Performance reports

CORONADO, Calif.-Credit Union Journal asked the solutions providers at Grow Show just one question: how can you help a credit union grow. Below are their responses:

WASHINGTON – After five days of debate, the Senate voted passage this afternoon of a housing bill that will include several measures to allow NCUA to stretch out the costs of its corporate credit union bailout to as long as eight years.

WASHINGTON – After five days of debate, the Senate voted passage this afternoon of a housing bill that will include several measures to allow NCUA to stretch out the costs of its corporate credit union bailout to as long as eight years.

MONETT, Mo. – Jack Henry & Associates reported yesterday that revenues and net income declined for its fiscal third quarter, ended March 31.

NORTH CANTON, Ohio – ATM maker Diebold Inc. announced an 88% plunge in first quarter profits, due mostly to a $25 million settlement with the Securities and Exchange Commission over civil charges related to its accounting practices.

WASHINGTON – CUNA reported yesterday that the declining stock markets pushed it into the red to the tune of $8 million for 2008, up from a $5.2 million loss for 2007.

HOPKINS, Minn. – SharePoint CU, formerly Retail Employees CU, announced the hiring of Phil Kopischke, a vice president with nearby Peoples Bank of Commerce, as its new president and CEO.

SARASOTA, Fla. – Sarasota Coastal CU, which broke off its engagement with MidFlorida FCU just last week, said yesterday it plans a marriage now with Achieva CU.

WARRENVILLE, Ill. – Members United Corporate FCU reported a $511 million loss today, wiping out almost two-thirds of its capital.

WARRENVILLE, Ill. – Members United Corporate FCU reported a $511 million loss today, wiping out almost two-thirds of its capital.

PURCHASE, N.Y. – MasterCard Inc. said Friday its first-quarter earnings fell 18% from the year-ago period that included a special gain on the sale of an investment.

WARRENVILLE, Ill. – Members United Corporate FCU told its members last week it expects to exhaust as much as $230 million of capital it held in U.S. Central FCU, adding to the woes of the $9 billion corporate and its members.

MIRAMAR, Fla. — In the biggest failure of a natural person credit union, Eastern Financial Florida CU, the one-time high-flying airlines credit union, was taken over by state regulators and NCUA after a grounding by the state's turbulent real estate market.

NEW YORK — The Conference Board Employment Trends Index (ETI) fell further in December. The index now stands at 99.6, decreasing 1.6% from the November revised figure of 101.2, and down almost 16% from a year ago.

ALEXANDRIA, Va. – The failure of U.S. Central FCU will trickle down through three-tiered credit union system by erasing more than $1.5 billion of capital held by its 27 member corporates, NCUA announced this morning.

ALEXANDRIA, Va. – The failure of U.S. Central FCU will trickle down through three-tiered credit union system by erasing more than $1.5 billion of capital held by its 27 member corporates, NCUA announced this morning.

APPLETON, Wis. — Going against the grain and boosting marketing efforts during the recession has paid big dividends for Community First Credit Union as the $1.17- billion institution earned the third spot overall on Callahans' Return of the Member rankings. While many businesses slash marketing first to get their budgets in order during bad economic times, CEO Cathie Tierney, who spent most of her career in the marketing business, takes the exact opposite approach.

SAN DIMAS, Calif. – WesCorp FCU, the troubled corporate credit union taken over by NCUA March 20, reported a gaping credit loss of $5.6 billion for the first quarter.

SAN DIMAS, Calif. – WesCorp FCU, the troubled corporate credit union taken over by NCUA March 20, reported a gaping credit loss of $5.6 billion for the first quarter.

ATLANTA – Credit bureau Equifax Inc. said first quarter earnings slumped 17%, to $54.5 million, as the company was hurt by a 10% decline in revenues.