Performance reports

LAS VEGAS-One year in the desert has done wonders for the health of Honolulu-based Aloha Pacific FCU.

WASHINGTON-A number of people remain hopeful that early next year community development financial institutions will learn they have access to more secondary capital.

KINGSPORT, Tenn. – Eastman CU is the latest credit union to announced a major holiday payout, with plans to distribute $5 million in extraordinary dividend payments to eligible members.

ALEXANDRIA, Va. – Two years after the credit union system was brought to its knees by the financial crisis, NCUA is reviewing the adequacy of emergency liquidity planning by credit unions.

WORCESTER, Mass. – Fast-growing Webster First FCU, which entered the Bay State’s north shore earlier this year with a deal for Saugus FCU, has agreed to acquire Winthrop FCU, its third merger of 2011, giving it a presence in the Boston market.

PEORIA. Ill. – CEFCU paid its members a $7 million extraordinary dividend yesterday.

MADISON, Wis.-The increasing number of fees banks are building into their pricing will affect credit unions' thinking on the same issue, according to one person.

WASHINGTON-Total loans outstanding at credit unions increased for the seventh straight month in October, according to analysis released last week by CUNA.

LAKELAND, Fla. – In a landmark deal, MidFlorida CU has agreed to acquire six Tampa-area branches, 16,000 member accounts and $115 million in assets from Space Coast CU, the Melbourne, Fla., credit union giant.

BIRMINGHAM, Ala. – For the second straight year Credit Union Service Centers of Alabama will pay a shareholder dividend.

MONTGOMERY, Ala. – Two more credit unions have announced year-end bonuses.

BALTIMORE – MECU here said it will pay its members a loan interest rebate of $1.139 million, or 6% of the interest paid on loans between June 25 and Nov. 30 of this year.

BATTLE CREEK, Mich. – OMNI Community CU will be paying $1 million to its members in its 4th Annual Cashback Rebate.

ATLANTA-Total consumer debt has nearly returned to pre-recession levels, including a 32% growth among credit card originations, according to the newly released Equifax National Credit Trends Report. But home equity lending continues to slide.

EUGENE, Ore. – NCUA Friday night liquidated O.U.R FCU, a one-time $5-million credit union it has been running under conservatorship since October, and assigned the remnants to Northwest Community CU, a $675-million credit union in nearby Springfield, Ore.

ALEXANDRIA, Va. – Two more troubled Las Vegas credit unions will be merged out, the latest in a string of deals that continues to winnow the state’s credit unions, NCUA reported this morning.

PENSACOLA, Fla. – Gulf Winds FCU will pay its members a $1 million bonus dividend – an average of $21 per member – to be divvied up to members with share accounts.

COLLINSVILLE, Ill. – Scott CU will be paying members a total of $1.1 million in bonus dividends and loan rebates later this month.

ALEXANDRIA, Va. – NCUA reported this afternoon its $2 billion third quarter assessment for the corporate credit union resolution erased almost half of the industry’s net income for the period, resulting in third-quarter earnings of $1 billion for the industry’s 7,179 federally insured credit unions, down from $1.9 billion in the second quarter.

FAIRBORN, Ohio – Wright-Patt CU announced this morning it is paying members a $5 million special patronage dividend.