RESTON, Va. – Student loan giant Sallie Mae said yesterday it lost $216 million in the fourth quarter, to record a $213 million loss for the year.

COLUMBUS, Ohio – Corporate One FCU has contracted with CheckFree to implement the company’s Advantage Fee to provided it with automated fee billing services.

MECHANICSBURG, Penn. – Members 1st FCU agreed to help start up a small business loan fund for the county with a pledge of $20,000.

EAU CLAIRE, Wis. – Royal CU has contracted with iPay Technologies to provide its 113,000 members with bill-payment and small-business products.

DALLAS -- Advancial FCU announced it has agreed to implement Dynamic Card Solutions’ patented CardWizard software and FCP 20/20 flat card printer in 12 branch locations – enabling the secure instant issuance of unembossed Visa debit cards.

SAN DIEGO – San Diego County CU said yesterday it is providing its members with customized payment cards using technology provided by Serverside Group.

RYE, N.Y. – USAlliance FCU said yesterday it has signed with Open Solutions to implement the company’s The Complete Credit Union Solution DNA core processing system.

WEST MIFFLIN, Penn.–Twelve employees of United Community FCU have voted to drop their representation by a labor union, the Teamsters Local 249.

WASHINGTON – Chances of legislation to facilitate capital infusions into troubled credit unions through the Treasury Department's Troubled Asset Relief Program were diminishing yesterday, even as the House was voting to pass a bill that would enable credit unions to count TARP cash as net worth, or capital.

ALEXANDRIA, Va. – NCUA weighed in on a director dispute last week, ruling after the director was removed by a vote of the board that only membership can remove a director by a special vote.

SAN BERNARDINO, Calif. – Even though the state’s recession has been going for as long as two years, some large credit unions that had been unscathed are starting to report big losses.

PHOENIX – Large credit unions are reporting losses–big losses–for the first time, as the recession spreads through Arizona’s credit unions.

TAMPA, Fla. – The recession isn’t expected to fade soon, at least not among executives at the dozens of area credit unions reporting large losses for the fourth quarter and all of fiscal 2008.

Deteriorating real estate conditions in the Sun Belt are leading to record losses at some of the nation's largest credit unions.

SALT LAKE CITY – Behive CU announced yesterday it is abandoning its long-fought effort to convert to a mutual savings bank, even though 54% of voting members approved the switch a year ago.

GRAND RAPIDS, Mich. – CU*Answers, a CUSO that provides a variety of technology and other solutions, said it is paying a $400,000 patronage dividend to its credit union owners, double last year’s payout.

EL PASO, Texas – El Paso Employees FCU said it will honor 20 students attending the University of Texas at El Paso with a $1,500 scholarship.

ARLINGTON, Texas – Security One FCU said yesterday it has converted its signature debit and credit card processing to TNB Card Services.

NEW HARTFORD, N.Y. — GPO FCU paid its members a year-end dividend bonus and interest rebate.

CORPUS CHRISTI, Texas – Navy Army FCU has contributed $10,000 to the Texas State Aquarium.