BLOOMFIELD HILLS, Mich. – Members of T&C FCU overwhelmingly approved a proposed merger with USA FCU in nearby Auburn Hills, creating the state’s fourth-largest credit union with more than $1.2 billion in assets.

DENVER – Payments processor First Data Corp. yesterday said financing costs for last year’s $27 billion takeover by Kohlberg Kravis Roberts & Co. pushed it into the red to the tune of $160.6 million for the second quarter, compared to a profit of $228.9 million for the same period last year.

WASHINGTON – While fending off attacks by the bankers, CUNA is lobbying the Democratic and Republican conventions to include provisions of its long-sought regulatory relief bill, the CU Regulatory Improvements Act, in their party platforms.

Riverside Federal Credit Union in Buffalo is moving into nearby Amherst for the first time with a deal to purchase a recently closed branch of Greater Buffalo Savings Bank.

WASHINGTON — Bankers are calling on both national parties to include provisions in their platforms that would strengthen the nation's banks and direct credit unions to focus on helping the underserved.

EUGENE, Ore. – Toddlers were able to purchase a make-believe SELCO Community CU debit card, then use it to fill their toy cars with gas, buy stamps at a replica post office, groceries at a play supermarket, an ice cream, or wash their car, then make a deposit at the credit union–all as part of the "Kiddie Grand Prix" exhibition at the annual Lane County Fair yesterday.

JACKSONVILLE, Fla. – Fidelity National Information Services said two more credit unions have signed to convert their core processing system to the company’s MISER platform.

BUFFALO, N.Y. – Riverside FCU said it is branching into nearby Amherst for the first time with a deal to purchase a recently closed branch of Greater Buffalo Savings Bank.

SPRING TOWNSHIP, Penn. – Town supervisors on Monday voted to relocate the township's administrative offices to the Utilities Employees CU building next door.

PORTSMOUTH, N.H. – Service CU announced it will give away $1,000 in home heating oil as part of its Warm-Hearted Energy Savings Program.

SAGINAW, Mich. – Catholic FCU is serving up free scoops of Haagen-Dazs’ new Honey Bee flavor today to celebrate the ice cream maker’s campaign to Save the Honey Bee.

PHILADELPHIA – A 27-year-old woman was charged with using eight different identities in a fraud that targeted nine area institutions, including five credit unions.

PAWTUCKET, R.I. – Elementary students who join Woodlawn FCU today will be allowed to supply their school backpacks for free.

WASHINGTON – The bankers are calling on both national parties to include provisions in their platforms that would strengthen the nation’s banks and, among other things, to direct credit unions to focus on what they say is the credit union mission of serving the underserved.

LOS ANGELES – The leader of a counterfeiting ring that passed as much as $7 million in phony $100 and $20 bills on regional businesses, as well as credit unions and banks, pleaded guilty to federal conspiracy charges this week.

INDIANAPOLIS – The former operations manager and head teller at Health Care Professionals CU were convicted of stealing almost $600,000 from the credit union by crediting their own accounts from general ledger funds.

LONGVIEW, Texas – East Texas Professional CU has signed to convert its card processing to TNB Card Services.

MADISON, Wis. – University of Wisconsin CU yesterday reported it has agreed to move its credit card processing to PSCU Financial Services.

OREM, Utah – Family First FCU yesterday said it has signed with Center 7, Inc., of Salt Lake City, to provide it with data center services.

RALEIGH, N.C. – State Employees CU yesterday announced an extension of its contract with Pendum LLC for cash maintenance at its 800 ATMs.