PROVO, Utah – Utah Community CU said it has signed a deal with Utah Valley University, formerly Utah Valley State College, to provide a campus "one-card" that will act as a Visa debit card as well as a student ID and bus pass.

WASHINGTON – The Bush administration unveiled its plan yesterday to bail out the troubled student loan market by offering to buy federally guaranteed loans from lenders and eventually providing emergency funding so the lenders can make more loans.

Credit unions will receive new guidance in the near future on what the National Credit Union Administration considers appropriate levels of return on assets.

ALEXANDRIA, Va. – The former president of Credit Union Group CU was barred form the industry by NCUA yesterday for his conviction on charges of making false entries in the credit union’s books.

JACKSONVILLE, Fla. – - Fidelity National Information Services, Inc. today announced the launch of its new comprehensive two-way mobile banking and bill pay product suite, FIS Mobile Banking and Bill Pay.

GONZALES, La. – Ascension CU said yesterday it signed SEDONA Corp. to implement the company’s member relationship management system.

CHATSWORTH, Calif. – Premier America CU announced plans to implement Hyland Software’s OnBase enterprise content management software suite.

MEMPHIS, Tenn. – Memphis Area Teachers CU has begun a $200,000 rebranding campaign that could culminate in a name change for the 51-year-old credit union in 2009.

TEMPLE, Texas – Texell FCU said yesterday it has contracted with Goldleaf Financial Solutions to provide the $100 million credit union with Web hosting, including compliance and security functionality, as well as its marketing services.

BIRMINGHAM, Ala. – Alabama Telco CU has launched two new savings program, including one aimed at encouraging more debit card use by its 50,000 members.

SACRAMENTO, Calif. – The former finance and accounts manager at Capital Power CU, which was merged into SAFE CU last year, pleaded guilty yesterday to embezzling almost $410,000 from the credit union between 2001 and 2007, using the funds to buy rare coins and pay off his credit card expenses.

DALLAS – The Federal Home Loan Bank of Dallas announced yesterday it awarded Hope Community CU almost $1 million in grants to help the community development credit union sponsor three affordable housing projects in Louisiana where the credit union is working to replace housing destroyed by Hurricane Katrina.

WASHINGTON – The Senate Banking Committee endorsed a bill yesterday that will shift the burden of paying for the rescue of troubled subprime mortgages to Fannie Mae and Freddie Mac by dedicating as much as $500 million over the next year from an affordable housing fund to be paid by the secondary market giants to a new scheme to refinance hundreds of thousands of failing home loans.

MADISON, Wis. – The Madison Equal Opportunity Commission has ruled in favor of a former CUNA executive who claimed he had been fired without cause and has ordered the trade group to pay back pay plus interest, along with an additional $75,000 for "emotional distress." The decision follows a complaint by Mike Miller, who was fired as CUNA’s Senior Vice President of Association Services in September 2004 after CUNA made changes in its Madison, Wis. operations and Miller complained about the behavior of certain senior management at CUNA.

SOUTH BEND, Ind. — Two teenage boys, ages 15 and 16, suspected of trying to rob the CommunityWide FCU, were arrested yesterday morning soon after the incident.

CHANTILLY, Va.– Online Resources Corp. announced the broad launch of its integrated expedited payments service yesterday.

AUBURN HILLS, Mich. — Digital Dialogue rolled out an automated membership enrollment service yesterday. The service will allow prospective members to complete an online account application at any time of day or night.

DRACUT, Mass. -- Jeanne D'Arc CU is opening its third branch in this Lowell suburb, the $600 million credit union’s ninth branch overall.

SACRAMENTO, Calif. – The Golden 1 CU has added a new branch downtown through its acquisition of Church Co-op CU.

HARRISBURG, Penn. – Mid-Atlantic FCU said yesterday it signed with FundTech to implement the company’s OrigiNET ACH origination system.