PIERRE, S.D. – Oahe FCU announced yesterday it has made a three-year, $15,000 commitment to Capital University Center to help in its capital raising campaign.

TUKWILA, Wash. – BECU said yesterday it has acquired 50 newly introduced NCR SelfServ ATMs with no-envelope deposit capability.

OAKLAND, Calif. – About 250 morning commuters launched the nation’s first pilot yesterday to pay for their Bay Area Rapid Transit rides by tagging their cell phones on a reader located on top of the station gate.

PHOENIX – The day before Sunday’s Super Bowl extravaganza, Desert Schools FCU will sponsor another kind of football championship to benefit a local charity, and will give away a pair of tickets to the NFL title game to be held in nearby Glendale the following day.

PHOENIX – Arizona State CU donated a pair of tickets to this weekends Super Bowl, in nearby Glendale, to a local radio station to be auctioned off as a fundraiser for Children’s Miracle Network.

ALEXANDRIA, Va. – Spiraling losses throughout the credit union industry in many cases will end up with NCUA, which has taken under conservatorship or has plans to take over several of the biggest credit union losers.

ALEXANDRIA, Va. – Credit unions moved billions of additional dollars into their loan loss reserves in the fourth quarter, creating some of the biggest losses in the history of the industry, according to preliminary fourth quarter data submitted to NCUA.

RESTON, Va. – Student loan giant Sallie Mae yesterday said it has agreed to terminate its claim to a $900 million break-up fee for its failed takeover in exchange for refinancing from some of the same banks that jilted it.

PURCHASE, N.Y. – MasterCard yesterday said it has teamed with US Bank and Nokia on a pilot to test the use of cell phones equipped with MasterCard’s PayPass contactless payment functionality.

ROCKAWAY, N.J. – Picatinny FCU, a $200 million former defense credit union, on Friday said it has hired Bill Darling as its new president and CEO.

TALLAHASSEE, Fla. – Envision CU yesterday said it has installed Cognos’ TM1 financial reporting and analytical solution.

FERNDALE, Mich. – Credit Union ONE said it has signed with Extractable to provide it with research, planning and design services for its new website.

LOUISVILLE, Ky. – L&N FCU last week said it received a $150,000 grant from the Federal Home Loan Bank of Cincinnati, which it will use to provide down payment assistance for a local affordable housing project.

POUGHKEEPSIE, N.Y. – Hudson Valley FCU said it plans to open two new branches, bringing to five the number of service centers added by the $2 billion credit union in the past three years.

ALEXANDRIA, Va. – NCUA said it approved several more giant credit unions to acquire tiny credit unions – an accelerating pace of the large consuming the small.

DENVER – Officials of Public Service CU will be working over the next few weeks to stem the outflow of deposits from Norlarco CU, the failed $290 million credit union for which it won the bidding last week.

FEBRUARY

ST. PETERSBURG, Fla. - Suncoast Schools FCU opened a new branch in the low-income neighborhood of south St. Petersburg Friday, the latest in an effort by the state’s largest credit union to reach the underserved market. City officials have been working with area banks and credit unions to get them to locate facilities in in midtown as part of its revitalization. SunTrust Bank is also planning a branch for the neighborhood. (c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

BROOKLYN CENTER, Minn. - When membership growth is Job No. 1, then Step No. 1 is getting members more involved in the credit union.

ATLANTA - What could be Georgia’s first credit union geared specifically to the Latino market is under development.