Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU System briefs (11/28/2011)
  • HARRISBURG, Pa. (11/29/11)--An alert member service representative (MSR) at LANCO FCU thwarted an identity theft scam, according to the Pennsylvania Credit Union Association (Life is a Highway Nov. 28). A new member opened an account Wednesday at the $63.3 million asset credit union based in Lancaster, Pa., showing a license with a Lancaster address. The next day the new member visited one of its branches and attempted to cash a check from Comcast for more than $2,000. The MSR questioned the check and told the member she needed to verify funds or place a hold on it. While the MSR was on the phone, the member became agitated and threatened to cash it elsewhere. Later, the same member attempted the same transaction without success at another LANCO branch. The credit union contacted the police and learned the ID was fraudulent and the person whose ID was used is from Philadelphia …
  • SANTA CRUZ, Calif.(11/29/11)--Santa Cruz (Calif.)Community CU announced its board has named Elizabeth "Beth" Carr as its new CEO. Carr brings 23 years of credit union experience, most recently as senior vice president, retail services at Ventura County CU and as president of a wholly owned subsidiary offering insurance, protection packages and car buying services. She also served as vice president, marketing/business development. Santa Cruz Community CU has $87 million in assets, more than 9,500 members and branches in Santa Cruz and Watsonville …
  • ALEXANDRIA, Va. (11/29/11)--During October, CommonWealth One FCU awarded prizes to 21 winners who played its online Turbo Charged Web Hunt Game for a chance to win one of 10 $15 gas cards, five $50 Jiffy Lube Cards, five $50 Visa Gift Cards, and a $500 Visa Gift Card grand prize.  At the beginning of each week, members were given two new clues to look for red car icons on When they located the car's icon, they moused over the icon (which produced a racing car sound effect) to add it to their game piece. There were 10 cars hidden on various pages of the credit union's website. After the game ended, winners were drawn from players who found all 10 cards.  Grand Prize winner was Katherine Russell …


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
22 minutes ago