OLYMPIA, Wash. – Washington State Employees CU will award 20 scholarships this year for $2,000 each for students pursuing a four-year or graduate degree, and seven, $1,000 scholarship for a two-year or vocational program.

WASHINGTON – Justice FCU has completed implementation of Fortent’s hosted anti-money laundering system.

GLENDALE, Ariz. – Arizona State CU yesterday said it has expanded its relationship with First Lenders Data to include its FirstClose flood zone determination, automated valuation models, legal and vesting reports, limited title searches, as well as the alternative lien service Equiguard.

PASADENA, Calif. – Wescom CU yesterday said it has completed the acquisition of eCU Technologies, the technology and consulting CUSO of Pennsylvania State Employees CU.

DES MOINES, Iowa – TMG Financial Services, a credit card servicer owned by the Iowa CU League, yesterday said it has purchased its first credit union card portfolios, joining a growing competition for credit union portfolios.

WASHINGTON – Credit unions on Wednesday were being urged to manage their savings rates actively in the wake of another cut in short-term rates by the Federal Reserve–this time a cut of 50 basis points.

LA HABRA, Calif. – American First CU announced a restructuring and the lay off of 12 employees in the face of a $5 million fourth-quarter loss, and losses of $5.1 million for the year.

RANCHO CUCAMONGA, Calif. – Mounting losses among some of the Golden State’s largest credit unions are expected to grow even more, at least in the short-term, as the state’s economy continues to fall into recession.

HAMPTON ROADS, Va. – A man who was addicted to crack cocaine and OxyContin confessed Tuesday to robbing three credit unions and one former credit union in a desperate attempt to feed his drug habit.

GREENSBORO, N.C. – Two suspects were charged Monday in a series of nine robberies that netted more than $500,000 during a two-year span, including two at Piedmont Aviation CU.

CALABASAS, Calif. – Countrywide Financial Corp. reported a $422 million fourth quarter loss yesterday, but Bank of America said it still plans to go forward the acquisition of the nation’s largest mortgage lender.

WEST PALM BEACH, Fla. – With the 10-year anniversary approaching, the Credit Union Journal is seeking your recollections of the battle to get HR 1151, the Credit Union Membership Access Act, passed and signed by the president. The deadline is Feb. 8.

HUNTINGTON, W.V. – A former branch manager for Star USA FCU pleaded guilty in federal court Monday to stealing more than $81,000 from the credit union.

WASHINGTON – Congressional FCU reported yesterday it has signed a five-year

HAMPTON ROADS, Va. – A man who was addicted to crack cocaine and OxyContin confessed Tuesday to robbing three credit unions and one former credit union in a desperate attempt to feed his drug habit.

GREENSBORO, N.C. – Two suspects were charged Monday in a series of nine robberies that netted more than $500,000 during a two-year span, including two at Piedmont Aviation CU.

CALABASAS, Calif. – Countrywide Financial Corp. reported a $422 million fourth quarter loss yesterday, but Bank of America said it still plans to go forward the acquisition of the nation’s largest mortgage lender.

WEST PALM BEACH, Fla. – With the 10-year anniversary approaching, the Credit Union Journal is seeking your recollections of the battle to get HR 1151, the Credit Union Membership Access Act, passed and signed by the president. The deadline is Feb. 8.

HUNTINGTON, W.V. – A former branch manager for Star USA FCU pleaded guilty in federal court Monday to stealing more than $81,000 from the credit union.

WASHINGTON – Congressional FCU reported yesterday it has signed a five-year