BILOXI, Miss. – A former director of Biloxi Municipal CU was sentenced Tuesday to four years in prison for embezzling about $140,000 from the credit union over several years.

KENSINGTON, Md. – Lafayette FCU said yesterday it has signed with CU Business Capital LLC and Postilion to provide it with online member business services.

THORNDALE, Penn. – Citadel FCU, which opened a fund last month to help victims of a recent arson spree, has boosted the fund with a donation of $20,000.

NEW ORLEANS – LA DOTD said it’s latest in-school credit union project, which will ne known as Hornet’s Nest CU, opened yesterday in Scotlandville Magnet High School.

APPLE VALLEY, Minn. – Wings Financial FCU, the $2 billion airline industry credit union, announced the opening of its 19th branch in the suburb of Edina will occur next month.

DAYTON, Ohio – Wright-Patt CU is sponsoring a four-day home show that will focus on remodeling.

NASHVILLE, Tenn. – A former worker at Nashville Post Office CU pleaded guilty yesterday to draining $481,500 from member accounts, most of them seniors, through a fraud scheme.

MILWAUKEE – A suit filed this week by the credit union owners of Central States Mortgage Co. against the founders of the company, one of the state’s largest mortgage lenders, illustrates some of the perils of the additional roles corporate credit unions have taken on in recent years as they sought new sources of income.

WASHINGTON – A key House panel endorsed a bill yesterday that would stretch out the $5 billion deposit insurance premium credit unions will be charged to pay for the rescue of the corporate credit union network to as long as five years.

WASHINGTON – The House Financial Services Committee today approved a bill that will allow NCUA to stretch out the $5 billion payment assessed to rescue corporate credit unions over five years.

WASHINGTON – The House Financial Services Committee today approved a bill that will allow NCUA to stretch out the $5 billion payment assessed to rescue corporate credit unions over five years.

WASHINGTON – The House Financial Institutions Committee has agreed to vote this afternoon on a proposal that would allow federally insured credit unions to pay the crushing $5 billion premium charge to rescue the corporate credit union network over as many as five years, instead of in one gulp.

WASHINGTON – The House Financial Institutions Committee has agreed to vote this afternoon on a proposal that would allow federally insured credit unions to pay the crushing $5 billion premium charge to rescue the corporate credit union network over as many as five years, instead of in one gulp.

MONETT, Mo. – Jack Henry & Associates yesterday reported a 4% decline in its fiscal second quarter earnings, to $28 million, or 33 cents a share, fueled by a 1% drop in revenues, to $190.2 million.

BROOKFIELD, Wis. – Back office service provider Fiserv reported yesterday that net income for its fourth quarter declined 35% to $62 million, or 39 cents a share, mainly because of a 20-cents-a-share charge for the sale of the remaining stake in its Fiserv Insurance operations.

NORFOLK, Va. – A former patient registrar at a local hospital was sentenced to a year and a day in prison yesterday for stealing the personal information of patients and using it to obtain more than $134,000 in fraudulent car loans from Navy FCU.

AUGUSTA, Me. Maine State CU said it will be awarding $1,000 college scholarships to 20 Maine high school students.

FORT WORTH, Texas – American Airlines FCU said it has deployed Array Networks’ load balancing and SSL acceleration solution.

DENVER – Bellco CU announced the appointment of GroundFloor Media, as local public relations company, to manage its community relations efforts.

ROCKVILLE, Md. – The National Institutes of Health FCU announced yesterday it has hired Juli Anne Callis as president and CEO, succeeding Lindsay Alexander, who retired in December after 20 years at the helm of the $450 million Washington-area credit union.