Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (10/11/2010)
ATLANTIC CITY, N.J. (10/12/10)--Ten small New Jersey credit unions that participated in the Small Credit Union Initiative (SCUI) the past year and completed all requirements were recognized at the New Jersey Credit Union League's 76th Annual Business Meeting Oct. 4. Representatives pictured are from: Elizabeth NJ Firemen's FCU, Franklin-St.John's CU, Jersey Central FCU, Lakewood Community FCU, Messiah Baptist FCU, Parlin DuPont Employees FCU, Public Service FCU, Rancocas FCU, Salem Baptist FCU, and St. James A.M.E. FCU. SCUI provided participants with services at no cost, including membership satisfaction surveys, board/management training through the Credit Union National Association's CPDOnline and league sessions, quarterly participant meetings and networking, field staff support, registration for chapter meetings, peer analysis and facilitated strategic planning sessions. The program is funded by the National Credit Union Foundation, New Jersey Credit Union Foundation and the New Jersey league (The Daily Exchange Oct. 11). (Photo provided by the New Jersey Credit Union League) ... * HARAHAN, La. (10/12/10)--A former teller at Jefferson Parish Employees FCU has been charged in the theft of $31,000 from her teller drawer, said the Jefferson Parish Sheriff's Office. Leslie Leblanc, 24, of River Ridge, a teller for about five years, was charged Wednesday with theft of more than $1,500 after the credit union performed a surprise cash count Oct. 5 as part of its auditing procedures and her teller drawer came up short. She told police the thefts occurred over a period of 10 months to finance gambling at casinos and some cash bills. The credit union said no member accounts or vault funds were affected. (The Times-Picayune via Oct. 7) ... * DES MOINES, Iowa (10/12/10)--The Iowa Credit Union Foundation has hired Adam Carroll as financial education consultant. Carroll will provide financial education training and technical assistance to Iowa credit unions through a grant from the Northwest Area Foundation. He will develop turn-key solutions and templates for credit unions delivering financial education and will teach credit unions how to present the information for their members. Carroll is founder of National Financial Educators, a financial literacy program designed to educate college students across the country. He is publisher of "Winning the Money Game" in 2005 ... * PANAMA CITY, Fla. (10/12/10)--A Florida-based credit union has opened a loan office in Mobile, Ala. Panama City, Fla.-based Tyndall FCU announced The Lending Center had opened on Oct. 4. Through the center, the more than $1 billion asset Tyndall will offer products and services such as auto loans, mortgages, home equity lines of credit, and credit cards. The credit union said the new center is Tyndall's first location in the Mobile and Baldwin County areas, but it would not be its last. The credit union plans to add multiple full-service branches in the counties soon. "The opening of this new facility is just the beginning," said Tyndall President/CEO Jim Warren. "We want to become a big part of the community and help as many people as possible save money," he added ...


News Now LiveWire
.@NACHAOnline report: ACH volume increases to 23B payments in 2014
1 day ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers:
1 day ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow
1 day ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow
1 day ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU
1 day ago