RICHARDSON, Texas – David Addison, the beleaguered president and CEO of Texans CU, resigned this afternoon after almost six years heading the $2 billion credit union.

SPRING HILL, Fla. – A fourth person has been arrested in connection with Christmas Eve hold-up at Tampa Postal FCU that netted the robbers $88,000.

HOUSTON – Three 19-year-old men were charged with two recent robberies at Investex CU when a total of $330,000 was stolen.

STOCKTON, Calif. – Premier Community CU announced yesterday it has named Paul Yang, executive vice president at Arvada, Colorado’s Eagle Legacy CU, as its new president and CEO.

SAN ANTONIO – River City FCU said its long-time president and CEO Watt Prichard is retiring March 31 and will be succeeded by Kim Heinze, who has been interim president of Mobiloil FCU.

MADISON, Wis. – UW CU’s fundraising drive for the University of Wisconsin and Madison Area Technical College raised more than $1.5 million.

BELLINGHAM, Wash. – Whatcom Educational CU donated more than $12,000 to eight local non-profits under its annual Social Responsibility grant program.

MINNEAPOLIS – Teacher FCU has acquired a former Krispy Kreme donut site in nearby Maple Grove where it plans to build a new branch.

WEST CHESTER, Penn. – Keystone FCU opened three student-run branches in local high schools last month.

ALEXANDRIA, Va. – The corporate credit unions have submitted a comprehensive plan to NCUA that would help them to deal with growing losses on their books.

BALTIMORE – Municipal Employees CU members shared $2.1 million last month as the second installment of an annual cash bonus totaling $4.2 million.

SUMTER, S.C. – Members of SAFE FCU will get a bonus tomorrow of $4 million as part of the $540 million credit union’s 12th annual bonus dividend and interest rebate.

ATLANTA – Delta Community CU announced yesterday it paid its members a $5 million patronage dividend as a reward for their loyalty.

WARNER-ROBINS, Ga. – Robins FCU announced Friday it promoted John Rhea, its long-time executive vice president, to the post of president and CEO.

CHICAGO – Eight suspects, including seven employees at a local Wal-Mart store, were charged last week with using credit card accounts at two policemen credit unions to buy at least $150,000 in merchandise.

WASHINGTON – Credit unions will be put on the defensive at today’s opening of the 111th Congress with the introduction of new bills that would allow bankruptcy courts to restructure at-risk mortgages.

WASHINGTON – Rejecting a bid by corporate credit unions and other financial institutions, the Securities and Exchange Commission last week recommended against suspending fair value accounting, which is causing those institutions to report billions of dollars in unrealized losses on underwater assets.

DALLAS – Unrealized losses on the vast securities portfolios of corporate credit unions continue to grow with two more corporates, Southwest Corporate FCU and Corporate One FCU, reporting additional mark-downs for November, and just as important, each deciding to realize some of the growing losses on their books.

CENTRALIA, Wash.–A robber forced a group of tellers into the vault at Twinstar Credit Union’s branch here as part of an early-morning robbery.

BRISTOL, Penn.–NBACU members received more than $350,000 in rebates and bonuses on top of the regularly scheduled $125,000 in 4th quarter dividends.