WASHINGTON – The Federal Reserve announced new initiatives yesterday to pump liquidity into the economy as the financial markets around the world continued to dive again.

WASHINGTON – Federally insured credit unions will not be charged a premium to increase the coverage of the National CU Share Insurance Fund to $250,000 per account, but the confidence-building effort could come at a cost later.

After getting an earful from regulators, two Texas credit unions have agreed to pull advertisements that suggested their deposits would be safer with the credit unions than with banks.

LIVE OAK, Texas – A senior executive with Randolph-Brooks FCU was recognized by President Bush Sunday with the President’s Volunteer Service Award after she raised $217,000 to benefit the Fisher House and Returning Heroes Home for wounded soldiers and their families.

LIVE OAK, Texas – A senior executive with Randolph-Brooks FCU was recognized by President Bush Sunday with the President’s Volunteer Service Award after she raised $217,000 to benefit the Fisher House and Returning Heroes Home for wounded soldiers and their families.

OAKLAND, Calif. – The Center for Community Self-Help, which operates the nation’s leading community development credit union, said last night it has entered the troubled California market with the acquisition of locally based People’s Community Partnership FCU by its newly chartered federal charter, Self-Help FCU.

VANCOUVER, Wash. – A masked man brandishing a gun tried to force his way into the vault at iQ CU yesterday morning after opening, but was foiled by an alert employee.

LOS ALAMOS, N.M. – Zia CU said it has sold its $2 million credit card portfolio and signed an agent issuing contract for its cards program with TNB Card Services.

SCOTTSDALE, Ariz. – TruWest CU announced yesterday it has implemented several Integrated Media Management TotaleAtlas document management systems, including TotaleAtlas, TotaleAtlasWeb, TotaleChecks and TotaleReceipts to replace its paper-based processes.

BALTIMORE – Municipal Employees CU will open its first student-run branch inside National Academy Foundation High School tomorrow.

ERIE, Penn. – Sun East FCU and Erie General Electric FCU partnered to offer attendees of the annual Wine Country Harvest Festival cash access with a mobile branch.

HARRISBURG, Penn. – The Pennsylvania CU Association said yesterday it has agreed to license its popular iBelong branding campaign to the Mississippi CU Association.

NEW ORLEANS – ASI FCU is working with the Jewish Funds for Justice to introduce a microloan program that will invest in small businesses along the Gulf Coast still struggling three years after hurricanes Katrina and Rita.

SEATTLE – Resident were lining up around the corner of Seattle Metropolitan CU’s downtown branch yesterday morning, even before the credit union began videotaping locals as part of a campaign that asked how they would use $10 to help someone else.

WASHINGTON – The Federal Reserve announced a massive infusion of funds into the banking system yesterday, as the financial markets crashed again, sending the Dow Industrials down a record 800 points, before rebounding some to close down 370 points.

DALLAS — At least two Texas credit unions have been taken to task by regulators in recent weeks for running ads that suggest that their deposits are safer than those in local banks.

SAN FRANCISCO – Visa said last week it has configured its VisaNet transaction network to allow users of prepaid cards to add value to the cards at envelope-free ATMs.

McLEAN, Va. – Freddie Mac followed Fannie Mae Friday and announced it is eliminating a so-called adverse market charge it planned to assess on mortgages acquired in distressed housing markets.

JACKSON, Mich. – A former teller and vault clerk for American One FCU pleaded guilty Friday to embezzling $100,000 from the credit union.

CAMP PENDLTEON, Calif. – Pacific Marine CU said it has partnered with Financial Service Centers Cooperative to make a shared mobile branch available to this sprawling military base, which covers roughly 200-square-miles and is home to more than 60,000 military members and their family.