but operating under their individual brands, are now part of history: Aftech, USERS, Integrasys, Galaxy, CUSA, Summit, and XP Systems.
February 25 -
VIRGINIA BEACH, Va. – Police have charged a 27-year-old man in connection with three armed robberies of the CU Service Center here over seven weeks.
February 24 -
ROCK ISLAND, Ill. – RIA FCU has opened a branch in the new Hy-Vee grocery store in Moline, Ill.
February 24 -
SAN ANTONIO, Texas – San Antonio FCU has introduced online account opening for members and prospective members.
February 24 -
ANCHORAGE, Alaska -- Denali Alaskan FCU said yesterday it has signed with Fortrex Technologies’ to install the company’s VendorPoint automated vendor management system and privacy compliance technology solution.
February 24 -
TAMPA, Fla. – Suncoast Schools FCU announced yesterday its Suncoast for Kids Foundation has pledged $100,000 to fund a financial assistance program at the career center of D.W. Waters, a high school and middle school in Tampa.
February 24 -
ATLANTA – Georgia’s Own CU said yesterday it has implemented Code Green Networks’ CI-1500 Content Inspection Appliance to protect its network against data loss.
February 24 -
HOUSTON – Cardtronics Inc., which has become the key ATM link for credit unions, reported yesterday its fourth quarter loss surged to $57.9 million, from a $7.4 million loss for the same period in 2007.
February 24 -
WASHINGTON – In a thinly veiled attempt to defuse a withering credit union and bank lobby against legislation to allow homeowners to cramdown their mortgages in bankruptcy court House leaders have combined the cramdown bill with a deposit insurance bill badly wanted by the two lobby groups.
February 24 -
ALEXANDRIA, Va. – Frustrated over the huge cost of the corporate credit union bailout, the board of Pentagon FCU has authorized management of the nation’s third largest credit union to explore conversion to a mutual savings bank.
February 24 -
ALEXANDRIA, Va. – The nation’s credit unions reported a loss for the fourth quarter of 2008–a whopping $2 billion–the first quarterly loss ever for the industry,.
February 24 -
WASHINGTON — CUNA said yesterday the crashing stock markets slammed its investment portfolio last year to push the trade association deeper into the red, to the tune of $8 million.
February 24 -
WASHINGTON – The House is expected to vote on an overall spending bill tomorrow that will include an extension of the funding limit for the emergency credit union loan fund, the Central Liquidity Facility, until Sept. 30.
February 23 -
VERNON HILLS, Ill. – Baxter CU said yesterday it signed a ten-year renewal deal with PSCU Financial Services for single-source processing of signature and PIN debit, as well as credit card processing.
February 23