HAMILTON, Ohio – A former loan officer for Chaco CU last week was arrested and charged with stealing $30,000 from the credit union.

RICHMOND, Ind. – NCUA on Friday said it has granted a TIP (for trade, industry or professional) charter to Health Care Professionals FCU, a $17 million credit union here.

SEATTLE – Watermark CU is busy this summer moving its operations into a new headquarters – 40,000 square feet in the renovated Rolfe Building downtown.

MADISON, Wis. – Summit CU, which has become the biggest credit union in Wisconsin after its recent merger, on Friday said it has chosen Tfactor’s KnowledgePortal360 as its online training platform, as it moves to integrate the staff from Great Wisconsin CU.

METAIRIE, La. – Post Office Employees’ CU on Friday said it has signed with SEDONA Corp. to implement the company’s Intarsia member relationship management tool.

WEST PALM BEACH, Fla. – Credit Union Journal has just a few slots remaining to participate in its 2008 "Day in the Life" Project, one of the most popular features to appear each year.

BLOOMINGTON, Ill. – CEFCU has filed for foreclosure in state court on a $6 million member business loan it made as part of a downtown condominium development.

McLEAN, Va. – Home loan rates declined last week, as investors speculated that the Federal Reserve will hold the benchmark short-term rate steady.

ALEXANDRIA, Va. – NCUA on Friday said it approved another 19 mergers, at least a dozen of which will eliminate troubled credit unions.

NEWPORT NEWS, Va. – The widow of a naval officer who was murdered while making a nighttime withdrawal at a Langley FCU ATM on Friday pleaded guilty to hiring two men to kill her husband.

WASHINGTON - In a temporary truce, credit unions and banks joined last week in a withering lobbying effort that effectively killed a bill aimed at lowering credit card interchange fees.

SAN DIEGO - Credit unions that have long been strong CAMEL 1 and CAMEL 2 operations could see downgrades during the rest of the year, according to a supervisory examiner with NCUA.

SPRINGFIELD, Mass. - A federal judge ruled that Carol Aranjo, former president of now-defunct D. Edward Wells FCU, could receive more than 12 years in prison on Sept. 15–the day she is scheduled to be sentenced for embezzling $1.5 million from the one-time prominent community development CU.

WINDSOR, Ontario - You’re the short, blue alien with two long antennae, trying to hover your way across town to the credit union, where you’ll deposit the coins you grab on your journey.

WASHINGTON - Shares in Fannie Mae and Freddie Mac gyrated last week after the government proposed measures that would transform the traditional implicit guarantee of the two mortgage giants into an explicit one.

PASADENA, Calif. - In the wake of the IndyMac Bancorp failure credit unions across the country have been taking steps to reassure members about the safety of their deposits and the National CU Share Insurance Fund.

CRANSTON R.I. – Coastway CU, the fourth oldest credit union in the nation, told its members today it is proposing to convert to a mutual savings bank.

PESCU Wins Appeal Against B.J.’s, Fifth Third

FAIRHAVEN, Mass. - First Citizens FCU said it has joined other credit unions and banks in a new state-backed program to provide subsidized mortgages to military veterans.

RICHARDSON, Texas - Texans CU has launched a new CUSO that will provide advice on risk management and fraud protection, operations, and consulting services.