JACKSONVILLE, Fla. - Fidelity National Information Services revealed last Tuesday that a worker at its Certegy subsidiary, the biggest processor of credit union accounts, stole 2.3 million consumer records containing credit card, credit union and bank account information.

JULY

BOULDER, Colo. - Boulder Valley CU is offering its members low rates on loans financing solar power in their homes to celebrate its installation of a solar power system at its Arapahoe branch.

WEST ALLIS, Wis. - The ongoing problems in the subprime mortgage market may be beginning to show up in credit unions, with one CU here reporting a $5.2-million first-quarter loss largely attributable to the loans.

COLORADO SPRINGS, CO - Air Academy Federal Credit Union is offering a new loan product called Smart Solution.

WASHINGTON - Lawmakers and community activists unveiled plans for an Affordable Housing Trust Fund that would provide as much as $1 billion a year for affordable housing projects.

Dublin, Ohio - Ohio HealthCare Federal Credit Union has expanded its field of membership to include all healthcare employees throughout the state of Ohio. Previously the credit union served only those within central Ohio.

Meetings

Glendale, Ariz. - Arizona State Credit Union was named the No. 1 credit union in Arizona as part of the 2007 edition of Ranking Arizona: The Best of Arizona Business, a sister publication of Arizona Business Magazine.

Meetings

MINNEAPOLIS - Shares in Fair Isaac & Co., maker of the ubiquitous FICO score, surged more than 7% after a private investment fund called on management to either sell the company or consider taking it private. In a letter to Fair Isaac CEO Mark Green, Sandell Asset Management said it has acquired a 5% stake in the company, and called on Fair Isaac to hire an investment adviser to explore alternatives.

MILWAUKEE - Metavante Corp., which is preparing to go public in a spin-off from Marshall & Ilsley, has hired Timothy Oliver, a 39-year-old treasurer at nearby Rockwell Automation, as its new chief financial officer. Oliver will report directly to Frank Martire, the former Fiserv executive who will be Metavante's CEO. Metavante is a conglomerate of financial service companies acquired over the last three years by M&I, including the NYCE electronic payments network, the Endpoint Exchange electronic check clearing network, and several others. It is one of several payments systems being brought to the market over the next few months, including last week's debut of Discover Financial Services, the parent of Pulse EFT, and Visa USA, which is going public in an IPO. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

MIDDLETOWN, Penn. - Natural-person credit unions appear to agree with Wall Street that the Fed will not be making any changes to the Federal Funds rate this year and as a result have been not only pouring deposits into corporate CUs but moving out of overnights and into longer-term investments.

BEAVER, Penn. - One credit union is taking an aggressive stand against scams and fraudulent checks.

SALEM, Ore. - A state judge refused to block enactment of a new 36% cap on consumer loan rates, which went into effect last Sunday.

AUSTIN, Texas - United Heritage Credit Union has begun offering a new Heritage Checking account that is free, pays a 6.01% APY, and offers free ATMs nationwide with no receipts required. The product has no minimum balance.

Dublin, Ohio - Ohio HealthCare Federal Credit Union has expanded its field of membership to include all healthcare employees throughout the state of Ohio. Previously the credit union served only those within central Ohio.

Arlington, Va. - NASCUS announced that Colorado Division of Financial Services recently earned NASCUS re-accreditation.

WASHINGTON - Loan delinquencies at the nation's banks rose in the first quarter to their highest since 2001, according to the American Bankers Association.

WASHINGTON - Chances for passage of data security legislation continue to fade away for this year as the House Financial Services Committee, the main focal point for the initiative, isn't expected to introduce its own bill until later this fall.