Performance reports

OGDEN, Utah – Goldenwest CU will pay its members a $575,000 bonus dividend, the eighth straight year the credit union paid a bonus.

WASHINGTON-Anti-bank sentiment and Bank Transfer Day may have gotten the headlines, but the nation's banks quietly closed out the third quarter by reporting their profits rose to their highest level in more than four years.

WASHINGTON-Holiday cheer continues to be sparse as the holiday season approaches.

WASHINGTON -- Bank earnings rose in the third quarter to their highest level in more than four years, while the number of troubled banks fell for the second straight quarter, the FDIC reported this morning.

WASHINGTON-Checking accounts are growing at five times the rate of CU membership, indicating that more members are making the credit union their PFI.

PHILADELPHIA – NCUA issued a rare cease and desist order to a troubled community development credit union yesterday that could wipe out all of the tiny CDCU’s remaining capital.

LAS VEGAS – Ailing Silver State Schools CU will continue to trim expenses by closing three more of its 12 Las Vegas area branches by mid-January, the credit union said yesterday.

COLORADO SPRINGS, Colo. -- Air Academy FCU laid off 19 employee, last week as a result of a slowdown in home lending and a restructuring program aimed at offering services online that has resulted in the closure of four branches.

SAN DIEGO – Shares in Mitek Systems declined almost 7% yesterday after the provider of mobile banking services reported a $219,000 loss for the fourth quarter.

DEARBORN, Mich. –DFCU Financial, the one-time auto workers credit union, announced a $21 million special patronage dividend this morning, the biggest ever for credit unions.

FAIRFAX, Va. – Apple FCU announced this morning it has completed the integration of nearby Synergy One FCU, a one-time $205 million credit union that racked up big losses from its home equity line of credit portfolio in the northern Virginia suburbs of Washington.

LANCASTER, S.C. – Founders FCU is the first credit union to announce a bonus dividend for the year, a $10 million payout.

HARBOR, Ore. – NCUA reported that additional loan losses provisions for Chetco FCU created a $13.7 million loss at the troubled credit union, leaving the one-time $375-million credit union with slightly more than 1% net worth at the end of the third quarter.

MANDAN, N.D.-While Williston, Watford City and Dickinson serve as the epicenter of North Dakota's oil boom, the entire state is feeling the effects.

North Dakota credit unions are having to deal with an energy rush that has led to the state being dubbed the Saudi Arabia of North America.

WASHINGTON-Should Carla Leon-Decker be approved by the Senate for a seat on the NCUA board, credit unions won't be able to complain she doesn't know anything about the challenges smaller CUs face in making money.

LAS VEGAS – Troubled Silver State Schools CU, under a supervisory agreement with state regulators, reported third quarter losses yesterday of $2.7 million, creating a $5.5 loss for the year and further jeopardizing a $22.8 million emergency infusion of capital provided to it by its private deposit insurer ASI Inc.

ALEXANDRIA, Va.-Credit unions across the country are plunging into the red, trimming healthy net incomes or just staying above water as a result of NCUA's corporate credit union assessment.

COLUMBUS, Ohio – Kemba CU has launched a program called the Fresh Start Checking Account to help people who either don’t have a bank checking account or have a troubled past.

EL SEGUNDO, Calif. – Xceed Financial CU has signed with Allpoint Network to offer its 43,000 surcharge-free ATMs to its members.