Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (05/19/2009)
* MADISON, Wis. (5/20/09)--CLARIFICATION: Transactions from 7-Eleven Vcom (virtual commerce) kiosks have increased 43% compared with the same time period one year ago, according to Financial Service Centers Cooperative. News Now Tuesday referred to the units as ATMs instead of kiosks. The kiosks, which allow users to conduct any transaction they normally could at a credit union branch, function differently than an ATM, according to FSCC ... * LANSING, Mich. (5/20/09)--The league representatives for the Michigan Credit Union League’s (MCUL) credit union relations department shifted to CUcorp and report to Lisa Treat, director of credit union relations, effective May 1. The new department combines the efforts of MCUL representatives with the CUcorp in-state sales team. The move is designed to eliminate job redundancies, save money, improve sales efforts and realize tax benefits from shifting expenses, said the league (Michigan Monitor May 18) ... * COLUMBIA, Md. (5/20/09)--The Credit Union Foundation of Maryland and District of Columbia announced the appointment of two new board directors.
Jo Ann Talbot, CEO, National Capital FCU, Landover, Md., and Paul Torbeck, CEO, Point Breeze CU, Hunt Valley, Md., were newly appointed to the nine-member volunteer board. The new directors replace Lisa Jester, CEO, Central CU of Maryland, Towson, Md., and Jerry Dooley, CEO, Ft. Meade (Md.) Community CU, who reached their director term limits of six years (FOCUS Newsletter May 18) … * HARRISBURG, Pa. (5/20/09)--Collaboration was the focus of the Annual Pennsylvania Credit Union Foundation breakfast, according to the Pennsylvania Credit Union Association (Life is a Highway May 19). During the breakfast, retired U.S. Army Colonel Mark Volk recounted his experienced of working in the Pentagon on Sept. 11, 2001. His office was located in the area that was damaged in the terrorists' plane crash. He was awarded a Soldier’s Medal, the highest non-combat award for heroism, for his actions that day. Volk encouraged collaboration and said credit unions can work with schools on financial education programs. “Give back in service to the community,” he said. From left are: Norb Kaczmarek, foundation board chair; Mike Wishnow, association senior vice president of marketing and communications; Volk; Joe Wambach, executive director of the foundation; and Dave Ackerman, vice chairman. (Photo provided by the Pennsylvania Credit Union Association) ... * TAMPA BAY (5/20/09)--GTE FCU, Tampa, Fla., has created a new account, U22, for 12- to 22-year-olds and has named Evan Longoria, Tampa Bay Rays third baseman and Major League baseball’s “Rookie of the Year” as spokesperson for the accounts. He was involved with a U22 photo shoot to promote the U22 debit card and will be featured on radio commercials that will air during Rays’ home games (Tampa Bay Business Journal May 19). Young adults who sign up for a U22 account by Sept. 5 will receive two Tampa Bay Rays tickets and be given a chance to meet Longoria before the game. GTE has $1.8 billion in assets ... * LANSING, Mich. (5/20/09)--Staff and volunteers from Michigan's Oakland County Credit Union Chapter hopped a bus and traveled to Lansing May 13 for a luncheon with state lawmakers, including State. Sen. Gilda Jacobs (D-Huntington Woods), center (Michigan Monitor May 18). They met with nine lawmakers and several staffers, including Jacobs; State Sen. Deb Cherry (D-Burton): State Rep. Gail Haines (R-Waterford); State Sen. Nancy Cassis (R-Novi); State Rep. James Marleau (R-Lake Orion); State Rep. Marty Knollenberg (R-Troy) and staff; State Sen. John Pappageorge (R-Troy) and staff; State Rep. Tim Melton (D-Auburn Hills): Rep Chuck Moss (R-Birmingham); and staff from the office of State Rep. Lisa Brown (D-West Bloomfield). The group was recognized in the House during its session. (Photo provided by the Michigan Credit Union League) … * VIRGINIA BEACH, Va. (5/20/09)--A suspect has been arrested and charged with robbery, conspiracy and possession of burglary tools in two robberies of the same credit union--Virginia Beach (Va.) Schools FCU (PilotOnline.com and HamptonRoads.com May 18). Matthew Alexader Lewis Sr., 25, of Virginia Beach, turned himself in, said police. The latest robbery incident occurred May 1. Lewis is also a suspect in a June 23, 2008, robbery at the $63 million asset credit union …


RSS





print
News Now LiveWire
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
57 minutes ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
2 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
3 hours ago
Data breach fatigue? No wonder: 45% of Americans said they had received breach notification from retailer/card-issuer http://t.co/gRIuZanUNQ
4 hours ago
Season's greetings from playlists to cookies #NewsNow http://t.co/5gu8nrCoyL
5 hours ago