Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (12/28/2012)
  • OSCODA, Mich. (12/28/12)--A suspect in the Dec. 20 robbery of Oscoda, Mich.-based Northland Area FCU's Skidway Lake branch was hospitalized after rolling his vehicle over in a field during a police chase. The unidentified man, 50, suffered a collapsed lung. Police say he will be arraigned next week after his release from the hospital. The incident occurred at about 2:15 p.m. when a man allegedly brandished a handgun and robbed the credit union, then fled to the car. All the money taken and a weapon have been recovered, said policy (The Ogemaw County Herald Dec. 26) …
  • DUNEDIN, Fla.(12/28/12)--The City Commission of Dunedin, Fla., has approved a financial incentive package of $127,000 to try to persuade Clearwater-based Achieva CU to choose the city as the location of its new corporate headquarters. The approval was unanimous (Tampa Bay Times Dec. 23). Under the agreement, the city would waive $21,200 in building review, inspections and five years' business tax and licensing costs; award the credit union matching grants of $5,000 for design assistance, $10,000 for demolition and $42,500 each in fiscal years 2013 and 2014 for façade improvements; and pay the $5,835 legal bill for drawing up the contract. The credit union is remodeling a former Nielsen Media Research call center and expects it to be completed in the spring …
  • HARRISBURG, Pa. (12/28/12)--Two credit union officials and several members of Philadelphia area credit unions are represented on the Steering Committee of the Philadelphia Area Cooperative Alliance (PACA), said the Pennsylvania Credit Union Association (PCUA)(Life is a Highway Dec. 27). The committee includes Mark DeYoung, vice president of Eastern member service, Sun FCU; Diane Childs, vice president of marketing, Sb1 FCU; and several members of Philadelphia FCU. The committee will oversee PACA's incorporation, bylaws and member recruitment. The membership organization, developed earlier this year, is a network of cooperatively owned businesses and allies working to support development of new co-op businesses, provide services to existing co-ops, educate the public about co-ops, and advocate for co-ops with elected officials, said PCUA. Cooperatives, including credit unions, are celebrating 2012 as the United Nations International Year of Cooperatives …
  • BARTLESVILLE, Okla.(12/28/12)--The Board of Directors of 66 FCU, a $636 million asset credit union based in Bartlesville, Okla., announced last week that the credit union will adopt a new name in 2013 (Bartlesville Examiner-Enterprise Dec. 23). It has hired a nationally recognized naming and branding firm to assist in developing the new name. The credit union has had a history with Phillips Petroleum Co. since 1939 and more recently with ConocoPhillips, said 66 FCU President/CEO Kelly Diven. "However, a new name will help convey that we serve not only these two employee groups, but others as well," Diven said, adding a new name would help position the credit union for future growth and financial strength. The credit union also serves The University of Kansas, Tyson Foods and other select employee groups …


RSS print
News Now LiveWire
Goodwill Industries latest to report data security breach http://t.co/gIaXNsT4Bk
13 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine: http://t.co/tW1p9rTSSv
15 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs. http://t.co/3zPhejSPZt
15 hours ago
Children in foster care face higher risk of identity theft via @NBCNews http://t.co/Dif0hCfBdA
15 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank http://t.co/h2O8O4TxuD
16 hours ago