SAN FRANCISCO – A federal court last week dismissed a suit by 13 credit unions against CUNA Mutual Group, which claimed the bond issued by the credit union insurer should have covered the more than $4 million they lost when a mortgage company they lent through, LoriMac, went bankrupt last year.

BROOKFIELD, Wis. – Fiserv yesterday said its newly acquired CheckFree unit will offer bill payment services at financial self-service kiosks operated by Ready Credit Corp.

RESTON, Va. – Student loan giant Sallie Mae yesterday announced it paid Citibank the remaining $882 million of a $1.1 billion losing bet on its own stock.

ALEXANDRIA, Va. – NCUA said federal credit unions may replace credit life insurance policies it offers members with a debt cancellation program.

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.

HONOLULU – Ron Ogata, the long-time leader of HawaiiUSA FCU and a 40-year veteran of financial services, died recently.

GERMANTOWN, Md. – MidAtlantic FCU, a former IBM credit union, said Charles Thomas, its president and CEO for the past 32 years, retired at year end and was succeeded by Rick Wieczorek.

LOUISVILLE, Ky. – Kentucky Corporate FCU yesterday said it will begin offering electronic bill payment services to credit unions in Kentucky and eight surrounding states through a partnership with MY CU Services, LLC, a subsidiary of Mid-Atlantic Corporate FCU.

TREVOSE, Penn. – TruMark Financial CU said it has agreed to migrate to Passageways Internet portal as part of Passageways’ acquisition of Engineered Business Solutions.

SHEFFIELD, Ala. – Increasing numbers of credit unions are helping to hitch their members with low-cost wedding loans.

RICHMOND, Va. – Two local churches have joined with Virginia United Methodist CU to create a fund that will back small loans for eligible members.

WASHINGTON – As an outgrowth of a three-decade-long battle, credit unions today will file suit in federal court against the Internal Revenue Service over its application of the Unrelated Business Income Tax, which taxes state chartered credit unions for activities the IRS deems unrelated to their main function of lending and collecting deposits.

RANCHO CUCAMONGA, Calif. - A decorated veteran of the war in Iraq who also just happens to be the marketing manager for the California CU League, had her views featured in USA Today.

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ORLANDO, Fla. - The Credit Union Journal has unveiled the formal agenda for a conference dedicated solely to the No. 1 issue in front of credit unions: Growth.

OTTUMWA, Iowa - In September 1963, Morrell Employees Credit Union employed the “Little Man Under the Umbrella” as mascot for its women’s bowling team. The image, done in blue on white blouses, were balanced by red underarm inserts and slacks, providing an image patriotic both to the U.S. and to their credit union. There’s no record of how well the team did that year, but they certainly were the best dressed bowlers in the Ottumwa league. (c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

BATON ROURGE, La. - With the subprime mortgage mess still playing out, some observers think it’s only a matter of time before it boils over into the independent dealer lending market segment. If true, credit unions need to be leery of any subprime loans that they are carrying on their books.

LAS VEGAS - When was the last time someone handed you $56,000 just for doing business with them?

FALL RIVER, Mass. - A South Massachusetts credit union is lending a helping hand to members who need assistance paying rising home heating bills.