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DENVER – First Data Corp. yesterday announced it has agreed to acquire InComm, a marketer, distributor and technology developer for stored value and prepaid cards.
April 29 -
ST. PETERSBURG, Fla. – Certegy Inc. said it is notifying customers of their eligibility of a proposed payment regarding last year’s breach of confidential information.
April 29 -
ORLANDO, Fla. – A credit union that has posted a robust 3.05% ROA in 2008 said it isn’t any one thing that has driven its success, it’s been a series of investments in its community.
April 29 -
ORLANDO, Fla. – Not surprisingly, “growth” has been much in discussion at Credit Union Journal’s Grow Show here. More surprisingly, perhaps, it was generally agreed by many of those sharing growth strategies that growth for growth’s sake is a mistake.
April 29 -
ORLANDO, Fla. – The idea of not just allowing but encouraging members to rate their own experiences with their credit union on the CU’s own website may seem a risk not worth taking, but several analysts are encouraging credit unions to do just that.
April 29 - Texas
HOUSTON – People’s Trust FCU, the former Shell Oil credit union, said it plans to build a branch per year over the next five years and redesign an existing branch to increase the credit union’s community presence.
April 29 -
KANSAS CITY, Mo. – CommunityAmerica CU, the state’s largest credit union, yesterday announced it has completed its merger with Midwest United CU, the ninth-largest, creating a credit union with almost $2 billion in assets.
April 29 -
PASADENA, Calif. – More big credit unions in California are reporting losses for the first quarter of the year, leading some executives to predict red ink through the rest of 2008.
April 29 -
BROCKTON, Mass. – Local credit unions and banks have partnered with the state Housing Finance Agency to provide discounted mortgage services to help people buy foreclosed homes.
April 29 -
WASHINGTON – House leaders last night pulled the credit union regulatory relief bill from today’s planned vote in the face of a withering lobby effort waged by the bankers.
April 29 -
WARREN, Ohio – Greater Warren CU announced the hiring of Brain McCue as its new president and CEO.
April 27 -
DEER PARK, Texas – A former branch manager for Associated CU last week was charged with stealing $246,000 from the credit union by granting loans in the names of relatives and friends without their consent.
April 27 -
NEWARK, Ohio – Fiberglas FCU said it began construction on its new offices here.
April 27 -
PENSACOLA, Fla. – Pen Air FCU last week said it has contributed $50,000 to the Navy-Marine Corps Relief Society.
April 27 -
FAIRFAX, Va. – Apple FCU, which serves the educational community in suburban Washington, D.C., last week broke ground on a new branch in Kingstowne, one of three new facilities planned this year by the $1 billion credit union.
April 27 -
OGDEN, Utah – Goldenwest CU announced it will donate more than $50,000, raised during the credit union's eighth annual "5K For Schools" run, to nine local schools.
April 27 -
MANCHESTER, N.H. – St. Mary’s Bank, the nation’s oldest credit union, last week announced it is offering its members a payday loan product.
April 27 -
CANTON, N.Y. – Police are investigating hundreds of unauthorized Visa credit and debit card transactions at area financial institutions, the latest in a growing series of data breaches.
April 27 -
ALEXANDRIA, Va. – Increasing numbers of credit unions are opting for mergers rather than cope with the difficult economic conditions that are causing them to report losses.
April 27 -
WASHINGTON – The bankers were all over Capitol Hill the past few days trying to convince House members to vote against the credit union regulatory relief bill Tuesday, freed to do so because Congressional leaders did not schedule a vote on the bankers own bill, also.
April 27