PURCHASE, N.Y. – Quorum FCU said it has converted its 23,850 electronic banking accounts to the PSCU Financial Services platform.

LOWELL, Mass. – Jeanne D’Arc CU said it has chosen ten-year-old Vasiliki Baoutis winner of its annual Project Lemonade Stand.

BELMONT, N.C. – A 79-year-old woman was literally scared to death Friday when a suspect in the failed armed robbery of Fort Financial CU in nearby Gastonia tried to hide out in her home after fleeing the credit union.

WASHINGTON – NAFCU said it has rebuffed CUNA’s latest merger overture, saying it has no interest in combining the two credit union trade groups.

DALLAS – The corporate credit union network, already holding billions of dollars of distressed mortgage backed securities, was working last week to determine potential losses related to its ties with Lehman Brothers Holdings, the venerable Wall Street brokerage that filed for bankruptcy two weeks ago.

WASHINGTON – The Senate on Saturday approved a stop-gap funding bill for the federal government which includes new borrowing authority for the Central Liquidity Facility, the emergency loan fund operated by NCUA.

WASHINGTON – Congressional leaders came to agreement last night on the Bush administration’s massive bailout package which would have the U.S. Treasury buy up as much as $700 billion in toxic mortgages and mortgage securities, and sent the proposal on for a vote by the House and the Senate as soon as today.

WASHINGTON - Bush administration officials crafting the massive government bailout of the mortgage markets made clear last week that credit unions will be included in the program.

Texans Loses Wrongful Termination Lawsuit

With the decline in mortgage rates, we expect:

WASHINGTON - Corporate CUs were weighing the pros and cons last week of the massive government bailout of the mortgages markets, which would ease some of the strain of growing losses on their mortgage securities portfolios.

WEST PALM BEACH, Fla. - No matter the fate or final form of the federal financial bailout plan, it will affect how a CU needs to be managed.

MINNEAPOLIS - Credit union executives are being urged to take a long, deep look at how they are managing risk.

BURLINGTON, Vt. - Credit unions are having an increasingly rough time collecting on loans, thanks to the effects the current economy is placing on its members.

ORLANDO, Fla. - At McCoy FCU two weeks ago, a member of long standing with a mortgage and two car loans walked into the credit union and handed over the keys to one of the cars, because she was no longer able to make the payments on both her and her husband's cars.

LAKE JACKSON, Texas - Texas Dow Employees CU has taken down a website that aggressively spoke to the bank failures and other problems in the financial markets.

PITTSFIELD, Mass. - There is no secret to being ranked as one of the best credit unions in the United States-just stick to the movement's core values and take a good long look at your operating costs and efficiencies, according to one top-ranked CU.

PSCU, Digital Dialogue Offer Disaster Aid

Synergent Helps Protect Children

HOLLYWOOD, Calif. - In filming a segment for her nationally syndicated talk show, Ellen DeGeners stopped into the branch of First Entertainment FCU located on the Warner Bros. Studio lot. In moving to a new studio for the show as it enters its sixth season and is broadcast in high definition for the first time, DeGeneres took a camera crew along with her as she toured her new neighbors on the WB lot. In addition to the credit union, she also stopped by Clint Eastwood's bungalow and George Clooney's office.(c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved.http://www.cujournal.com/ http://www.sourcemedia.com/