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WASHINGTON – Senate leaders are discussing several deals that would move stalled Bush administration nominees to a vote by the full Senate, including that of Michael Fryzel, a Chicago lawyer nominated for NCUA Chairman.
June 4 -
BEAVERTON, Ore. – Troy Stang, a one-time candidate for the NCUA Board, who has held leadership positions at the Texas CU League and the Treasury Department Community Development Financial Institutions, was named yesterday as the new president of the CU Association of Oregon.
June 3 -
AUBURN HILLS, Mich. – An item in the June 3 issue of the Credit Union Journal Daily Briefing incorrectly listed the Atlanta-based consultancy providing advisory services to USA CU. The correct name is LEVEL5.
June 3 -
JACKSONVILLE, Fla. – Fidelity National Information Services, which was created last year by a decoupling from Fidelity National Title, said its plans for another spin-off, this time of its huge mortgage processing business, is on track.
June 3 -
RIVERWOODS, Ill. – Discover Financial Services, parent of Pulse EFT, said it expects to write down by as much as $31 million its investment in asset backed commercial paper, mostly backed by mortgages.
June 3 -
CARMEL, Ind. – Allied Solutions yesterday said it has agreed to acquire MJB Insurance Services, a Kansas City-based provider of insurance and financial products and services to credit unions in Kansas, Missouri and Nebraska.
June 3 -
BREA, Calif. – Evangelical Christian CU said it has deployed CDC Software’s Pivotal CRM for Financial Services.
June 3 -
LATHAM, N.Y. – Sunmark FCU yesterday announced it has moved into its new administrative building here, nearby its former headquarters in Schenectady.
June 3 -
SAN JOSE, Calif. – Technology CU yesterday said it has signed with Allpoint to provide its members with surcharge-free access to the Allpoint ATM network.
June 3 -
SALT LAKE CITY – America First CU yesterday said it opened a new downtown branch, its 79th service center.
June 3 -
MANCHESTER, N.H. – St. Mary’s Bank, celebrating its 100th anniversary, yesterday announced a pilot program to offer manufactured (mobile) home loans, the first credit union in the state to do so.
June 3 -
WASHINGTON – Chicago lawyer Michael Fryzel, nominated to be the next NCUA Chairman, breezed through yesterday’s hearing before the Senate Banking Committee, but the Republican appointment appears problematic as the Democrats in control of the Senate may choose to hold up non-essential presidential appointments as the Bush administration moves toward an end.
June 3 -
SEATTLE – Police shot a robbery suspect in the hand yesterday afternoon when he tried to ram officers with his vehicle – after a car chase at speeds up to 100 miles an hour.
June 2 -
OAKLAND, Calif. – Chevron FCU yesterday announced it has signed a five-year contract to convert its 40,000 offline debit and 15,000 PIN debit accounts to PSCU Financial Services.
June 2 -
SAGINAW, Mich. – Communications Family CU, a $450 million credit union, said it named Timothy Benecke, head of FinancialEdge Community CU, a $55 million credit union in nearby Bay City, as its new president and CEO.
June 2 -
PORTSMOUTH, N.H. – Northeast CU yesterday said it has introduced a savings product aimed at encouraging taxpayers to save, instead of spend, their government stimulus payments.
June 2 -
AUBURN HILLS, Mich. – USA CU said LEVEL5 has assisted in designing a new branch plan.
June 2 -
COLUMBUS, Ohio – Ohio joined the growing list of states restricting payday lending yesterday, when Gov. Ted Strickland signed legislation to limit the annual rates on the short-term loans at 28%.
June 2 - Texas
HOUSTON – Five Houston area credit unions have joined banks in a new project aimed at bringing the more than one million people in the metropolitan area into the formal banking system.
June 2 -
ALEXANDRIA, Va. – NCUA yesterday said it has approved requests to merge more than a dozen ailing credit unions, accelerating the resolution of troubled institutions.
June 2