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WINSTON-SALEM, N.C. – Truliant FCU said its first annual charity motorcycle Ride to Relay raised more than $20,000 for the American Cancer Society.
June 5 -
BOSTON – Telephone Workers’ CU became the latest Telco credit union to de-emphasize its roots, changing its name to Liberty Bay CU.
June 5 -
TEMPE, Ariz. – Tempe Schools CU yesterday said its board has named its chief financial officer, Margaret Hunnicutt, as its new president and CEO.
June 5 -
TUSCALOOSA, Ala. – Alabama CU said it has doubled its membership growth to 400 a month since last year’s introduction of a clear ATM/check card.
June 5 -
FLINT, Mich. – In another large merger, Security FCU yesterday said it has agreed to merge with nearby Lapeer County Community CU, creating one of the largest credit unions in the region with $350 million in assets and 60,000 members.
June 5 -
MESA, Ariz. – A local man, an illegal immigrant, was arrested for allegedly buying three houses and two vehicles with loans for $787,000 obtained from a stolen Social Security number.
June 5 -
WASHINGTON – A bill introduced in the Senate would give retailers immunity from antitrust laws to allow them to negotiate bilateral agreements with credit card companies on interchange fees, setting up a federal panel to oversee the negotiating process.
June 5 -
McLEAN, Va. – Short-term mortgage rates declined markedly this week, while long-term rates held at three-month highs, according to Freddie Mac.
June 5 -
WASHINGTON – Mortgage losses continued to rise among credit unions in the first quarter, with home equity lines of credit emerging as one of the biggest trouble spots, NCUA Chairman JoAnn Johnson told Congress yesterday.
June 5 -
The news brief about Troy Stang becoming the head of the Oregon league incorrectly stated that Stang once worked for Hmong FCU in St. Paul, Minn. He worked for Hiway FCU in St. Paul, Minn.
June 5 -
ATLANTA – S1 Corp. yesterday said it has teamed with Clickatell to provide on-demand, text-based mobile services through the S1 Enterprise and Postilion Internet Banking solutions.
June 4 -
DEPTFORD, N.J. – South Jersey FCU said it has agreed to endow $75,000 over the next 10 years to the Parada San Juan Bautista scholarship fund in nearby Camden.
June 4 -
DENVER – White Crown FCU yesterday announced it has hired Kerry Spradling, an executive with 17 years of credit union experience, as its new president and CEO.
June 4 -
PORTSMOUTH, N.H. – Service CU said it is increasing its support to New Hampshire chapters of the Air Force Sergeants Association and the Air Force Association with a $10,000 donation, making the credit union the largest contributor to the U.S. Air Force memorial with a total contribution of $30,000.
June 4 -
OAKLAND, Calif. – Chevron FCU yesterday said it has joined the Allpoint ATM network of 50,000 surcharge-free ATMs nationwide.
June 4 -
PASADENA, Calif. – Wescom CU said 2,500 of its members already have created their own personalized credit cards in the first two months of its “AllAboutMe” custom cards program.
June 4 -
SAN DIMAS, Calif. – WesCorp FCU yesterday said it has signed with Satmetrix, co-developer of the Net Promoter customer loyalty system, to develop a loyalty program aimed at its 1,000 credit union members.
June 4 -
NEW YORK – The CheckImage Collaborative yesterday announced it has created a Universal Companion Document, which establishes a uniform industry approach for populating and validating check image files.
June 4 -
TUCSON, Ariz. – The head of a ring that manufactured phony credit and debit cards to drain accounts at credit unions and banks was sentenced to more than five years behind bars Monday.
June 4 -
PORTLAND, Maine – In one of the largest efforts of its kind, CUNA has spent almost $113,000 over the past five days on independent mailings on behalf of Democrat Adam Cote, an Iraq war hero running in next week’s Democratic primary for Maine’s 1st District House seat.
June 4