GLENDALE, Ariz. – Credit Union West has acquired a local office building, known as The Technology Center, from a private trust for $3.6 million, or about $100 per square foot.

LYNN, Mass. – Lynn Teachers CU has obtained approval to move out of its tiny offices in the local junior/senior high school into new offices in the vocational and technical annex.

PALO ALTO, Calif. – Addison Avenue FCU said yesterday it has implemented Websense Inc.’s Web 2.0 security and data loss prevention solution.

TOTOWA, N.J. – North Jersey FCU announced yesterday it has selected Dynamic Marketing Systems’ Micro Merchant to provide it with Internet-based marketing services.

WASHINGTON – For the second time this week, a representative of leading community development credit union Self-Help CU called on lawmakers to amend the bankruptcy laws to allow troubled homeowners to ask the courts to restructure their mortgages.

HARTFORD, Conn. – Eleven credit unions have agreed so far to join a new student loan program launched by credit unions in partnership with Gov. Jodi Rell, the Governor’s office said yesterday.

NEW YORK – The National Federation of CDCUs joined the Community Development Financial Institutions Coalition yesterday in urging the Treasury Department to set aside $1 billion for cash infusions into CDFIs.

WASHINGTON — NCUA Chairman Michael Fryzel expanded efforts at a credit union relief package today by calling on Congress to secure funds from the Treasury’s Troubled Asset Relief Program to finance a credit union-only purchase of distressed mortgage assets.

WASHINGTON – NCUA Chairman Michael Fryzel expanded efforts at a credit union relief package today by calling on Congress to secure funds from the Treasury’s Troubled Asset Relief Program to finance a credit union-only purchase of distressed mortgage assets.

WASHINGTON – NCUA Chairman Michael Fryzel expanded efforts at a credit union relief package today by calling on Congress to secure funds from the Treasury’s Troubled Asset Relief Program to finance a credit union-only purchase of distressed mortgage assets.

TANGELO PARK, Fla. – Orange County deputies arrested a third brother yesterday in connection with last year’s armed robbery at Insight Financial CU.

ATLANTA – Financial consultants LEVEL5 has introduced a new diagnostic tool for financial institutions that compiles and analyzes market data, including trend analysis and forecasting, to help financial institutions make strategic decisions about geographic expansion and which business lines will be most advantageous in new markets.

SECAUCUS, N.J. -- NYCE announced yesterday it has signed a contract with Verient to conduct a pilot of NYCE's SafeDebit, an e-commerce payment solution that will enable online shoppers to make purchases on the Internet without sharing their PIN or account information at the merchant's Web site.

VERMILLION, S.D. – Officials at tiny Vermillion FCU warned members yesterday that computer-generated calling scams, suspected to be coming out of Romania are asking area residents to compromise credit union account information this morning.

SAN DIEGO – San Diego County CU said yesterday it has signed with Firethorn to begin offering the company’s mobile banking application in early 2009.

BURLINGTON, N.C. – Proponent FCU broke ground yesterday on a new 16,000 square-foot project that will serve as a North Carolina hub and a full-time branch for the New Jersey-based credit union.

WASHINGTON – The Senate Judiciary Committee will take another crack during a hearing today at opening up the bankruptcy process to troubled homeowners, but the long-shot bid has an outside shot of passage in the so-called lame duck session of Congress because it is attached to legislation that would set some standards for the massive banking bailout.

HARTFORD, Conn. – More than a dozen credit unions have agreed to participate in a new program that will provide up to $17.5 million in low-rate student loans.

WASHINGTON – The NCUA Board is expected to vote as soon as next month on a plan to offer $2 billion in low-cost funds to credit unions through its emergency loan fund, the Central Liquidity Facility, in order to facilitate the refinancing of at-risk mortgages.

ALEXANDRIA, Va. – NCUA announced an initiative today that could help refinance billions of dollars of at-risk mortgages by funneling new loans through the emergency lender, the Central Liquidity Facility.