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WAYNE, Penn. – SunGard yesterday said it has agreed to acquire Strohl Systems, a provider of business continuity systems.
May 15 -
GREENSBORO, N.C. – Police have arrested 22 people in recent weeks and charged them with operating a sophisticated check ring that stole as much as $170,000.
May 15 -
SAN DIMAS, Calif. – Financial Services Centers Cooperative said it has signed with eZforex.com to automate the foreign exchange process for credit unions.
May 15 -
McLEAN, Va. – Long-term mortgage rates dipped this week, but the rate for the 30-year loan remained above 6%, according to Freddie Mac.
May 15 -
NORTH TONAWANDA, N.Y. – Niagara Regional FCU will break ground on its new offices Monday.
May 15 -
PORTSMOUTH, N.H. – Service CU yesterday said it has launched a mobile banking service called “MobileBanc24.”
May 15 -
WASHINGTON – The FBI is hunting for a serial robber who has robbed Navy FCU branches in Maryland and Virginia six times, making off with an estimated $100,000.
May 15 -
BOSTON – State regulators have approved the member ballot converting First Priority CU to a mutual savings bank, the first credit union conversion to bank under a new law in Massachusetts.
May 15 -
WASHINGTON – Proponents of a bill to open the process for setting credit card interchange fees insisted during congressional hearings yesterday the proposal would not set or regulate rates, but merely would allow merchants to negotiate the fees with the card companies and issuers.
May 15 -
OTTAWA, Ill. – The board of Financial Plus CU has appointed two associate directors as part of its succession planning.
May 15 -
RALEIGH, N.C. – Members who take out a loan with Local Government FCU will have a chance to have their loans paid off under a sweepstakes introduced by the credit union yesterday.
May 15 -
NEW CASTLE, Penn. – A member of GNC Community FCU and Family 1st FCU was ordered to pay $44,619 in restitution after pleading guilty to kiting checks between the two credit unions.
May 14 -
MINNEAPOLIS – Fair Isaac & Co., provider of the ubiquitous FICO credit score, said it has raised $275 million with a private placement of senior notes.
May 14 -
McLEAN, Va. – Secondary mortgage market giant Freddie Mac reported a first quarter loss of $151 million yesterday, its third straight quarterly loss, and plans to raise $5.5 million in new capital to replenish some of the losses.
May 14 -
BALTIMORE – Maryland State Employees CU yesterday said it is offering mobile banking service to its members through Internet-enabled phones.
May 14 -
SAN ANTONIO – San Antonio FCU yesterday said it signed a multi-year agreement for online account opening with Online Resources Corp.
May 14 -
APPLETON, Wis. – Prospera CU yesterday said it is expanding its GoodMoney payday loan program to Green Bay, where it will be offered inside a new Goodwill store being opened there.
May 14 -
BERKELEY, Calif. – Oakland police recovered $6,000, a cache of guns and arrested four men Tuesday following a takeover robbery at Cooperative Center FCU.
May 14 -
KELSO, Wash. – An armed man lined up employees and members of Fibre FCU and pepper sprayed them before making off with a bag of cash.
May 14 -
DENVER – Centrix Financial founder Robert Sutton is expected to appeal a U.S. Bankruptcy Court ruling confirming a reorganization of the failed subprime auto lender, prolonging the outcome in a case that has cost credit unions all over the country millions of dollars.
May 14