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WAYNESBORO, Penn. – Patricia Shew, the president and CEO of Neighbors 1st FCU, is retiring Friday after 27 years with the credit union.
February 26 -
SAN FRANCISCO – Patelco CU yesterday said it is opening a new shared branch in conjunction with Mission SF FCU in the center of the low-income Mission District.
February 26 -
ALEXANDRIA, Va. – The number of credit unions that reported fiscal losses last year rose to a high of 1,011, according to NCUA.
February 26 -
WASHINGTON – Earnings at U.S. banks and thrifts plummeted almost 84% for the fourth quarter to a 16-year low of $5.8 billion, as banks and thrifts moved billions of dollars of additional funds into their provisions for loan losses.
February 26 -
ALEXANDRIA, Va. – Federally chartered credit unions would be required to report the annual compensation of their senior executives to members under a proposal issued by NCUA yesterday.
February 26 -
SAN FRANCISCO – Navy FCU has acquired two on-base branches north of here from 1st United Services CU, as the credit union giant continues to grow its branch network by leaps and bounds.
February 26 -
ENCINITAS, Calif. – Police are searching for thieves who pulled a San Diego County CU ATM out of its kiosk and dragged it across the parking lot before breaking into it and making off with the cash.
February 25 -
HOUSTON – Police are offering a $25,000 reward for information leading to the arrest of one or more thieves who stole as much as $200,000 from Houston Police FCU.
February 25 -
NORTH ANDOVER, Mass. – Employees of Merrimack Valley FCU have adopted a group of preschoolers at the Hennessey School in adjacent Lawrence.
February 25 -
SCRANTON, Penn. – NET FCU is paying members who help it add select employee groups.
February 25 -
CENTENNIAL, Colo. – The administration for this seven-year-old city of 100,000 people that was built around the new Denver International Airport has found a new home in the old home of Westerra CU.
February 25 -
DEARBORN, Mich. – John Breen, one of the founders of Wayne County Employees CU, retired from the board of the credit union, now known as Public Service CU, after 50 years of volunteer service.
February 25 -
REXBURG, Idaho – The buzz over the planned conversion to a bank charter by a Utah-based credit union has caught another credit union with the same name in a bees hive.
February 25 -
PHOENIX – Desert Schools FCU yesterday said it is increasing its commercial real estate business–at a time when most other lenders are pulling back.
February 25 -
RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced an expansion of its ATM network to include 631 ATMs in Florida Walgreens pharmacies.
February 25 -
SAN FRANCISCO – Visa Inc. yesterday set a projected value on its shares in its planned initial offering, including the Class B shares that will be apportioned to credit union and bank owners of Visa.
February 25 -
BROOMFIELD, Colo. – Elevations CU, based in nearby Boulder, yesterday opened its newest branch in the Sheridan Crossing shopping center here, its seventh location in the area.
February 25 -
ATLANTA – Delta Community CU, a one-time airline credit union, plans to open a new branch in the suburb of Newnan, the $2.6 billion credit union’s 10th branch.
February 25 -
BELMONT, Mass. – A proposed zoning amendment would make it much more difficult, if not impossible, for credit unions and banks to open a new branch in this Boston suburb–one of the last to abandon a ban on liquor sales.
February 25 -
ROME–It’s doubtful if many people during the heady days of the Roman Empire could have foreseen the economic impact that adding an extra day to the calendar every four years would create.
February 25