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ATLANTA – Credit bureau Equifax yesterday said it has introduced a new solution to help financial institutions determine the likelihood that a consumer has an adjustable rate mortgage.
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LaVALE, Md. – WEPCO is building a new office building here, which is expected to be completed early next year. Construction began July 23 and is expected to take 34 weeks. The 57-year-old credit union has almost $120 million in assets and 20,000 members.
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TAMPA, Fla. – GTE FCU yesterday announced it has contracted with Gila Corp. to collect its delinquent loans. Gila Group will handle the collection of delinquent mortgage loans 30-to-90 days behind on behalf of the $2.1 billion credit union. Gila is based in Austin, Texas.
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PITTSFIELD, Mass. – Greylock FCU said its Greylock Insurance Agency CUSO is partnering with Berkshire Life Insurance Co. of America to offer long-term care insurance at a 10% discount.
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ROVEPORT, Ohio – First Service FCU yesterday said it has purchased two former Sky Bank branch offices from Huntington Bancshares, which acquired Sky this year.
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ABINGTON, Penn. – NCUA yesterday said it liquidated Green Tree FCU–less than five years after its chartering by the Friends of Briar Bush, a nature conservancy started by the Quakers.
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CONCORD, Calif. – State regulators hoped to cauterize the wounds at Cal State 9 CU but were forced to take it over Friday because of accelerating losses, especially in its mortgage portfolio.
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NEW ALBANY, Ind. – Authorities have little hope of recovering any of the $7 million a teller stole from Obelisk FCU, forcing NCUA to liquidate the 70-year-old credit union earlier this year. That’s because the teller, Patricia Sherman, 49, gambled away the funds at riverboat casinos in southern Indiana, authorities said yesterday.
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SANDY SPRINGS, Ga. - Fidelity FCU, a former GM employees credit union, has moved its offices here from nearby Atlanta and has converted to a community charter serving the city of Sandy Springs to make way for the closing of the General Motors plant.
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At press time, the number of co-sponsors on the CURIA bill. 217 are needed to have a majority. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com
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PHOENIX - A two-year, dedicated effort to employee financial education has helped one of Desert Schools Federal Credit Union's CUSOs triple its referrals and profits.
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WEST PALM BEACH, Fla. - Implementing ideas that are proven to work-that's what Credit Union Journal readers have told us they want.
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WISCONSIN RAPIDS, Wis. - In the midst of extremely difficult times for its members and community-and the credit union itself-Bull's Eye CU was able to ramp up a service offering that both filled a real need for its members and helped drive new revenue for the credit union.
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GREENSBORO, N.C. - Advanced Fraud Solutions, the new Credit Union Service Organization owned and operated by the NC Credit Union League, provides plastic-card and counterfeit-check fraud detection programs. These software programs and consulting services are designed to catch fraud on the frontlines, saving financial institutions both money and time.
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BREA, Calif. - The $990-million Evangelical Christian Credit Union (ECCU) here has a long history of making loans to churches across America to build new houses of worship, schools or to expand existing facilities. For the last 20 years, ECCU has also included among its strategic goals serving its members' needs in commercial real estate.
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COLORADO SPRINGS, Colo. - Ent Federal Credit Union celebrated its 50th anniversary with a free "financial expo" for its members.
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HARRISBURG, Penn. - Credit union leagues in two separate states are backing their respective governors' plans to help homeowners keep their homes out of foreclosure.
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ALEXANDRIA, Va. - One tiny credit union has a big dream for its membership: home ownership.
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