LENEXA, Kan. – Corporate credit unions are reviewing the Treasury’s Troubled Asset Rescue Program which will buy up underwater mortgage backed securities, but the provisions of the program may be a deterrent because it could require the corporates to lock in billions of dollars in losses that are so far unrealized.

PHILADELPHIA – A dozen area credit unions have joined banks and thrifts in a new program, called Bank on Philadelphia, to recruit unbanked people and get them to join a depository institution.

PHILADELPHIA – Philadelphia FCU is showing its support of the hometown Phillies in baseball’s World Series with a "bump-up" CD special paying a minimum of 3.25% for 12 months.

DENVER – Police are crediting last month’s struggle between a robbery suspect and the president of Provenant FCU during the robber’s third visit to the credit union with the capture of the bandit, who is believed to have hit as many as 14 area credit unions and banks since June.

COLORADO SPRINGS, Colo. – A security guard inside the One Thirteen CU fired at four masked suspected robbers yesterday morning after they drove into the parking lot and got out of their car armed with at least one rifle.

COLUMBUS, Ohio – Members First CU announced its second annual financial literacy program with the TriVillage Mentor League, an independently-funded partner of Big Brothers Big Sisters of Central Ohio, for a six-month program during the 2008-2009 school year.

TEXARKANA, Texas – School officials on Tuesday approved a proposal from Red River FCU to develop in an-school branch at Texas High School.

CLYDE, Ohio -- Clyde Findlay Area CU said it has signed with local officials to coordinate the School Banking program for another year for area elementary students.

ONTARIO, Calif. – CO-OP Financial Services announced yesterday it has signed with mFoundry to provide mobile banking services to credit unions.

WARMINSTER, Penn.Freedom Credit Union is among the credit unions in this city and the Tampa Bay area celebrating their home team's appearance in the World Series.

WARREN, Mich. – A state court on Tuesday awarded $360,000 to a Michigan First CU, which had accused a local auto dealership of falsifying documents to secure loans for subprime customers who then defaulted.

WILKES BARRE, Penn. – Credit unions have joined the banks and other powerful financial industry groups to help save 12-term Rep. Paul Kanjorski, the congressional credit union champion.

RESTON, Va. – Sallie Mae, a key provider of liquidity for the student loan market, reported a third quarter loss of $159 million yesterday, as strains on the credit markets pushed its funding costs higher.

LENEXA, Kan. – U.S. Central FCU reported yesterday its securities portfolio took a beating over the past month, declining in value by another $700 million, increasing the corporate credit union’s unrealized losses to $3.8 billion at September 30.

ALEXANDRIA, Va. – Demand at NCUA’s emergency loan fund, the Central Liquidity Facility, rose to a new high this week, as the turmoil in the credit markets continued to take its toll on liquidity among credit unions.

FITCHBURG, Mass. – Workers’ CU said it has introduced an Internet-only savings account.

SAN ANTONIO – Randolph-Brooks FCU announced the opening of a new branch in the community of Bulverde, at Bulverde Crossing.

SOUTH BEND, Ind. – CommunityWide FCU, broke ground Monday on a new branch for Plymouth, its second new branch being built.

SAN ANTONIO – Air Force FCU said its member contact center is now open around the clock, seven days a week.

APPLETON, Wis. – Prospera CU announced yesterday it now offering its award-winning GoodMoney payday loan as a turnkey solution to credit unions nationwide.