SALT LAKE CITY – Losses are starting to spread to credit unions on otherwise healthy market, with several Utah credit unions, including the state’s second largest, Mountain America CU, reported a whopping $22.2 million loss for the third quarter.

DENVER – Bellco CU, the state’s second largest credit union, announced yesterday is has agreed to acquire Great American Community CU, an ailing $22 million credit union in Grand Junction.

ALEXANDRIA, Va. – With losses growing among the corporate network, NCUA moved aside the director of its Office of Corporate CUs Friday.

FRANKFURT, Ky. – State chartered credit unions were dealt a blow last week when the Kentucky Court of Appeals ruled that state law does not allow for geographic fields of membership, jeopardizing community charters already granted at least six state credit unions.

WILKES BARRE, Penn. – Thousands of voters in Pennsylvania’s 11th Congressional District were receiving mailings up until yesterday endorsing Rep. Paul Kanjorski, courtesy of the Pennsylvania CU Association, while dozens of credit union workers were calling households and knocking on doors in a final effort to boost the beleaguered incumbent to a 13th term on election day.

NILES, Mich. – Two young robbers pleaded guilty Friday to charges related to last January’s hold-up at Berrien Teacher’s CU, during which a third accomplice was shot to death by an armed guard.

HUNTSVILLE, Ala. – Redstone FCU said a long-time member has won the credit union’s 300,000 member celebration trip giveaway which includes an all-expenses-paid trip to New Hampshire to visit for him and his wife to America’s CU Museum, then a three-night stay at the nearby luxurious Wentworth by the Sea Hotel and Spa, airfare, ground transportation, and a $500 VISA gift card.

HONOLULU – Hawaii State FCU said last week it plans to open two new service facilities by the end of the year, including its first Neighbor Island branch.

HONOLULU – Aloha Pacific FCU has expanded its KalaRewards Checking program to business members.

ATLANTA – In an effort to attract new savings, Delta Community CU said last week it is offering a 12-month CD at 4.50%.

RACINE, Wis. – Educators CU was ordered to divest its auto sales business over the next 18 months under an agreement reached between the credit union and a state regulator.

MILLVILLE, N.J. – Thunderbolt Area FCU said last week they have agreed to acquire TD Banknorth’s branch located at the main entrance to Millville Airport.

GROTON, Conn. – Charter Oak FCU announced last week it is offering up to $3 million in discounted mortgages to those living in the Norwich area to help stimulate the local housing market.

SAN DIMAS, Calif. – WesCorp FCU on Friday became the third corporate credit union over the past two weeks to take a charge for exposure to Lehman Brothers Holdings, after the brokerage filed for bankruptcy last month.

WEST PALM BEACH, Fla. – Readers looking to offer their own point of view and maybe even blow off a little steam on items being reported in Credit Union Journal and elsewhere can now do so on the CUJ’s new blog at www.CUSoapbox.com.

MANCHESTER, N.H.-CU Journal is joining with St. Mary's Bank and CO-OP Financial Services, to recreate the first credit union transaction 100 years later. "Nov. 24, 1908 is a special day for St. Mary's Bank, one we're proud to reenact for all to enjoy," said Ronald J. Rioux, CEO of St. Mary's Bank. "But we recognize and appreciate that the history we will be recreating belongs not just to St. Mary's Bank, but to every credit union in America."

Boeing Wichita CU Names Corwin As CEO

SAN ANTONIO-The Alamo Chapter of CUs sponsored a townhall-style Financial Forum on a local television station giving views the opportunity to ask financial experts questions about their financial concerns.

WINSTON-SALEM, N.C.-Truliant Federal Credit Union is trying to get the attention of members of Congress with a video comprised of testimonials from three of the CU's members who live in Congressman Mel Watt's district.

NCUA Predicts Its 2009 Spending Up By 15%