Credit Unions | Credit Union News

Credit Unions News for January 5, 2007:

Co-op Services Credit Union implements Open Solutions data ...
Finextra (press release), UK - Jan 5, 2007
"We took the opportunity to evaluate what our credit union really needed in a core operating system, both for now and into the future," said Tony Carnarvon, ...

Full Story: http://www.finextra.com/fullpr.asp?id=12754

Mission Federal Credit Union Selects the Learn.com LearnCenter ...
Emediawire (press release), WA - Jan 5, 2007
Learn.com®, the leader in on-demand workforce development and productivity, announced today that Mission Federal Credit Union, a nonprofit financial ...

Full Story: http://www.emediawire.com/releases/2007/1/emw494952.htm

Credit union to build in Harbor Town
Herald Times Reporter, WI - Jan 5, 2007
TWO RIVERS — Manitowoc business owner Renee Derenne is happy that Shoreline Credit Union's third branch will be in Manitowoc. ...

Full Story: http://www.htrnews.com/apps/pbcs.dll/article?AID=/20070105/MAN0101/701050537/1358/MANnews

American Airlines Federal Credit Union distributes record bonus to ...
TexasGigs, TX - Jan 5, 2007
FORT WORTH — American Airlines Federal Credit Union (AAFCU) paid a record bonus dividend of nearly $8 million to its member-owners on Dec. 29, 2006. ...

Full Story: http://www.pegasusnews.com/news/2007/jan/05/american-airlines-federal-credit-union-distributes/

NCUA Delays DC-area Credit Union's Conversion Plans
BankNet 360, NY - Jan 5, 2007
The National Credit Union Administration has decided to question officials at Lafayette Federal Credit Union after members voted to convert to a mutual ...

Full Story: http://www.banknet360.com/news/NewsAbstract.do?na_id=6871&service_id=1&bi_id=

Robber Grabs $155K From Brea Credit Union
CBS 2, CA - Jan 5, 2007
A robber took more than $155000 from a credit union vault, an automated teller machine, three employees and three bank customers in Brea Friday night, ...

Full Story: http://cbs2.com/topstories/local_story_006005431.html

Schenectady credit union to sponsor incubator luncheon program
Bizjournals.com, NC - Jan 5, 2007
Sunmark Federal Credit Union of Schenectady has signed on as the main sponsor for the 2007 U-Start Business Incubator Lunch and Learn Program. ...

Full Story: http://www.bizjournals.com/albany/stories/2007/01/01/daily37.html

Michigan-based Credit Union Selects Core Processing Platform
BankNet 360, NY - Jan 5, 2007
Co-op Services Credit Union (CSCU) has signed on with Open Solutions Inc. (OSI) to assist with its data processing for better customer relationship ...

Full Story: http://www.banknet360.com/news/NewsAbstract.do?na_id=6888&service_id=1&bi_id=

In Business Q and A Wayne Tew, Chief executive, Clark County ...
In Business Las Vegas, NV - Jan 5, 2007
He was working as controller for a Minneapolis credit union and had decided anything the chief executive could do he could do, too. ...

Full Story: http://www.inbusinesslasvegas.com/2007/01/05/qa.html

Open Solutions Signs Up Another CRM Client
TMCnet - Jan 5, 2007
based Co-op Services Credit Union has selected Open Solutions Inc.'s core enterprise platform, The Complete Credit Union Solution, and other complementary ...

Full Story: http://news.tmcnet.com/news/-open-crm-thrift-/2007/01/05/2216501.htm

Credit Unions Finish 2006 With No. 1 Ranking
MaineToday.com, ME - Jan 5, 2007
(Westbrook, ME) - The Maine Credit Union League is pleased to report that a new consumer survey has named credit unions as the top customer service provider ...

Full Story: http://business.mainetoday.com/newsdirect/release.html?id=3813

Hosting Provider Open Solutions Selected for In-house Data Processing
Tophosts, Canada - Jan 5, 2007
“To get to the next level, we needed an open architecture system that was flexible and would help us gain operational efficiencies across the credit union,” ...

Full Story: http://www.tophosts.com/articles/004427.html

Card Platform Problem Deals A Bad Hand To E-gold/Digital Currency ...
American Chronicle, CA - Jan 5, 2007
North York Credit Union, the issuing institution, is located in Canada so their cards could be issued worldwide and were not regulated under any new rules. ...

Full Story: http://www.americanchronicle.com/articles/viewArticle.asp?articleID=18693

Money scams alarm base financial experts
Stars and Stripes, DC - Jan 5, 2007
Roginski said the Misawa credit union caught eight counterfeit money orders a woman tried to cash in October and November. Two cashier’s checks for $5000 ...

Full Story: http://www.estripes.com/article.asp?section=104&article=42594

Dover Man Charged With Attempted Robbery
WBOC TV 16, MD - Jan 5, 2007
Dover police say that on Wednesday at around 1:40 pm, 53-year-old Robert Steele of Grissom Street in Dover, entered the Dover Federal Credit Union and ...

Full Story: http://www.wboc.com/Global/story.asp?S=5895639&nav=MXEF

People on the Move
Greater Fort Wayne Business Weekly (subscription), IN - Jan 5, 2007
Ali Halilovic and Karen Roseberry were recently promoted to branch sales manager at the Three Rivers Federal Credit Union branch inside Scott's Food and ...

Full Story: http://www.fwdailynews.com/articles/2007/01/05/greater_fort_wayne/news/bw09.txt

Business Digest
Salt Lake Tribune, UT - Jan 5, 2007
1-800 Contacts, America First Credit Union, ARUP Laboratories, Citi Cards, Comcast, L-3 Communications, Mountain America Credit Union, Regence BlueCross ...

Full Story: http://www.sltrib.com/ci_4954157

Police Co-op moves Member Services Department to benefit members
Barbados Advocate, Barbados - Jan 5, 2007
AS of yesterday, members of the Barbados Police Co-op Credit Union (BPCCU), seeking to utilise the Members Services Department will have an easier time. ...

Full Story: http://www.barbadosadvocate.com/NewViewNewsleft.cfm?Record=29387

You Can Help - January 5, 2007
Texarkana Gazette, TX - Jan 5, 2007
An account has been set up at Red River Federal Credit Union for the family of Adam and Priscilla Hammonds of Simms, Texas, whose home burned New Year’s Eve ...

Full Story: http://www.texarkanagazette.com/articles/2007/01/05/local_news/news/news19.txt

Bank robbery suspect arrested at local coffee shop
OCRegister, CA - Jan 5, 2007
David Carl Camp, 54, allegedly robbed a Huntington Beach bank five times and a Fountain Valley credit union four times. The suspect supposedly robbed the ...

Full Story: http://www.ocregister.com/ocregister/homepage/abox/article_1536103.php

Randolph-Brooks selects Ruesch's Global PayLink system for FX services
Finextra (press release), UK - Jan 5, 2007
"We are pleased to establish a relationship with Randolph-Brooks Federal Credit Union. We are confident that the combination of Global PayLink and ...

Full Story: http://www.finextra.com/fullpr.asp?id=12753

Police news
The News Journal, DE - Jan 5, 2007
ROBBERY JOKE BACKFIRES: A 53-year-old Dover man was arrested Wednesday in the attempted robbery of a credit union. Dover police charged Robert Steele, ...

Full Story: http://www.delawareonline.com/apps/pbcs.dll/article?AID=/20070105/NEWS05/701050351/-1/NEWS01

Comings and Goings
Indianapolis Star, IN - Jan 5, 2007
Cathy Moritz promoted to Noblesville branch manager and Scott Tabor promoted to West Washington Street branch manager at Indiana Members Credit Union. ...

Full Story: http://www.indystar.com/apps/pbcs.dll/article?AID=/20070105/BUSINESS/701050418/1003

Suspect gets $155000 in Brea bank robbery
OCRegister, CA - Jan 5, 2007
The robbery occurred at 6:18 pm at the Credit Union of Southern California in the 2500 block of E. Imperial Highway, police said. ...

Full Story: http://www.ocregister.com/ocregister/homepage/abox/article_1536979.php

0 to 800 in 48 minutes
Squamish Chief, Canada - Jan 5, 2007
It took only 48 minutes on New Year’s Day Monday for the 800 spots available for the North Shore Credit Union Test of Metal mountain bike to sell out. ...

Full Story: http://www.squamishchief.com/madison%5CWQuestion.nsf/0/2A5BE6CA3F2D4BA08825725A000420B6?OpenDocument

Industry Update
Green Sheet, CA - Jan 5, 2007
The system was beta-tested at California Center Credit Union, where staff visits to remote ATMs to retrieve checks have been reduced to twice a month as a ...

Full Story: http://www.greensheet.com/PriorIssues-/061202-/2.htm

Job loss puts added pressure on couple's finances
Orlando Sentinel, FL - Jan 5, 2007
The Thorntons hope to use the roughly $34000 from the latest cash-out to pay off their $5600 in credit card and credit union debt and make some long-needed ...

Full Story: http://www.orlandosentinel.com/business/sns-yourmoney-0107makeover,0,7462224.story?coll=orl-sns-yourmoney-headlines

How to save on US taxes
Rockingham News, NH - Jan 5, 2007
Ramona Dow, vice president of marketing and strategic initiatives for Northeast Credit Union (NECU), has opened the doors of NECU for this year's free tax ...

Full Story: http://www.seacoastonline.com/news/rock/01052007/nhnews-rock-r-rca-income12xx.html

On the move
San Diego Union Tribune, CA - Jan 5, 2007
Point Loma Credit Union has hired Jessica CH Smith as its Temecula branch manager. Send items for this column to: David Berlin, On the Move, The San Diego ...

Full Story: http://www.signonsandiego.com/news/business/20070105-9999-1b5move.html

BTW pulls away from Green Oaks
Shreveport Times, LA - Jan 5, 2007
Booker T. Washington's Lions found themselves in quite a basketball game on Friday night at the 67th annual Bossier Federal Credit Union Bossier ...

Full Story: http://www.shreveporttimes.com/apps/pbcs.dll/article?AID=/20070105/SPORTS0102/301050009/1024/SPORTS01

Hospital rezoning approved
Waynesboro Record Herald, PA - Jan 5, 2007
The request stems from Martin's development of a credit union at 405 N. Grant St. The building will house Frick Federal Credit Union. ...

Full Story: http://www.therecordherald.com/articles/2007/01/05/local_news/news05.txt

Gina Lovell wins KREM Classic
The Reporter Belize, Belize - Jan 5, 2007
Flowers regained the lead to win a $75 savings account from St. John’s Credit Union at mile 15, but she was challenged by Kaya Cattouse who took over to win ...

Full Story: http://www.reporter.bz/index.php?option=content&task=view&id=1690&Itemid=

Business briefs
Lansing State Journal, MI - Jan 5, 2007
EAST LANSING - Michigan State University Federal Credit Union has opened its drive-up facility and ATM at the future site of its new headquarters. ...

Full Story: http://www.lsj.com/apps/pbcs.dll/article?AID=/20070105/NEWS03/701050324/1004/news03

Chamber’s “Under 30” Group
Fast Pitch! (press release) - Jan 5, 2007
BAE SYSTEMS has graciously offered to host this event conducted by Bethpage Federal Credit Union. Due to heightened security at BAE SYSTEMS, ...

Full Story: http://www.fastpitchnetworking.com/pressrelease.cfm?PRID=2738

ATM bandit sought in 93 thefts
The Robesonian, NC - Jan 5, 2007
Sutton said the only photograph of the thief was taken at an ATM camera at a State Employees Credit Union Cash Points machine on Oct. 26. ...

Full Story: http://www.robesonian.com/articles/2007/01/05/news/news/story01.txt

BTW pulls away from Green Oaks
Shreveport Times, LA - Jan 5, 2007
Booker T. Washington’s Lions found themselves in quite a basketball game on Friday night at the 67th annual Bossier Federal Credit Union Bossier ...

Full Story: http://www.shreveporttimes.com/apps/pbcs.dll/article?AID=/20070105/SPORTS0102/301050009/1024/sports01

CRIME: Man runs scam on grandfather for drug money
Lockport Union-Sun & Journal, NY - Jan 5, 2007
Henley reportedly forged the checks, then recruited others to cash the checks for him at two Cornerstone Community Federal Credit Union locations. ...

Full Story: http://www.lockportjournal.com/local/local_story_005235842.html

Religion Briefs
Newport News Times, OR - Jan 5, 2007
Guy DiTorrice, manager of the local branch of OSU Federal Credit Union, will discuss the fundamentals of credit management at 10:15 am Sunday with the ...

Full Story: http://www.newportnewstimes.com/articles/2007/01/05/community/community02.txt

Business Briefs
Hudson Star Observer, WI - Jan 5, 2007
4, beginning at 6:30 pm at Westconsin Credit Union, 1601 Maxwell Drive. Registration starts at 6. Speaker Susan Nielsen, PWN president, will address sales ...

Full Story: http://www.hudsonstarobserver.com/articles/index.cfm?id=21465

Chamber Announces Small Business Award Finalists
The Chattanoogan, TN - Jan 5, 2007
Ben Parker Company, GenTech Construction, Hubbuch Glass Company 51-200 Employees: COMTRUST Credit Union, EPB Telecom, North American Credit Services, Inc. ...

Full Story: http://www.chattanoogan.com/articles/article_99275.asp

BASKETBALL: Bears Buck E-WG in tournament final
North Kingstown Standard Times, RI - Jan 5, 2007
WESTERLY - The girls' por-tion of the Westerly Community Credit Union's 23rd Annual Holiday basketball Tournament concluded on Thursday with two masterful ...

Full Story: http://www.zwire.com/site/news.cfm?BRD=1715&dept_id=73973&newsid=17664241&PAG=461&rfi=9

GAC Boxing show Jan. 13
The Register-Mail, IL - Jan 5, 2007
Tickets to the show are $10 for general admission and $20 for ringside can be purchased at the door and at Gale Credit Union, Billiards on Main, ...

Full Story: http://www.register-mail.com/stories/010607/SPO_BC0VLLIN.GID.shtml

Robber's attitude angers judge
The Express Times, PA - Jan 5, 2007
Tyree, identified by authorities as a member of the Cash Money Boys street gang, apologized Friday for robbing a First Commonwealth Federal Credit Union ...

Full Story: http://www.nj.com/news/expresstimes/pa/index.ssf?/base/news-9/1168060023299670.xml&coll=2

Columbia Hands Wildcatters Third Home Loss of Year
OurSports Central (press release), WI - Jan 5, 2007
It is Five Point Credit Union Night where the first 1000 fans will receive Wildcatters Thundersticks. Don't miss any hard-hitting Wildcatters hockey action. ...

Full Story: http://www.oursportscentral.com/services/releases/?id=3412366

Engaging Burnaby companies make top 50
Burnaby Newsleader, Canada - Jan 5, 2007
The top BC companies were Envision Financial (7), Coast Capital Savings Credit Union (17), Rocky Mountaineer Vacations (23), BC Biomedical Laboratories (24) ...

Full Story: http://www.burnabynewsleader.com/portals-code/list.cgi?paper=41&cat=42&id=806847&more=

Serial Bank Robber Uses Pepper Spray On Victims
KOIN.com, OR - Jan 5, 2007
29 at a credit union in Long Beach, Wash., the suspect sprayed bank employees with pepper spray. The day before, he hit a Key Bank in Hazel Dell, ...

Full Story: http://www.koin.com/Global/story.asp?S=5898872

How to buy a tractor
Capital Press (subscription), OR - Jan 5, 2007
If you are not a cash purchaser, financing is usually available through a dealer or from a bank or credit union. Shop around because rates vary. ...

Full Story: http://www.capitalpress.info/main.asp?SectionID=67&SubSectionID=784&ArticleID=29586&TM=63791.33

Email Security's Image Problem
Byteandswitch.com, NY - Jan 5, 2007
based Harbor One Credit Union. A camera phone ban may be on the cards at Harbor One. "We have discussed it, but we haven't come up with any policies on that ...

Full Story: http://www.byteandswitch.com/document.asp?doc_id=113939&WT.svl=news1_1

Sherman Oaks Sun’s Community Compass covers nonprofit in its ...
NewsReleaseWire.com (press release) - Jan 5, 2007
Joined by the Interguild Musicians Credit Union, the Environment of Friends Foundation, colleagues from the Calfornia Digital Arts Studio Partnership, ...

Full Story: http://www.expertclick.com/NewsReleaseWire/default.cfm?Action=ReleaseDetail&ID=15061

NC foreclosures jumps in 2006; Forsyth numbers are up, but slower
Winston-Salem Journal (subscription), NC - Jan 5, 2007
... aimed at mortgage lenders and brokers. The guidelines are similar to those recently approved by federal regulators for banks, thrifts and credit union....

Full Story: http://www.journalnow.com/servlet/Satellite?pagename=WSJ/MGArticle/WSJ_BasicArticle&c=MGArticle&cid=1149192509673

Ball State's DeMuth earns MVP honors
Munster Times, IN - Jan 5, 2007
It is DeMuth's second tournament MVP award this year as she won it at the BSU Credit Union Thanksgiving Tournament. DeMuth leads the Cardinals in scoring ...

Full Story: http://www.thetimesonline.com/articles/2007/01/05/sports/college_sports/33391e92cf208c578625725a0000d555.txt

CHO welcomes first baby of 2007
MyWebTimes.com, IL - Jan 5, 2007
Alexis and her parents will be receiving a $25 savings account from First State Bank of Ottawa, $25 savings account from Financial Plus Credit Union and ...

Full Story: http://mywebtimes.com/ottnews/archives/ottawa/display.php?id=289672

Cumberland County bakery receives loan
Central Penn Business Journal, PA - Jan 5, 2007
The financing includes several loans through Members First Credit Union, the Cumberland County Redevelopment Authority and the Cumberland County Economic ...

Full Story: http://www.centralpennbusiness.com/article.asp?aID=59130

Bearkats are Giant upset victims in Bossier tournament
Bossier Press-Tribune, LA - Jan 5, 2007
The championship of the Bossier Federal Credit Union Bossier Invitational Tournament is one goal that has eluded Bossier High basketball coach Chris White. ...

Full Story: http://www.nwlanews.com/index.php?option=com_content&task=view&id=1864&Itemid=27

Top stories for 2006
UNCP News, NC - Jan 5, 2007
Two new apartment projects, a new State Employee’s Credit Union and more are planned for Pembroke at this writing. 9. Tragedy was also part of 2006. ...

Full Story: http://www.uncp.edu/news/2007/top_2006_stories.htm

Bowls' corporate ties are a lost cause
Berkshire Eagle, MA - Jan 5, 2007
And then there's the San Diego County Credit Union Poinsettia Bowl. More money changed hands there. I don't remember who won that game, or even who played ...

Full Story: http://www.berkshireeagle.com/sports/ci_4954627

Mollie Flood lived life to the full
Wicklow People, Ireland - Jan 5, 2007
Molly was a founder member of Dunlavin Credit Union and worked tireless over the years with the committee. She was strongly involved with the St. Vincent De ...

Full Story: http://www.unison.ie/wicklow_people/stories.php3?ca=38&si=1749458&issue_id=15069

Old Crocks exhibit in Clinton Centre
Fermanagh Herald (subscription), UK - Jan 5, 2007
Generous sponsorship in previous years was donated by Millennium Babes and The Credit Union. The primary purpose of the group is to express themselves ...

Full Story: http://www.nwipp-newspapers.com/FH/free/323591296082252.php

Alford, Former Lakeland Fire Chief, Dies at 68
Lakeland Ledger, FL - Jan 5, 2007
He had been a member of the Lakeland Community Credit Union Board, the Lakeland Civil Service Board and the St. Joseph Catholic School Board. ...

Full Story: http://www.theledger.com/apps/pbcs.dll/article?AID=/20070105/NEWS/701050346/1004

Improved power play key for Blades
StarPhoenix, Canada - Jan 5, 2007
Following tonight's game in Brandon, the Blades return home to host the Prince Albert Raiders at Credit Union Centre (Saturday, 7:05 pm). ...

Full Story: http://www.canada.com/saskatoonstarphoenix/news/sports/story.html?id=5e448313-e92c-475f-a2f7-1a2727589bd8

ON RECORD SELECTED CALLS TO LOCAL POLICE
Pioneer Press, MN - Jan 5, 2007
Fraud: A 19-year-old Minneapolis woman was arrested on suspicion of fraud at Postal Credit Union, 2401 McKnight Road, about 6:30 pm Dec. 29. ...

Full Story: http://www.twincities.com/mld/twincities/news/local/16386844.htm

BASKETBALL: Knights, Sturdahl produce
North Kingstown Standard Times, RI - Jan 5, 2007
... but the Scarlet Knights grew up a lot last Friday in the championship round of the Westerly Commu-nity Credit Union Tournament. ...

Full Story: http://www.zwire.com/site/news.cfm?BRD=1715&dept_id=73973&newsid=17664234&PAG=461&rfi=9

Corvallis Knights remain excited
Albany Democrat Herald, OR - Jan 5, 2007
... as is former Chamber of Commerce director Mike Corwin, the assistant vice-president for corporate development at the OSU Federal Credit Union. ...

Full Story: http://www.dhonline.com/articles/2007/01/04/sports/community/5com01_knights.txt

The Year in Review
Centre View, VA - Jan 5, 2007
Checks, payable to either Armel Family Trust Fund or Garbarino Family Trust Fund may be sent to those names, c/o Fairfax County Federal Credit Union, ...

Full Story: http://www.connectionnewspapers.com/article.asp?article=75658&paper=62&cat=104

Home school bowling
Pahrump Valley Times, NV - Jan 5, 2007
... CC's Beauty Zone, Charleston Peak RV Park at the Winery, Wells Fargo Bank, Martinizing Dry Cleaners, Nevada Federal Credit Union, Valley Electric, ...

Full Story: http://www.pahrumpvalleytimes.com/2007/Jan-05-Fri-2007/news/11792337.html


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