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WASHINGTON — Regulators and lobbyists are racing to get a renewal of the temporary increase in an emergency loan fund for credit unions.
February 19 -
SAN JOSE, Calif. – Police are hunting for a man they say robbed three area credit unions and a retail business since October.
February 18 -
TULSA, Okla. – NCUA said it has approved a request for Tulsa Federal Employees CU to convert to a federal charter.
February 18 - Texas
GALENA PARK, Texas – Thomas McCullough, a retired educator who was there at the onset of United Community CU, announced his retirement after 40 years on the board.
February 18 -
CALUMET CITY, Ill. – Illiana Financial CU said it plans to introduce electronic banking, bill payment and mobile financial services in June through PM Systems Corp.
February 18 -
RIVERSIDE, Calif. – A man who disguised himself in bandages and a neck brace in a series of credit union and bank robberies in Riverside County may be under arrest, police announced yesterday.
February 18 -
SAN DIMAS, Calif.– Financial Service Centers Cooperative said yesterday it will pay a $1.1-million patronage refund to credit unions participating in its shared branch network for transactions performed during 2008.
February 18 -
PINE BROOK, N.J. – CU National Mortgage, the credit union subsidiary of U.S. Mortgage Corp., announced last week it is closing.
February 18 -
MADISON, Wis. – CUNA Mutual Group announced yesterday it will be offering Commercial Foreclosure Property and Liability insurance policy for credit unions’ member business loans through a partnership with Lee & Mason Financial Services.
February 18 -
NORWALK, Conn. – The Financial Accounting Standards Board, inundated with calls to reform its market value accounting rules, agreed yesterday to review its rule for determining the market value of assets in an illiquid market.
February 18 -
MESA, Ariz. – It took 26 years, but Kennewick, Wash., detectives believe they found their prey, a former credit union worker charged with absconding with $106,000 theft way back in 1983.
February 18 -
VIRGINIA BEACH, Va. – A man who held up Virginia Beach School CU armed with a semi-automatic weapon in the summer of 2006 and made off with $13,000 was sentenced yesterday to 38 years in federal prison.
February 17 -
HERMOSA BEACH, Calif. – Eeminder Inc. said it is now offering credit union customers of Open Solutions and Summit electronic notices to replace paper notices.
February 17 -
CONCORD, N.C. – Southern Select Community CU has opened a new branch inside a Call FCU branch here. The new branch is in the Concord Shopping Parkade.
February 17 -
VIENNA, Va. – Navy FCU said yesterday it is setting aside $3.5 billion for loans which can be used to finance a new or used car purchase from any automaker.
February 17 -
EUGENE, Ore. – SELCO Community CU has deployed Q1 Labs’ new QRadar 6.2 network security management solution.
February 17 -
BETHPAGE, N.Y. – Bethpage FCU announced it is implementing Verint Systems’ Impact 360 for Retail Financial Services Workforce Management solution – which includes forecasting, scheduling and strategic planning functionality.
February 17 -
WINSTON-SALEM, N.C. – Truliant FCU said it has purchased Financial Industry Computer Systems’ residential loan origination system, Loan Producer to replace its existing loan origination system.
February 17 -
DANVILLE, Va. – Piedmont CU announced yesterday it has contracted with IDTELi to provide it with the company’s GUARDEDID keylogging protection for the credit union’s internal computers.
February 17 -
WASHINGTON – CUNA is lobbying policymakers for some kind of relief from fair value accounting rules, which have been cited by many as one of the major causes of the current financial crisis.
February 17